OKTO has expanded its Latin American footprint with the rollout of a direct card-in payment solution in Mexico, enabling real-time card deposits for iGaming operators through direct integration with the country’s domestic acquiring network. The launch strengthens OKTO’s market-specific payment offering and supports rising demand for localised, compliant, and seamless deposit methods in one of the region’s fastest-growing regulated markets.
Direct Integration with Mexico’s Acquiring Network
The new solution connects OKTO directly to Mexico’s licensed domestic acquirers, eliminating the need for intermediary processors.
This model is designed to:
- Improve card approval rates
- Reduce fraud exposure
- Accelerate transaction speeds
- Provide merchants with more control over pricing and payment flows
Card payments remain a core preference for Mexican users, representing more than 25% of the nation’s iGaming audience. By tapping into domestic rails, OKTO strengthens operators’ ability to meet these consumer expectations.
Supporting Local Player Preferences and Merchant Performance
Five merchants are already preparing to go live in the initial rollout phase, demonstrating strong operator demand for locally aligned, scalable payment infrastructure.
The new solution sits alongside OKTO’s widely used SPEI-based in-and-out payment methods, creating a unified suite of locally compliant deposit and withdrawal options.
The initiative is part of OKTO’s broader “Orchestrated Pay-ins and Payouts” strategy, which aims to simplify payment journeys by leveraging country-specific infrastructure rather than global one-size-fits-all models.
Expanding Latin American Operations
The Mexico launch follows OKTO’s recent deployment of real-time account-to-account payments in Peru, signalling continuous expansion across key Latin American markets.
The company continues to refine market-tailored payment solutions that align with local regulation, user behaviour, and operator requirements.
Thomas Georgopoulos, OKTO COO, highlighted the importance of Mexico within the company’s regional strategy, noting that the direct card-in solution directly serves a large segment of players who remain loyal to card-based deposits.
Strengthening Global Growth Under New Leadership
The expansion comes months after Edward Chandler stepped in as OKTO’s Group CEO.
His background at Visa, Mastercard and Barclays aligns with OKTO’s ambitions to grow its embedded finance capabilities and enhance its global payment ecosystem.
With the Mexico rollout, OKTO reinforces its commitment to providing fast, secure and locally relevant payment solutions across high-growth iGaming markets.
Sources: Gambling Insider, Gamblers Connect
