CurrentDesk Integrates ZotaPay Streamlining Brokers' Payment Options

CurrentDesk, a solutions provider to brokerage and trading firms, has announced today its partnership with ZotaPay, thus integrating the payment gateway to facilitate a direct Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term option from its portal.

The press release shared with Finance Magnates detailed that the services will be limited to the brokers registered with the UK's Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), and Cyprus Securities and Commission Exchange (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term).

The company detailed that this will benefit the brokers that are facing regulatory challenges when onboarding clients in regions like Asia, Latin America, and Africa. It also highlighted that most of the trader transactions in these regions are cardless and also the processing options change frequently.

CurrentDesk primarily offers technology solutions to brokers to reduce workloads, streamline processes, and increase efficiency.

With this ZotaPay integration, brokers will have access to a vast network of payment solutions that include over 300 global payment providers.

Mentioning this integration, Travis Dahm, co-founder of CurrentDesk, said: “Our partnership with ZotaPay has helped us to simplify the payments landscape for our brokerage clients. Brokers can offer hundreds of tailored deposit options to their traders directly from their client portal, in just a few clicks.”

Offering Diverse Payment Methods

Founded in 2015, Zotapay focused on offering customized payments solution to merchants. According to the company, it has a network of 500 banks, acquirers, e-wallets, and payment institutions.

“At ZotaPay, our focus has always been about forging meaningful partnerships and long-term relationships with like-minded people. Our recent partnership with CurrentDesk is yet another collaboration that enables us to offer even better services to our valued merchants around the world,” Avner Ziv, co-founder and CEO of ZotaPay, added.