OKTO expands product reach in Germany via bet-at-home

OKTO, a globally recognized payment solutions provider, continues to expand its presence in Europe.

bet-at-home joins forces with OKTO

Earlier this week, the company revealed it joined forces with the leading operator for the German online gambling market, bet-at-home.

Under the terms of the new collaboration, OKTO agreed to deliver its OKTO.CASH cash-to-digital payment solution for the renowned German iGaming operator.

The deal represents a major achievement for OKTO as it propels its expansion in Germany and on the Old Continent.

At the same time, the partnership with bet-at-home reaffirms the company's capabilities to deliver innovative cash-to-digital solutions for customers of iGaming operators.

Leveraging OKTO.CASH, bet-at-home customers will benefit from a hassle-free way to tap into iGaming services with cash in real time.

Thanks to the innovative payment solution, customers can convert cash into digital currency and engage in online gambling activities.

The conversion can be completed at one of OKTO's growing network of more than 14,000 points of sale in Germany, including in famous stores and businesses such as Shell, Kiosk, Esso and Deutsche Post, among others.

Ultimately, the solution provides a reliable, secure, fast and easy method for the users to top-up their funds.

OKTO continues German expansion

Mikhail Ovsepyan, OKTO's Head of Germany, shared his excitement about the collaboration with bet-at-home in a statement.

He said that it is thrilling to join forces with such a trusted and recognizable operator in the European country.

Moreover, Ovsepyan pointed out: "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."

Finally, the exec said: "We look forward to revolutionizing the gaming payment experience and providing unparalleled convenience and security to users."

The new deal with bet-at-home comes after OKTO secured approval for its products by the German Gaming License Authority (GGL).

The licenses for the company's OKTO.CASH and OKTO.WALLET solutions were awarded last year, paving the way for its expansion.

The deal complements bet-at-home's growth

Richard Greslehner, the Head of Product at bet-at-home.com Internet Ltd, was also excited about the new deal with OKTO.

"This partnership underscores our dedication to delivering cutting-edge and convenient payment solutions for our customers," he explained.

Last but not least, Greslehner said: "With OKTO.CASH, users can now seamlessly deposit their physical cash into their online bet-at-home accounts at their favorite everyday stores."

Earlier this month, OKTO strengthened its presence in Romania via a partnership with CyberTeam Solutions.

Image credit: OKTO