Why should I use Okpay?

Doing business globally doesn’t have to be costly, slow, and complex. Whether you’re a global business looking to save time and money as you scale, or a forward-thinking platform or marketplace that’s ready to build your own financial
products, Okpay’s leading technology can support your growth.

Our advanced integrations are designed to remove friction from your global payments and financial operations. Unlike traditional banking, Okpay gives you the speed, simplicity and savings you need to run your business seamlessly across borders. Benefit from a feature-rich solution that manages everything from payments, funds and expense management to embedded finances – all through one secure platform.

With an Okpay Business Account, you’ll be able to:

1.Open accounts with local bank details in multiple currencies worldwide. Receive payments in local currency and eliminate costly conversion and transaction fees.

2.Make high-speed transfers to your suppliers and employees around the world at interbank rates, no matter the transaction size.

3.Instantly and securely accept payments from your customers around the world via cards and their preferred local payment methods, without writing a single line of code.

4.Manage your entire accounts payable process with bill pay

5.Easily connect Okpay with your favourite software

If you’re looking for an even more customisable and programmatic solution for your business needs, you can integrate directly with our Core API. And if you’re a platform or marketplace that’s looking to generate new lines of revenue by offering your own financial products, you can tap into our powerful Embedded Finance solutions.

Okpay supports a wide set of use cases that can help your business scale. Access leading global coverage, world class security, seamless onboarding, and award winning customer support. If you’d like to know more about how Okpay can work for you, get in touch today.

Who can open an account with Okpay?

Okpay supports Business Accounts, that are used strictly for the purpose of business transactions where goods or services are sold, either to a business or an individual. Due to different restrictions and regulations, there are a few limitations on the types of businesses and transactions we can support. Please see below to better understand if we can support your business. 

Can I open a personal account as an individual?

Currently we only offers Business Accounts, and do not support personal accounts for individuals. 

Which business industries are supported? 

Certain business types are restricted from using Okpay due to government regulations and/or increased risk of money laundering and terrorism financing. These include but are not limited to investment firms, arms dealers, gambling companies, pharmaceutical companies and charities.