As Italy’s gaming industry undergoes transformative regulatory changes, OKTO emerges as a vanguard, leading the charge with innovative payment solutions. With a strategic focus on compliance and convenience, OKTO is poised to redefine the gaming payment landscape, ensuring seamless transitions between digital and physical realms. Dante Micucci in an interview with Gioconews shares his insights.
How is OKTO progressing in Italy amidst significant regulatory changes, and what are your expectations regarding the regulatory changes in the Italian gaming market?
OKTO has made significant strides in Italy, particularly within the gaming and entertainment sector, establishing itself as the leading payment operator in the region. As we look ahead to 2024, our goals are centered on further expanding our market reach and fortifying our role as the preferred payment solution provider for gaming operators. Key to achieving these objectives are initiatives such as strengthening partnerships, enhancing our product portfolio, and attuning our strategies to the unique intricacies of the local market.
Navigating the ever-evolving regulatory landscape in Italy has been both challenging and rewarding. Our unwavering commitment to understanding and adhering to regulations has not only fueled our growth but has also sparked innovation opportunities. Despite the regulatory hurdles, we remain optimistic about our future prospects, particularly amidst the dawn of a new era in online gaming. We are poised for this transition, armed with advanced paytech and bespoke services tailored specifically for the Italian market. With compliant, secure, and user-friendly payment solutions in our arsenal, we are well-prepared to seize the opportunities that lie ahead.
So what will be the next steps and the strategies you have developed based on your product offering? What distinguishes OKTO from other payment providers, especially in terms of omnichannel solutions?
Italy stands on the brink of a transformative regulatory shift, and OKTO is ready to lead the charge. With years of strategic foresight and meticulous planning, we emerge as seasoned allies for Italian operators, offering cutting-edge and compliant payment solutions tailored for Italy’s transition with OKTO PVR and OKTO CASH. Our OKTO.PVR service addresses the demands of players who prefer offline transactions while enjoying online gaming 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. OKTO.CASH, on the other hand, revolutionizes the industry by enabling real-time cash-to-digital deposits, supporting a growing network of physical sales points. This product caters to users who prefer cash transactions but seek the benefits of online gaming, ensuring instant and secure deposits through an extensive network of physical points. With these innovative solutions, OKTO is poised to redefine the payment landscape in Italy, offering unparalleled convenience, security, and compliance.
Are there any new developments specifically for the Italian market that you plan to introduce in the coming months?
Looking ahead, OKTO has exciting new developments specifically tailored for the Italian market in the pipeline. These initiatives include further enhancements to our phygital payment solutions, catering to the preferences of Italian players by seamlessly integrating offline and online channels. We also plan to introduce new features aimed at streamlining the payment process and enhancing the overall user experience. Collaborating closely with local stakeholders, we are committed to addressing market needs and delivering innovative solutions that align with the evolving dynamics of the Italian gaming landscape. Our goal remains steadfast: to provide Italian operators and players with cutting-edge payment solutions that set the standard for excellence in the industry.
As time goes by, the topic of security is of increasing interest to users. How important is it to you, and what strategies have you applied?
At OKTO, security is not just a priority; it’s a fundamental cornerstone of our operations. We understand that as the gaming landscape evolves, so do the concerns surrounding security. That’s why we’ve implemented robust measures to ensure the utmost protection of user data and transactions. From employing advanced encryption technologies to conducting regular security audits and compliance checks, we leave no stone unturned in safeguarding the trust and confidence of our users. Our commitment to security is unwavering, and we continuously invest in innovative measures to uphold the highest standards of security and compliance in the Italian market and beyond.
