Innovative Payment Solutions, Inc. Announces the Soft Launch of Its New E-Wallet App, Beyond Wallet
September 13, 2021 at 07:00 am EDT
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Innovative Payment Solutions, Inc. announces the soft launch of its new e-wallet app, Beyond Wallet, which the Company acquired via its newly formed, wholly-owned subsidiary Beyond Fintech, Inc. Beyond Wallet allows the Company’s customers, who utilize the app, to send cash from the United States to Mexico, the third largest market in the world for remittance transactions representing approximately $43 billion. Beyond Wallet is an app that includes an e-Wallet which enables users to use a Visa debit card, and provides users with the ability to send remittances to Mexico. This soft launch of Beyond Wallet’s e-Wallet and App is the first step toward positioning IPSI on the path to becoming an international blockchain-secured digital neobank.
Innovative Payment Solutions, Inc. is a fintech provider of digital payment solutions and services to businesses and consumers, focusing on the needs of unbanked and underserved communities, particularly migrant communities in the United States. 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 Companyâs IPSIPay App users can acquire VISA debit cards, as well as obtain a bank account at a major United States institution, enabling them to execute financial transactions through IPSIâs worldwide merchant network. The Companyâs IPSIPay Express provides merchants with a technology for payment processing that allows transactions, in real-time bank-to-bank account transfers.
INNOVATIVE PAYMENT SOLUTIONS, INC. 