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ZooPay
United Kingdom
2013 (12 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know ZooPay
Company Information
Get to know ZooPay
ZooPay's Open Source Payment Platform includes a powerful omni-channel transaction processing API, enabling you to quickly and flexibly build new applications and services on the ZooPay platform. One single unified REST API allows you to access the complete set of ZooPay features and front-end widgets. Whether you’re processing payments in browsers, server-to-server, a smartphone, or even if you’re configuring merchant accounts or risk checks or extracting reports, you’ll always use the same API. ZooPay that offers more than 220 alternative payment methods. However, it’s how these payment methods are integrated and configured for merchants that sets their ZooPay payment processing solution apart from the rest. Their processing environment utilises cutting-edge cloud technology to support processing loads of up to 700 transactions per second, guaranteeing 99.99% availability, multiple redundancies, and world-class latency. Physical security at their ftwo primary data centres is ensured with full video surveillance and access control, using individual badges, PIN codes and a palm scanner.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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