Innovative Payment Solutions, Inc. (OTC: IPSI)

Innovative Payment Solutions, Inc. is a provider of digital payment solutions and services to businesses and consumers. The Company operates as a fintech focused on developing and commercializing real-time payment platforms and merchant processing solutions, primarily targeting the online gaming and entertainment sectors. It has pursued these objectives through joint ventures and subsidiaries, including IPSIPay Express and Jetties Partners, LLC d/b/a IPSIPAY, which are designed to facilitate credit card processing and bank-to-bank transactions for merchants in high-growth industries. The Company's core strategy involves leveraging partnerships to build proprietary payment technologies that address underserved markets in digital remittances and money transfer services.

Revenue generation is primarily expected through merchant processing fees, money transfer fees, and commissions on international bill payment processing from its joint venture initiatives. The Company has not yet derived revenue or cash distributions from IPSIPay Express as the platform remains non-operational. Similarly, IPSIPAY, formed in October 2025, is still in development with no confirmed revenue to date. Revenue is anticipated once banking relationships are secured and customers are onboarded for its merchant processing solutions in the gaming industry. The Company currently has no active revenue streams from its core payment processing products.

The company operates through the following segments:

• IPSIPay Express focuses on developing and marketing a proprietary consumer-to-merchant real-time payment platform initially targeting the online gaming and entertainment sectors. Its intended solutions include credit card processing and real-time bank-to-bank transactions under the IPEX brand, designed to provide seamless experiences for consumers and merchants. Despite formation in April 2023 and capital contributions, the platform has not launched, and the Company fully impaired its investment as of December 31, 2024 due to lack of revenue generation.

• Jetties Partners, LLC d/b/a IPSIPAY is focused on developing, marketing, distributing, and operating a merchant processing payment solution with an initial focus on the gaming industry. Formed on October 29, 2025 as a 50-50 joint venture with Brant Point Solutions, LLC, it aims to generate revenue through merchant processing fees, money transfer fees, and international bill payment commissions. Activities to date include securing banking relationships and pursuing potential customers in gaming and entertainment businesses, though no assurances exist regarding successful launch or revenue generation.

Innovative Payment Solutions, Inc. operates in a highly competitive payment service industry dominated by large, well-established players such as Western Union, MoneyGram, PayPal, and Venmo. These competitors benefit from greater financial resources, stronger brand recognition, and longer industry tenure. The Company's competitive position relies on its focus on niche markets like gaming and entertainment and its ability to develop specialized real-time payment technologies through joint ventures, though it currently lacks scale and operational traction relative to industry leaders.

The Company serves businesses and consumers, with a specific focus on merchants in the gaming and entertainment sectors for its IPSIPay Express and IPSIPAY initiatives. Target customers include online gaming platforms and entertainment providers requiring real-time payment processing solutions. No specific customer names are disclosed in the filing.