Even if you do not have a bank account, there is a variety of payment solutions that allow you to send and receive money. Instarem is one of the options that you can consider. Learn important information about this payment method by keeping reading this review.
Initial Information on Instarem
The company was incorporated in 2014. It aimed at offering cost-effective and simple payments for everyone. The system is now powered by NIUM. It has won a range of prestigious awards such as the Singapore Fintech Award (2017), Excellence in Payments (2018), Blockchain Innovator Award (2018), and many others. The platform has a high rating of 4.5 out of 5 on Trustpilot.
The Main Features of Instarem
The following are the main features of this payment solution:
- InstaPoint. For every transfer that you make, you will earn points. They can be later redeemed to enjoy a discount on the services;
- Subscription. By subscribing to the services, you will always be aware of the best rates;
- Referrals. Get attractive rewards for referring friends to this service;
- Support. Find quick help whenever you need it;
- Scam awareness. Be aware of scammers that operate in various industries.
How to Use Instarem?
To use the system, you need to register first. The Sign up button is located on the official website of this payment method. You can either fill out an online registration form, or you can sign up using your account on Google or Facebook. Fees for the services differ, depending on the country, and they can range from 0.25% to 1%. To send some money abroad, you need to get the recipient bank details that you will enter in the relevant section on the site.
Instarem is a fantastic option for those looking for a reliable system to make overseas payments. It offers a convenient interface, reasonable fees, great features, and other benefits.