, Malaysia

Instarem enables real-time payments to Malaysia

Workers can save money from foreign exchange fees and transportation costs.

Singapore-headquartered payments fintech Instarem has enabled users to send money to Malaysia.

Instarem’s new real-time payment option enables Malaysians in Singapore to send cash in the safety of their homes in the Lion City, avoiding the hefty foreign exchange fees or the roundtrip travel costs to Johor Bahru that Malaysian workers often trek in order to avoid the fees.

“Enabling instant payments for Malaysian ringgit transfers is a very important step in helping our Malaysian users send money to their families without having to worry about anything,” said Michael Minassian, head of consumer business, APAC at Instarem. “Our business was founded to help remove complexities around money and we continue to strive to do so.”

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!