OKTO partners with Exalogic to launch payment products OKTO.PVR and OKTO.CASH in Italy

Payments solutions company OKTO has announced an alliance with online gaming platform provider Exalogic. The partnership aims to "reshape" the PVR (Punto Vendita Ricariche) sector in Italy by introducing OKTO's set of compliant payment options to Exalogic customers: the new OKTO.PVR service and the well-established OKTO.CASH, an eVoucher payment solution. 

OKTO calls OKTO.PVR an integral addition to the OKTO.WALLET lineup, tailored for the Italian PVR market. The company says that the bespoke wallet solution is backed by in-depth market insights that "seamlessly cater to players and operators in the region."

“Elevating convenience, security, and compliance, OKTO.PVR bridges the gap between online gaming excitement and the tangible touch of cash transactions,” says the company. “It is the ideal fusion of contemporary gameplay and timeless financial interactions, aligned seamlessly with current and forthcoming regulatory standards."

In addition, new partner Exalogic will seamlessly integrate the OKTO.CASH service, an established eVoucher solution, into its platform.

Through this fusion, OKTO promises to "open up a realm of payment possibilities for operators leveraging Exalogic’s prowess and enriching their array of payment services." By joining forces, OKTO and Exalogic aim to empower players to effortlessly load their gaming accounts with cash at numerous top-up points within retail locations across the region, the parties said.

Additionally, this partnership allows PVR operators to expand their cash-to-digital service network. As per OKTO, the harmony of digital and physical realms ensures "a fluid and immersive gaming journey, ensuring uninterrupted excitement."

Several prominent online gaming operators that are using the Exalogic platform are now poised to unveil the services, "reinforcing their commitment to providing players with the most advanced, secure, and expedient payment solutions available."

Dante Micucci, Italy’s Country Manager of OKTO, said: "Our partnership with Exalogic signifies a revolution in the gaming landscape. Our payment solutions are a testament to our dedication to innovation and player-centric solutions, seamlessly blending online and offline dynamics. As the importance of payment compliance grows, being prepared becomes a critical factor to stay and grow in the market.”

Domenico Maggi, CEO of Exalogic said: “OKTO is here to help gaming operators navigate the new Italian regulations. We are confident the collaboration will bring unparalleled convenience and enhanced experiences to gaming operators and players alike.”

He added: “Our collaboration with OKTO, incorporating OKTO.CASH and OKTO PVR, underscores our commitment to shaping the future of gaming. This powerful blend enables online gaming operators to surge ahead in a rapidly evolving market. We anticipate this partnership will usher in a new era of convenience and enriched experiences for both operators and players in the vibrant Italian gaming community."