How Openpay works

Overview

Openpay is a money app for businesses and creators. You get one dashboard to hold balances, issue virtual cards, send money, send invoices and payment links, and see every movement in live reports.

Openpay is a technology company, not a bank. Accounts, cards and payment services are provided through Whop and its partners.

How it works

Openpay is the layer you use. The money itself moves on regulated infrastructure underneath it.

When you sign in, you sign in with Whop. Openpay acts on your account only with the permissions you grant. Openpay never holds your money directly: balances sit with Whop and its partners.

Getting started

1. 1Open an accountClick Open account and sign in with Whop. It takes about a minute.
2. 2Verify your identityVerification unlocks payouts, transfers and cards. You do it once.
3. 3Add moneyDeposit into your account, or get paid through an invoice or a payment link.
4. 4Spend, send and get paidCreate cards, send money and track everything from Home.

Want to look around first? The live demo opens a sample account with sample data. No sign-up needed.

Accounts & balances

Home shows your total balance, your holdings by currency, and your recent activity. Four actions are always one click away:

• Deposit adds money to your account.
• Send moves money to another person or business.
• Convert swaps between the currencies you hold.
• Withdraw moves money out to your bank or wallet.

Cards

Create a virtual card in a couple of clicks: one per subscription, vendor or teammate.

• Spending limits on every card.
• Freeze any card instantly, and unfreeze it when you're ready.
• Card activity shows every transaction per card.

Cards are issued through Whop's card partners and become available once your account is verified.

Payments & invoices

• Invoices: create, send and download a PDF. Customers pay by card from anywhere.
• Payment links: share a link and get paid without building a checkout.
• Send money to people and businesses from your balance.

Every payment lands in your activity feed as soon as it moves.

Reports

Reports show money in and money out over time. Filter your activity by type and date, and export it whenever you need it for accounting.

Fees

Payments, payouts, transfers and swaps carry the underlying fees of Whop and its partners. On some of these, such as payments you receive and crypto swaps, Openpay adds a small fee of its own on top. That is how Openpay earns money.

100% of the fees Openpay earns go to buying back $OPN. See $OPN token below.

Security

• Verified accounts: identity and business verification is built in.
• Sign in with Whop: Openpay never sees your Whop password.
• Card controls: spending limits and instant freeze.
• Real-time activity for every payment and transfer.

Openpay is a technology company, not a bank. Accounts, cards and payment services are provided through Whop and its partners. Openpay is not FDIC-insured.

$OPN token

$OPN is the Openpay token. It launched on pump.fun, on Solana.

The buyback

100% of the fees Openpay earns are directed to buying back $OPN on the open market. The more people use Openpay, the more fees there are, and the more $OPN gets bought back.

1. 1You use OpenpayCard spend, payments, invoices, transfers and swaps.
2. 2Openpay earns a feeIts own small fee, on top of partner fees.
3. 3100% buys back $OPNOn the open market, on Solana.

Buybacks are on-chain Solana transactions, so anyone can see them.

Contract address

View $OPN on pump.fun

Follow announcements on X at @OpenPayNetwork.

Good to know

• You don't need $OPN to use Openpay.
• $OPN is bought and held in your own Solana wallet, outside the Openpay app. Openpay doesn't sell, hold or custody $OPN for you.

$OPN is a crypto token on Solana. It is not equity, a deposit or a claim on Openpay, and its price can go to zero. Buybacks are made from fees Openpay actually earns. Not available inside the Openpay app. Not financial advice.

FAQ

Is Openpay a bank?

No. Openpay is a technology company, not a bank. Accounts, cards and payments are provided through Whop and its partners. Openpay is not FDIC-insured.

Where is my money held?

With Whop and its partners, not by Openpay directly.

Do I need $OPN to use Openpay?

No. Openpay works the same with or without $OPN.

Does holding $OPN give me a share of Openpay?

No. $OPN is not equity and gives no claim on Openpay, its revenue or its assets.

Can I buy $OPN inside Openpay?

No. $OPN trades on Solana, on pump.fun and other markets, from your own wallet.