OKTO reveals a significant milestone: a strategic partnership with Sazka, the largest and oldest lottery company and market leader in the point of sale (POS) network in the Czech Republic. This collaboration marks OKTO's entry into the country, solidifying its reputation as an innovator in gaming payment solutions.
OKTO.CASH, the company's innovative cash-to-digital payment service tailored for registered players, is now accessible across Sazka's extensive network of over 6,700 points of sale, with additional locations scheduled for integration by the end of the year. The first e-merchant is already benefiting from the service, with many more expected throughout the year.
"This partnership with Sazka marks a transformative moment for OKTO in the region", commented Vasilis Contoguris, senior manager of international expansion at OKTO for the cash-to-digital function. "By enabling consumers to load their iGaming accounts with cash in real-time through an embedded payment solution, we are fulfilling our promise of an exceptional customer experience. This aligns perfectly with our mission and underscores our commitment to innovation and convenience".
Sazka, known for its wide network of points of sale, is equally excited about this collaboration. Pavel Vápenka, sales director of Sazka, expressed: "We are pleased to join forces with OKTO to offer our customers a convenient and secure cash reload solution. This partnership and integration highlight our dedication to enhancing the customer experience, providing easy access to essential services. With OKTO's service integrated into our network, we are confident that online players and operators will appreciate the added convenience".
OKTO's expansion into the Czech Republic follows successful launches of OKTO.CASH in Romania, Greece, Germany, Cyprus, Italy, Serbia, and Spain. The company's cash-to-digital service, seamlessly embedded in merchant apps or websites, offers users the fastest and most direct method to send funds online, eliminating the need for third-party apps.
In the coming months, several online operators are ready to offer OKTO's eVoucher payment method to their users, further solidifying OKTO's commitment to providing a superior payment experience in every transaction.
OKTO: Digital payments for the real world
OKTO drives digital payments for online and retail businesses worldwide. Our unified payment platform securely processes transactions in both digital and real realms, creating engaging payment experiences for merchants and consumers.
With a team of over 200 payment experts and technologists, we orchestrate digital payments across the Americas, Europe, and Asia through a mix of local expertise, industry knowledge, and international capabilities. Our omnichannel approach supports clients in various regulatory scenarios, ensuring low friction and high protection.
With more than €4 billion in processed volume for over 25 million consumers worldwide, we continuously drive digital transformation in payments.
To learn more about OKTO: www.oktopayments.com
Sazka is the largest and oldest lottery company in the Czech Republic, providing customers with the broadest portfolio of games and daily entertainment through continuous innovation and responsible gaming. The most famous lottery is Sportka, a popular game with a history of over 65 years.
Since 2014, the company has been the operator of the Eurojackpot lottery, one of the largest games in Europe. The entertainment family also includes scratch cards, sports betting, and quick-play games. Sazka delivers its products on the online gaming portal www.sazka.cz and through an exclusive sales network with more than 7,600 points of sale throughout the Czech Republic.
Sazka is a leader in responsible gaming. In addition to international certifications audited by the European Lotteries and the World Lottery Association, it develops its own Play with Sense project and prevention programs in cooperation with nonprofit organizations.
Sazka is part of the Allwyn Group, which also operates lotteries in Austria, Greece, Cyprus, and Italy, and will also become the operator of the UK National Lottery starting in 2024. At the end of last year, it also agreed to take over the Camelot LS Group, which operates a lottery in the U.S. state of Illinois. Sazka is a member of the multinational investment group KKCG, operating in 38 countries.
Source: GMB
