Innovative Payment Solutions Inc. Stock Analysis IPSI

Innovative Payment Solutions, Inc. engages in the provision of digital payment solutions. The company is headquartered in Carmel-By-The-Sea, California and currently employs 1 full-time employees. The company went IPO on 2014-11-04. The company is focused on operating and developing e-wallet mobile applications that enable consumers to deposit cash, convert it into a digital form, and remit the funds to Mexico and other countries quickly and securely. Its two e-wallet applications are IPSIPay and Beyond Wallet. Beyond Wallet is operational and is an institutional business-to-business product. The Company’s IPSIPay App users can acquire VISA debit cards and obtain a bank account at the United States institution, enabling them to execute financial transactions through IPSI’s worldwide merchant network. Its IPSIPay Express provides merchants with a technology for payment processing that allows transactions in real-time bank account transfers.