KinerjaPay has become the first prominent e-commerce portal in Indonesia to let customers purchase goods using bitcoin. Launched today, the new payment method results from a partnership with Bitcoin Indonesia, the country’s leading bitcoin exchange platform.
The collaboration with Bitcoin Indonesia is part of KinerjaPay’s plans to tap into the digital currency area as the company intends to “establish relationships with Bitcoin’s Indonesia’s membership, currently in excess of 150,000 accounts.”
Edwin Ng, Chairman and CEO for KinerjaPay Corp., said he expects to see an increase in the volume of transactions on his platform.
Founded in May 2013, Bitcoin Indonesia is the leading bitcoin exchange platform in its home country and the largest exchange in trading volume in Southeast Asia.
The startup made headlines in September 2014 when it partnered with iPaymu to allow residents of Indonesia to buy and receive bitcoins over the counter at over 10,000 ‘Indomaret’ convenience stores, putting the digital currency within easier reach of the country’s large unbanked population, estimated at over 200 million, Bitcoin Indonesia’s founder Oscar Darmawan said back then.