Interwetten Rolls Out OKTO.CASH, Bringing Instant Cash-to-Digital Payments to Its Users
Berlin, Germany (October 21, 2024) — OKTO has launched its innovative cash-to-digital payment solution, OKTO.CASH, with Interwetten, a prominent operator in the German iGaming market. This strategic collaboration represents a key milestone for OKTO, expanding its presence in Germany and solidifying its role as a leader in cash-to-digital solutions for iGaming enthusiasts in Europe and beyond. Following the Germany launch, further rollouts are planned across Europe.
With OKTO.CASH, Interwetten customers can now easily and securely fund their iGaming accounts using cash. Leveraging OKTO’s extensive and continuously growing network of over 14,000 retail locations across Germany—including well-known chains like Avia, Esso, Lotto, OMV, Q1, Shell, Tamoil and Westfalen —users can swiftly convert physical cash into digital funds. This seamless solution provides a fast, secure, and convenient top-up option, perfectly tailored to meet the preferences of the German market.
Commenting on the partnership, Rene´Hartl, Head of Payment Operations at Interwetten, said: “Our collaboration with OKTO highlights our commitment to providing innovative, user-friendly payment solutions. With OKTO.CASH, our players can easily deposit cash into their Interwetten accounts from familiar locations, giving them unprecedented convenience and flexibility.”
Mikhail Ovsepyan, Head of Germany at OKTO, added: “We’re glad to partner with Interwetten for the launch of OKTO.CASH in Germany. This partnership underscores our dedication to expanding across the region and beyond, while delivering cutting-edge payment solutions that meet the needs of iGaming fans. Our goal is to transform the gaming payment experience with unmatched convenience and security.”
This strategic partnership between OKTO and Interwetten begins in Germany, with plans to roll out the OKTO.CASH solution across multiple regions in Europe.
About Interwetten
Interwetten is one of the leading international sports betting providers in German-speaking countries and offers fans exciting online entertainment with sports betting for more than 70 sports at www.interwetten.com as well as the Interwetten app, available for all common devices. Interwetten invests heavily in the continuous development of technologies that improve the betting experience and make sports betting safer, while placing the highest value on player protection. Interwetten has been licensed by the Malta Gaming Authority (MGA) since 2005 and in Germany since 2020. Interwetten has also successfully passed licensing procedures in Greece, Spain, Ireland and Sweden.
In the area of player and consumer protection, Interwetten has always been committed to the highest standards on all domains.
For more information about Interwetten’s various products and licensed brands, please visit: www.interwetten.com or www.interwetten.de for Germany.
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.
Tags: OKTO, cash-to-digital payment solution, Interwetten
