Macao Win Becomes First in Italy to Introduce Compliant Cash-to-Digital Payments
ROME, Italy (November 6, 2023) — OKTO today has announced its collaboration with Macao Win, a rapidly growing i-gaming operator, to introduce an advanced cash-to-digital payment solution, OKTO.PVR to the Italian market. This partnership signifies a milestone in the Italian gaming industry, as Macao Win takes the lead in providing players with a fully compliant cash-to-digital payment option.
Both brands share a commitment to payment compliance, a critical aspect of the gaming industry’s success and expansion in an increasingly regulated environment. This cutting-edge solution simplifies the complexities of adhering to new Italian regulations, equipping iGaming operators with the tools needed to excel in this dynamic setting.
The phygital payment solution is available via the integration with Exalogic and empowers players to effortlessly top up their i-gaming accounts with cash at retail locations equipped with recharge points. OKTO.PVR seamlessly bridges the gap between the digital and physical realms and connects the divide between the excitement of online gaming and the tangible world of cash transactions, ensuring easy access to funds and uninterrupted gaming experiences.
Part of the OKTO.WALLET lineup, OKTO.PVR is specifically tailored to the Italian Top up Sales Points (PVR) market. With a deep understanding of market dynamics, OKTO has meticulously crafted a customized wallet solution that not only enhances convenience and security but also guarantees full compliance with existing and upcoming Italian regulatory standards.
Dante Micucci, Country Manager Italy of OKTO expressed his thoughts about the partnership, saying, “We are glad to collaborate with Macao Win to introduce OKTO.PVR to the Italian gaming market. Our objective is to empower gaming operators with the necessary tools to succeed in an ever-evolving regulatory landscape. OKTO.PVR demonstrates our commitment to innovation and our dedication to providing solutions that drive success for our partners.”
Cristiano Martini, Managing Director of Macao Win added, “Macao Win takes pride in being the first merchant to offer OKTO.PVR. Our partnership with OKTO reinforces our commitment to delivering cutting-edge solutions to our clients and further solidifies our position as a leader in innovation in the gaming industry.”
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Digital Payments for the Real World
OKTO powers digital payments for every entertainment, leisure, and gaming environment. Our unified payment platform combines secure, real-world transactions with the most powerful payment technology to create immersive payment experiences for both merchants and their users.
Since 2019, OKTO has been improving payment interactions for online and retail gaming and introducing frictionless digital payments with its local knowledge, sector expertise and international capabilities. This includes supporting customers across various regulatory landscapes with an embedded omnichannel approach.
The expanding business now employs over 140 payment experts, gaming insiders and software engineers, serving some of the most exciting international markets including Brazil, Romania, Italy, Greece, Germany, the UK, and Spain.
By enabling responsible real-time transactions, we remove the friction and risk associated with traditional payments and deliver digital transformation opportunities for our customers and millions of consumers around the world.
Find out more about OKTO: www.oktopayments.com
About Macao Win
MacaoWin is a dynamic and innovative reality that has been standing out in the entertainment landscape for years. Our mission is clear: to offer an unbeatable online gaming experience in a safe and certified environment.
The Vision, it is materialized using authorized top up points (PVR), innovating the way online games are distributed and appreciated throughout the national territory. Continuous transformation is in our DNA.
The History, MacaoWin was born from the pioneering spirit of its shareholders, who, in 2018, with the acquisition of the ADM concession number 15405, brought a new lease of life to the remote gaming sector in Italy. Our vision became a reality through the use of authorized charging points (PVR), innovating the way online games are distributed and enjoyed across the national territory. Determined to offer cutting-edge products, attractive promotions, and competitive odds that position MacaoWin at the forefront of the online gaming market.
SOURCE: OKTO.Tags: OKTO, Compliant Cash-to-Digital Payments, MacaoWin