OKTO’s PVR wallet gains official certification from iTech Labs

OKTO has announced that its cash-to-digital payment solution, OKTO.PVR, has received official certification from iTech Labs, an independent testing laboratory. Tailored specifically for the Italian Top-up Sales Points (PVR) market, the OKTO.PVR wallet is now fully compliant with the latest PVR decree and regulations.

The certification process involved comprehensive functional testing and a meticulous source code review to ensure adherence to the stringent standards set by the Agenzia delle Dogane e dei Monopoli (ADM), Italy's primary regulatory body for gaming.

OKTO.PVR met all security, player protection, and data registration requirements in accordance with ADM standards version 2.1. With this certification, the OKTO.PVR wallet solution is now market-ready and "set to enhance the digital payment experience for users in the Italian PVR market."

The certification covers both deposit and withdrawal functionalities for online gaming websites and cash transactions within the retail network. Testing was conducted across multiple platforms to ensure compatibility with a wide range of devices, promising a seamless user experience.

OKTO.PVR caters to users who prefer offline transactions while engaging in online activities. By bridging the gap between digital excitement and tangible cash transactions, OKTO.PVR offers "a seamless integration of modern gameplay and traditional financial interactions, compliant with regulatory standards."

Dante Micucci, Country Manager Italy at OKTO, said: "Achieving certification from iTech Labs is a significant milestone. This certification not only highlights our commitment to compliance and security but also reinforces our dedication to providing innovative payment solutions that cater to the unique needs of the Italian gaming market. OKTO.PVR is designed to offer convenience, security, and compliance, making it the ideal solution for both players and operators in Italy."

OKTO, in a statement, said that the company offers cutting-edge and compliant payment solutions tailored for Italy's evolving payment landscape, cementing its role as the trusted partner for Italian operators in navigating the regulatory transitions.