TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo July 27, 2020 William Corbett Chief Executive Officer Innovative Payment Solutions, Inc. 19355 Business Center Drive, #9 Northridge, California 91324 Re: Innovative Payment Solutions, Inc. Registration Statement on Form S-1 Filed July 17, 2020 File No. 333-239906 Dear Mr. Corbett: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Daniel Morris at (202) 551-3314 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Hank Gracin, Esq.