UK-based supplier of amusement equipment to the leisure sector Regal, a subsidiary of the Merkur Group UK, will begin accepting cashless payments directly onto its gaming machines via OKTO.WALLET.
Users of the mobile app will be able to deposit and withdraw funds ‘safely, securely and seamlessly’, directly onto any collaborating gaming machines in the UK leisure sector.
The joint offering is ready to give Britain’s pub sector a much needed post-lockdown boost, by introducing a fully cashless experience tailored to the gaming industry and its players’ demands, increasing customer engagement and footfall.
The OKTO.WALLET is a fully-licensed payment service, said to reduce payment friction, enhance customer experience, and focus on responsible gambling and player protection
Simon Dorsen, director of gaming at OKTO, said: “Britain is moving beyond ‘peak cash’ this year, as the country has well and truly embraced a cashless society due to its convenience and ease. The Pub and Gaming sectors are able to address the users’ need with a flexible and cashless solution, thanks to our collaboration with Regal.
“We designed a turn-key solution for the market that enables consumers to use a complete, digital, cashless solution, not only directly on gaming machines but also across the entire payment ecosystem. Providing them with a single payment app, users have the freedom to use their OKTO.WALLET anywhere, whether it’s pubs, AGC, Casinos or high street shops.”
Pubgoers can embark on this digital journey by downloading for free the OKTO app from the App Store and Google Play and creating an account in just a few minutes. The OKTO app enables users to move their funds instantly across the entire payment ecosystem; from the gaming machine, the pub’s ordering app, the bartop cashier, all the way out to any retail or online business accepting OKTO Prepaid Mastercard, linked to the OKTO wallet account.
Matt Bicknell, managing director operations and product at Regal, added: “Through our collaboration with OKTO, we found both a digital, instant and cashless solution to meet our customers’ demand and the flexible, market-proven technology that enabled us to easily adopt it in our gaming machines.
“The launch is the result of extensive research and co-development between our companies, and we are working actively on rolling it out to our client base in the UK.”