OKPay

OKPay is a Telegram-based digital wallet and payment service launched in 2022, enabling users to manage funds and complete transactions without leaving the chat interface. It supports cryptocurrencies such as USDT, TON, TRX, and CNY, and offers services including cross-border transfers, crypto-to-fiat conversions, bill payments, travel bookings, and mobile top-ups. OKPay reports more than 50,000 monthly active users for its Telegram wallet service.^[1][3][2][4]

Overview

OKPay is a Telegram-based wallet and payment service that supports peer-to-peer transfers, balance checks, mobile top-ups, cryptocurrency deposits and exchanges, and other payment services through its bot interface.^[1]

History

OKPay was launched in 2022 as a Telegram-based digital wallet aimed at providing convenient payments and transfers directly inside the messaging application. The service was designed to handle everyday money management, including peer-to-peer transfers, mobile top-ups, and other routine transactions through a chatbot interface.^[1]

In July 2024, OKPay introduced a wealth management tool known as OK Balance or OK Balance Manager, allowing users to invest between 10 and 500,000 USDT with a stated annual rate of around 8%. Earnings are calculated daily, credited to the user’s OKPay balance, and funds can be deposited and withdrawn flexibly, with payouts beginning 24 hours after the initial investment.^[1][3]

In September 2024, OKPay announced a website redesign with revised presentation and product information.^[2]

On April 29, 2025, the Supreme People's Procuratorate of China reported on a Hubei case concerning local agents of an overseas virtual-currency trading platform called OKPAY. The report describes that platform but does not identify it as the Telegram bot or the okpay.pro wallet described in this article. According to the official report, the agents had conducted cryptocurrency/RMB payment settlement through the platform from October 2022 and recruited local residents to provide bank accounts. Investigators and prosecutors found that the activity involved funds from fraud and gambling and that the platform's payment-settlement business lacked required authorization. Seven individuals were convicted of illegal business operations on February 26, 2025, and sentenced to prison terms ranging from 10 months to four years and six months, with fines. The reported convictions were of the individuals.^[5]

Deposit Maintenance and Merchant Order Incident

On November 9, 2025, OKPay's @okay news channel announced maintenance of its USDT deposit channel and asked users not to send funds to old deposit addresses. The notice said withdrawals, internal transfers and use, currency exchange, and C2C trading remained unaffected. On November 11, the channel announced that deposits had resumed following system upgrades and security optimization, and that funds sent to old deposit addresses would no longer be credited.^[6]

On June 29, 2026, the channel said it had detected an anomaly in some merchant order flows, that its technical team had addressed it and reviewed and hardened the relevant flows, and that the issue had not affected platform reserves, user balances, transfers, receipts, withdrawals, or merchant settlements. The company characterized circulating claims of a 3-million-USDT loss as inaccurate.^[6]

Products & Programs

OKPay provides a range of financial services through its Telegram bot interface for both individual users and businesses. Users can send and receive funds directly with other Telegram users, facilitating peer-to-peer transactions, and can send digital red envelopes for social gifting. The bot also allows users to check their account balance at any time.^[1]​

Users can top up mobile phone bills and data plans in several countries, including Cambodia, Myanmar, Thailand, the Philippines, the UAE, and Saudi Arabia. The platform also supports the purchase and gifting of Telegram Premium subscriptions from within the bot.^[1]​

In July 2024, OKPay introduced a staking and wealth management product called OK Balance Manager (also referred to as OK Balance), enabling users to invest between 10 and 500,000 USDT. The stated annual interest rate is around 8%, with daily earnings automatically credited to the user’s OKPay balance. Funds can be withdrawn at any time to the OKPay balance account, and earnings begin to accrue 24 hours after the initial investment.^[1]​^[3]​

For cryptocurrency users, OKPay lists TRC-20 deposits for TRX and USDT, with a minimum deposit of 1 USDT and crediting after three network confirmations. The site separately describes Telegram-to-Telegram transfers through the bot and advertises instant exchange between supported assets, without specifying the exchange’s execution method.^[1]​ In November 2025, the USDT deposit channel was temporarily under maintenance and deposits resumed after system upgrades and security optimization; old deposit addresses were no longer credited.^[6]

OKPay offers anonymous virtual credit cards that can be used for online shopping and digital service payments, including advertising and e-commerce platforms such as Amazon, Shopify, Shopee, Facebook, and Google. Businesses can open dedicated payment accounts to manage incoming payments and settlements through the OKPay system.^[1]​

Philanthropy

At the close of 2024, OKPay launched a charity initiative focused on poverty alleviation across China, with a total budget ranging from 500,000 to 1,000,000 RMB. The project reached children’s welfare institutions, impoverished villages, and towns across three provinces, providing support to more than 200 beneficiaries. Assistance included cash, essential supplies, and educational materials for groups such as people with disabilities, left-behind children, low-income families, and elderly individuals living alone.^[4]​

The initiative was formally announced in a GlobeNewswire press release dated January 27, 2025, issued from Kuala Lumpur, Malaysia, and is presented by OKPay as part of an ongoing program of community and charity support. A spokesperson for OKPay stated:^[4]​

"Our charity initiative is about more than just providing material support... It’s about restoring hope, building resilience, and reminding those in need that they are not alone."