TV Personality Mario Lopez Signs Exclusive Endorsement Agreement with Fintech Company to help Unbanked Latinos

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Innovative Payment Solutions, Inc., a fintech provider of digital payment solutions to both business owners and consumers, announced today that it has signed an exclusive endorsement agreement with TV personality Mario Lopez (“Access Hollywood,” “Saved By The Bell”) to increase awareness regarding IPSI’s products.  

Mr. Lopez will work as IPSI’s spokesperson to highlight the challenges faced by the unbanked and underserved communities in the United States and Latin America emphasizing how IPSI’s products can help address these challenges.  IPSI is focused on developing and providing mobile application e-wallets that enable customers to deposit cash, convert it into a digital form, and remit the funds to Mexico and other countries in a secure, efficient, and cost-effective manner.  IPSI’s flagship e-wallet IPSIPayÔ, is fully operational and with the addition of Mr. Lopez, is ready for commercial launch. IPSI expects that Mr. Lopez’s significant sphere of influence will be a key aspect of the IPSIPayTM launch strategy.

Mr. Lopez commented, “I have many relatives that live in both the US and Mexico. I am very familiar with the issues that come with simply wanting to send money home to family members but having to pay ridiculously high fees in order to do so. I grew up right on the border in Chula Vista (San Diego) and my parents, who immigrated from Mexico, raised me in the US which afforded me every opportunity to accomplish all of the successes that I’ve been so blessed to have achieved in my life. I want to do my part in giving that same opportunity to others. I’m excited about this partnership with IPSI and am very proud to be closely associated with a company that I believe can make a real difference in many people’s lives, especially those who are often underserved in the simple task of taking care of their hard-earned money.”

William Corbett, IPSI’s Chairman and Chief Executive Officer, added, “We are honored to partner with Mario Lopez as a spokesperson for our innovative digital payment solutions.  Having parents that immigrated from Mexico while also having achieved amazing success in the U.S. and around the world as an actor and television host, Mario is well positioned to understand the needs of the underserved Hispanic and migrant community and the benefit that IPSI’s solutions can provide. Mario and IPSI are committed to inclusion and the humanitarian efforts of providing solutions that bring instantaneous cross-border payments by individuals and companies alike. IPSI’s robust technology platform that functions like a bank in the palm of your hand, enables digital transactions that are convenient, cost-effective, fast, and secure, bringing opportunity to a growing community. Our customers, many of which are unbanked, are able to acquire a VISA debit card as well as four additional companion cards for family members. We look forward to a long and productive relationship with Mario.”