Core Insights - Innovative Payment Solutions, Inc. (IPSI) has entered into a Referral and Partnership Agreement with TabaPay, Inc., enhancing its capabilities in the online gaming and digital commerce sectors [1][2][4] Group 1: Partnership Details - IPSI will serve as a referral and integration partner for TabaPay's payment solutions, which will create new revenue opportunities in online gaming, sportsbook, and digital commerce [2][4] - The total online gaming transactions in the US were approximately $150 billion in 2024, a market that IPSI can now access through this agreement [2] - The partnership allows IPSI to offer clients access to instant payments and settlement capabilities via TabaPay's platform, which connects to 14 major networks, including Visa and Mastercard, and 18 partner banks [2][5] Group 2: TabaPay's Capabilities - TabaPay facilitates instant money movement across various payment rails, including card networks and Real-Time Payments (RTP), with a unified API architecture that ensures efficient transaction routing and faster settlements [3][5] - The infrastructure of TabaPay is designed for scalability, security, and compliance, making it suitable for FinTechs, banks, and merchants [5] Group 3: Strategic Implications - The partnership is a significant advancement for IPSI, allowing it to expand into high-growth verticals and strengthen its position within the fintech ecosystem [4] - IPSI will earn referral-based commissions for qualified merchants introduced to TabaPay, further incentivizing the collaboration [4]
IPSI today announced that it has entered into a Referral and Partnership Agreement with TabaPay, Inc., a leading real-time payment network
Globenewswireยท2025-10-22 14:22