Compare DynaPay vs SatchelPay

DynaPay Ltd Logo
Trustpilot Rating
Reviews 1 | Average
 (3.7)

DynaPay Ltd is an electronic money institution focused on providing banking alternative for online-oriented businesses and PSP solution for low and medium risk merchants. DynaPay is a part of DYNINNO Group that provide in-house IT solutions, lead generation and sales to brands operating in more than 50 markets worldwide. DynaPay Ltd offers payment accounts with IBAN for businesses and individuals, card acquiring, payment processing, white-label solutions, merchant accounts. In 2018 DynaPay Ltd had total assets of 2,144.00 GBP, DynaPay Ltd generated net income of -48,534.00 GBP. Incorporated in the United Kingdom, DynaPay Ltd is authorized and regulated by the Financial Conduct Authority.

Satchelpay UAB Logo
Trustpilot Rating
Reviews 2 | Average
 (3.7)

Satchelpay UAB is an electronic money institution focused on facilitating global payment transactions. Satchelpay UAB offers virtual personal IBAN accounts, virtual business IBAN accounts, merchant accounts with IBAN, physical prepaid cards, virtual prepaid cards to private individuals, international businesses, financial institutions. In 2019 Satchelpay UAB had total customer funds to be safeguarded of 2.42 mln EUR, Satchelpay UAB generated gross profit of 633,000.00 EUR. Incorporated in Lithuania, Satchelpay UAB is authorized and regulated by the Bank of Lithuania.

DynaPay Business Focus
banking services, payments processing solutions
DynaPay Solutions
  • white-label solutions
  • banking as a service (BaaS)
  • PSP for licensed cryptocurrency wallets
DynaPay Products
  • personal accounts with IBAN
  • business accounts with IBAN
  • merchant accounts
DynaPay Services
  • card acquiring
  • payment processing
DynaPay Clients
  • individuals
  • businesses
  • merchants
  • financial institutions

View DynaPay Profile +

SatchelPay Business Focus
facilitating global payment transactions
SatchelPay Products
  • virtual personal IBAN accounts
  • virtual business IBAN accounts
  • merchant accounts with IBAN
  • physical prepaid cards
  • virtual prepaid cards
SatchelPay Clients
  • private individuals
  • international businesses
  • financial institutions

View SatchelPay Profile +

Compare Personal Accounts

DynaPay SatchelPay
CurrencyEUREUR, GBP, CHF
and 22 more
Payment Cards physical
virtual
physical
virtual
Personal IBAN available (GB IBAN) available (LT IBAN)
UK Account Number not available not available
Customer GroupsEU residents
non-EU residents
EU residents
non-EU residents
Pricing Plans EU
Multinational
EU
non-EU
Open Account Open Account
 

Currency

DynaPay

Personal Payment Account is a single-currency account, allowing the account holder to have funds in EUR only.

SatchelPay

Personal Current Account is a multi-currency account, allowing the account holder to have funds in EUR, GBP, CHF, CNY, JPY, AED, TRY, ILS, PLN, HUF, DKK, SEK, NOK, RON, HRK, CZK, AUD, NZD, CAD, MXN, HKD, SGD, RUB, ZAR, SAR.

Payment Cards

DynaPay

Payment cards are not offered together with Personal Payment Account.

SatchelPay

Satchelpay Personal Card (MasterCard) can be ordered together with Personal Current Account.

International Transfers

DynaPay

  • SWIFT Transfers
  • SEPA Credit Transfers

SatchelPay

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

Personal IBAN

DynaPay

n/a

SatchelPay

  • available for verified customers
  • purchased from 7,00 EUR per month

IBAN Countries

DynaPay

Personal IBANs assigned to Personal Payment Account belong to the United Kingdom.

SatchelPay

Personal IBANs assigned to Personal Current Account belong to Lithuania.

Pricing Plans

DynaPay

Personal Payment Account is offered with several pricing plans for different customer groups, namely EU, Multinational.

SatchelPay

Personal Current Account is offered with several pricing plans for different customer groups, namely EU, non-EU.

