No. Recipients never need to create an Instarails account or wallet to receive their funds. We deliver payments directly to their existing local accounts:
– Straight to their local bank accounts
– Directly to the e-wallets they already use every day
– Into their existing SIM card accounts
– Via convenient licensed cash pickup locations in their region
"Instarails has transformed how we handle international payments. Their platform saves us 3% in costs, directly improving our bottom line. The batch upload feature streamlines our processes, but what's most impressive is the impact on our overseas team - they now receive their full salaries directly in their bank accounts in under 15 minutes, with zero deductions. The smooth onboarding was just the beginning of an excellent service that has genuinely improved our global operations."
Baldev Krishan Ph.D., President & CEO
iVALT