OKPAY Payment System Becoming a EU Regulated Company

OKPAY has introduced the launch of beta website www.okpay.eu as the first step towards transition to a Cyprus regulated financial institution.

Limassol, Cyprus, October, 25, 2016 -- OKPAY Inc. has been providing financial services since 2010. Today, OKPAY is starting to operate in Cyprus under the regulatory supervision of the Central Bank of Cyprus.

"Our main goal has always been empowering our customers' personal and corporate financial experience," said George Paphitis, CEO of OKPAY CY. "I truly believe that by connecting countries, currencies, businesses, and professionals we are helping our customers succeed in more ways than ever before."

OKPAY aims to expand internet commerce with unique innovations that improve all the ways electronic payments are used every day.

With the help of a world-class IT specialists team, OKPAY is constantly gaining new features. Having an OKPAY account guarantees its owner early access to the most recent financial instruments.

"We love the web, creating and implementing fresh ideas and services is our passion," said Konstantin Romanovsky, head of IT department. "New user area features dramatically improved interface that is advanced and user-friendly like never before."

Modern technology and the Internet are creating exciting new business opportunities all over the world. Thousands of entrepreneurs from over 200 countries and territories – professionals, start-ups, and digital platforms actively establish global businesses. Everyday challenges they face in getting paid and making payments for cross-border contracts can be easily overcome with the help of a professional financial service like OKPAY.

"We believe that current financial limitation is not a problem of a financial nature but mostly a service-based limitation," continues George Paphitis, CEO of OKPAY CY. "We obsessively seek out elegant solutions that allow us to create robust, scalable, and flexible integrations. OKPAY is built for developers and creators of any kind. We avoid needless complexity and extraneous details, that's why you can set up your business with OKPAY in just a couple of minutes."

About OKPAY:

People behind OKPAY are businessmen with vast practical experience in the field of electronic commerce, financial software development, banking, product marketing and Internet sales since 2007.

OKPAY CY Ltd (reg. #296419) is duly licensed by the Central Bank of Cyprus (E-Money Issuer License #115.1.3.3) to issue electronic money and payment instruments. OKPAY® is a registered trademark of OKPAY CY Ltd. Visit http://www.okpay.eu

Contact:

Konstantin Romanovsky

OKPAY

84, Spyrou Kyprianou Avenue

Limassol, Cyprus 4004

+357 25254858

kr@okpay.com

https://www.okpay.eu