OKTO partners with bet-at-home to launch its cash-to-digital platform OKTO.CASH in Germany 

Payment solutions provider OKTO has announced the launch of its cash-to-digital payment solution OKTO.CASH with German iGaming operator bet-at-home. OKTO called the collaboration "a significant milestone for the company, expanding its footprint in Germany and further solidifying its reputation as an innovator in cash-to-digital solutions for iGaming enthusiasts."

The company noted that OKTO.CASH offers bet-at-home users a hassle-free way to consume iGaming services with cash in real-time.

"Leveraging OKTO's always-growing network of over 14,000 points of sale across Germany, including well-known brands such as Aral, Deutsche Post, Esso, Kiosk, Lotto, Shell, and many others, users can effortlessly convert physical cash into digital currency," the company explained. "This streamlined process provides a secure, fast, and easy-to-use top-up method that caters to the preferences of the market."

Richard Greslehner, Head of Product at bet-at-home, 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 favorite everyday stores." 

"We are thrilled to partner with bet-at-home for the launch of OKTO.CASH in Germany," said Mikhail Ovsepyan, Head of Germany at OKTO. "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 revolutionizing the gaming payment experience and providing unparalleled convenience and security to users." 

OKTO's expansion in the German region follows the approval of both OKTO.WALLET and OKTO.CASH by the German Gaming License Authority (GGL) last year. 

Embedded into the merchant's app or website, OKTO.CASH provides users with a direct method to upload cash online, eliminating the need for third-party apps. Users can select OKTO.CASH as their payment method, choose the deposit amount and select the nearest location from over 14,000 points to top up their accounts in real time.

As part of its expansion roadmap, OKTO recently announced a collaboration with CyberTeam Solutions, a Romanian company specializing in integrated solutions for the gambling and casino industry. The partnership aims to expand digital payment options across CyberTeam's connected venues, facilitating instant deposits and withdrawals through OKTO's payment services.