Payments solutions company OKTO has announced a collaboration with Italian iGaming brand Eventogioco to introduce OKTO PVR to the operator’s users. “This partnership represents a significant step forward in extending OKTO’s tailored cash-to-digital payment solutions for the Italian market,” according to a press release.
OKTO PVR is a bespoke wallet solution designed to cater to players and operators in the region. “Combining convenience, security, and compliance, OKTO PVR bridges the gap between online gaming excitement and the tangible touch of cash transactions. With meticulous attention to market dynamics, OKTO has crafted a customized wallet solution that not only enhances convenience and security but also guarantees full compliance with existing and forthcoming Italian regulatory standards,” the company stated.
The “phygital” payment solution is easily accessible via integration with Exalogic, “empowering players to effortlessly top up their i-gaming accounts with cash at retail locations equipped with recharge points,” OKTO said.
“Both OKTO and Eventogioco share a strong commitment to compliance, recognizing the pivotal role of compliant services in the continued success and expansion of the gaming industry amidst evolving regulatory landscapes. By simplifying adherence to new Italian regulations, this partnership equips iGaming operators with the necessary tools to thrive in a dynamic environment,” the business explained.
Dante Micucci, Country Manager Italy of OKTO, commented: “We are glad to collaborate with Eventogioco to expand OKTO PVR in the Italian gaming market. Our objective is to empower gaming operators with the necessary tools to succeed in an ever-evolving regulatory landscape. Italy is on the verge of a transformative regulatory shift, and the time to act is now.”
“With years of strategic foresight and meticulous planning, we stand as operators’ seasoned partners, offering innovative and compliant payment solutions tailored for Italy’s transition. OKTO PVR and OKTO CASH provide the means for our partners to drive success,” he stated.
For her part, Patrizia Sauli of Eventogioco added: “Incorporating OKTO PVR into our offering was a seamless and efficient process. OKTO’s phygital payment solution seamlessly integrates with Exalogic, enabling our players to easily top up their i-gaming accounts with cash at retail locations equipped with recharge points.”
“The product blends the excitement of online gaming with cash transactions. This ensures convenient access to funds and uninterrupted gaming experiences for our players while we remain ahead of the regulatory shift in the region,” she concluded.
