Kinerjapay Corp (OTCMKTS:KPAY) Is A Glossy Ticket

Global retail e-commerce market will expand to $4.5 trillion by 2021, from an estimated $2.3 trillion this year, according to projections by market intelligence firm eMarketer. At $4.5 trillion in the next four years, the retail e-commerce market will still only be a sliver of the total global retail market at 16.1%. This implies tremendous growth opportunity for the online retail industry.According to the World Payments Report 2017, which was released just a few days ago on October 9, the global digital payments market is poised for robust growth over the next few years. The report, produced by consulting firm Capgemini and bank BNP Paribas, says that worldwide digital payment transactions will increase an at annual average rate of 10.9% to reach 726 billion transaction by 2021. Emerging markets and technology innovations such as connected homes, contactless bank cards and wearable devices are some of the catalysts fueling growth of digital payments market.There is one small cap company that is uniquely positioned to capitalize on the remarkable opportunities in e-commerce and digital payment industries. That company is Kinerjapay Corp (OTCMKTS:KPAY).In this piece we’ll talk about KPAY, examining significant developments that we believe will bolster its competition as an e-commerce and digital payments provider and maximize returns for shareholders.More details on this in a moment, but first take a look at the price action. KPAY Chart DailyHere’s a quick recap of what the chart above is saying. Investors in KPAY have seen their investments in the stock return more than 184% since the beginning of the year. As recently as a month ago, investors have collected more than 23% in returns from KPAY.Business model and industryLet’s examine the business model of KPAY briefly. KPAY is based in Indonesia but it has a global footprint. The company is engaged in providing digital payments and e-commerce services and solutions. Businesses can integrate KPAY’s technology to enable them to accept digital payments, including from sources such as e-wallets. Consumers can use KPAY’s platform to pay for utility bills, top up their phone credit, pay for online games and complete a wide range of other payment transactions conveniently on mobile or web.Robust growth continuesWe’re excited by how robustly KPAY is growing its revenues. On September 20, KPAY released a monthly sales update for sales made in August and contrasted the figures to the sales made in the prior month – July.The company reported August transaction revenue of $923,683, stemming from 200,000 transactions made during the month. That was a sharp increase from sales of $387,116 that stemmed from 70,000 transactions in July.Commenting on the robust growth, Edwin Ng, the CEO of KPAY, stated:

"We also have access to greater transactional data, which enhances our ability to provide valuable commercial information to our business partners, and create highly- targeted promotional campaigns which improves our customer's experience. The more convenient and beneficial we can make our products and services, the more likely that users will turn to KinerjaPay for all of their financial needs."

SourceGrowing consumer awareness of KPAY’s platform and services is fueling the robust transaction revenue growth.In light of what transpired in August, KPAY is on track to a huge sequential revenue increase.Why?Because revenues generated in August alone far exceeded the entire revenue the company reported for the second-quarter. That said, the upcoming third-quarter report could have a terrific impact on KPAY’s stock price.Expansion into games businessOn August 11, KPAY announced that it was expanding into the lucrative games industry with a service called KinerjaGames. For its entry into games industry, KPAY partnered with Singapore-based game developer Ace Legends Pte. Ltd (ACE).Under the deal, KPAY made a $100,000 investment in ACE and in exchange became the exclusive, worldwide Game Publisher License for ACE game.What does that mean?KPAY will host all the games currently published by ACE on its own KinerjaGames platform.KPAY made the move into games at a moment when Indonesia’s games prospects are glowing. According to business intelligence firm Statista, Indonesia’s mobile games market will generate $607 million in revenue this year, and revenues in the market will continue to grow to top $1.15 billion by 2021. What makes Indonesia’s games industry prospects compelling is the low user penetration, which is currently estimated at 31.2% and is projected to hit 51.4% by 2021.Commenting on the expansion into games industry, Edwin Ng, the CEO of KPAY, said:

"The partnership with ACE not only helps expedite our entry in the gaming sector, it will also add another 300,000 members to our current user-base. This endeavor is part of our strategy to create an "Online Reality Game" effect.”

SourceConclusion In light of the favorable reports we’ve seen streaming from KPAY, we see a breakout building up in the stock. This is partly because market participants are only beginning to become aware of this company’s compelling growth prospects.We will be updating our subscribers as soon as we know more. For the latest updates on KPAY, sign up below!Image courtesy of superno solucoes via FlickrDisclosure: We have no position in KPAY and have not been compensated for this article.