OKTO.CASH, the cash-to-digital payment method of OKTO, has been granted approval by the German gambling regulator Gemeinsame Glücksspielbehörde der Länder (GGL), becoming an approved payment method for igaming in the country.
This important development allows slot machine sellers in the German market to take advantage of the unique benefits of OKTO.CASH, distinguishing themselves from competitors and offering their customers an unparalleled payment experience.
GGL approved OKTO.CASH following a rigorous evaluation process in which three different operators applied to use this innovative payment method. OKTO.CASH is the preferred option for operators looking to improve their payment services.
OKTO is building a rapidly growing POS network in Germany that will cover more than 40,000 retail outlets, including supermarket chains, kiosks, gas stations and, in some cases, post offices in Germany. The proximity-focused strategy ensures customers have convenient access to OKTO.CASH, opening up new customer acquisition and revenue opportunities not available through traditional payment methods.
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