Provider & methodCash, GatewayListed Mar 2026oktopayments.comWebsite
OKTO logo

OKTO

OKTO is a global omni-channel payment platform offering digital wallets, instant bank transfers, pay-ins/pay-outs, and cash-to-digital solutions across Europe, LATAM, and Asia.

OKTO is a global omni-channel payment platform offering digital wallets, instant bank transfers, pay-ins/pay-outs, and cash-to-digital solutions across Europe, LATAM, and Asia. With PCI-DSS compliance, embedded KYC/AML, and real-time settlement, OKTO enables frictionless payments for gaming, retail, and financial services. Its OKTO.WALLET and OKTO.CASH solutions provide localized payments in markets including Greece, Spain, Romania, Italy, Brazil, Chile, Peru, and more.

9

payment methods

Alliance BankBank TransferMastercardOKTO CashOKTO WalletOnline BankingPIXPIPix AutomáticoVisa
62

markets

ArgentinaARArmeniaAMAustriaATAzerbaijanAZBahrainBHBelgiumBEBoliviaBOBrazilBRBulgariaBGCambodiaKHChileCLColombiaCOCosta RicaCRCroatiaHRDenmarkDKDominican RepublicDO
20

currencies

ARSCHFCLPDKKEURGBPGHSHUFJPYKRWMXNMYRNOKNZDOMRRON
10

sectors served

CharityCosmeticsCryptoeCommerceFood & DrinkForex / CFDHealthcareiGamingSaaSTravel
7

built on

APAPIMAMagentoSHShopifySTStripeWIWidgetWOWooCommerceWOWordpress

What OKTO costs

OKTO quotes per merchant. What you are offered depends on your volume, your industry, the countries you sell in, your card mix and your risk profile — so a published headline rate would not be your rate. Ask them for a quote against your own numbers.

Licences and regulation

Authorisations OKTO holds, as published by the provider or regulator. Check the register entry before relying on it.

Banco Central do Brasil (BCB)
Authorised Instituição de Pagamento (OKTO INSTITUIÇÃO DE PAGAMENTO S.A., formerly U4C Instituição de Pagamento S.A.), São Paulo. Register status "Autorizada em Atividade", legal nature Sociedade Anônima de Capital Fechado, prudential conglomerate "OKTO IP - PRUDENCIAL", direct SPI/Pix participant as a transactional account provider since 08/11/2023. This is the only entity in the group that holds a licence in its own name. The BCB record publishes the segment but not the e-money-issuer and payment-initiator modalities the company claims, so those are not recorded here. · Brazil · BR · CNPJ 30.980.539/0001-15 — BCB identifier Z9215298
Register
Central Bank of Cyprus (CBC)
Authorised Electronic Money Institution — Sureswipe E.M.I. PLC (trading as "Revsto"), HE375602, licensed 19/06/2018, e-money services plus payment services 2,3,5,7,8. OKTO's entity Oktopay Limited (HE400907, 16 Kennedy Avenue, Navian Court, Nicosia) is listed on this register as a registered Distributor of Sureswipe's e-money — distribution and redemption only, in Cyprus as from 21/07/2020 and on a passported basis to "All EEA States", with a local office in Italy (Via del Circo Massimo 9, Rome) by freedom of establishment from 30/06/2022. Oktopay Limited is NOT itself authorised. · Cyprus · CY · 115.1.3.26
Register

What you need to onboard

Company Details · Company Documents · Enhanced KYB & Due Diligence

Licences a merchant needs

Crypto Licence (Local) · Crypto Licence (Offshore) · Crypto Licence (Remote) · Forex Licence (Local) · Forex Licence (Offshore) · Forex Licence (Remote) · License · iGaming Licence (Local) · iGaming Licence (Offshore) · iGaming Licence (Remote)

