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. RHCO’s 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, such as;
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.
For further information please contact RHCO at info@readenholdingcorp.com or +852 3950 5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at www.readenholdingcorp.com
The RHCO Twitter account can be accessed at https://twitter.com/readenrhco
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.
Contact
Readen Holding Corp.
+852 3950 5911