KinerjaPay Corp, an Indonesian digital payment and e-commerce platform, said its total transactions grew 192% in 2017, to 615.308 versus 320.224 total transactions reported in 2016. Total average revenue per user (ARPU) for the year was US$20.82, a 177% rise from the US$7.51 in 2016. Otherwise gross merchandise value (GMV) was US$2.84 million, up 328% compared with US$661,623 in 2016.
The company has build partnership with three multi-finance companies in Indonesia namely Columbia Cash & Credit, Mega Auto Finance and WOM Finance to cover 1.5 their million active customers and 300 cities. KinerjaPay also has partnership with Indonesian convenience store chain Alfamart and Indomaret to allow customers make payments on any transaction performed inside KinerjaPay platform.
