INNOVATIVE PYMNT SOLUTION - IPSI STOCK NEWS

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.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) announced the launch of its kiosk initiative aimed at non-profit organizations, particularly churches in California's Central Valley region. The company targets the unbanked and underbanked population, which comprises about 25% of California's population. Additionally, the IPSIPay App is expected to be launched in January 2022, featuring money remittance to Mexico and cryptocurrency trading capabilities. A digital marketing campaign will accompany the app's launch to generate interest in its services.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) announced that CEO William Corbett will present virtually at the 14th Annual LD Micro Main Event Conference on October 13 at 6:00 AM PT / 9:00 AM ET. The company focuses on providing digital payment solutions for the unbanked and underbanked populations in major remittance markets, including Mexico, India, and the Philippines. Investors can register to watch the presentation online. The press release includes forward-looking statements regarding the company's development plans and potential challenges, including impacts from COVID-19.

Innovative Payment Solutions, Inc. (OTCQB: IPSI) is transforming its digital payment services, focusing on unbanked populations in the U.S. to facilitate remittances. The company raised $8 million to enhance its technology, including a majority stake acquisition of Beyond Wallet, which will expand its remittance capabilities. IPSI’s target market represents significant growth potential, given the global remittance volume is estimated at $714 billion this year. Future plans include launching the IPSIPay App and establishing partnerships to broaden service offerings in key markets like Mexico, India, and the Philippines.