Paytech solutions provider OKTO has announced the launch of digital wallet solution OKTO.WALLET for Replatz's players in Italy.
By integrating OKTO.WALLET, Replatz enhances its payment options, allowing users a new secure way to deposit and withdraw funds in cash from their online accounts. With robust security features and seamless integration, the solution enables Replatz customers to deposit and withdraw cash and manage their funds effortlessly, with the added benefit of the OKTO Visa Card for easy access to their funds, OKTO announced.
"Partnering with OKTO is a strategic move to improve our payment ecosystem and meet the evolving expectations of our players," said Marco Platzgummer, CEO of Replatz. "OKTO.WALLET enhances user experience by providing a flexible, easy-to-use method for deposits and withdrawals with cash and beyond."
Dante Micucci, Country Manager Italy at OKTO, commented: "This collaboration with Replatz exemplifies OKTO’s dedication to delivering secure and compliant payment solutions that elevate the user experience. We are glad to support Replatz in enhancing payment convenience and accessibility."
The collaboration between Replatz and OKTO introduces "a secure and forward-thinking digital payment solution, setting a new standard for player experience in Italy," according to the parties
In other recent developments, OKTO this month announced the acquisition of Aplauz CH GmbH, the Swiss subsidiary of Aplauz Financial Services. The strategic acquisition seeks to strengthen OKTO's presence in the market, enabling the company to expand its customer base and introduce new payment services while maintaining and enhancing the existing infrastructure of Aplauz CH GmbH in the region.
Under OKTO's ownership, Aplauz CH GmbH will continue to deliver its Aplauz prepaid payment service through online merchants and retail distribution partners, now rebranded as OKTO.VOUCHER.