Global omnichannel digital payments provider OKTO has become Gold member of the International Gaming Standards Association (IGSA). According to Peter DeRaedt, IGSA President, “the arrival of OKTO signals the beginning of a new era for the association.”
Theo Engelis, Director, Government and Regulatory Affairs, OKTO , commented: “The IGSA’s focus on bringing world-class standards to the payments sector has motivated us to join this fine organization and to pioneer standards to protect the gaming industry, its operators and its regulators.”
“We are very excited to join the newly established Payment Standards Committee and ensure we bring our expertise and leadership to build and evolve standards for the payment and fintech segment of our industry,” Engelis added.
To conclude, Peter DeRaedt stated: “As our industry evolves, so will IGSA to develop and publish standards that our industry needs to advance in a safe and protected environment. We are very excited to welcome OKTO. Their expertise and motivation are exactly what the Payment Standards Committee needs to be successful.”
OKTO powers digital payments for every entertainment, leisure, and gaming environment. The company’s unified payment platform combines secure, real-world transactions with the most powerful payment technology to create immersive payment experiences for both merchants and their users.
Since 2019, OKTO has been improving payment interactions for online and retail gaming and introducing frictionless digital payments with its local knowledge, sector expertise and international capabilities. This includes supporting customers across various regulatory landscapes with an embedded omnichannel approach.
The expanding business now employs over 100 payment experts, gaming insiders and software engineers, serving some of the most exciting international markets including Brazil, Romania, Italy, Greece, Germany, the UK, and Spain.
By enabling responsible real-time transactions, OKTO remove the friction and risk associated with traditional payments and deliver digital transformation opportunities for its customers and millions of consumers around the world.
The International Gaming Standards Association (IGSA) is the largest technical standards development organization dedicated to the creation and evolution of standards and protocols to the betterment of the global gaming industry.
Through the creation and evolution of intellectual property, exclusively available to its distinguished membership in 20 countries, and with the input of regulators, operators and suppliers from over 30 countries, the IGSA ensures its members enjoy a unique strategic advantage.
IGSA is the industry’s most recognized catalyst between the jurisdictional regulatory bodies and the online and land-based operators. This ensures its members a cross sectorial visibility and reach and a facility to access commercialization channels through the IGSA standardized protocols and standards.
Source: GMB
