Key points:
- Okto.Cash launches with Interwetten for cash-to-digital payments in Germany
- Customers can convert cash into digital funds through over 14,000 retail locations
- The service is expected to expand to other European markets
Okto has partnered with Interwetten to introduce its cash-to-digital payment solution, Okto.Cash, in Germany.
The service allows users to fund their iGaming accounts using cash, which can be deposited at over 14,000 retail locations, including chains such as Avia, Esso, Lotto, OMV, Q1, Shell, Tamoil and Westfalen.
The Okto.Cash solution offers an additional payment option for Interwetten customers, enabling them to convert cash into digital funds securely and conveniently.
This move aligns with ongoing trends in the German iGaming market, where cash remains a preferred method for many users.
René Hartl, Interwetten’s Head of Payment Operations, said: “With Okto.Cash, our players can easily deposit cash into their Interwetten accounts from familiar locations, giving them unprecedented convenience and flexibility."
Good to know: Following its launch in Germany, the Okto.Cash solution is expected to roll out to other European markets, with expansion plans already in progress.
Okto’s Head of Germany, Mikhail Ovsepyan, added: “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.
Earlier in 2024, Okto partnered with Sazka to launch Okto.Cash in Czechia, allowing customers to top up their accounts at over 6,700 points of sale.
Okto has also collaborated with Bet-at-home to strengthen its presence in the German market.
