IPSI novates IPSIPay SAAS agreement and $324,544 debt to Endpoint Technologies

Innovative Payment Solutions, Inc.

IPSI transfers all rights, obligations, and $324,543.78 debt under the SAAS Agreement to Endpoint.
FFT releases IPSI from all obligations; IPSI will no longer operate IPSIPay after Oct 5, 2023.
IPSI retains IPSIPay trademark; Endpoint must rebrand after Transition Period ending Oct 5.
No new IPSIPay clients onboarded after Sep 6, 2023; existing clients become Endpoint's.

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