OKTO has significantly strengthened its operational footprint across Latin America with the introduction of a new direct card-in solution in Mexico.
This strategic launch connects the payment technology firm directly to the country’s local payment rails, enabling iGaming operators and their customers to facilitate real-time card deposits with enhanced efficiency and security.
The new capability is a core component of OKTO’s “Orchestrated Pay-ins and Payouts” strategy, which focuses on simplifying complex payment journeys through the deployment of locally aligned infrastructure. Given that card payments constitute the preferred transaction method for more than a quarter of the iGaming audience in Mexico, this solution represents a crucial strategic addition for operators aiming to meet specific local player demands and preferences within the regulated market.
By establishing direct integration with licensed domestic acquirers, OKTO effectively eliminates the reliance on intermediary processors. This fundamental change is projected to deliver multiple benefits: it is intended to substantially improve transaction approval rates, mitigate exposure to fraud, and support significantly faster transaction speeds.
Furthermore, the company highlights that this direct acquiring model grants merchants greater command over their payment flows and pricing structures.
The initial rollout is generating strong traction, with five merchants already preparing to go live, underscoring the escalating demand for localised, compliant, and efficient payment options within Mexico’s regulated ecosystem. The card-in service is designed to work seamlessly alongside OKTO’s existing SPEI-based in-and-out payment methods, which are already widely adopted across the region.
This expansion follows closely on the heels of OKTO’s successful deployment of real-time account-to-account payments in Peru last month, demonstrating the company’s continuing dedication to developing market-specific infrastructure throughout Latin America.
Thomas Georgopoulos, COO at OKTO:
Mexico represents a key market in OKTO’s Latin American expansion strategy. Our direct card-in solution directly addresses the needs of a significant portion of iGaming users who continue to prefer card payments.
This international expansion milestone comes several months after OKTO appointed Edward Chandler as Group CEO. Chandler, who has a wealth of experience having held senior roles at Visa, Mastercard, and Barclays, is currently overseeing the company’s global growth and the further development of its embedded finance and payment capabilities.
