OKTO.CASH Expands in Germany with Bet-at-Home Go-Live

July 17, 2024 | Vendor News

Berlin, 16 July 2024 — OKTO today announced the launch of its advanced cash-to-di gital payment solution, OKTO.CASH with bet-at-home, a renowned and established operator in the German iGaming market. This collaboration marks a significant milestone for OKTO, expanding its footprint in Germany and further solidifying its reputation as an innovator in cash-to-digital solutions for iGaming enthusiasts.

OKTO.CASH offers bet-at-home users a hassle-free way to consume iGaming services with cash in real-time. Leveraging OKTO’s always growing network of over 14,000 points of sale across Germany, including well-known brands such as Aral, Deutsche Post, Esso, Kiosk, Lotto, Shell, and many others, users can effortlessly convert physical cash into digital currency. This streamlined process provides a secure, fast, and easy-to-use top-up method that caters to the preferences of the market.

Richard Greslehner, Head of Product at bet-at-home.com Internet Ltd commented: “This partnership underscores our dedication to delivering cutting-edge and convenient payment solutions for our customers. With OKTO.CASH, users can now seamlessly deposit their physical cash into their online bet-at-home accounts at their favourite everyday stores.”

“We are thrilled to partner with bet-at-Home for the launch of OKTO.CASH in Germany,” said Mikhail Ovsepyan, Head of Germany at OKTO. “This collaboration underlines our dedication to expanding our presence in the German market and delivering cutting-edge payment solutions that meet the needs of iGaming enthusiasts. We look forward to revolutionizing the gaming payment experience and providing unparalleled convenience and security to users.”

OKTO’s expansion in the German region follows the approval of both OKTO.WALLET and OKTO.CASH by the German Gaming License Authority (GGL) last year. Embedded into the merchant’s app or website, OKTO.CASH provides users with the fastest and most direct method to upload cash online, eliminating the need for third-party apps. Users can select OKTO.CASH as their payment method, choose the deposit amount, and select the nearest location from over 14,000 points to top up their accounts safely and in real-time.

About bet-at-home

The bet-at-home.com AG Group operates in the online sports betting and online gaming sector. With about 5 million registered customers, the stock listed company is one of the most popular gambling providers in German-speaking countries with subsidiaries in Germany, Austria, Malta and Gibraltar. Since 2009, bet-at-home.com AG has been part of the Betclic Everest SAS Group, a leading French group in the field of online sports betting and online gaming. bet-at-home is ISO/IEC 27001:2013 certified for all Group companies in Germany, Austria and Malta.

About OKTO

Digital Payments for the Real World

OKTO drives digital payments for online and retail businesses worldwide. Our unified payment platform securely processes transactions in the digital and real-world realms, crafting immersive payment experiences for merchants and consumers alike.

With a team of 200+ payment experts and technologists, we orchestrate digital payments across the Americas, Europe, and Asia through a blend of local expertise, sector knowledge, and international capabilities. Our embedded omnichannel approach supports customers across diverse regulatory landscapes, ensuring low friction and high protection.

With over €6 billion in processed volume by over 25 million consumers worldwide, we continuously drive digital transformation in payments.

Find out more about OKTO: www.oktopayments.com

SOURCE: OKTO.