IPSI, TV’s Mario Lopez signs approval agreement

Innovative Payment Solutions, Inc. (IPSI) has teamed up with Mario Lopez, a TV personality who has appeared on “Access Hollywood” and “Saved by the Bell”, to raise awareness of products involving remittances to Mexico. announced the company on Monday (July) 11).

FinTech offers digital payment solutions for business owners and consumers. Lopez will reportedly work as a spokesperson to highlight the challenges facing the unbanked and underserved communities in the United States and Latin America, and how IPSI’s products will solve these problems.

IPSI is working on developing the eWallets mobile application to let customers deposit money, convert it to a digital form and transfer it to Mexico or other countries. The company boasts of IPSIPay eWallet, which will be launched commercially now that Lopez has signed to help.

Lopez said he has many relatives in the United States and Mexico and is familiar with the challenges of sending money, which is often accompanied by high fees.

“I grew up right on the border in Chula Vista (San Diego) and my parents, who immigrated from Mexico, raised me in the United States, which gave me every opportunity to achieve all the successes I have been so blessed to have achieved in my life, “Lopez said in the release.” I want to do my part to give others the same opportunity.

“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 understaffed in the simple task of taking care of the hard. .-Earned money. “

In other news regarding transfers to Mexico, PYMNTS recently wrote that Western Union and MercadoLibre are joining forces to facilitate digital transfers in Mexico, where payments have become a major part of the local economy.

Read more: Western Union, MercadoLibre money transfer partner to Mexico

Mexico’s economy has been weakened by a number of factors, and the partnership aims to help families send money through Western Union, and allow recipients in Mexico to collect payments through Mercado Pago, MercadoLibre’s digital financial arm.