MF AMIGA Completes Order for Additional 30 Kiosks for a Total of 88
QPAGOS Kiosks Offering Their Customers the Convenience of Self
Service Payments

MEXICO CITY, MEXICO -- (Marketwired) -- 01/26/17 --  QPAGOS (OTCQB:
QPAG) announced today the expansion of its self-service payment
(AMIGA), one of Mexico's emerging SOFOMs. SOFOMs are non-bank
financial entities under Mexican law whose main objective is to
provide loans and credits.

AMIGA, with over 54 nationwide branches, through a 3rd party leasing
company, completed today the order of 30 additional QPAGOS kiosks for
a total of 88 self-service kiosks being deployed across their
network. AMIGA customers no longer have to wait in line to make their
weekly loan amortizations, and they can also make payments at the
kiosks for over 150 service providers in QPAGOS payments platform. 

On a visit to a QPAGOS kiosk AMIGA customers can also recharge their
mobile phones, pay their electric, water, gas and telephone bills, as
well as pay state and municipal services, and purchase movie tickets
and many more services.

Additionally, through a new QPAGOS mobile application, AMIGA agents
can also accept payments for AMIGA loans at the homes or businesses
of AMIGA customers through a tablet or mobile phone device, as well
as accept payments to the same portfolio of services available in the
kiosk and issue the corresponding printed receipt to the client.

"We believe QPAGOS self-service solutions are ideal to help us grow
our customer base, as well as expand the geographic coverage for the
benefit of our current and future customers," said Juan Carlos Duarte
Osorio, Director General of MF AMIGA.

Added Gaston Pereira, CEO and President of QPAGOS: "MF AMIGA is a
market leader in the adoption of technology to improve its range of
services and the satisfaction of their customers, and thus
differentiate themselves in the market place. The integration of
AMIGA payments in QPAGOS platform not only benefits each of their
branches, but should also allow AMIGA to expand their national
coverage as their payments will be extended to the more than 700
kiosks serviced by QPAGOS across the country. This basically allows
AMIGA to compete in a much larger market."


MF AMIGA, is an emerging non-bank regulated financial entity (SOFOM)
whose objective is to offer financial services to low income people
without access to commercial banks, allowing them to support their
customers with loans that helps them grow their entrepreneurial
initiatives. ( 

 United States based QPAGOS offers cutting edge digital payment
services for consumers and service providers in Mexico where 60% of
the adult population does not have a bank account and where 95% of
consumer purchases are made in cash. It operates a network of
self-service kiosks and applications offering alternative payment
more convenient for consumers and a more efficient billing platform
for service providers. ( 


This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All
statements other than statement of historical fact contained in this
press release are forward-looking statements. In some case,
forward-looking statements can be identified by terminology such as
"anticipate," "believe," "can," "continue," "could," "estimate,
"expect," "intend," "may," "plan," "potential," "predict," "project,"
"should," or "will" or the or the negative of these terms or other
comparable terminology and include statements regarding the expected
contribution of the QPAGOS platform to MF AMIGA and its plans to
expand to its national coverage. These forward-looking statements are
based on management's expectations and assumptions as of the date of
the press release and are subject to a number of risks and
uncertainties, many of which are difficult to predict that could
cause actual results to differ materially from current expectations
and assumptions from those set forth or implied by any
forward-looking statements. Important factors that could cause actual
results to differ materially from current expectation include, among
others, our ability to assist MF AMIGA in growing its customer base
and expanding its geographic coverage, our ability to generate
revenue streams from user fees, service provider fees, franchisee
fees, rental/management fees and advertising fees and the other risks
outlined under "risk Factors" in QPAGOS' Current Report on Form 8-K
dated May 13, 2016 and its other filings with the SEC, including
subsequent periodic reports on Forms 10-Q and 8-K. The information in
this release is provided only as of the date of this release, and we
undertake no obligation to update any forward-looking statements
contained in this release on account of new information, future
events, or otherwise, except as required by law.

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