QuePasa Signs Partnership with Hi-Media Payments

Quepasa Signs Partnership With Hi-media Payments to Bring Allopass Micropayment Solutions to Quepasa.com Users

Agreement With Global Leader in Micropayment Solutions Will Accelerate Monetization of Quepasa's Social Games and Premium Content Offerings

WEST PALM BEACH, FL--(Marketwire - April 5, 2010) - Quepasa Corporation (OTCBB: QPSA), creator of Quepasa.com, one of the world's fastest-growing Latino social networks, today announced its partnership with Hi-media Payments, the micropayments business unit of Paris-based Hi-media Group (ISIN Code FR0000075988 - HIM, HIM.FR). With this partnership, Quepasa plans to bring Hi-media's Allopass micropayments platform to Quepasa.com to help monetize its growing library of social games and premium content offerings.

The Allopass micropayments solution currently processes more than eight million transactions per month, making it the largest and most popular micropayment platform in Europe and Latin America. The company has established key partnerships across the virtual goods ecosystem and is set to unveil several new integrations over the next year.

"We chose to work with Hi-media Payments because of their long history of excellence in the micropayments space and their broad geographic coverage in Latin America. We want to provide many alternative payment options to our geographically dispersed user base at Quepasa and Allopass has, in our opinion, delivered the most robust and flexible offering in the industry, specifically with regards to mobile billing solutions," said John Abbott, CEO of Quepasa. "Our partnership with Hi-media Payments demonstrates Quepasa's commitment to bringing best-in-class solutions to facilitate the monetization of our rapidly growing user base."

"Quepasa is one of the fastest growing social networks in one of the fastest growing regions of the world, and an excellent partner for our wide range of micropayment and monetization solutions," said Pooj Preena, CEO of Hi-media USA. "With the addition of Quepasa to our network of publishing partners, we are able to provide their users with an integrated payment offering that supports locally relevant payment methods as well as those that are most popular with their demographic and traverse several countries in Latin America as well as the US. This integration expands our reach into the Latino social networking sector and is an excellent example of how Allopass can extend a virtual currency across an entire portfolio of social games and premium content offerings."

About Quepasa CorporationQuepasa Corporation (OTCBB: QPSA), headquartered in West Palm Beach, FL with offices in Los Angeles, CA; São Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX, owns Quepasa.com (www.Quepasa.com), one of the world's largest, trilingual, Latino social networks. Quepasa.com is an authentic Latino community that provides fun, interactive, and easy to use social tools, and rich multimedia content in English, Spanish and Portuguese to embrace Latinos everywhere, and empower them to connect online, compete in contests and games and share their interests, ideas, and activities.

About Hi-media Payments Hi-media Payments, through its product offering Allopass, is a leading provider of micropayment solutions worldwide with more than eight million transactions processed every month from thousands of merchant customers worldwide. The Allopass payment service offers multiple micropayment options at online checkouts, including billing through mobile phone or premium SMS; credit and debit cards, home phone billing, ISP billing, prepaid cards, and its own electronic wallet. The company's all-inclusive payment offering enables merchants to monetize in more than 60 countries. For more information visit www.allopass.com or visit our blog athttp://blog.hi-media.com.

Posted by John B. Frank Monday, April 5, 2010