Okto, a digital payment solutions provider, has announced a significant new partnership with Sazka, a prominent lottery and gaming operator in Czechia. This collaboration will allow Okto to introduce its innovative cash-to-digital payment service, Okto.Cash, across the extensive Sazka network. With over 6,700 points of sale now supporting this service, Okto is set to enhance the convenience and accessibility of digital payments in the Czech gaming market.
Expanding Digital Payment Solutions in Czechia
The partnership between Okto and Sazka marks a major step forward in Okto’s European expansion strategy. Okto.Cash, a service that enables customers to top up their online gaming accounts with cash, will now be available across Sazka’s wide-reaching network. This eliminates the need for third-party intermediaries and simplifies the process for users. Vasilis Contoguris, Okto’s Senior International Expansion Manager for the cash-to-digital function, highlighted the significance of this deal for both companies.
“This partnership with Sazka marks a transformative moment for Okto in the region. By enabling consumers to seamlessly top up their iGaming accounts with cash in real-time via an embedded payment solution, we’re delivering on our promise of an exceptional customer experience. This aligns perfectly with our mission and underscores our commitment to innovation and convenience,” said Contoguris.
Okto’s Broader European Footprint
Okto.Cash is not new to the European market. The service has already been launched in several countries, including Romania, Greece, Cyprus, Italy, Serbia, and Spain. This expansion reflects Okto’s strategic efforts to strengthen its presence across Europe, making digital payment solutions more accessible to consumers. The most recent addition to its portfolio was in Germany, where Okto partnered with Bet-at-home to extend its services.
Advantages for Sazka and Its Customers
For Sazka, the partnership with Okto is an opportunity to enhance its offerings and provide customers with greater flexibility and security in managing their gaming accounts. Pavel Vápenka, Sazka’s Sales Director, expressed enthusiasm about the new integration.
“We are pleased to join hands with Okto to offer our customers a convenient and secure cash top-up solution. This partnership and integration underscore our dedication to enhancing the customer experience by providing easy access to essential services. With Okto’s service integrated into our network, we’re confident that gamers and online operators alike will appreciate the added convenience,” said Vápenka.
Future Plans for Expansion
The agreement between Okto and Sazka is not static. There are plans to further expand the number of locations offering Okto.Cash throughout the year, providing even greater accessibility for Czech customers. This ongoing expansion indicates a strong commitment from both companies to continually improve and innovate in the digital payment space.
The partnership between Okto and Sazka represents a significant development in the digital payment landscape in Czechia. By integrating Okto.Cash across thousands of points of sale, the companies are set to revolutionize the way customers manage their gaming finances. This deal also highlights Okto’s continued growth and its dedication to providing seamless, secure, and convenient payment solutions across Europe.
With both companies expressing optimism and excitement about the future, this partnership is poised to bring substantial benefits to customers, enhancing their gaming experience with efficient and straightforward payment options. As Okto and Sazka continue to expand their services and reach, the future looks bright for digital payments in the region.