Jun 24, 2021
Changing the Face of Remittance | Instapay
Malaysia is no stranger to having migrant workers. But the banking sector is not well-geared to support these individuals. Migrant workers may be moving to a country where they know very little about the spoken language and work conditions. What if they don’t have much knowledge about technology in a world where technology has become an essential part of society? What if they are living and working out of an urban area?
Instapay offers an e-wallet linked to a Mastercard debit card which can be accessed via smartphone as well as traditional card. It is designed like an alternative bank account for migrant workers. Instapay bridges the financial inclusion gap and helps them use formal financial channels in a convenient way for their transactions. With their partnership with Ria, a leading money transfer company and subsidiary of Euronet Worldwide Inc, customers in Malaysia now have greater options due to Ria’s far-reaching network, comprised of more than 430,000 global locations, also benefiting from their substantial experience of over three decades in the financial services industry.
This alliance ensures that Instapay can extend and provide service to its clients in as many locations as possible, providing them with credible and secure e-banking facilities to meet their remittance needs. With this process and method, remittance has become less of a struggle for migrant workers due to its convenience.
Check out what the Malaysian media have to say about Instapay and how they are helping migrant workers to protect their financial interests.
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