Digital payments solutions provider Okto Wednesday announced an exclusive partnership to enable cashless payments on Light & Wonder’s gaming machines across across bingo, AGC (adult gambling centre), LBO (licensed betting office), and casino sectors.
“This is another major success for Okto and represents a ringing endorsement of both the performance and integrity which underpin the Okto payment platform and its unlimited capabilities,” said Okto CCO Simon Dorsen in a statement. “Light & Wonder is a hugely respected innovator and a leading player in the industry, and we are excited about our new partnership that empowers operators to introduce cashless payments on the Light & Wonder gaming machines across the different gaming and betting sectors.”
Dorsen added that Okto’s payment platform is equipped to with a “safer gambling toolkit” and other features to manage know your customer, anti-money laundering, and fraud queries.
Wayne Ellard, Light & Wonder Vice President Product Management, said the Okto partnership meshes with his company’s ongoing mission to add value for its customers and their players.
“We are delighted to partner with Okto, integrating with their platform to enable our customers to take advantage of their cashless payment solution,” Ellard say. “We particularly support the focus on player protection, which builds upon our industry leading tools that are already available to our UK customers. We look forward to enabling this innovative cashless capability for our UK customers by the end of this year.”