JAKARTA, Indonesia, January 5, 2017 /PRNewswire/ --
KinerjaPay Corp. (OTCQB: KPAY), a digital payment and ecommerce platform, today announced that it is now serving over 100,000 customers in Indonesia, up from 50,000 in June of 2016.
KinerjaPay's primary services are its secure electronic payment solution and ecommerce marketplace. KinerjaPay also offers a number of related products and services, including an ewallet, digital games and entertainment, designed to increase social engagement and interaction with its users. The web and mobile services are available through the Company's website, http://www.kinerjapay.com and KinerjaPay Apps. In December 2016, the Company launched KinerjaMall, a dedicated marketplace that now features more than 170,000 unique products.
Edwin Ng, Chairman and CEO of KinerjaPay Corp, commented, "The endorsement of 100,000 users is an important milestone for KinerjaPay. We designed our platform to provide consumers with a secure ecommerce experience that is both easy and fun to use, and the growth in our user base indicates that consumers are finding value in our products and services."
Mr. Ng went on to say, "The recently launched KinerjaMall is one of only a handful of sites offering Indonesian consumers the opportunity to shop for quality products online, and our holiday sales events generated more than 1000 transactions per day in the month of December 2016. I am confident that these trends will persist as we continue to build brand awareness and add new features and applications to our family of services."
KinerjaPay enables consumers to "pay, play and shop" 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.
Notice Regarding Forward-Looking Statements
This press release may contain forward-looking statements, about KPAY's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, KPAY or its representatives have made or may make forward-looking statements, orally or in writing. Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by KPAY with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of KPAY's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause KPAY's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause KPAY 's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in KPAY 's filings with the SEC. In addition, KPAY operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. KPAY does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors associated with an investment in our securities which are included in our Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on February 11, 2016.
SOURCE KinerjaPay Corp.