Press & Media
Hong Kong 26-10-2021
RHCO ANNOUNCES OKEPAY’S INTEGRATION WITH ALIPAY AND WECHAT PAY
Readen Holding Corporation (OTC: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced that OkePay, the comprehensive back-end Payment Platform operated by its 100% owned subsidiary OkePay Asia, has fully integrated with Alipay and WeChat Pay, two of the top digital payment platforms in the world. The integration not only enables OkePays users to seamlessly pay through Alipay, AlipayHK, WeChat Pay and WeChat Pay HK, but will also connect OkePays merchants with over 1.2 billion potential customers in China and the Asia Pacific region.
Alipay (www.alipay.com) is the worlds leading digital payment and lifestyle platform operated by Ant Group and established in 2004 by Alibaba Group and its founder Jack Ma. It overtook PayPal as the world's largest mobile payment platform in 2013 and has over 900 million active users today, serving over 1.3 billion users worldwide with its partners.
WeChat Pay (pay.weixin.qq.com) is a mobile payment and digital wallet service by WeChat based in China, that allows users make mobile payments and online transactions. WeChat is a Chinese multi-purpose instant messaging, social media and mobile payment app developed by Tencent. First released in 2011, it became the world's largest standalone mobile app in 2018, and has 1.24 billion active users today. As of 2021, WeChat Pay has over 900 million users.
OkePay, the comprehensive back-end Payment Platform operated by RHCO, can accept standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, and other mobile wallets and e-vouchers. The integration of Alipay and WeChat Pay propels OkePay to another level of global reach, further expanding its significant portfolio of payment methods. This enables OkePays clients to seamlessly market to the Alipay and WeChat Pay network of e-wallet holders. Merchants will be able to accept one-time and recurring payments from China and Asias leading local e-wallet holders in the currency relevant to that payment method.
Richard Klitsie, CEO of RHCO stated, We always aim to provide more payment options that expand our clients potential customer base and realize more global commerce possibilities. OkePays integration with Alipay and WeChat Pay is a solid move to achieve our goal, and also an essential synergy of our OkeApp and E-commerce business.
Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 19-10-2021
RHCO ANNOUNCES COOPERATION WITH WORLDLINE
Readen Holding Corporation (OTC: RHCO), a Venture Capital Corporation, active in the Fintech, Online Payment and E-commerce industries, today announced that its wholly-owned subsidiary, OkePay Asia Limited, hae signed a Collaboration Agreement with DevCode Payment AB, a subsidiary of Bambora (now known as Worldline). The strategic partnership would bring OkePay and Readies, the comprehensive back-end Payment Platform and the Prepaid e-Voucher operated by RHCO, to all the merchants that have a connection with Worldline.
Worldline (Euronext: WLN), is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly secure payment transaction processing, a broad portfolio of payment terminals, as well as e-ticketing and digital services in the industrial environment. In 2020, Worldline generated a proforma revenue of 4.8 billion euros. www.worldline.com
The collaboration will let all merchants connecting with Worldline have the option to pay by OkePay or Readies. OkePay, the comprehensive back-end Payment Platform operated by RHCO, accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, along with Alipay, WeChat Pay and other mobile wallets and e-vouchers. And Readies is an online payment method that allows people to pay online easily, securely and anonymously. It is the perfect online payment solution for those who value data security, want to keep track of their spending, or simply do not have a bank account or credit card. Readies e-voucher aimed at consumers who want to protect their privacy and security when trading online, gambling, gaming or in the entertainment industry.
Richard Klitsie, CEO of RHCO stated, "Worldline is a worldwide leader in the payments and transactional services industry, and we are excited to work with Worldline. The collaboration will certainly expand OkePay and Readies coverage to more merchants instantly and provide seamless service to consumers all over the world. We expect the accessibility of OkePay and Readies to be enhanced, thus bringing us notably increased revenues.
Readen Holding Corp. is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 23-09-2021
RHCO ANNOUNCES PARTNERSHIP WITH MEZZOFY
Readen Holding Corp. (OTC: RHCO), a Venture Capital Corporation, active in the Fintech, Online Payment and E-commerce industries, today announced that its wholly- owned subsidiaries, OkeApp and OkePay, have signed a Collaboration Agreement with Mezzofy, a leading Digital Coupon Platform in Asia. The strategic partnership would integrate existing Mezzofy merchants into OkeApp and OkePay instantly.
Established in 2014 and headquartered in Hong Kong, Mezzofy ( www.mezzofy.com ) has led the transformation of the coupon industry over the last seven years. As a coupon solution provider for merchants, developers and marketers, Mezzofy has established a strong foothold in the Asian coupon market, and merchants are using Mezzofy app worldwide to issue coupons. The merchant base includes many well-known brands such as, MasterCard, Maxims Group, Starbucks, Giorgio Armani, GS1, NTT, Loreal, YSL and the list is growing every day. Mezzofy has handled an estimated 300 million coupons, which has a value of over 30 billion HK dollars, through over 10,000 outlets.
