Press Releases
OKTO Unveils High-Speed, Advanced, and Error-Free Payment Solutions at SIGMA Americas/BIS
June 12, 2023
OKTO Unveils High-Speed, Advanced, and Error-Free Payment Solutions at SIGMA Americas/BIS

OKTO is set to showcase its high-speed, advanced and error-free payment solutions at the SIGMA Americas in association with the BIS exhibition, taking place from June 14th to 18th in Sao Paulo. Attendees are invited to visit Stand C70 to experience OKTO’s complete suite of innovative payment solutions and witness the future of payments in Brazil.

The exhibition will feature the debut of OKTO’s two groundbreaking payment methods: Pay & Play and Pix Direct. Pay & Play revolutionizes the betting industry by allowing players to instantly access gaming platforms through KYC verification with their first-time deposit. Alongside, Pix Direct builds upon the regular PIX Brazilian method, offering even faster and more efficient open banking payment capabilities with just two clicks.

In addition, OKTO will showcase its comprehensive suite of payment solutions tailored to support online sports betting operators. The offerings include payment aggregation with local methods like Pix and Boleto, Cross Border Services, real-time eVouchers, and advanced e-wallet options. Attendees will have the opportunity to explore OKTO’s managed payment services, featuring BRL position hedging, advanced KYC and AML procedures, real-time KYC checks, and active restrictions on CPF mismatches. OKTO will also showcase its complete back-office tool, providing detailed reporting and access to market statistics and intelligence.

A highlight of the exhibition will be the live demo sessions of OKTO.CASH, the revolutionary eVoucher solution that enables users to instantly load cash into online accounts. Perfect for unbanked consumers, OKTO.CASH eliminates the need for a bank account or credit card and does not require an app download. Seamlessly embedded within the operators’ app/site, OKTO.CASH ensures maximum convenience and accessibility. Soon, it will be available in over 100,000 points across Brazil.

OKTO’s robust payment technology allows for seamless integration of its complete suite of payment services and offers multi-country support beyond Brazil. With a single integration, operators can leverage OKTO’s payment services in regions such as Argentina, Mexico, Chile, and Peru, expanding their reach to new markets with a single integration.

“We are committed to empowering operators with the tools they need to thrive in the ever-changing gaming landscape,” said Leonardo Chaves, OKTO’s Country Manager, Brazil. He added: “With our commitment to speed, innovation, and reliability, OKTO is at the forefront of delivering next-generation payment experiences. We have developed all our solutions with the utmost attention to detail, ensuring error-free transactions and seamless user experiences and we are glad to showcase them at SIGMA Americas-BIS event in Brazil.”

Throughout the exhibition, OKTO’s team of local payment experts, compliance officers, legal representatives, and international executives will be available to provide insights and support. Visitors are encouraged to stop by Stand C70 to discover the future of payments for Brazil and witness how OKTO is transforming the gaming industry with its state-of-the-art payment solutions.

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