OKTO Strengthens its Presence in Italy by Joining IDH

Payments provider OKTO has joined the Italian Digital Hub Foundation (IDH) to bolster its presence in Italy and collaborate on digital transformation initiatives, particularly focusing on advancing e-money services.

Francesco Crudo, OKTO’s Director of Corporate Development & Regulatory Affairs in Italy, said: “We’re thrilled to join IDH, a prestigious foundation dedicated to enhancing Italy’s digital landscape. OKTO remains committed to upholding the most stringent regulatory standards and working closely with local authorities to deliver innovative, secure, and efficient payment solutions to our valued merchant partners.”

IDH’s President Maurizio Pimpinella said: “We warmly welcome OKTO to our Foundation. OKTO’s commitment to compliance and innovation is in line with our commitment to promote digital innovation in Italy, in the Paytech and Fintech landscape. We look forward to an increasingly close collaboration of OKTO with all our members to promote the development of the digital ecosystem and payments in the Italian market.”

Furthermore, OKTO says that as an IDH member, it will actively engage in knowledge-sharing activities such as round tables, conventions and conferences, ensuring it remains at the forefront of Italy’s digital transformation and the evolving payment industry landscape.