OKTO Partners with Octavian Lab to Launch Payment Solutions

Are you ready for a revolution in iGaming payment solutions? Leading provider OKTO has partnered with Octavian Lab, a top online gaming platform provider in Italy, to launch OKTO.WALLET—a compliant, secure, and seamless payment solution tailored for the evolving Italian gaming market. As Italy prepares for new regulatory standards, this innovative solution ensures operators and players can enjoy frictionless, fully compliant transactions. Curious about how this partnership will shape the future of payments in Italy’s gaming industry? Let’s dive into the details.

OKTO Partners with Octavian Lab to Introduce OKTO.WALLET in the Italian iGaming Market

OKTO, a global leader in payment solutions, has announced a groundbreaking partnership with Octavian Lab, a well-established provider of online gaming platforms in Italy. This collaboration introduces OKTO’s open-loop wallet solution, OKTO.WALLET, which has been integrated into Octavian’s platform to meet the requirements of Italy’s latest PVR-related decree.

The timing of this partnership is critical as the Italian market adapts to new regulatory changes. With OKTO.WALLET, Octavian’s operator partners can provide a seamless payment experience, empowering players with instant deposits and withdrawals while maintaining full compliance with Agenzia delle Dogane e dei Monopoli (ADM) standards—Italy’s primary gaming regulatory authority.

The OKTO.WALLET service is specifically designed to cater to the demands of the PVR decree, which focuses on secure, transparent, and compliant transactions. OKTO’s payment solution, certified by iTech Labs and Quinel, ensures that operators using Octavian’s platform are ready to navigate Italy’s stringent regulatory environment. OKTO’s Country Manager Italy, Dante Micucci, noted: “We are proud to partner with Octavian to introduce OKTO.WALLET to the Italian market. This integration underscores our commitment to providing compliant, secure, and advanced payment solutions that align with the evolving regulatory landscape.”

A Seamless and Compliant Payment Experience

OKTO.WALLET offers operators and players a frictionless payment experience, allowing users to make cash-to-online payments with ease. From deposits to withdrawals, players can handle their funds efficiently while staying fully compliant with Italian law. Additionally, the introduction of the OKTO Visa Card extends users’ access to their funds, allowing them to utilize their balances anywhere, anytime—whether for gaming or general use.

This integration with Octavian is just the beginning. Several leading online gaming operators using the Octavian platform are set to introduce OKTO.WALLET to their customers, boosting the efficiency and security of their payment processes. The collaboration reflects a shift toward greater transparency and player protection in the Italian iGaming sector.

Regulatory Compliance and Market Innovation

As Italy strengthens its regulatory framework, including measures in the PVR-related decree, it has become essential for gaming operators to offer payment solutions that are not only convenient but also meet all compliance requirements. The partnership between OKTO and Octavian addresses this need head-on by providing a fully integrated solution that ensures security and regulatory adherence.

Andrés Galan Chillon, Manager of Sales from Octavian Lab, expressed his excitement about the partnership, stating: “We’re thrilled to offer our operators a seamless and compliant solution that meets the evolving needs of both the market and regulatory requirements. This partnership with OKTO reinforces our dedication to delivering advanced payment solutions that prioritize user convenience and security.”

With OKTO’s wallet solution in place, Octavian Lab is well-positioned to offer a best-in-class payment experience to its operator network, setting a new standard for the Italian iGaming industry. By prioritizing compliance and innovation, the partnership aims to enhance player safety while helping operators navigate the complex regulatory landscape.

The partnership between OKTO and Octavian Lab is a game-changer for the Italian iGaming market, introducing OKTO.WALLET as a compliant, user-friendly, and secure payment solution. As Italy’s regulatory environment evolves, OKTO’s wallet service is set to meet the growing demand for seamless and compliant payment options, ensuring both operators and players are well-protected. With leading operators preparing to roll out this solution, the future of iGaming payments in Italy looks more secure, efficient, and innovative than ever.