First Data and InstaReM partner on digital payments
InstaReM has announced a partnership with First Data that will combine InstaReM’s digital payments and remittance solution with First Data’s debit processing solution. It says that the partnership delivers a powerful proposition for businesses with a need to issue cards to employees, vendors or consumers.
Leveraging First Data’s global presence and technology platform, InstaReM is able to issue cards for a number of use cases, such as travel and expense programmes with set limitations, vendor or supplier payments, payroll for employees, and more. The solution will be launched in Singapore in the next few months, with rollout in Europe and Australia expected by the end of the year and then expanding globally.