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KinerjaPay Corp. (OTC QB: KPAY) Announces Partnership with 62hall – Forecasts 66% Growth by Q2 2017

Miami, FL -- September 16, 2016 -- InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on KinerjaPay Corp. (OTCQB: KPAY).


62hall has over 700 online stores under its brand. 

Over 1400 Products, and 1,000 types of Services
 

 
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.
 

 
Other Emerging Growth News

MGT Capital Investments, Inc.

MGT Capital Investments (NYSE: MGT), Inc. has been a phenomenon since May this year when the stock climbed from the .20’s to almost $6.00 per share before settling between the $3-4 dollar mark.  EmergingGrowth.com first covered the story on May 9^th. 

link: http://emerginggrowth.com/john-mcafee-returns-to-public-markets-as-mgt-capital-agrees-to-acquire-securityprivacy-technology/ 

EG than followed up two day later with a spotlight on John McAfee Himself. Link: http://emerginggrowth.com/emerginggrowth-com-spotlight-on-john-mcafee-rockstar-ceo/

It’s all about being at the right place at the right time.  Check out KinerjaPay (OTCQB: KPAY)

Fannie Mae

Let’s talk Finance, Let’s talk Payments. Fannie Mae (OTCQB: FNMA), is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold.

After four straight down trading sessions, the company saw an uptick to the tune of almost 10% on news and an 8K from the day prior.  Sell on the news?

Look at KinerjaPay (OTCQB: KPAY).  Payment Processing, where it’s lacking the most. 

Amarin Corporation

Amarin Corporation (NASDAQ: AMRN) noticed a 20% drop on Monday following their announcement their REDUCE-IT Cardiovascular Outcomes Study of Vascepa. 

The stock had it’s ups and downs on heavy volume since the end of July, raning 56% from $2.19 through 3.43 per share.  The candlesticks resemble a bit of stabilization around the $2.70 mark. 

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