{"id":34528,"date":"2019-03-01T13:22:07","date_gmt":"2019-03-01T05:22:07","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=34528"},"modified":"2019-03-01T15:05:33","modified_gmt":"2019-03-01T07:05:33","slug":"godigital-launches-okto-platform-for-cashless-transactions","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2019\/03\/01\/godigital-launches-okto-platform-for-cashless-transactions\/","title":{"rendered":"GoDigital launches OKTO platform for cashless transactions"},"content":{"rendered":"\n

To help Filipino consumers and small and medium businesses (SMEs) in taking their first step in digital transformation, GoDigital, a locally-owned and operated Innovation Lab, launched the OKTO, a platform for cashless transactions and digital hub for loyalty and rewards programs.<\/strong><\/p>\n\n\n\n

OKTO is an entire ecosystem where customers can pay, earn and redeem rewards, while SMEs benefit from a fully customizable, tailor-made solution that can easily fit their needs without stretching their resources.<\/p>\n\n\n\n

The OKTO platform has three components, namely OKTO Pay, OKTO Loyalty, and OKTO POS. While OKTO Pay is an enabler for cashless transactions, OKTO Loyalty is what you can use to reward your customers, and build affections towards them. OKTO POS is the bridge for merchant-partners to be able to fully utilize the features of the application.<\/p>\n\n\n\n

OKTO\nPay is a platform wherein customers and merchants alike can do cashless\ntransactions using OKTO\u2019s digital wallet. Transactions can be done by customers\nas long as they have their mobile phones or tablet and the OKTO app installed.\nFor SMEs, the company offers merchant app which allows them to do cashless\ntransactions into their stores, to have additional stream of revenues and\nallows bills payment and sells load by using their codes in NFC devices that\nthey provide. Customers can also track all their transactions through their\nmobile devices.<\/p>\n\n\n\n

A\nstandalone handheld device for cashier\u2019s use, the merchant app is now available\nin the market. It will be given once merchants are onboarded to OKTO while the\nconsumer app is available to download in the PlayStore and AppStore .<\/p>\n\n\n\n

For\nmerchants to build long-time value through rewarding, the company created the\nOKTO Loyalty platform with a fulfillment module or a customer reward creator that\nthey can customize, to build whatever campaign they want, give rewards to\nwhoever they want, and everything that they wanted to do.   <\/p>\n\n\n\n

Through\nOKTO Loyalty, users can earn points either through transactions by paying cash,\nby paying through OKTO, by scanning QR codes in the store or outside the store,\nand other rules that merchants can actually set. The platform also gives users\na way to view their points, and all available promotional campaigns. For\nmerchants, the platform gives all possible reports that they can see so they\ncan gauge what campaigns are actually affected and not affected. OKTO Loyalty\nwill be available on the OKTO app on the third week of March. For merchants, it\nis now available. <\/p>\n\n\n\n

According to Roland Christian Chua Jr., chief technology officer at GoDigital, one of the key features of OKTO Pay and OKTO Loyalty is to make sure they work whether users are online or offline. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

OKTO\nPOS is an all-in-one, customizable and easy-to-use POS system to help SMEs\nsimplify and streamline inventory management, sales, and cash flow. OKTO POS\nprovides SMEs with a simple POS platform complete with inventory management,\ncashless transactions and custom reports complete with a full-fledged back-end\noffice giving SMEs, whether retail or service, a complete platform that fits\ntheir budget.  The platform, which tracks\nreal-time data, works with the traditional POS devices and has version for\nmobile.<\/p>\n\n\n\n

Chua\nsaid that before they release the OKTO POS platform to merchants, they have to communicate\nwith them, ask for their customization or business needs for them to understand\ntheir business processes. If there is customization, what they do is to have an\ninitial planning and customization phase before they turned it over to the\nmerchant. \n\n\u201cThey still have to\nonboard with us and we do an initial process for the onboarding. That\u2019s the\ntime we release a merchant the OKTO POS just for them,\u201d said Chua.\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"

OKTO is an entire ecosystem where customers can pay, earn and redeem rewards, while SMEs benefit from a fully customizable, tailor-made solution that can easily fit their needs without stretching their resources.<\/p>\n","protected":false},"author":4,"featured_media":34542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[6641,6638,6640,6639,548,96],"class_list":["post-34528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-godigital","tag-okto","tag-okto-loyalty","tag-okto-pay","tag-online-banking","tag-technology"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/34528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=34528"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/34528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/34542"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=34528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=34528"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=34528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}