PayerMax Makes a Strong Debut at G-STAR Korea, Championing Seamless Global Payment Solutions for the Gaming Industry

SEOUL, South Korea, Nov. 18, 2024 /PRNewswire/ -- PayerMax, a leading global fintech company, made its inaugural appearance at G-STAR Korea, one of the world's most prestigious gaming events. This milestone marks a significant step in PayerMax's efforts to expand its footprint in South Korea's rapidly growing gaming and digital payment markets.

"We are thrilled to participate in this year's G-STAR Korea," said Wang Hu, Co-founder of PayerMax. "South Korea is a dynamic hub for digital entertainment and payments. By engaging with both global and local developers, we aim to support businesses' global expansion with our one-stop, locally-tailored payment solutions."

With South Korea's gaming industry continuing to thrive, PayerMax is dedicated to helping game developers maximize revenue potential. During G-STAR, PayerMax highlighted a gaming client with targeted payment marketing support during a major gaming tournament, resulting in a 153% increase in transaction volume and a 180% growth in successful orders during the campaign—underscoring PayerMax's capability to drive significant growth in the gaming sector.

South Korea is globally recognized for its vibrant mobile and online gaming industry, drawing an increasing number of international developers. According to Sensor Tower data, South Korea's mobile gaming market accounts for 58% of its gaming revenue, positioning it as a crucial region for global developers. Revenue from mobile games in South Korea reached $2.75 billion in the first half of this year, up $30 million from the same period in 2023.

The country's digital payment sector is also expanding rapidly, driven by popular platforms such as NAVER Pay and Kakao Pay. With high digital payment penetration and a strong appetite for technological innovation, South Korea presents fertile ground for companies like PayerMax to offer efficient, localized payment solutions.

PayerMax is committed to building a robust presence in South Korea, aiming to support businesses with a comprehensive suite of services that go beyond standard transactions. Leveraging deep expertise in compliance, marketing, financial management, and risk control, PayerMax has developed a comprehensive value-added service tailored to address the unique needs of South Korean enterprises. This approach enables PayerMax to meet the demands of high-efficiency digital transactions while ensuring secure, seamless experiences for merchants and users alike.

At G-STAR, PayerMax emphasized its role in helping South Korean businesses access the global market. By offering payment methods compatible with local platforms such as NAVER Pay and Kakao Pay, PayerMax enables companies to cater to both local and international customers. Additionally, its advanced Smart Routing technology and robust anti-fraud system ensure secure, reliable transactions critical for high-volume businesses.

As PayerMax deepens its investment in South Korea, it remains focused on fostering long-term partnerships with local businesses and developers. With a commitment to innovation and tailored solutions, PayerMax will continue to empower companies to succeed both locally and globally.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

PayerMax Makes a Strong Debut at G-STAR Korea, Championing Seamless Global Payment Solutions for the Gaming Industry

ORDOS, China, Nov. 17, 2024 /PRNewswire/ -- Arrctech, the world's solar tracking and racking solutions provider, announced that its 1P single-axis dual-row solar tracking system SkyWings has facilitated the on-time grid connection of Mengxi Blue Ocean Photovoltaic Power Station, the world's largest single-capacity solar plant built on coal mining subsidence area. By adopting SkyWings, the plant's annual average grid-connected capacity is enhanced by an impressive 7.41%, greatly improving the ROI.

SkyWings, equipped with Arctech's synchronous multi-point drive mechanism and innovative torque tube design with exceptional bending and torsion resistance, can maintain normal operation even in wind speeds of up to 18m/s (level 8 gale), resulting in an increase of up to 2% in power generation. Powered by its second-generation AI algorithm, SkyWings can calculate the optimum tracker tilt across various terrains and environments, enabling real-time shading avoidance and leading to an additional energy generation boost of up to 8%.

Moreover, to better accommodate the irregular and undulating topography of the plant, Arctech provided a customized SkyWings solar tracking solution that incorporates terrain following capabilities. The tolerance for undulation between adjacent rows is set at 20% in the east-west direction and 15% in the north-south direction. Additionally, Arctech tailored the design of post height to maximize space beneath the solar panels, facilitating agrivoltaics practices. Consequently, farmers are now able to cultivate crops and raise livestock underneath solar panels, achieving both economic and ecological benefits.

To mitigate pollution and ecological damage to the grassland during both construction and operation, SkyWings employs one-piece H-shaped steel piles, while the construction team utilizes on-site static pressure construction. Moreover, following 25 years of safe power station operation, approximately 90% of the steel pipe piles of SkyWings remain suitable for recycling purposes, thereby reducing waste discharge by around 60% compared to traditional concrete piles.

Upon operation, this plant is expected to generate 5.7 billion kilowatt-hours of electricity annually, sufficient to power two million households. Each year, it can save 1.71 million tons of standard coal and reduce carbon dioxide emissions by about 4.7 million tons â€” equivalent to planting 62,700 hectares of trees.

The utilization of Arctech's SkyWings in this plant further demonstrates its versatility as a solar tracking system capable of adapting to diverse scenarios, including agrivoltaics, irregular terrains, coal mining subsidence areas, and more.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Arctech's SkyWings Empowers the World's Largest Single-Capacity PV Power Plant Built on Coal Mining Subsidence Area