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Innovative Payment Solutions, Inc. (IPSI), along with its various entities, delivers digital payment solutions and services, with a primary focus on the Mexican market. The company engineers and oversees e-wallet platforms that enable users to convert physical cash into digital currency, which can then be transferred to merchants within its established network. Incorporated in 2013, the firm was previously known as QPAGOS, rebranding to Innovative Payment Solutions, Inc. in November 2019. Its corporate headquarters are located in Carmel-by-the-Sea, California.
Innovative Payment Solutions (OTCID: IPSI) and FINAP Form FINAP USA to Deliver Next-Generation Payment Technology Infrastructure Targeting Multi-Billion-Dollar North American Markets
Innovative Payment Solutions formed FINAP USA, a joint venture with FINAP Worldwide, to commercialize advanced banking and payment platforms throughout North America.
The newly created entity holds exclusive rights to market FINAP's proprietary technology portfolio, which includes earned wage access, merchant liquidity solutions, and a neo-bank platform.
This partnership aims to leverage IPSI's U.S. infrastructure to penetrate high-growth sectors such as gaming, sports betting, and cannabis payments.