OKTO and Macao Srl Partner to Enhance Digital Payment Solutions in Italy
OKTO, a frontrunner in digital payment solutions, has recently announced its collaboration with Macao Srl, a key player in the Italian i-gaming industry.
This partnership centers around the integration of OKTO’s innovative cash-to-digital payment solution, OKTO.PVR, with Macao Srl’s operations. The primary objective is to revolutionize digital transactions in the Italian market while adhering to the stringent regulatory standards.
OKTO.PVR: A Step Towards Simplified Regulatory Compliance
Dante Micucci, Country Manager Italy of OKTO, emphasized that this partnership mirrors a mutual commitment to payment compliance. OKTO.PVR is designed to ease the process of complying with the new Italian regulations for iGaming operators. It provides essential tools that are pivotal in navigating the evolving regulatory landscape, thereby empowering gaming operators for success. OKTO’s focus on innovation is evident in OKTO.PVR, a solution that aims to drive success for its partners.
Enhanced Player Experience with OKTO.PVR
Andra Ribotta, chairman of the board of directors of Macao Srl, said: “Incorporating OKTO PVR into our offering was a seamless and efficient process. OKTO’s phygital payment solution seamlessly integrates with Exalogic, enabling Macao Srl players to easily top up their i-gaming accounts with cash at retail locations equipped with recharge points. OKTO.PVR bridges the gap between the digital and physical realms, blending the excitement of online gaming with the tangible world of cash transactions. This ensures convenient access to funds and uninterrupted gaming experiences for our players.”
On top of that, Dante Micucci, Country Manager Italy of OKTO, expressed, “Our partnership with Macao Srl reflects a shared commitment to payment compliance. OKTO.PVR, an innovative solution, simplifies adherence to new Italian regulations for iGaming operators, providing essential tools to thrive in this evolving regulatory environment. Our goal is to empower gaming operators with the necessary resources for success in the ever-changing regulatory landscape. OKTO.PVR embodies our dedication to innovation and delivering solutions that drive success for our partners.”
Tailored for the Italian Market
OKTO.PVR, an addition to the OKTO.WALLET lineup, is specifically designed for the Italian Top-up Sales Points (PVR) market. The solution reflects a deep understanding of market dynamics, resulting in a customized wallet that enhances user convenience and security. Moreover, it ensures full compliance with the existing and upcoming regulatory standards in Italy.
Our Comment on the Article
The collaboration between OKTO and Macao Srl marks a significant advancement in the iGaming payment sector in Italy. By focusing on regulatory compliance and user convenience, OKTO.PVR addresses two of the most critical aspects of digital transactions in the gaming industry.
This partnership not only demonstrates a forward-thinking approach in payment solutions but also sets a precedent for how digital and physical payment systems can be integrated seamlessly. The commitment to adhering to regulatory standards while enhancing the gaming experience for players showcases a balanced approach towards innovation and responsible gaming practices.