Copyright: kentoh / 123RF Stock Photo

Financial technology provider OKTO Group, has partnered with Italian gaming company ARESWAY to supply its technology across its full retail portfolio.

The agreement is set to give a host of Italian operators access to OKTO’s payment solutions for gaming through a seamless integration with ARESWAY’s EOS open platform for VLTs.

As a result, players using ARESWAY VLT machines will now be able to access funds whenever and wherever they want through the utilisation of the OKTO.WALLET mobile payment system.

Simon Dorsen, director of Gaming at OKTO Group said: “ARESWAY’s innovative EOS Open System provides unparalleled penetration in the Italian market, so we are thrilled to bring the company on board as a partner.

“Our cutting-edge technology further enhances ARESWAY’s retail offering, boosting incremental revenue for its operator partners by transforming the player experience”

With over two decades of experience in the Italian gaming industry, ARESWAY develops advanced solutions for the retail betting industry, boasting an engaging in-house gaming suite and innovative open platform for electronic gaming machines.

Fabio Massimo Molinari, CEO at ARESWAY, added: “We are delighted to integrate OKTO’s fast, simple and user-friendly payment system, proven to lengthen session times and attract new customers.

“We pride ourselves on enhancing the player experience for all our operator partners, so integrating OKTO’s world class payment services is a big win for us.”

The retail partnership follows on from the recent OKTO announcement that saw the digital payment and player engagement application specialist strengthen its commercial team with the appointments of Ignacio García del Frade and Dimitar Shopov as country manager Spain and business development manager respectively. 

In their new roles, García del Frade will lead the company’s Spanish operations and help build its client portfolio in the local market, whereas Shopov will take responsibility of securing key partnerships in the gaming, retail and financial industries as well as driving OKTO’s  commercial strategy.

At the time, Dorsen concluded: “The talent we have in our company continues to grow and it is fantastic to see our team expand internationally with individuals that we know will play a major part in OKTO’s journey.

“Ignacio and Dimitar both bring valuable knowledge, skills and expertise to their respective roles and we are positive they will continue to drive our commercial success and business growth.”