  • EU
  • offered to: EU residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 1.00 EUR
  • Closing Fee 50.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 35.00 EUR
  • SWIFT Incoming 5.00 EUR
  • Open Account
  • non-EU
  • offered to: non-EU residents
  • Initial Fee 575.00 EUR
  • Monthly Fee 35.00 EUR
  • Closing Fee 150.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 45.00 EUR
  • SWIFT Incoming 10.00 EUR
  • Open Account

How to Open DynaPay Account

Opening Personal Payment Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Upload your proof of address
4.
Account is ready to use in 15 minutes
Proof of Identity. Depending of the client's country, DynaPay accepts the following documents: passport, national ID card, driving license.
Proof of Address. These documents are accepted as a proof of address: utility bill, bank statement, tax return.


How to Open SatchelPay Account

Opening Personal Account
1.
Provide your details online
2.
Upload your proof of address
3.
Upload your proof of identity
4.
Pass video authentication
5.
Account is ready to use in a few minutes
Proof of Address. These documents are accepted as a proof of address: utility bill, bank reference, bank statement.


Compare Business Accounts

DynaPay SatchelPay
CurrencyEUREUR, GBP, CHF
and 22 more
Payment Cards physical
virtual
physical
virtual
Personal IBAN available (GB IBAN) available (LT IBAN)
UK Account Number not available not available
Customer GroupsEU based
non-EU based
EU based
non-EU based
Pricing Plans EU
Multinational
EU
non-EU
Open Account Open Account
 

Currency

DynaPay

Business Payment Account is a single-currency account, allowing the account holder to have funds in EUR only.

SatchelPay

Business Current Account is a multi-currency account, allowing the account holder to have funds in EUR, GBP, CHF, CNY, JPY, AED, TRY, ILS, PLN, HUF, DKK, SEK, NOK, RON, HRK, CZK, AUD, NZD, CAD, MXN, HKD, SGD, RUB, ZAR, SAR.

Payment Cards

DynaPay

Payment cards are not offered together with Business Payment Account.

SatchelPay

Satchelpay Business Card (MasterCard) can be ordered together with Business Current Account.

International Transfers

DynaPay

  • SWIFT Transfers
  • SEPA Credit Transfers

SatchelPay

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

Personal IBAN

DynaPay

n/a

SatchelPay

  • available for verified customers
  • purchased from 7,00 EUR per month

IBAN Countries

DynaPay

Personal IBANs assigned to Business Payment Account belong to the United Kingdom.

SatchelPay

Personal IBANs assigned to Business Current Account belong to Lithuania.

Pricing Plans

DynaPay

Business Payment Account is offered with several pricing plans for different customer groups, namely EU, Multinational.

  • EU
  • offered to: EU based
  • Initial Fee 200.00 EUR
  • Monthly Fee 50.00 EUR
  • Open Account
  • Multinational
  • offered to: non-EU based
  • Initial Fee 500.00 EUR
  • Monthly Fee 100.00 EUR
  • Open Account

SatchelPay

Business Current Account is offered with several pricing plans for different customer groups, namely EU, non-EU.

  • EU
  • offered to: EU based
  • Initial Fee 375.00 EUR
  • Monthly Fee 35.00 EUR
  • Closing Fee 100.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 45.00 EUR
  • SWIFT Incoming 10.00 EUR
  • Open Account
  • non-EU
  • offered to: non-EU based
  • Initial Fee 1075.00 EUR
  • Monthly Fee 50.00 EUR
  • Closing Fee 250.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 75.00 EUR
  • SWIFT Incoming 10.00 EUR
  • Open Account

How to Open DynaPay Account

Opening Business Payment Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Upload your proof of address
4.
Upload your company details
5.
Account is ready to use in up to 24 hours


How to Open SatchelPay Account

Opening Business Account
1.
Provide your details online
2.
Upload your corporate documents
3.
Upload your company details
4.
Upload your proof of address
5.
Upload your proof of identity
6.
Pass video authentication
7.
Account is ready to use in 1 day - 2 weeks
Proof of Address. These documents are accepted as a proof of address: utility bill, bank reference, bank statement.
Company Details. SatchelPay requires a detailed business description including source of funds, website, incoming and outgoing transfers, involved countries.
Corporate Documents include certificate of incorporation, memorandum and articles of association; appointment of directors and shareholders; certificate of good standing (for companies older than 1 year).