Okto payments greenlit to be used in Madrid
Okto has recently been authorized to distribute its services to retail gambling businesses in Madrid.
Through the authorization, Okto will be able to deliver its cashless payment systems, which offer an enhanced digitalized payment experience, to local retail wagering establishments in the Spanish city.
The distribution of Okto’s offerings will be carried out through a collaboration with Jackpot Systems and will enable operators to offer digital payments in their land-based gambling and betting properties, making the player experience simpler, more effortless, and more secure.
Okto’s Manager of Spanish Operations and Commercial Director, Nacho Frade, commented:
“Introducing our digital payment offering to the gambling sector in Madrid marks a prominent achievement for Okto, and in our view, has demonstrated the permanence of digital payments in retail gambling and sports wagering. Our team is excited to collaborate with local operator partners in providing digital payment options to players that are secure, user-friendly, and effortless to use.”
This announcement is a major step for the gambling-focused payments provider, as it opens the door for other worldwide markets to approve Okto’s solutions.