IPSI today announced that it has entered into a Referral and Partnership Agreement with TabaPay, Inc., a leading real-time payment network

Rhea-AI Summary

Innovative Payment Solutions (OTCID: IPSI) announced a Referral and Partnership Agreement with TabaPay on October 22, 2025, granting IPSI referral and integration access to TabaPay’s real-time payment network.

Key points: IPSI can access the ~$150 billion 2024 US online gaming transaction market, offer clients instant payments and settlement via TabaPay’s platform, and leverage connectivity to 14 major networks and 18 partner banks. IPSI will earn referral-based commissions for qualified merchants introduced to TabaPay. The deal aims to expand IPSI’s presence in gaming, sportsbook, digital commerce, and cross-border payments by using TabaPay’s unified API, least-cost routing, and real-time rails.

Positive

• Access to $150B 2024 US online gaming transaction market
• 14 major networks connectivity through TabaPay
• 18 partner banks supporting real-time transactions
• Referral-based revenue stream for qualified merchant introductions

Negative

• Referral commission terms and revenue timing are not disclosed, creating near-term revenue uncertainty

LAS VEGAS, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Innovative Payment Solutions, Inc. (OTCID: IPSI) (“IPSI” or the “Company”), a provider of merchant processing and cross-border digital payment solutions, today announced that it has entered into a Referral and Partnership Agreement with TabaPay, Inc., a leading real-time payment network serving FinTech’s, banks, and merchants across multiple sectors, including gaming, wagering, and online commerce.

Under the agreement, IPSI will act as a referral and integration partner for TabaPay’s payment solutions, enabling new revenue opportunities within online gaming, sportsbook, and digital commerce. In 2024 the total online gaming transactions in the US approximated $150 billion, a market which based on the TabaPay agreement, IPSI can now access. The collaboration will allow IPSI to provide its clients with access to instant payments and settlement capabilities through TabaPay’s proprietary platform, which connects to 14 major networks like Visa and Mastercard, as well as 18 partner banks supporting real-time transactions.

TabaPay enables instant money movement across multiple payment rails, including card networks, RTP (Real-Time Payments). Its unified API architecture provides direct connectivity that bypasses gateways, ensuring least-cost routing, intelligent transaction optimization, and faster settlement for merchants.

“This partnership with TabaPay represents a major step forward for IPSI as we expand into new high-growth verticals,” said Bill Corbett, Chairman and CEO of Innovative Payment Solutions, Inc. “By leveraging TabaPay’s powerful real-time payment infrastructure and extensive network and bank connectivity, we can deliver faster, more secure, and compliant payment solutions to our clients, particularly in the gaming and sportsbook markets.”
Through this partnership, IPSI will receive referral-based commissions for qualified merchants introduced to TabaPay. The agreement is designed to strengthen IPSI’s strategic position within the fintech ecosystem, leveraging both companies’ technologies to accelerate real-time payment adoption across gaming, entertainment, and cross-border commerce sectors.

About TabaPay
TabaPay is a full-stack payments platform enabling instant money movement across cards, bank transfers, and real-time rails for FinTech’s, banks, and merchants. Its network integrates directly with 14 major networks, including Visa and Mastercard, and connects to 18 sponsoring banks to support instant disbursements, payouts, and merchant acquiring. TabaPay’s infrastructure powers major FinTech’s and financial institutions with a focus on scalability, security, and compliance across all payment types.

About Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (OTCID: IPSI) is a Las Vegas-based digital payments and merchant acquiring company focused on delivering real-time, cross-border, and high-efficiency payment solutions to underserved verticals including gaming, e-commerce, and fintech markets.

Email: info@ipsipay.com
Website: https://www.ipsipay.com/
Telephone: +1-707-609-4797

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or performance to differ materially from those expressed or implied. Such factors include, but are not limited to, market conditions, regulatory developments, and the Company’s ability to execute its business plan. Readers are cautioned not to place undue reliance on forward-looking statements. IPSI undertakes no obligation to update these statements to reflect events or circumstances that occur after the date of this release, except as required by law.

FAQ

What did IPSI announce on October 22, 2025 regarding TabaPay (OTCID: IPSI)?

IPSI entered a Referral and Partnership Agreement to refer and integrate TabaPay’s real-time payment solutions for merchants in gaming, sportsbook, and digital commerce.

How does the IPSI–TabaPay deal affect IPSI’s access to the online gaming market?

The agreement gives IPSI potential access to the approximately $150 billion 2024 US online gaming transaction market via TabaPay connectivity.

What payment network connections does TabaPay provide under the partnership with IPSI?

TabaPay’s platform connects to 14 major networks like Visa and Mastercard and 18 partner banks supporting real-time transactions.

Will IPSI receive payment for merchant referrals to TabaPay and how much?

IPSI will receive referral-based commissions for qualified merchants, but the press release does not disclose commission rates or expected revenue.

What merchant benefits does IPSI plan to offer through TabaPay integration?

Merchants will gain access to instant payments, faster settlement, least-cost routing, and intelligent transaction optimization via TabaPay’s unified API.