OKTO is pleased to announce a strategic partnership with Microgame, a leading provider of online gaming platforms in Italy. This collaboration extends OKTO's innovative open-loop solution, OKTO.WALLET, to the PVR (Punto Vendita Ricariche) market, offering Microgame's operator partners a fully compliant and efficient payment option, in accordance with the latest PVR decree.
Designed with deep market insights, OKTO.WALLET perfectly meets the needs of players and operators, offering a secure, convenient, and regulation-compliant cash-to-digital payment solution. Certified by iTech Labs and Quinel, the wallet aligns with the standards of Italy's gaming authority, the Agenzia delle Dogane e dei Monopoli (ADM).
This partnership empowers users to easily deposit and withdraw cash at PVR recharge points, while the OKTO Visa card extends accessibility, allowing users to manage their funds anytime and anywhere. Additionally, PVR operators can expand their cash-to-digital service network, providing a smooth and engaging user experience.
Several established gaming operators using the Microgame platform are now ready to launch OKTO.WALLET, further demonstrating their commitment to providing a secure, compliant, and efficient environment for their consumers.
Moreover, the partnership will feature the OKTO.CASH service, OKTO's established and compliant eVoucher solution on the Microgame platform. This integration expands cash-to-digital payment options for operators and maximizes the potential of Microgame's features.
Dante Micucci, Country Manager of OKTO Italy, commented: "Our collaboration with Microgame addresses the evolving regulatory landscape and the growing demand for frictionless payments at PVR locations. OKTO.WALLET bridges the online and offline worlds, offering operators and players unparalleled convenience and security in a rapidly evolving market.
As compliance with payment regulations becomes increasingly vital, being prepared is essential for success in the market. OKTO is here to support gaming operators in navigating the new Italian regulations, and we are confident that this collaboration will bring unparalleled convenience and enhanced experiences for operators and players".
Marco Castaldo, CEO of Microgame, added: "The partnership with OKTO allows us to enhance our services with an advanced payment solution that meets regulatory standards and evolves the overall gaming experience. This collaboration reflects our commitment to providing our operator partners and their participants with the most advanced and secure tools available in the market".
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-world 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 various regulatory scenarios, ensuring low friction and high protection.
With more than €6 billion in volume processed for over 25 million consumers worldwide, we continuously drive digital transformation in payments.
Learn more about OKTO: www.oktopayments.com
Source: GMB
