Okto has partnered with Slovenia-based casino CMS provider Ensico to enable instant, cashless, mobile payments on gaming machines in casino properties across Europe.
As the Okto.Wallet platform is directly integrated with the Ensico CMS, players with the Okto app can add funds directly from their IOS or Android mobile, as well as get winnings back in real-time without the use of any other money-in or cash-out system.
Through this partnership, Okto said it will enhance the player experience and boost retention rates, allowing real-time, instant transfers between gaming machines and the Okto app in a simple, secure and convenient way.
It added that casinos and gaming halls operators using the Ensico CMS will get an “entirely software-driven solution” with no extra hardware integrations, meaning fast-time to market with broader payment options for their members. The solution is based on QR Code payment technology, making it accessible by all smartphones without any limitations.
Simon Dorsen, director of gaming at Okto, commented: “To stay competitive in today’s new normal, merchants should be able to cater to different needs and demands as well as to different demographics that are growing even more diverse. European countries are seamlessly adopting digital payment at a great pace, and with the pandemic, we’re likely to see a faster decline in cash payments.
“Our partnership with Ensico is well-timed, as retail gaming operations are now competing in an increasingly digital world, and it is essential for them to have a digital payment strategy to increase store foot traffic and level-up customer experience.
“Gaming operators need to consider how they will adapt their operations for the new reality, and this includes the necessity to offer players cashless payment options now more than ever. We are excited to meet that demand for Enscio CMS customers with the Okto.Wallet.”
Mario Slapnik, chief technology officer at Ensico CMS, added: “Cashless systems have increasingly become the new norm, simply since society demands it. This shift should not be underestimated, as cashless transactions become the norm and rapidly impact niche industries like casino and gaming.
“Security, trust and the need for speed should be at the forefront of the experience, therefore, a secure, reliable, and robust payments infrastructure needs to be in place, and we found all at Okto, meeting our casino partners’ demand.”
Designed to meet all the niche demands of land-based gaming operators and users, the Okto.Wallet allows players to move funds instantly across the entire payment ecosystem via the open and interconnected mobile app that can be used in all touchpoints of gaming venues and beyond through the Okto Prepaid Mastercard linked to the Okto app.