OKTO has expanded its presence in Latin America by introducing a direct card-in solution in Mexico. They are connecting to the country’s local payment rails to enable real-time card deposits for iGaming operators and their customers.
This launch is part of OKTO’s Orchestrated Pay-ins and Payouts strategy, which aims to simplify payment journeys through locally aligned infrastructure. Given that card payments account for more than a quarter of Mexico’s iGaming audience, this new capability provides a critical tool. It is essential for operators seeking to meet player preferences.
Streamlined, Secure, and Faster Payments
By integrating directly with licensed domestic acquirers, OKTO eliminates intermediary processors. This approach improves approval rates, reduces fraud exposure, and accelerates transaction speeds. Furthermore, direct acquiring gives merchants more control over payment flows and pricing structures, enhancing operational flexibility.
As part of the initial rollout, five merchants are preparing to go live. This reflects strong demand for localized and compliant payment options in Mexico’s regulated market. The card-in service complements OKTO’s existing SPEI-based in-and-out payment methods, which are already widely adopted across the region.
Expanding Latin American Infrastructure
The Mexico launch follows OKTO’s deployment of real-time account-to-account payments in Peru last month. The company continues to develop market-specific infrastructure across Latin America, emphasizing local relevance and regulatory compliance.
Thomas Georgopoulos, COO at OKTO, said:
“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.”
He added:
“By integrating with Mexico’s local acquiring network, we help merchants reduce costs. Additionally, we increase approval rates and deliver the fast, seamless deposit experience that players expect.”
This international rollout comes after Edward Chandler joined OKTO as Group CEO. Chandler, who previously held senior positions at Visa, Mastercard, and Barclays, is leading the company’s global expansion. He is also leading the further development of its embedded finance and payment capabilities.
