The OKTO.WALLET integration with the Ensico Casino Management System enables mobile cashless payments on Gaming Machines
OKTO, a leading fintech company powering digital payments and user engagement applications, has entered into a partnership with Ensico, the Slovenia-based casino management system (CMS) provider, to enable instant, cashless, mobile payments for players on gaming machines with the OKTO app in casino properties across Europe.
The powerful universal open-loop mobile payment app, tailored for the gaming industry, enables users to pay and play fast and easy directly on gaming machines connected to the Ensico CMS. Under this partnership, OKTO and Ensico aims to reduce payment friction, 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.
As the OKTO.WALLET platform is directly integrated with the Ensico CMS, players can add funds directly from their IOS or Android mobile via the OKTO app to gaming machines, as well as get the winnings back to their OKTO.WALLET in real-time, without the use of any other Money-in or Cash-out system.
Casinos and gaming halls operators using the Ensico CMS can take advantage of a complete mobile-first, cashless, entirely software-driven solution, with no need for any hardware integrations and components, securing fast-time to market and enabling broader payment options for their members. Alongside, the solution is based on QR Code payment technology, making it accessible by all smartphones without any limitations.
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. Alongside, OKTO provide users with a powerful and secure app that allows them to monitor and manage their financials anywhere, anytime and in real-time, while also is backed by all robust tools in line with the social responsibility to protect the player and the operator, following a secure KYC process, applying the relevant transaction limits and age verification rules.
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.”