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Companies $IPSI
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Innovative Payment Solutions Inc logo

Innovative Payment Solutions Inc

investor.ipsipay.com

What Do They Do?

Provides digital payment services to businesses and consumers, including credit-card and merchant processing for underserved markets and gaming merchants.

How Do They Make Money?

The planned IPSIPAY business expects to earn fees from merchant processing and money transfers, plus commissions on international bill-payment processing.

FY2023 revenue

Who Are Their Customers?

The planned merchant-processing service targets gaming and entertainment businesses; the company also describes its digital payment services as serving businesses and consumers.

Do Revenues Turn Into Profits?

No. It lost $5.8M in FY2023.

Operating income, FY2023
−965884% of revenue
▼ −29% (Loss) vs FY2022 (−$5.6M, −659879%)
Net income, FY2023
−1423356% of revenue
▼ −43% (Loss) vs FY2022 (−$10.3M, −1214658%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▼ −38% (Loss)
vs −$20.6M in Q2 FY2025

From wallets to processing The older report centered on IPSIPay and Beyond Wallet e-wallets for consumers, especially unbanked and migrant communities sending money abroad. The latest report centers on credit-card and merchant processing for underserved markets and gaming merchants, while describing e-wallets as a possible future offering.

Who Do They Compete With?

Competes with Western Union, Money Gram, PayPal, and Venmo

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