The collaboration will allow OkeApp to have full access to Mezzofys merchant base, and Mezzofy will assist in the integration between OkeApp and the merchants. RHCO originally forecasted to sign between 8,000 and 10,000 new merchants on the OkeApp platform within the next twelve months in Hong Kong, which will eventually bring 4 million payment transactions per month. With this strategic partnership with Mezzofy, OkeApp will speed up the process of onboarding merchants. It will also further optimize the utilization of OkePay, a comprehensive back-end Payment Platform operated by RHCO, which accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, along with Alipay, WeChat Pay and other mobile wallets and e-vouchers.
Richard Klitsie, CEO of RHCO stated, Mezzofy is the most successful digital coupon platform globally, and we are excited to partner with Mezzofy. The collaboration not only brings OkeApp their existing merchants, but will definitely realize OkeApp and Mezzofys potential to achieve an even higher level by joining forces.
The newest version of OkeApp is available for download from Apple App Store and Google Play Store.
Readen Holding Corp. is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 1-06-2021
RHCO ANNOUNCES LAUNCH OF THEIR REVOLUTIONARY “OKEAPP”
Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that its wholly owned subsidiary, Oke Partners, has launched its State-Of-The-Art, OKEAPP www.okepartners.com . The Company believes that its OKEAPP will be a market-leading referral app and an industry Game Changer. The advantages of OKEAPP are its breadth and uniqueness, with enormous benefits to all participants.
OKEAPP is a totally unique solution for Consumers and Merchants, which are both facing difficulties during the COVID-19 pandemic. As the Consumers will gain notable discounts using the OKEAPP, no direct payment fees are applied to the participating Merchants. The Merchants will reap the benefits of above and below the line marketing campaigns provided by the OKEAPP. In addition, the OkePartners who contribute in recruiting Consumers, will get cash rewards with any transactions made by such Consumers through the OKEAPP with the participated Merchants.
The methodology of OKEAPP is entirely revolutionary and ground-breaking in its unique adaptation of benefiting both the Merchants and Consumers, whilst also accommodating the Payment Platform Provider.
RHCO already operates a comprehensive back-end Payment Platform, OKEPAY, which accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, along with Alipay, WeChat Pay and other mobile wallets and e-vouchers. The new addition and implementation of OKEAPP adds another dimension. RHCO's OKEAPP now brings Consumers and Merchants together in a discount platform. RHCOs OKEPAY, as a Payment Platform Provider, accepts the Consumers payment, and then pays the Merchants, minus the discount. The launch of OKEAPP will optimize the utilization of OKEPAY.
RHCO has forecast to sign between 8,000 and 10,000 new Merchants on the OKEAPP platform within the next twelve months, which will eventually bring 4 million payment transactions per month. The revolutionary OKEAPP will push RHCO into the most unique Payment Service Provider category in the history of payments, starting in Hong Kong and then progressing globally. OKEAPP has been approved by both Google Play Store and Apple App Store and will be released in June.
Richard Klitsie, CEO of RHCO stated, OKEAPP brings Consumers to the Merchants premises, which reverses the traditional philosophy of bringing Merchant products to Consumers. We have turned this around 180 degrees. This is a WIN/WIN for Consumers and Merchants via a mobile phone app, which directly interfaces the Merchants offerings and promotions to the OKEAPP Consumers, along with the associated price reduction. We are proud to present OKEAPP to the Hong Kong Consumers and see exponential global growth following.
Readen Holding Corp. is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 19-03-2021
RHCO ANNOUNCES LAUNCH OF VIRTUAL PAYMENT SOLUTION (VPOS) ON ITS OKEPAY PAYMENT GATEWAY
Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that the Company has officially launched its revolutionary and eagerly awaited Virtual Payment Solution (VPOS) on its Okepay Payment Gateway. Users can now pay and receive credit card payments on their cellular phone, even on the go and can do so, anytime and anywhere. Small enterprises and mobile businesses can now accept in-store digital card payments on the go, using cellular phone devices. Following todays launch,
Okepays VPOS is a virtual Point of Sale. To register and open an account, simply go to Okepay VPOS https://play.google.com/store/apps/details?id=com.okepay.nfccardread&hl=... at the Google Play Store. OkePay VPOS will be available at the App Store in the coming days.
The Okepay VPOS provides a safe, convenient and easy way for merchants to be paid using their own connected cell phone as a Point of Sale (POS) device, while consumers can pay for goods and services using any kind of debit or credit card including most of the payment apps and digital wallets. Using the Okepay VPOS App, merchants can quickly and easily apply for an affordable merchant facility and authenticate their credentials ad your bank account and start to received payments
With the Okepay VPOS, merchants can increase revenue by accepting digital card payments and reduce their exposure to the risks and costs of managing cash. Payment is immediate and is guaranteed. VPOS also reconciles payment and Value Added Tax to offer even more efficiency and time-savings to the merchant and is more affordable than traditional POS or mobile POS devices. For consumers, the Okepay VPOS app offers a simple, convenient and trusted digital platform that provides a fast and safe shopping experience.
Okepay.biz, a wholly owned RHCO subsidiary, will continue developing new payment solutions for the convenience of the consumer and merchants.
