JAKARTA, Indonesia, August 28, 2017 /PRNewswire/ --
KinerjaPay Corp., (OTC-QB: KPAY), a digital payment and ecommerce platform, ("Kinerjapay" or the "Company") today announced its partnership with three Indonesian charity institutions that support regional social welfare; Badan Amil Zakat Nasional (Baznas), Rumah Zakat and Dompet Dhuafa.
Edwin Ng, CEO of KinerjaPay Corp. commented on the announcement, "We are excited to launch this feature as we welcome Eid al-Adha, the festival marking the end of the Hajj pilgrimage to Mecca. The Muslim community makes up approximately 87% of the Indonesian population, and by partnering with three of Indonesia's most reputable charity institutions, we have enabled our customers to make donations and participate in Qurbani directly through the KinerjaPay App."
Fitriansyah Agus, Head of the National Retail Division of Badan Amil Zakat Nasional (Baznas) stated, "Our partnership with KinerjaPay will facilitate users ability to contribute to Baznas and other organizations that service the neediest among us. I am hopeful that this convenience will motivate users to make donations, which all goes to help reduce poverty across the country."
Irvan Nugraha, Marketing Director of Rumah Zakat, commented that "We welcome the opportunity to work with others who have the same vision and mission as Rumah Zakat; supporting community empowerment programs in education, health, economic empowerment and environmental sustainability initiatives. I am optimist that our relationship with KinerjaPay will attract more donors to our cause."
Dompet Dhuafa, the third organization in the announced partnership, is a non-profit institution that is also engaged in Zakat, Infaq, charity, and endowments. "The more institutions participating in the effort to raise awareness and funds, the easier it will be for Dompet Dhuafa to serve the community. We look forward to working with the team at KinerjaPay to accomplish those objectives," said Urip Budiarto, General Manager of Ziskur Mobilization at Dompet Dhuafa.
Mr. Ng concluded, "The ways that consumers use digital platforms to conduct financial transactions, such as banking and shopping, continues to evolve. KinerjaPay is always looking for ways to expand our traditional ecommerce services in order to best service the needs of our user-base - for both consumers and affiliates. Our success has been reflected in the Company's financial performance; KinerjaPay recorded a 40% increase in transactions in the first quarter of 2017 as compared to the last quarter of 2016."
KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. 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.
For more information, please visit our website http://www.kinerjapay.co. There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this letter.
SOURCE KinerjaPay Corp.