Okto has purchased Flexia Payments.

Okto has purchased Flexia Payments in order to expand its presence in the North American gaming markets. This decision has been made as Okto aims to enhance its range of payment options, focusing on cashless and omnichannel solutions.

By acquiring Flexia, a fintech company with expertise in digital payments, Okto can provide its customers with seamless cashless solutions.

Flexia collaborates with various partners, such as WinSystems, CasinoTrac, enabling the consolidation of casino and online wagering accounts into the convenient Flexia Prepaid Mastercard.

 

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The acquisition of Flexia Payments by Okto is an exciting development for both companies and the North American gaming markets as a whole. Okto's decision to expand its presence in this region demonstrates its commitment to meeting the evolving needs of the industry, particularly in terms of payment solutions.

Cashless payments are becoming increasingly popular in the gaming industry due to their convenience and security. By acquiring Flexia, Okto is positioning itself to be at the forefront of this trend, providing its customers with seamless and efficient cashless options. This is essential in the modern gaming landscape, where players are increasingly moving towards mobile and digital platforms.

Flexia's expertise in digital payments will undoubtedly benefit Okto as it aims to provide omnichannel solutions to its customers. The collaboration with partners such as WinSystems and CasinoTrac will enable Okto to consolidate casino and online wagering accounts into a single convenient payment method with the Flexia Prepaid Mastercard. This consolidation not only simplifies the payment process for customers but also increases convenience and accessibility.

The acquisition of Flexia Payments aligns with Okto's overall strategic goals of diversifying its payment options and providing an enhanced user experience. By integrating Flexia's technology and expertise into its existing systems, Okto can improve its offerings and become a leader in the cashless payment space. This move also positions Okto to capitalize on the increasing demand for digital payment solutions within the North American gaming markets.

Overall, Okto's acquisition of Flexia Payments is a positive step forward for the company and the industry as a whole. With a focus on cashless and omnichannel solutions, Okto is well-positioned to meet the evolving needs of the gaming community and provide a seamless payment experience for its customers.