KinerjaPay Corp. (OTC QB: KPAY) Announces Partnership with 62hall – Forecasts 66% Growth by Q2 2017
KinerjaPay Corp. (OTCQB: KPAY) is new to EmergingGrowth.com.
KinerjaPay Corp. (OTCQB: KPAY), an ecommerce / digital payment company which allows consumers to “Pay, Play and Buy,” just announced a partnership with 62hall which has over 700 white label online stores under its brand which offer over 140,000 products and more than 1,000 types of services.
The goal of the partnership is to reach 1 million products and 10,000 types of various services by 2016 year end.
Currently KinerjaPay Corp. (OTCQB: KPAY), has 60,000 current members and is forecasting 100,000 members by Q2 2017.
In addition, management is forecasting around 2,000 daily transactions on its e-commerce platform, which will initially generate around $5.00 in revenue per user. However, KinerjaPay Corp. (OTCQB: KPAY) expects to see revenue per user rise to $15.00, as 2017 progresses.
KinerjaPay Corp. (OTCQB: KPAY) is also the first e-commerce website in Indonesia to accept Bitcoin as a form of currency, through its partnership with Bitcoin Indonesia. Through the partnership, KinerjaPay Corp. (OTCQB: KPAY) will not only allow Bitcoin holders to convert virtual currency to Indonesian Rupiah in order to make digital payments, but the company is also planning a Bitcoin mining platform for consumers.
KinerjaPay Corp’s partnership with Bitcoin Indonesia opens the door to Bitcoin Indonesia’s 150,000 Account holders and potential customers.
Overall, KinerjaPay Corp. (OTCQB: KPAY) stands to benefit from its three-prong business model, consisting of digital payment solutions, e-commerce marketplace, and gaming rewards/loyalty program. Considering the global digital payment industry is forecast to see revenues expand to $1.08 trillion and the relatively untapped Indonesian digital payment market, KinerjaPay Corp. (OTCQB: KPAY) is prime to benefit in a region where more prominent U.S. digital payment options are not as popular.
About KinerjaPay Corp. (OTCQB: KPAY):
KinerjaPay Corp. through its wholly owned subsidiary PT Kinerja Pay Indonesia, enables consumers to "pay, play and buy" through its secure web portal and mobile applications. Based in Indonesia, the platform provides a secure payment solution as well as a growing virtual marketplace, where participants can buy and sell products and services. The Company also offers a number of in-app services that cater to mobile users, such as an eWallet, social engagement and digital entertainment related applications. KinerjaPay is also pursuing other eCommerce verticals including travel, fashion, gaming and productivity applications. The Company's services are available through its mobile applications and on its website at http://www.kinerjapay.com. For moreinformation,visit www.kinerjapay.co
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