ZotaPay is a widely used payment gateway that started operations in 2015. The service stands out because of its incredible global reach. ZotaPay cooperates with over 1000 financial institutions and banks and has a presence in more than 150 countries. If you want to use a local payment method to deposit in online casinos, ZotaPay is usually your best bet.
The payment method draws and receives funds from your bank account. It plays the role of a middle-man, allowing businesses to cater to a global audience without individually integrating every banking option. Depositing via ZotaPay is instant, which makes it ideal for online casino transactions. In this review, we go over everything you need to know about ZotaPay. Should you use this payment method? Read on to find out.
What is ZotaPay?
ZotaPay is a fintech company formed in 2015 that operates one of the most extensive global payment gateways. The service caters to many industries, such as e-commerce, travel, and iGaming. ZotaPay is simple to use and does not require you to register an account. Best of all, this payment method has no hidden costs or fees.
Depositing money through ZotaPay is lightning fast, with funds becoming instantly available to play. The payment gateway also does not reveal your banking information or collect any sensitive data.
Withdrawing funds via ZotaPay is possible, though not supported by every online casino. You will need to verify if the gambling site you are interested in supports cashing out with the payment method. If it does not, you will have to use another banking option for cashing out.
ZotaPay Account
ZotaPay does not require end users to register an account. Instead, the service connects to your bank account via online banking to authorize and carry out transactions.
Company
The company was founded in 2015 by Avner Ziv, a co-founder of the successful Mabsut Payments Group. ZotaPay was envisioned to facilitate online transactions through bank cards, e-wallets, alternative payment methods and online banking. The wide range of payment options and support for multiple currencies led to its widespread adoption.
ZotaPay’s payment gateway was successful enough to net the company the Best Payment Provider 2020 award by the Finance Magnates at the Virtual 2020 Expo. On top of that, they sponsored Formula 3 driver Yarin Stern, showing they are far from a niche payment service.