OKTO has launched its innovative cash-to-digital payment solution, OKTO.CASH, with Interwetten, a leading operator in the German iGaming market. This strategic collaboration marks a significant milestone for OKTO, expanding its presence in Germany and solidifying its role as a leader in cash-to-digital solutions for enthusiasts in Europe and beyond. Following the launch in the country, new events are planned across the continent.
With OKTO.CASH Interwetten customers can now easily and securely fund their iGaming accounts using cash. Leveraging OKTO's extensive and growing network of over 14,000 retail stores throughout Germany — including well-known chains such as Avia, Esso, Lotto, OMV, Q1, Shell, Tamoil, and Westfalen — users can quickly convert physical cash into digital funds.
This seamless solution provides a quick, safe, and convenient top-up option, perfectly tailored to meet the preferences of the German market.
Commenting on the partnership, Rene´Hartl, head of payment operations at Interwetten, said: "Our collaboration with OKTO highlights our commitment to providing innovative and user-friendly payment solutions. With OKTO.CASH, our players can easily deposit cash into their Interwetten accounts from familiar locations, giving them unprecedented convenience and flexibility".
Mikhail Ovsepyan, head in Germany at OKTO, added: "We are pleased to partner with Interwetten for the launch of OKTO.CASH in the country. This partnership underscores our dedication to expanding across the region and beyond, while offering cutting-edge payment solutions that meet the needs of iGaming fans. Our goal is to transform the payment experience in gaming with unmatched convenience and security".
This strategic partnership between OKTO and Interwetten begins in Germany, with plans to launch the OKTO.CASH solution in various regions of Europe.
Interwetten
Interwetten is one of the leading international providers of sports betting in German-speaking countries and offers fans exciting online entertainment with sports betting for over 70 sports at www.interwetten.com, as well as the Interwetten app, available for all common devices.
Interwetten heavily invests in the continuous development of technologies that enhance the betting experience and make sports betting safer, while placing the highest value on player protection. Interwetten has been licensed by the Malta Gaming Authority (MGA) since 2005 and in Germany since 2020.
Interwetten has also successfully passed licensing procedures in Greece, Spain, Ireland, and Sweden. In the area of player and consumer protection, Interwetten has always committed to the highest standards in all domains.
For more information about the various licensed products and brands of Interwetten, visit: www.interwetten.com or www.interwetten.de for Germany.
OKTO - Digital payments for the real world
OKTO drives digital payments for online and retail businesses worldwide. Our unified payment platform securely processes transactions across digital and real realms, creating immersive 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 blend of local expertise, industry knowledge, and international capabilities. Our omnichannel approach supports clients in diverse regulatory scenarios, ensuring low friction and high protection.
With more than €6 billion in processed volume for over 25 million consumers worldwide, we continuously drive digital transformation in payments.
Learn more about OKTO: www.oktopayments.com
Source: GMB
