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New Partnership Brings Cashless Payments to Gaming Machines

The financial technology company OKTO has announced a new collaboration with Advansys, a provider of casino management systems, which will bring instant mobile payments to gaming machines in gambling venues across Europe through OKTO.WALLET.

In a press release, OKTO has explained that the partnership will allow gambling operators to make use of the company’s cashless solution. When integrated with the Advansys Nexio CMS, it will provide players with a fast, convenient and secure payment method directly at the gaming machines.

Players will simply use the free OKTO app on their smartphones to interact with the machines. It will connect to the CMS and allow players to make instant payments. After playing, players will be able to collect their winnings directly to the OKTO.WALLET app. The app itself works in a similar manner to many other e-wallets, with a range of options for funding it, such as bankcard, prepaid cards, and bank transfers.

All players will need to do is scan a QR Code on the gaming machine and it will pair the machine to their wallet. For operators, one of the major advantages is that the payment solution is entirely software based, so there is no need to install or configure any additional hardware.

Simon Dorsen OKTO Director of Gaming

The pandemic accelerated the need for innovative and secure digital payment methods across all channels, including land-based gaming, and OKTO meets exactly that demand. We’re glad to cooperate with Advansys to provide even more gaming operators and players in Europe with a payment method that streamlines and simplifies the payment experience on gaming machines. Access to mobile payments is a driver for retail innovation in Europe, especially when this has blended with an advanced end-to-end cashless mobile wallet that completely rely on accessible mobile technology.

Simon DorsenOKTO Director of Gaming

The CMO of Advansys, Andrej Sluga, said that the new partnership will strengthen the company’s position as providing one of Europe’s leading CMSs as they can now offer partners secure mobile payments, which adds a new level to the player experience.

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