Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Indonesian ecommerce portal KinerjaPay to allow bitcoin transactions

KinerjaPay Corp., an Indonesian digital payment and ecommerce platform, has entered into a partnership with Bitcoin Indonesia – an online platform allowing buying and selling Bitcoin with Indonesian Rupiah – to accept bitcoin digital currency for transactions conducted on its platform.

Commenting on the partnership, Edwin Ng, Chairman and CEO for KinerjaPay Corp. said:

"This partnership enables us establish relationships with Bitcoin Indonesia's membership, currently in excess of 150,000 accounts, which we expect will boost the volume of transactions on our platform going forward."

With this announcement KinerjaPay has become the first ecommerce portal in Indonesia to accept and transact Bitcoin across its platform. It will now allow Bitcoin owners to convert the virtual currency to Indonesian Rupiah to pay their bills, transfer money, or make purchases in its ecommerce market.  

Under the agreement, members of Bitcoin Indonesia will receive special promotions and discounts for use at KinerjaPay ecommerce platform. 

In addition, KinerjaPay also revealed plans to introduce its own mining concept, allowing users to "mine" the virtual currency, which may eventually be converted into a cryptocurrency.

"We are also working to create a unique bitcoin mining element on our platform, something we believe will be very appealing to our users and will provide KinerjaPay with a real competitive advantage in the ecommerce sector”, Ng added.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.