Relevant digital payment method OKTO announced that its innovative cash-to-digital payment solution, OKTO.PVR, has successfully obtained official certification from iTech Labs, a renowned independent testing laboratory. The OKTO.PVR wallet solution, has been specifically tailored for the Italian Top-up Sales Points (PVR) market and is fully compliant with the latest PVR decree and published regulations.
The certification process involved comprehensive functional testing and a meticulous source code review to ensure full compliance with the stringent standards set forth by the Agenzia delle Dogane e dei Monopoli (ADM), the primary regulatory body for gaming in Italy. OKTO.PVR met all relevant security, player protection, and data registration requirements as per ADM standards ver 2.1. With this certification, the OKTO.PVR wallet solution is now market-ready and set to enhance the digital payment experience for users in the Italian PVR market.
The scope of the certification covers both deposit and withdrawal functionalities for online gaming websites and cash transactions within the retail network. Testing was conducted across multiple platforms to ensure compatibility with a wide range of devices, offering a seamless user experience.
OKTO.PVR addresses the demands of users who prefer offline transactions while enjoying online experiences. By bridging the gap between digital excitement and tangible cash transactions, OKTO.PVR offers a seamless fusion of modern gameplay and traditional financial interactions, aligned with regulatory standards.
With strategic foresight and meticulous planning, OKTO confirms its role as a seasoned ally for Italian operators, offering cutting-edge and compliant payment solutions tailored for Italy’s transition with OKTO.PVR. Moreover, OKTO’s commitment to innovation, compliance, and customer-centricity positions the company as the premier partner for navigating Italy’s evolving payment landscape and regulatory transitions.
Dante Micucci, Country Manager for Italy at OKTO, stated: “Achieving certification from iTech Labs is a significant milestone. This certification not only highlights our commitment to compliance and security, but also reinforces our dedication to providing innovative payment solutions that cater to the unique needs of the Italian gaming market. OKTO.PVR is designed to offer convenience, security, and compliance, making it the ideal solution for both players and operators in Italy.”