Innovative Payment Solutions Inc Stock Price, News & Analysis

Innovative Payment Solutions, Inc. (OTCQB: IPSI) will present a corporate overview at the LD Micro Main Event XV from October 25-27, 2022, at Luxe Sunset Boulevard Hotel, Los Angeles. CEO William Corbett and CFO Richard Rosenblum will discuss the ongoing development and commercialization of the IPSIPay® app and other initiatives. Interested parties can register for the presentation and one-on-one meetings via the provided portal. IPSI focuses on digital payment solutions, particularly for the underserved, facilitating cross-border transactions through its technology platform.

Innovative Payment Solutions, Inc. (OTCQB:IPSI) has announced the integration of MeMD, a telemedicine service acquired by Walmart, into its IPSIPay® app. This addition aims to provide healthcare access to unbanked and underserved communities, enhancing the app's utility. With around five million users, MeMD offers services including urgent and behavioral health care. IPSI's CEO, William Corbett, emphasized the significance of this service for improving users' quality of life.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) announced a new digital marketing campaign with National Positions. The campaign targets the unbanked and underserved, featuring celebrity spokesperson Mario Lopez to reach Hispanic Americans. With approval for money transfers across all 50 U.S. states and over 215,000 pickup locations globally, IPSI aims to increase awareness and user adoption of its IPSIPay app. CEO William Corbett expressed optimism about the partnership and its potential to attract new customers.

Innovative Payment Solutions, Inc. (OTCQB:IPSI) has received approval to send remittances from all 50 U.S. states, marking a major milestone for the IPSIPay mobile payment app. This achievement allows users to transfer money globally to over 215,000 payment locations, enhancing its commercial launch strategy aimed at unbanked and underserved communities. California's approval is crucial, representing the largest remittance source to Mexico, valued at $16.3 billion annually. IPSI plans to boost app downloads and user engagement to drive revenue growth.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) has partnered with DRUID to enhance its IPSIPay App, integrating conversational AI technology for improved user transactions through voice commands. This partnership aims to streamline remittances and various app functions while catering to migrant workers who speak multiple languages. The integration is expected to enhance user experience with a 95% accuracy rate in interpreting commands. William Corbett, CEO, highlighted this collaboration's potential in improving customer satisfaction for underserved communities.

Innovative Payment Solutions, Inc. (OTCQB:IPSI) has partnered with TV personality Mario Lopez to launch its digital payment solution, IPSIPay™. This collaboration aims to assist unbanked and underbanked communities in the U.S. and Latin America by facilitating secure, efficient cross-border payments. Lopez will promote IPSI’s services, leveraging his background and personal ties to address money transfer challenges faced by these communities. IPSI's e-wallet applications are set for a commercial launch, enhancing financial access for users.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) has announced the second-phase launch of the IPSIPay App after receiving approval from VISA for its debit card services. The new VISA debit card enables users to conduct transactions globally and withdraw cash from ATMs with minimal fees. The app now also allows cash deposits at major banks, enhancing its functionality for users in underserved markets. CEO William Corbett highlighted the card’s potential to facilitate easier, cheaper money transfers, aiming to integrate millions into the cashless economy.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) launched the IPSIPay App on January 31, 2022, enhancing digital payment access for remittances, cryptocurrencies, and precious metals. Targeting Mexico's $50 billion remittance market, the app offers a low-cost solution for users, including those unbanked. It enables wallet-to-wallet transactions and VISA debit card functionality, ensuring secure access to funds. The company aims to expand into India and the Philippines while engaging in digital marketing to boost user adoption.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) has engaged Response Media to execute a digital marketing campaign for the upcoming launch of its IPSIPay App. This campaign aims to generate awareness and drive user adoption, particularly for unbanked and underbanked populations. The IPSIPay App focuses on providing accessible banking services, including remittance capabilities. The launch is anticipated in the coming weeks, and Response Media will leverage its expertise to enhance the app's visibility and market penetration.