OKTO is extending its real-time cash payment conversion service into closed-loop digital payments by launching OKTO.CASH in the Indian market.
The company hailed this move as a “significant milestone” in its global payment service ambitions.
With the introduction of OKTO.CASH, businesses in India can now offer cash-to-digital payments at hundreds of thousands of locations nationwide, with a special emphasis on smaller cities.
As the economy becomes more digital, the need for reliable and efficient payment solutions grows. OKTO aims to meet this demand and capitalize on the trend.
“This expansion underscores our commitment to delivering an exceptional payment experience for every transaction and in every region where such services are needed. Our goal is to provide online merchants with advanced payment service offerings, aligning with our strategy of being the last mile expert and helping them reach new consumers,” said OKTO’s Chief Distribution Officer, Björn Katerbau.
To ensure a smooth and efficient expansion, OKTO has established a dedicated local team to provide optimal service and support.
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