Innovative Payment Solutions, Inc., together with its subsidiaries, provides digital payment solutions and services primarily in Mexico. It develops and operates e-wallets that enable consumers to deposit cash, convert it into a digital form, and remit the funds to merchant in its network. The company was formerly known as QPAGOS and changed its name to Innovative Payment Solutions, Inc. in November 2019. Innovative Payment Solutions, Inc. was incorporated in 2013 and is based in Carmel-by-the-Sea, California.