Payment solutions provider Okto has announced a new partnership with German iGaming operator Bet-at-home to provide its payment service Okto.Cash.
In the newly formed partnership, Okto has added a new iGaming partner to its portfolio and seeks to consolidate its market position in Germany. As part of the agreement, Bet-at-home will now use Okto's network of 14,000 operational points in Germany — covering well-known brands such as Shell, Esso, and Deutsche Post.
Bet-at-home.com Product Manager Richard Greslehner commented on the partnership, saying: "This collaboration highlights our commitment to providing our customers with advanced and convenient payment solutions. With Okto.Cash, users can now seamlessly deposit cash into their online bet-at-home accounts at their favorite everyday stores."
Okto initially entered the German market in April 2023 with GGL approval. Since then, the company has had a busy period, acquiring Flexia Payments in October last year and recently expanding into the Indian market with Okto.Cash in June.
Mikhail Ovsepyan, Okto's head for Germany, spoke on this latest development, stating: "We are thrilled to partner with bet-at-Home and launch Okto.Cash in Germany."
"This partnership underscores our commitment to expanding our impact in the German market and providing cutting-edge payment solutions that meet the needs of iGaming enthusiasts. We look forward to utterly transforming the gaming payment experience and offering unparalleled convenience and security to users."
