Simon Dorsen, OKTO’s CCO, stated: “This is another major success for OKTO and represents a ringing endorsement of both the performance and integrity which underpin the OKTO payment platform and its unlimited capabilities."
"Light & Wonder is a hugely respected innovator and a leading player in the industry, and we are excited about our new partnership that empowers operators to introduce cashless payments on the Light & Wonder gaming machines across the different gaming and betting sectors,” he added.
Dorsen also said that “another important feature and a talking point in every customer meeting and conversation is the contribution OKTO makes to responsible gambling. OKTO payment platform is fully equipped with a safer gambling toolkit as well as a powerful RegTech API that manages all KYC, AML, and fraud queries, providing all the features that enable operators to remain compliant and uphold the highest standards of social responsibility.”
Wayne Ellard, VP Product Management at Light and Wonder, added: “At Light & Wonder we are constantly looking at how we innovate and deliver added value for our customers and their players. We are delighted to partner with OKTO, integrating with their platform to enable our customers to take advantage of their cashless payment solution. We particularly support the focus on player protection, which builds upon our industry leading tools that are already available to our UK customers. We look forward to enabling this innovative cashless capability for our UK customers by the end of this year.”
OKTO powers mobile-first, embedded responsible payments, deeply integrating into legacy entertainment technologies, and enabling digital payments across consumer experiences. Our mission is to become a leading fintech provider, digitalising traditional payment methods in the global entertainment, leisure, and gaming industries.
OKTO envisions safe, secure, and real-time money transactions by millions of merchants and individuals across multiple countries and cultures. Whether it’s mobile retail payments or e-commerce payment solutions, we aim to make payments for merchants and users effortless, faster, easier and responsible.
The company is backed by partnerships with leading banks, card acquiring and financial service providers to bring best of breed solutions to our clientele, upholding the strictest of security standards, amongst which a PCI DSS Level 4 Certification, as well as approvals by Mastercard® and various Central Banks and regulatory bodies.
The OKTO brand is expanding internationally, securing high profile agreements, and delivering payments solutions to omni-channel gambling, leisure, and entertainment industries in counties including Brazil, Cyprus, Germany, Greece, Italy, the Netherlands, Romania, Spain, and the UK, for leading brands in each market.
More information about OKTO at http://oktopay.eu
Source: GMB
