Innovative Payment Solutions IncOOTC IPSI Stock Report

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 6 full-time employees. The company went IPO on 2014-11-04. The firm is focused on operating and developing e-wallets that enable consumers to deposit cash, convert it into a digital form, and remit the funds to Mexico and other countries quickly and securely. The firm's first e-wallet is Beyond Wallet. The firm is also focused on building its flagship e-wallet, IPSIPay. The firm intends to use its existing kiosks in certain target markets in southern California. The company also intends to initially focus on the underserved labor markets, such as the Californian agriculture industry to acquire customers for its IPSIPay and Beyond Wallet applications.