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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net Revenue
Cost of Goods Sold
Gross profit
General and administrative 795,537 1,719,770 1,664,924 6,709,441
Depreciation and amortization 4,497 4,484 8,993 8,651
Total Expense 800,034 1,724,254 1,673,917 6,718,092
Loss from Operations (800,034) (1,724,254) (1,673,917) (6,718,092)
Loss on debt conversion   (5,184,447)
Penalty on convertible notes (719,558)
Interest expense (45,196) (53,371) (90,962) (120,684)
Amortization of debt discount (509,600) (263,200) (2,623,252)
Derivative liability movements (242,102) 2,170,946 (149,941) 3,136,090
Loss before Income Taxes (1,087,332) (116,279) (2,897,578) (11,510,385)
Income Taxes
Net Loss (1,087,332) (116,279) (2,897,578) (11,510,385)
Net loss attributable to non-controlling interest 12,977 21,729
Net loss attributable to Innovative Payment Solutions, Inc. stockholders $ (1,074,355) $ (116,279) $ (2,875,849) $ (11,510,385)
Basic and diluted loss per share (in Dollars per share) $ 0 $ 0 $ (0.01) $ (0.04)
Weighted Average Number of Shares Outstanding – Basic and diluted (in Shares) 367,901,679 347,857,137 367,901,679 301,820,387