Interwetten launches OKTO.CASH, bringing instant digital cash payments to its users.
OKTO has launched its innovative digital cash payment solution , OKTO.CASH, with Interwetten, a prominent operator in the German iGaming market. This strategic collaboration represents a significant milestone for OKTO, expanding its presence in Germany and solidifying its role as a leader in digital cash solutions for iGaming enthusiasts in Europe and beyond. Following the launch in Germany, further launches are planned across Europe.
With OKTO.CASH, Interwetten customers can now easily and securely fund their iGaming accounts using cash. Leveraging OKTO's extensive and growing network of over 14 retail stores across Germany—including well-known chains like Avia, Esso, Lotto, OMV, Q1, Shell, Tamoil, and Westfalen—users can quickly convert physical cash into digital funds. This seamless solution provides a fast, secure, and convenient top-up option, perfectly tailored to meet the preferences of the German market.
Commenting on the partnership, Rene Hartl, Head of Payment Operations at Interwetten, said: “Our collaboration with OKTO highlights our commitment to providing innovative and easy-to-use payment solutions. With OKTO.CASH, our players can easily deposit money into their Interwetten accounts from familiar locations, giving them unprecedented convenience and flexibility.”
Mikhail Ovsepyan, Head of Germany at OKTO, added: “We are delighted to partner with Interwetten for the launch of OKTO.CASH in Germany. This partnership underscores our commitment to expanding throughout the region and beyond, while offering cutting-edge payment solutions that meet the needs of iGaming fans. Our goal is to transform the in-game payment experience with unparalleled convenience and security.”
This strategic partnership between OKTO and Interwetten begins in Germany, with plans to launch the OKTO.CASH solution in various regions of Europe.
About Interwetten
Interwetten is one of the leading international sports betting providers in German-speaking countries, offering fans exciting online entertainment with sports betting on over 70 sports at www.interwetten.com, as well as the Interwetten app, available for all common devices. Interwetten invests heavily in the continuous development of technologies that improve the betting experience and make sports betting safer, while placing the highest value on player protection. Interwetten has been licensed by the Malta Gaming Authority (MGA) since 2005 and in Germany since 2020. Interwetten has also successfully passed the licensing procedures in Greece, Spain, Ireland, and Sweden.
In the area of player and consumer protection, Interwetten has always been committed to the highest standards in all areas.
For more information on the various products and licensed brands of Interwetten, please visit: www.interwetten.com or www.interwetten.de for Germany.
About OKTO – Digital payments for the real world
OKTO powers digital payments for online and retail businesses worldwide. Our unified payment platform securely processes transactions across both the digital and real-world realms, creating immersive payment experiences for merchants and consumers.
With a team of over 200 payment specialists and technologists, we orchestrate digital payments across the Americas, Europe, and Asia through a blend of local expertise, industry knowledge, and international capabilities. Our embedded omnichannel approach supports clients in diverse regulatory landscapes, ensuring low friction and high protection.
With over €6 billion in processed volume across more than 25 million consumers worldwide, we are continuously driving the digital transformation in payments.
Find out more about OKTO: www.oktopayments.com
To learn more about OKTO services in Germany, contact Mikhail Ovsepyan: [email protected]
