QPAG - Digital Payment Solutions to Mexico's Cash Economy


Headquartered in the United States, QPAGOS Corp (OTCQB:QPAG) delivers state-of-the-art digital payment services to consumers and service providers in Mexico, where 60% of the adult population does not have a bank account and where 80% of personal payments are made in cash.(OTCQB:QPAG) does so by operating a network of self service kiosks and applications that provide a consumers with a more convenient payment alternative.

The Company has shown year-over-year revenue growth of 518% between Q2 2015 and Q2 2016. (OTCQB:QPAG) success is created by a primarily cash based Mexican economy. The Company's growth drivers are found in high traffic verticals such as financial institutions, retail, and the government.

Mexico is the largest economy in Latin America with a population of 120 million. 60% of adults have no bank account and most payments are made in cash. Telecom in Mexico presents a unique opportunity for (OTCQB:QPAG) where 85% of mobile phone plans are prepaid in cash. In addition to telecom, there is a large market for prepaid and cash-based services in utilities, transportation, government fees, consumer credit, and insurance premiums.

On January 27th, 2017, (OTCQB:QPAG) announced the expansion of its network of self-service kiosks into Mexico City's Metro System. This is a vast networking system in Mexico comprising of 12 lines covering 226 KM, with over 180 stations carrying 1.6 billion passengers per year. Mexico City's Metro System is considers the world's eighth largest with over 4 million passengers per day.



















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