Payment solutions provider Okto has announced a new partnership for its payment service, Okto.Cash, with German-based iGaming operator Bet-at-home.
In a newly brokered partnership that has seen the addition of a new iGaming partner to Okto’s portfolio, the payments company has also sought to solidify its market presence within the German region. As part of the agreement, Bet-at-home will now aim to utilise the 14,000 points of sale currently operated by Okto in the nation – across recognisable brands such as Shell, Esso and Deutsche Post.
Commenting on the collaboration, Richard Greslehner, Head of Product at Bet-at-home.com, 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."
Okto initially gained GGL approval for its entry into the German market in April of 2023. The company has since undergone a busy period, acquiring Flexia Payments in October of last year and more recently expanding via Okto.Cash into the Indian market in June.
Speaking on this latest development, Mikhail Ovsepyan, Head of Germany at Okto, said: "We are thrilled to partner with bet-at-Home for the launch of Okto.Cash in Germany.
"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 revolutionising the gaming payment experience and providing unparalleled convenience and security to users."