Richard Klitsie, CEO of RHCO stated, We designed the Okepay VPOS to meet the needs of merchants who do business on the move and need to accept credit card payments wherever they are conducting business We see enormous potential for the solution for our global operation, especially with the large number of informal traders and the growing population of Smartphone users.
RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 11-02-2021
RHCO ANNOUNCES LETTER OF INTENT (LOI) FOR THE PURCHASE OF OKEPAY NEW ZEALAND
Readen Holding Corp. (OTC: RHCO), RHCO announced today, as they enter the US$ 4.7 trillion (2020 estimates) payments market and on the strength of a European PSP License, that they have signed a Letter of Intent (LOI) for the purchase of OkePay New Zealand and its subsidiary OkePay Asia Limited.
OkePay is a go-to payment gateway solution that enables a merchant to accept all major payment methods which is supported by an easy integration process and active support team.
RHCO see this acquisition as an ideal springboard to launch two proprietary products which are currently in the testing phase of development and due for imminent release. These products will not only boost the merchants revenue but the zero-commission merchant strategy and will add to OkePays daily increase in merchant acquisition.
The LOI outlines RHCOs offer to purchase 100% of OkePay NZ from the private individual shareholders for US$ 1 million in cash and 75 000 000 RHCO Restricted shares.
Mr. Richard Klitsie, CEO, said We are very pleased to sign this LOI with OkePay NZ. As we continue with our restructuring and aggressive growth strategy, our innovative approach through the development of our proprietary products will strengthen our goal to challenge and be real competitor. He went on to say Our strength in the payments sector will produce a network effect as we transition our traditional retail business Neckermann Direct (Benelux) from an online store to an eCommerce platform, with payments at the core.
About READEN Holding Corp.
RHCO is a venture capital company. For over 30 years RHCO has been finding value opportunities in the retail, agriculture, real estate and Fintech sectors. RHCO strives to deliver a structured balance between short-term revenue and long-term outperformance multiples. RHCO has subsidiaries and liaison offices in Europe and Asia.
For further information please contact RHCO atinfo@readenholdingcorp.comor +852 3950 5911
The RHCO corporate email address isinfo@readenholdingcorp.com
The RHCO corporate website can be accessed atwww.readenholdingcorp.com
OkePay can be found at www.okepay.biz
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 23-08-2020
OkePay is currently the fastest growing digital payment provider across all available branches and it provides you the best solutions and connects you with their global network of renowned acquiring banks. They gave you access to the broad network of trusted banks, payment institutions, payment facilitators and merchant service providers.
The last few months have brought challenging times to all industries. COVID-19 has sped up the shift in payments as many companies move to digital to survive. Payment platforms need to respond to demand.
Many companies had two options for facing the crisis: close the business down or adjust rapidly. But the fact is that businesses have various levels of access to new technologies and digital tools OkePay is the business service for all types of business across all industries and Organizations.
It's main focus is to grow their merchant base internationally and expand acquiring bank partnerships. The services of OkePay are fully customized according to the customers specific business needs. They don't care about regional limitations or any other compliance issues.
Through their global network of gateways and acquiring banks, they are able to arrange merchant account solutions with a payment gateway or virtual terminal for almost any industry or country, as well as POS in-store payment solutions for the entire EU region.
They offer multi-currency processing with over 150 currencies, domestic merchant accounts in the UK or EU with low interchange pricing from as low as 0.95%, recurring billing, MOTO processing, a solid solution for a high-traffic online gambling website and even pharmaceutical sites.
OkePay specialises in payment solutions to businesses in high risk industries. Their banks are willing to accept the liability for the increased risk associated with those businesses that are categorized as needing high risk accounts. It’s high risk payment gateway makes high risk credit card processing safer and more secure with integrated fraud solutions.
"The Challenge for banks isn't becoming "digital" - it's providing value that is perceived to be in line with the cost - or better yet, providing value that consumers are comfortable paying for."
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Hong Kong 08-08-2020
Okepay Asia Ltd signed a official agent agreement for their expansion in the Australian and Australasian market.
Because of their fast increasing client base on their online payment platform, Okepay is one of the fasted growing payment solutions globally.
With Rk Associates & Advisory Ltd, we believe we've found the perfect partner to market and service our clients in their part of the world.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Auckland 10-08-2020
OKEPAY NZ LTD announced that the development of their new payment App will be ready and launched in September.
This will make it possible for their clients (Merchants) to receive Funds online through there V POS app.
This is the solution for people who are delivering products at the door with a COD payment or any use for small and larger Merchants globally.
The Okeapp will be available in the Android app store in the month of September.
Forward-looking statements may be identified by the use of the words "anticipates", "expects", "intends", "plans", "should", "could", "would", "may", "will", "believes", "estimates", "potential" or "continue" including both variations or similar expressions.These statements are based upon the current expectations and beliefs of management but are subject to certain risks as well as uncertainties that may cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to those discussed in Okepay Asia Ltd postings Disclosure & News Service and any future filings where factors are incorporated herein by reference.Readers are cautioned not to place undue reliance on any of these forward-looking statements. Okepay Asia Ltd undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.