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MARKETS EUROPE

Europe: OKTO.CASH expands in Spain, Germany, Croatia and Greece

The company is escalating its real-time cash-to-digital payment service into more countries in that region, marking a milestone in its mission to revolutionize payment experiences for both merchants and users. As a result of this expansion, e-merchants now have the capability to offer instant eVoucher payments in 12 countries at hundreds of thousands of locations with a single integration.
November 9, 2023
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With the addition of new European jurisdictions to its network, OKTO continues to solidify its position as a pioneer in the field of cash-to-digital solutions for e-commerce globally.

Significant digital payment method OKTO is growing throughout Europe. Its OKTO.CASH solution is now accessible via an extensive network of over 40,000 points of sale in Spain, Germany, and Croatia, with plans to extend to more than 90,000 points in these regions during the year. Alongside, OKTO has developed further in Greece by tripling its network, surpassing 15,000 points. The expansion offers users convenient access to complete their cash-based transactions across renowned brands in various verticals, including kiosks, petrol and gas stations, supermarkets, and lottery outlets, among others.

This increase underscores OKTO’s commitment to delivering a superior payment experience at every transaction and empowers global and local online merchants to enhance their service offerings and enter new markets effortlessly.

With the addition of more European countries to its network, OKTO continues to solidify its position as a pioneer in the field of cash-to-digital solutions for e-commerce globally. The company remains dedicated to enhancing the payment experience for all parties involved and looks forward to further enlarging its reach in the future.

Bjoern Katerbau, Chief Distribution Officer, OKTO, underscored the strategic synergy of this expansion with the company’s mission and goals by saying: “We want to forge seamless connections between countless consumers and numerous online merchants across a multitude of physical locations, offering cutting-edge phygital payment experiences. This expansion is a pivotal stride toward realizing this vision. These contracts signify a major milestone in our strategic roadmap, and we encourage the industry to keep an eye out for upcoming announcements as OKTO.CASH rolls out in numerous new regions in Europe and beyond.”

Bjoern Katerbau business cash cash-to-digital commitment Croatia e-commerce Europe expansión experience Germany Greece land-based gaming markets merchants netwotk OKTO OKTO.CASH online gaming operators payment method players points products provider solutions Spain technology transactions
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