Company Information

Get to know Yotta Pay

Yotta Pay Ltd is a UK-based fintech firm authorized by the Financial Conduct Authority (FCA) as a Payment Initiation Service Provider (PISP) and an Account Information Service Provider (AISP). The company's mission is to provide a simpler, more secure, and cost-effective alternative to traditional card payments. By leveraging Open Banking technology, Yotta Pay facilitates instant bank transfers from a customer's bank account to a merchant's account, reducing transaction fees, eliminating chargebacks, and improving cash flow with immediate settlement. Their services are designed for a wide range of businesses, from e-commerce stores to physical retailers, offering payment solutions via QR codes, payment links, and API integrations.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Yotta Pay

United Kingdom

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.