- Anticipated network of 1,000 self-service digital payment kiosks in California
- Cross-border payment solution between the U.S. and Latin America
- A joint venture of cutting-edge digital payment solutions and strategic leadership in growth finance strategy
QPAGOS (OTCQB: QPAG), a U.S.-based provider of digital payment services in Mexico, and DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, have agreed to establish a joint venture to launch a network of 1,000 self-service digital payment kiosks in California (http://nnw.fm/1jK5h). This joint venture is contingent upon expected operating, credit facility and supply agreements with Innovative e-Payment Solutions, LLC on or before July 1, 2018. Innovative e-Payment Solutions will work to leverage QPAGOS’s digital payment solutions with DPW’s strategic leadership to maximize this joint venture’s growth potential.
These cutting-edge digital payment kiosks will feature consumer payment to an anticipated library of over 10,000. These kiosks are an innovative cross-border payment solution between the U.S. and Latin America that will provide solutions between consumers and participating vendors, utilities and service providers, actively accepting both domestic and international payments. It is anticipated that these…
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