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27 Aug 2024

Readen Holding Corporation (OTC Pink: RHCO) Announces the Partner Up of Readies and OpenCart, Reaching 400,000+ Merchants Worldwide

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Readen Holding Corporation (OTC PINK: RHCO), a Venture Capital Corporation focused on the Fintech, Online Payment, and E-commerce sectors, today announced the seamless integration of its innovative hybrid payment platform, Readies (www.readies.biz), operated by subsidiary Ares Technology Limited, into OpenCart — one of the world’s premier open-source e-commerce platforms. This strategic alliance significantly expands Readies’ reach, making it accessible to over 400,000 active OpenCart merchants worldwide. As part of this initiative, Readies will be featured as a prime payment solution on OpenCart, with all onboarding fees waived for merchants, providing them with enhanced payment options like never before.

Originally launched in late 2021 as an eVoucher payment system, Readies quickly became a favored choice among online merchants, particularly those in industries underserved by traditional payment providers, such as crypto, gaming, adult entertainment, food supplements, MLM, etc. The platform offers a secure, efficient, and user-friendly alternative for processing transactions.

The latest version of Readies has evolved into a cutting-edge hybrid payment solution, leveraging blockchain technology to enhance both security and privacy. Supporting over 100 payment options, including major credit and debit cards, local wallets, direct banking, and cryptocurrencies, Readies operates on the BNB Smart Chain, ensuring stable value transfers and robust protection against fraud. Despite its advanced technology, Readies remains simple to use, with 1 Readies equivalent to 0.1 EUR and no gas fees for customers. Merchants benefit from lower transaction fees and faster payout times, making it an attractive option for a wide range of businesses.

Readies is fully compatible with the latest OpenCart Cloud, the most advanced version of OpenCart, as well as all other versions of OpenCart, and is available as an extension in the OpenCart Marketplace. OpenCart Cloud represents the cutting edge of e-commerce technology, offering merchants a cloud-based, scalable solution designed to handle the demands of modern online businesses with unparalleled flexibility and ease. OpenCart merchants can easily download the Readies extension and integrate it into their online stores, simplifying the process of adding a robust, versatile payment solution. Unlike platforms like WooCommerce, Shopify, or PrestaShop, OpenCart offers merchants the freedom to develop tailor-made payment functions, making Readies a spectacular solution that’s perfectly suited to their needs.

With its integration into OpenCart, Readies is now accessible to over 400,000 merchants worldwide, significantly expanding its market reach. This collaboration is expected to not only enhance the payment options available to OpenCart merchants, but also drive growth for OpenCart by offering a payment solution tailored to the needs of many of its users, making it a perfect match for both platforms. Looking forward, Readies and OpenCart will explore more collaboration opportunities, including initiatives to provide incentives to developers who choose to integrate Readies into their solutions.

Ridzky Berg, CEO of RHCO, commented, “Our collaboration with OpenCart is a pivotal step not only in expanding the accessibility of Readies but also in driving significant growth for our company and value for our shareholders. By integrating our innovative payment solution into OpenCart's vast ecosystem, we are tapping into a global network of over 400,000 merchants. This expansion is expected to accelerate Readies’ adoption, thereby increasing transaction volumes and revenue streams. As more merchants adopt Readies, we anticipate a substantial positive impact on our financial performance, further strengthening our market position and delivering long-term value to our shareholders.”

About OpenCart

OpenCart is a powerful and widely adopted open-source e-commerce platform, first launched in 2008. It has since evolved into a trusted solution for businesses of all sizes, providing the tools needed to create, customize, and manage online stores with ease. With the recent introduction of OpenCart Cloud, the platform now offers a cloud-based, scalable solution designed to meet the demands of modern e-commerce. Serving over 400,000 active merchants globally, OpenCart continues to be a leader in the e-commerce industry, offering a vast marketplace of extensions, themes, and integrations.

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