Date: 26.08.2024

by Adam Dworak

Okto Partners with Sazka to Launch Cash-to-Digital Payment Service in Czechia

Okto has signed a partnership agreement with Sazka to introduce its cash-to-digital payment service, Okto.Cash, in Czechia. The service will be rolled out across over 6,700 points of sale in the Sazka network.

Okto Expands into Czechia with Sazka Partnership

Okto, a leading cash-to-digital payment service provider, has entered the Czech market through a partnership with Sazka.

This collaboration will enable Okto to launch its Okto.Cash service, which allows customers to upload funds directly to online gaming apps without the need for intermediaries.

Initially, the service will be available at more than 6,700 points of sale across Sazka’s extensive network, with plans to expand to additional locations throughout the year.

Streamlining Payments for iGaming

The partnership focuses on providing a seamless and real-time payment solution for gamers in Czechia.

Okto.Cash allows customers to top up their online gaming accounts with cash at Sazka locations, making it easier for users to engage in iGaming without relying on third-party platforms.

This move enhances the convenience and accessibility of digital payments, aligning with Okto’s mission to innovate the customer experience.

A Strategic Move for Okto’s Expansion

This latest deal represents a significant step for Okto as it continues its international growth.

Vasilis Contoguris, Senior International Expansion Manager for Okto’s cash-to-digital function, highlighted the importance of the partnership, saying, “This partnership with Sazka marks a transformative moment for Okto in the region. By enabling consumers to seamlessly top up their iGaming accounts with cash in real-time via an embedded payment solution, we’re delivering on our promise of an exceptional customer experience.”

A Commitment to Customer Convenience

For Sazka, the collaboration with Okto reflects its ongoing efforts to enhance service offerings for its customers.

Pavel Vápenka, Sales Director at Sazka, commented, “We are pleased to join hands with Okto to offer our customers a convenient and secure cash top-up solution. This partnership and integration underscore our dedication to enhancing the customer experience by providing easy access to essential services.”

Okto’s Growing Presence in Europe

Okto.Cash has already launched in several European countries, including Romania, Greece, Cyprus, Italy, Serbia, and Spain.

The company has been steadily expanding its reach, with a recent partnership with Germany’s Bet-at-home further extending its operational presence.