What the last check found

OKTO Payments is not a licensed institution in Europe. The site, terms and privacy policy belong to Oktopay Limited (Cyprus, HE400907, Nicosia), which the Central Bank of Cyprus register lists as a registered Distributor of e-money for Sureswipe E.M.I. PLC (CBC licence 115.1.3.26, trading as "Revsto") since 21/07/2020, distributing across "All EEA States" and into Italy by freedom of establishment from 30/06/2022. The EBA PSD2 register adds a second, Belgian principal: Oktopay (national reference HE400907) is an agent and distributor of Paynovate SA/NV (NBB enterprise no. 0506.763.929, EMI-listed 26/03/2019) from 27/07/2023, last updated 23/04/2026. A German subsidiary, Oktopay Deutschland GmbH of Berlin, distributes Sureswipe e-money in Germany from 21/06/2022.

For a merchant this is the material point: in Europe the funds sit with Sureswipe in Cyprus or Paynovate in Belgium, under their safeguarding, not OKTO's. A distributorship can be terminated by its principal and carries no licence of its own.

The Cypriot arrangement is confirmed on the Central Bank of Cyprus register workbook, including the part that matters most — Oktopay Limited appears on Sureswipe's distributor sheet, not as a licence holder. The Belgian one is not recorded as an authorisation: enterprise number 0506763929 resolves at the Belgian Crossroads Bank for Enterprises to PAYNOVATE NV, Kantersteen 47, 1000 Brussels, which establishes the company but not the authorisation, and neither the National Bank of Belgium list nor the EBA register entry could be read. The German distributorship is not recorded either, because no reference is published for it and a reader would have nothing to check.

Brazil is the opposite case. OKTO Instituição de Pagamento S.A., formerly U4C Instituição de Pagamento S.A., CNPJ 30.980.539/0001-15, São Paulo, is itself authorised: the BCB's own REST register returns it as "Autorizada em Atividade", a direct SPI/Pix participant since 08/11/2023 with its own settlement account, in the prudential conglomerate "OKTO IP - PRUDENCIAL". The register publishes two identifiers for it: idBacen Z9215298 and clearing code (codigoCompensacao) 546. The register publishes the segment but not the e-money-issuer and payment-initiator modalities the company claims, so those are not recorded.

Two coverage corrections: a 62-country footprint is unsupportable, because OKTO publishes seven markets (AR, BR, CL, CO, MX, PE, ES); and no local authorisation was found for the Spanish-speaking LATAM markets. The BCRA, CNBV, SBS and SFC registers were not searched directly, and Argentina's entry points returned 404 on direct fetch. Parent and ownership are published nowhere that could be reached.

Checked against OKTO’s own documentation on 21 October 2026. Coverage changes; confirm anything you are about to build on.

Is OKTO regulated?

OKTO holds authorisations from Banco Central do Brasil (BCB) and Central Bank of Cyprus (CBC). Always check the regulator’s public register before relying on it.

People at OKTO

See all
EElena CostaFounder

Compare OKTO

OKTOvsOrcaOKTOvsPayPalOKTOvsHiPayOKTOvsMuchBetter

Similar to OKTO

OrcaProviderPayPalProvider & methodHiPayProviderMuchBetterProvider & methodRapydProviderMiFinityProvider & methodNuveiProviderBokuProvider & method

