OKTO’s latest Italy product launch backed by Replatz

credit: Mehaniq/Shutterstock
credit: Mehaniq/Shutterstock

Italian casino operator Replatz has facilitated the launch of OKTO’s advanced digital wallet solution OKTO.WALLET in the country. 

OKTO.WALLET, now available for Replatz users in Italy, is a digital payment method that can be integrated as an option for withdrawals and deposits. OKTO.WALLET also serves as an additional payment method to add user payment flexibility whilst gaming online. 

The partnership further reflects OKTO’s ambitions to innovate digital payment solutions tailored to the needs of Italian players. By using OKTO.WALLET, Replatz can also leverage  the OKTO Visa Card for easier access to their funds. 

Dante Micucci, Country Manager Italy at OKTO, said: “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.”

OKTO partnered with Microgame recently for its foray into Italian gaming by enabling OKTO.WALLET for the latter firm’s customer base, focusing primarily on the Punto Vendita Ricariche (PVR) market. 

Italy serves as the latest European country OKTO has integrated its gaming payment solutions after launching in Germany and the Czech Republic this year. 

Global expansion has been a key focus for the digital payments company in 2024. In September, Galina Bineva, Commercial Director of OKTO, spoke to Payment Expert on OKTO’s ambitions in Latin America where one of the region’s major countries, Brazil, is set to open its doors with a new regulated sports betting market in January 2025. 

Speaking on OKTO’s approach to the Brazil market, Bineva revealed: “Brazil’s regulatory transition is a pivotal moment, and our 360-degree approach in the region ensures that our merchant partners are well-prepared for the challenges ahead.

“One of our key offerings in Brazil is our solution for transitioning balances from the pre- to post-regulation environment. This smooth transition is vital for operational continuity, financial planning, and maintaining an optimal user experience.”