ZotaPay is an online payment service that is particularly popular in emerging markets and offers several means of payment to fund a forex trading account. The method is popular mainly because it is seen as safer for the consumer than leaving for instance credit card details directly with a broker. In addition, ZotaPay has become popular among some forex brokers since it simplifies how they deal with payments.
ZotaPay itself has regional offices in several of the world's financial centers, and holds regulatory licenses in places such as the UK, Hong Kong and Switzerland. In total, ZotaPay is active in 150 countries andworks with more than 1,000 financial institutions worldwide.