Innovative Payment Solutions Inc (IPSI)

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I found this info on QPAG...

The company just announced the expansion of its network of self-service kiosks into Mexico City’s Metro System, formally known as Sistema de Transporte Colectivo (STC).

“With 12 lines covering 226 Km., and over 180 stations Mexico City’s Metro System carries over 1.6 billion passengers per year, or an average of over 4 million per day, and is considered among the world’s eighth largest.”

The company also just announced the expansion of its self-service payment solutions by MF AMIGA, S.A.P.I. de C.V. SOFOM ENTIDAD REGULADA (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.”