Getting started with Okcash

How to use Okcash

 

1. Inform yourself

Okcash is different than what you know and use every day. Before you start using Okcash, there are a few things that you need to know in order to use it securely and avoid common pitfalls.

2. Choose your wallet

You can bring a Okcash wallet in your everyday life with your mobile or you can have a wallet only for online payments on your IoT device or in your computer. In any case, choosing your wallet can be done in a minute.

 

3. Get Okcash

You can get Okcash by accepting them as a payment for goods and services or by buying them from a friend or someone near you. You can also buy them directly from an exchange with your bank account.

4. Spend Okcash

There is a growing number of services and merchants accepting Okcash all over the world. You can use Okcash to pay them and rate your experience to help honest businesses to gain more visibility.



How to accept Okcash

 

1. Inform yourself

Okcash does not require merchants to change their habits. However, Okcash is different than what you know and use every day. Before you start using Okcash, there are a few things that you need to know in order to use it securely and avoid common pitfalls.

2. Processing payments

You can process payments and invoices by yourself or you can use merchant services and deposit money in your local currency or Okcash. Most point of sales businesses use a tablet or a mobile phone to let customers pay with their mobile phones.

 

3. Accounting and taxes

Merchants often deposit and display prices in their local currency. In other cases, Okcash works similarly to a foreign currency. To get appropriate guidance regarding tax compliance for your own jurisdiction, you should contact a qualified accountant in your country.


4. Gaining visibility

There is a growing number of users searching for ways to spend their Okcash. You can submit your business in online directories to help them easily find you. You can also display the Okcash logos on your website or your brick and mortar business.

What is Okcash?

Join the different OK communities