OK Payment is mobile payment system which is fast, secure and Safe, Convenient ways to pay and receive money, Easy accounting on your expenditures, Easy Access, 24 X 7 available, for more functionality details visit our website www.okdollar.com
To use OK Payment, First you have to download OK Payment mobile application, which is available in
  • our website www.okdollar.com
  • Apple app store
  • Google play store
  • Jas Market
  • One mobile market
  • Ok Payment agent.
Register with your mobile number and other mandatory field and you are ready to pay using OK Payment / Speed Kyat
OK Payment is a prepaid e-wallet account. You can make easy and faster payments to any person through your mobile app.
Loading cash is one of the easiest process in OKPayment account. You can load cash by any of the following mentioned below,
  • * Any OK Payment user
  • * Agents
  • * Merchants
  • * Banks
No bank account needed to register with OK Payment. The main objective of OK Payment is to bring the experience of e-banking to the unbanked population.
Sim card/PhoneNumber is the key identification for your OK Payment account. You can avail the services through
  • => Mobile application (needs internet)
  • => Mobile browser (needs internet)
  • => Web portal (needs internet)
  • => SMS (offline , without internet)
Yes, you can. The receiver will get an SMS notification. The money will be transferred to their wallet only after they register with OK Payment . If they don’t register within 6 months, the money will be forfeited.
As per the current regulation, there is no limitation to keep money in OK Payment account.
You have to immediately contact the IWL customer care (+95 ) to block your account to avoid misuse of the account. Alternatively, you can directly visit our official website www.okdollar.com and block your account by entering your mobile number and password.
Open the speed kyat application, go to login page and put your mobile number and password,following menu will appear

  • Pay to: pay anyone, anywhere, anytime instantly
  • Pay without ID: Pay to anyone without disclosing your phone number for e.g. in City bus, Train, ferry, grocery shops etc.
  • Payments to: City Bus/ Train / Ferry / Entrance / Toll / Taxi / Restaurant / Hotel / Petrol station or any parking with using concern menu button.
  • Discounts money: is disbursed by Merchants to their customers to promote the business.Discount can be redeemed at the merchant outlets who disbursed the discount money.
  • Bonus point: is gained by Customers for using OKPayment at merchant outlets. The bonus points can be redeemed at the same merchant outlets.
  • Mobile Top-Up: can be done through OK Payment / Speed kyat to your number and to your family or friends numbers.
  • The app has intelligent system to identify the Telco . The customer needs to enter only the amount and pin number to do a topup for his own number.
  • Utilities bills: can be paid without the need to travel to do the bill payments. Convenience to pay water/electricity bills on a single click.
It takes less 6 second to transfer money from your OK Payment account to another account.
Yes, they will receive SMS with details of sender and amount received. Push notifications also will be sent to the receiver.
If you are using with personal account, there is a limit set at 3 transactions a day with a maximum total amount of 10 lakh. This has been set by the Central Bank of Myanmar. If you are using with business account, there is no limitation for the number of transaction times and money.
Anybody who has OK Payment account can Cash In or Cash Out, or you can click Agent search on your OK Payment application and do Cash In or Cash Out with any desired agent from the list. You can also visit the nearest bank branch and do Cashin/Cashout.
Open application then go to Pay to function and put your family or friend's number, the amount and send, receiver will receive a SMS and Push notification regarding the payment.
Pay without ID is a classic feature which allows the customer to do payments through OKPayment App without disclosing the sender phone Number. This feature will make the user comfortable to pay without having the worries of disclosing their personal phone number to a merchant/stranger.
All the user preferences and Transaction details can be accessed from the Settings Page. Open settings and go to transaction history, you can find all your transaction details with balance sorted in chronological order. To check balance only, open settings and go to check balance menu.
Open setting and go to change password, Enter old password and new password to change the password.
Once password is changed, the application logs out for security purpose. You can now login with the new password.
The OKPayment app has intelligent system to identify the Telco . The customer needs to enter only the amount and pin number to do a topup for his own number.
if you want to recharge yourself, touch "myself" button and if you want to recharge to others, touch "other" button and choose amount and phone number to recharge.
Bonus points are accumulated based on the merchant name. Each time you make payments to a merchant ( who has enabled loyalty program) you will receive bonus points for that merchant.

To redeem/use the loyalty points, click Bonus point and you can view the merchant name and the associated bonus points you have gained. You can click the merchant whose bonus point you want to use and enter the phone number of the merchant and amount of point to be redeemed. Once redeem is successful, the merchant and you will receive SMS and push notification for the same.

For Advance Merchant

Safety cashier is registered in a similar fashion to a normal subscriber/merchant registration with the following changes
  • 1) A separate app with slightly reduced features is used for safety cashier registration
  • 2) A parent/advance merchant number is mandatory.
Merchant: Merchant is similar to a normal subscriber who can do payments with slightly elevated privileges as mentioned below,

1) Bonus points : Bonus points are gained by customers on every purchase.
2) Discount Money : Discount money are disbursed by the merchant to customers for increasing his customers
3) Cash back : Cashback is configured by the merchant, and based on the rules set by the merchant, the customers will x% on the amount paid by the customer.
4) Location Broadcasting for easy payments : Merchants can broadcast their shop location. This will be viewed in the map when customer search for nearby merchants based on name/category.
5) Promotions : Promotion are like advertisements, for the merchants to notify the customers who search for merchants in the near by location/ based on the category as mentioned above
6) Bank cashout : Merchants need not go to any agents /banks for cashout. SpeedKyat /OK Payment system will credit the amount to the merchants predefined Bank account, on a single click .

Advance Merchant: Advance merchant is similar to Merchant with the following differences mentioned below,
1) Can Register multiple Safety cashier under them.
2) Can only pay to predefined 5 Numbers and payment to others are blocked.

Advance Merchant: Safety Cashiers are registered under Advance Merchant.
The main purpose of Safety cashiers are at the cash counters receiving payments from the customer. The payments received from the customer are credited to the Advance merchant and not to the safety cashier.
The safety cashier only receives SMS / Push notification that payment is being received from the customer and amount has been transferred to the advance merchant number.
Merchant has the freedom to define the phonenumber / customers to whom the discount money should be disbursed. Merchant can also decide the amount to be disbursed for each customer. This list will be sent to the Speed Kyat /OK Payment team by the merchant and the corresponding amount will be disbursed to the customers from the system.
Only Merchants can login to the Bonus Point portal ( https://okdollar.net/LoyaltyPortal)
Merchant can use their Phone Number and same password to login to the portal and configure the bonus points.
Merchant can set the rules for the bonus points disbursement on ratio basis. For eg :
Rule : For payment between 0 – 10000 mmk, every 100 kyats will receive 10 bonus points.
If a customer pay 5000 mmk, he/she receive 500 bonus points.
If a customer pays 6000 mmk, he/she receives 600 bonus points
If a customer pay 5500 mmk, he/she receives 500 bonus points.