Sources · 13

  1. OKTO site page index · oktopayments.comcountriesUsed for the seven market pages that make up the country list, the six Pix variants, and the treasury, FX and settlement product pagesChecked 20 October 2026
  2. OKTO Payments — Privacy Policy · oktopayments.comlicensingthe companyUsed for Names the operating entity: "OKTOPAY LIMITED, registered E-Money Distributor of Sureswipe E.M.I. PLC", company registration number HE400907, 16 John Kennedy Ave, Nivian Court, 1087 Nicosia, Cyprus. The single most important lead — the brand's own admission that it is a distributor, not a licence holder.
  3. OKTO Payments — Terms of Use · oktopayments.comUsed for Confirms the site is "owned by OKTOPAY LIMITED", HE400907, same Nicosia address; shows the earlier domain oktopay.eu (which 301-redirects to oktopayments.com).
  4. EBA Register of Payment and Electronic Money Institutions (EUCLID) · euclid.eba.europa.eulicensingthe companyUsed for Authoritative EEA check. Returned Oktopay as PSD_AG (agent), national ref HE400907, parent PSD_EMI Paynovate (BE_NBB!0506763929), dates 27/07/2023 and 23/04/2026, own authorisation "NO"; plus Sureswipe E.M.I. PLC as a Cyprus EMI (ref 115.1.3.26, authorised 19/06/2018) and Paynovate as a Belgian EMI (26/03/2019). Confirms no OKTO-named PI or EMI licence exists anywhere in the EEA.
  5. Central Bank of Cyprus — Registers of Payment Institutions and Electronic Money Institutions · centralbank.cyUsed for Index page for the official EMI registers and their downloadable files.
  6. CBC Register of Electronic Money Institutions authorised by the CBC (12/10/2026) · centralbank.cylicensingUsed for Sureswipe E.M.I. PLC licence 115.1.3.26, LEI 2138007T3HU9R2V9SY68, HE375602, licensed 19/06/2018, services 2,3,5,7,8; "Sureswipe-Agents-Distr" sheets list Oktopay Limited as Distributor in Cyprus from 21/07/2020 and across all EEA states (Italy by establishment from 30/06/2022, Rome office), and Oktopay Deutschland GmbH, Berlin, for Germany from 21/06/2022.
  7. CBC Register of EMIs from member states notified in Cyprus (12/10/2026) · centralbank.cyUsed for Paynovate SA (BE) notified 24/04/2019, services 3,4,5,7,8, with Oktopay Limited (10 Mnasiadou & Stasikratous, Elma House, 1065 Nicosia) listed as its Distributor from 10/07/2023 and as its Agent from 05/05/2026.
  8. NBB — Établissements de monnaie électronique agréés en Belgique · nbb.beUsed for Paynovate, société anonyme, Cantersteen 47, 1000 Brussels, enterprise number 0506.763.929, date of entry on the list 26-03-2019.
  9. Banco Central do Brasil — institution record, CNPJ 30980539 · www3.bcb.gov.brlicensingUsed for "OKTO INSTITUIÇÃO DE PAGAMENTO S.A.", segment "Instituição de Pagamento", status "Autorizada em Atividade", código de compensação 546, idBacen Z9215298, conglomerate "OKTO IP - PRUDENCIAL", São Paulo address, direct SPI (Pix) participation since 08/11/2023, ITP = yes. Proves the rename from U4C and the only self-held licence.
  10. Banco Central do Brasil — Encontre uma instituição · bcb.gov.brlicensingUsed for Public front end for the same BCB institution register, for human verification.
  11. OKTO (U4C) — Política de Gestão Integrada de Riscos e Controles Internos · oktopayments.comlicensingUsed for Gives the CNPJ: "U4C Instituição de Pagamento S/A (CNPJ: 30.980.539/0001-15)" — the link between the brand and the BCB register entry.
  12. OKTO (U4C) — Política de Governança · oktopayments.comlicensingUsed for States the exact Brazilian authorisation scope: "a U4C é uma Instituição de Pagamento que possui autorização para operar apenas como Instituição Emissora de Moeda Eletrônica (IEME) e Iniciadora de Transação de Pagamento (ITP)", direct Pix participant, own settlement account at the STR, and the UNICAD-registered directors.
  13. OKTO Payments — About us · oktopayments.comcountriesthe companyUsed for Founding year basis ("Since 2019, we've engineered payment infrastructure...") and the coverage menu of 7 markets (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Spain) against the directory's 62 country rows.

13 sources · last checked 21 October 2026 — each one says which claim it supports.

Compiled from public sources — verify with OKTO before you sign anything. How we compile this · Suggest a correction ·