DynaPay

UK-based high-risk payment processor focused on small businesses

Key Data

  • Trading Name: Mulitpass/DynaPay
  • Legal Entity: DynaPay Limited
  • Activities: offering various online payment options
  • Location: London, UK
  • Regulations: authorized and regulated by the Financial Conduct Authority (FCA) as an e-Money Institution with reference number 900840

DynaPay is the brand and platform of Uk-registered DynaPay Limited (company number 10841289), which is authorized and regulated by the Financial Conduct Authority (FCA) as an e-Money Institution with reference number 900840. DynaPay was established in 2017 in London.

The company is a part of the DYNINNO Group (www.dyninno.com), a U.S. global information technology group founded in San Francisco in 2004.

Offering

DynaPay offers various online payment options but also bank accounts with IBAN. DynaPay charges monthly fees for its services start with a monthly maintenance fee of €9.90 for a business account. Merchant accounts are free in the basic version.

DynaPay specializes in small and medium-sized merchants. It accepts high-risk merchants such as gambling, forex, or money businesses.

In March 2022, DynaPay rebranded itself as MultiPass.

The newly launched brand provides payments to and from 180 countries, with local payment accounts in the UK, US, and EU, and a single multi-currency account supporting 38 currencies.

Costumer Rating

On Trustpilot, the payment processor earned a 4.2-star rating.

Conclusion

To date, there are no known reports of MultiPass/DynaPay‘s involvement in scams or cybercrime. Therefore, we include the payment processor in the “Green Compliance Light” list.

 

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