OKTO confirms a strategic partnership with the European Casino Association (ECA) to drive innovation and digitization of payments in casinos.
Under the terms of the agreement, OKTO will provide advice to the 900 casinos represented by the ECA on how to offer the best digital payment experience to their customers.
Simon Dorsen, CCO of OKTO, explains: “Digital payments are one of the fastest developing sectors within the gambling eco-system, as such, there is a constant requirement and demand for innovative companies to deliver solutions that meet the needs of regulators, merchants, and consumers”.
In this line, he emphasizes that this association with ECA demonstrates "OKTO's desire to collaborate with industry experts to drive innovation and bring the best payment experiences to users".
On the other hand, the general secretary of the ECA, Hermann Pamminger, values collaborative development and says: “An essential part of the ECA’s role is to address key innovations as they relate to casino operations. The ECA serves as an information network for our members as we work closely with EU institutions upon initiatives that could potentially impact the European land-based casino sector”.
Referring to the partnership with OKTO, he emphasizes that it “provides our members with the very latest insights and developments regarding digital payments and digitalisation. It will help operators to understand and respond to requirements set out by industry regulators and, most importantly, how they relate to the genuine and effective responsible gambling frameworks implemented by duly licensed operators”.
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