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KinerjaPay Launches New Payment Feature

  • By KinerjaPay Corp.
  • September 4, 2018

New feature can cover potential transaction from the customers of the biggest state bank in Indonesia

PR Newswire

JAKARTA, IndonesiaMarch 19, 2018 /PRNewswire/ --

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, ("KinerjaPay" or the "Company"), announced today its new payment feature. This feature is added to cover potential transaction from the customers of Bank Mandiri, or the biggest state bank in Indonesia.

Today, Bank Mandiri employs approximately 36,737 employees with 2,457 branches and 7 overseas branches / representatives / subsidiaries. Bank Mandiri's distribution service also includes 17,388 ATMs and 53,957 ATMs in ATM Link, ATM Bersama, ATM Prima and Visa / Plus, 286,861 Electronic Data Capture (EDC) as well as electronic network covering Internet Banking, SMS Banking and Call Center.

KinerjaPay released a new payment feature using Bank Mandiri virtual account. By adding this feature, KinerjaPay delivers convenience payment for its customers because of the wide range of large banks channel available. Furthermore, this feature will also be available across all KinerjaPay platforms. Users can process their transactions immediately, without having to wait for manual confirmation from the bank. By using virtual account, users do not need to send transfer evidence; they can pay according to the invoice. After the payment is successful, the billing system will recognize the transaction immediately.

Mr. Edwin Witarsa Ng, Chairman & CEO KinerjaPay Corp., commented on this feature launch: "Our primary mission is to provide consumers with a safe and convenient way to conduct financial transactions. We are excited to announce our newly added feature that can covers customers of the biggest state Bank in Indonesia. I believe our team is working hard to always give our users an innovative way to simplify our life that will provide KinerjaPay with a distinct competitive advantage, and result in a significant contribution to our revenue growth going forward."

About KinerjaPay 

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  

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 There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this letter.

Media Contact:
KinerjaPay Corp.

SOURCE KinerjaPay Corp.