Innovative Payment Solutions, Inc. (IPSI), a digital payments firm focused on expanding financial access for underserved communities, has announced a strategic collaboration with Bullet Blockchain, Inc. (BULT), a company recognized for its patented Bitcoin ATM technology. This partnership brings together IPSI’s goal of streamlining global money transfers with BULT’s growing network of advanced crypto-enabled ATMs across the United States.
Through this initiative, users can now deposit cash or use debit and credit cards at BULT’s Bitcoin ATMs and instantly convert those funds into Bitcoin or the USDC stablecoin. These converted digital assets can then be used to send remittances quickly and securely to recipients in Mexico. The collaboration offers a simplified experience for users, removing many of the traditional complexities often associated with cross-border transfers.
Executives at IPSI described the initiative as a transformative move in the digital payments space. According to the company, the integration of BULT’s crypto ATM infrastructure will significantly lower the barrier for users to participate in crypto-based transactions. IPSI’s leadership stated that this collaboration enhances its ability to support remittances to Mexico, whether in the form of pesos, US dollars, or digital currencies.
Bullet Blockchain, operating through its subsidiary First Bitcoin Capital LLC, holds intellectual property rights related to crypto ATM systems under two U.S. patents. The company is rapidly expanding its footprint with ATMs deployed in states such as California, Texas, and Florida. The partnership with IPSI is expected to enhance user accessibility and push BULT closer to its goal of becoming a leading Bitcoin ATM operator in North America.
The collaboration introduces several key benefits for users, including immediate purchases of cryptocurrencies at ATM terminals, swift remittances to Mexico with multiple options for fund access—including through crypto wallets, bank accounts, or local ATMs—and robust security backed by regulatory compliance. These services are designed to cater to an increasingly mobile and digitally aware user base.
Cybersecurity for the Latin American Market
Security remains a major focus of this initiative. In line with its partnership announced in December 2024, BULT will incorporate cybersecurity solutions from Silo Technologies into its ATM network. These features aim to address rising concerns about digital payment fraud, particularly in Latin America where incidents rose by 70% in 2023.
$BULT – We have exciting news to share! Partnership Unveils Licensing Agreement for Bitcoin ATMs Transactions Throughout Mexico –
– Bullet Blockchain Announces Partnership and Licensing https://t.co/UJyugBjAJa— BulletBlockchain (@BULT_stock) July 16, 2025
The suite of tools includes real-time transaction monitoring to detect threats, encryption aligned with the European Union’s MiCA regulatory framework, and streamlined processes to meet Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. Additionally, remote monitoring capabilities will be employed to enhance user safety and trust in Mexico and other South American markets.
Marketing and Expansion Plans
To boost adoption, the two companies have launched joint marketing campaigns targeting key remittance hubs in the U.S., particularly in states with large Latin American populations such as California, Texas, and Florida. The campaign aims to increase awareness of the crypto-enabled remittance option and drive user engagement through co-branded outreach initiatives.
In combining next-generation crypto technology with a clear focus on financial inclusion, IPSI and BULT are positioning themselves to redefine how cross-border payments are handled. This partnership is being presented not only as a technological milestone but also as a move to empower individuals with tools that are transparent, affordable, and secure.
