What is DynaPay™?

DynaPay™ is a full service electronic funds transfer program developed by Capital Dynamics Corporation to assist for-profit and non-profit organizations in collecting payments / contributions. The DynaPay™ program performs within the Federal Reserve’s Automated Clearing House System which was created in 1979 to process and settle electronic transactions In place of checks. Unlike checks, an electronic funds transfer is an instantaneous debiting and crediting between specified bank accounts.

Q: What types of organizations would benefit by using DynaPay™?

A: Any organization that collects monthly or quarterly payments or contributions, such as:

• Security firms, country clubs, finance companies
• Private schools, colleges, athletic funds, hospitals
• Publicly supported radio/television stations
• Churches and Mission-oriented organizations

• Capital Dynamics works with your organization in developing a marketing plan
• Your organization collects the DynaPay™ authorization forms from the customers/donors
• The DynaPay™ authorization forms are sent to Capital Dynamics for research and computer entry
• Capital Dynamics processes the electronic funds transfers through the Federal Reserve
• The payments/contributions are deposited into your organization’s account
• The payment/contribution is reflected on your customer’s/donor’s bank statement
• You are provided monthly reporting electronically or by hard copy

 

• Increases cash flow
• Reduces administrative costs
• Avoids mail delays/losses
• Eliminates the cost of sending monthly reminders
• Assists in the budgeting process
• Provides reliable monthly cash flow
• Generates higher % of payments/pledges collected

• Eliminates inconvenience of writing checks
• Provides a mechanism for consistent payments/ contributions
• Eliminates costs of mailing and processing checks
• Assists in budgeting payments/contributions
• Provides an annual report of payments/contributions

 

We now offer a Secured Online Donation Services

• Receive donations from your website
• Increase your contribution level
• Convenient way for your donors to support your objectives
• Reasonably priced
• See Example page
• Contact us for setup instructions