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NIUM's digital cross-border payments arm rolls out smart card

Monday 23 August 2021 07:44 CET | News

Instarem, NIUM’s digital cross-border payments arm, has launched its ‘amaze card’ in Singapore.

The card is available for users in Singapore, with plans to make it available regionwide soon. Users can place a request for the amaze card through the Instarem app, free of charge, according to the official press release.

‘amaze’ is a smart card that serves as a one-stop payments solution and it allows customers to keep, pair and maximise the use of their legacy bank cards. ‘amaze’ works as both a virtual and a physical debit card and because it’s linked to existing bank cards, customers can skip having to regularly top up a digital wallet.

‘amaze’ allows consumers to use the credit limit of their linked cards. This means, no need for top ups as well as a higher transaction capacity than other multi-currency cards in the market, the press announcement adds.

Customers can register for the amaze card by downloading the Instarem app on the Google PlayStore (for Android users) or on the App Store (for iOS users). They can use their virtual cards with immediate effect, while waiting to receive their physical cards. ‘amaze’ supports Mastercard PayPass contactless payments and can be used at all Mastercard acceptance points, including those for payment on public buses and trains.



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Keywords: product launch, Nium, online payments, virtual card, mobile payments
Categories: Payments & Commerce
Companies:
Countries: Singapore
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Payments & Commerce






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