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InstaPay is an exciting new service introduced by InstaKin to address a key pain point between vendors in home countries and migrant customers living abroad.
Instapay is here to secure the relationship between a buyer (migrant) and a seller (vendor).

InstaKin’s Escrow

Think of InstaPay as an escrow service but more secure and affordable. We aim to build trust between the buyer and the seller during cross border transactions.

What is an Escrow?

An escrow is an intermediary service between a buyer and seller.

What Are the Benefits of Having an Escrow Account?

Buyers like to escrow funds because it safeguards their interests. Funds are only transferred to sellers once services have been delivered. Data has shown that a service like InstaPay can accelerate fulfillment levels from sellers.

Sellers prefer an escrow because it ensures that the buyer will make the payment if the task is completed as per agreed terms and conditions

Instapay is here to remove all your worries regarding secure payments as any seller of services (also known as a vendor) has to go through a verification process with InstaKin. After meeting InstaKin’s standard requirements and verification, the seller can interact with a buyer of services.

Easy to Use

Using Instapay is as easy as 1-2-3. There are no time-consuming difficulties, no challenging processes.

It is Safe

The seller of a service (Vendor) has to go through an in-depth verification process with InstaKin, so it’s safe. We give you the InstaKin Guarantee.

Instant

The buyer and seller both have a sense of security as the money is in safe hands. The one availing the service (buyer) knows that the payment will not be made on their behalf until their work is done.

Designed to ease the pain points of migrants and vendors back home, Instapay is a smooth platform that both sellers and buyers can use to their advantage.

Peace of mind for the buyer and seller

The buyer and seller both have a sense of security as the money is in safe hands. The one availing the service (buyer) knows that the payment will not be made on their behalf until their work is done.

For the seller, he/she knows that the buyer will make the payment if the task is completed as agreed upon.

How It Works for Customers (Buyers)

If you want to work with a vendor in your home country. you can simply ask them to sign up to our Vendor App. Once signed up, InstaKin will review the Vendor Application and approve the vendor based on requirements including Business Registration. Once done, the Vendor will be assigned a Vendor Code for interacting with Customers. The Vendor can pass along the Vendor Code to the customer.

Step-wise process of how it’s going to work once the vendor is onboard:

  • ● Customer can log onto InstaKin’s App
  • ● Select InstaPay Option for Services
  • ● Enter the Vendor Code ID and get connected to same vendor
  • ● Now the vendor can submit a Quote and Payment form with milestones
  • ● Customer can escrow funds to InstaKin vis InstaPay
  • ● Once the milestone has been achieved, InstaKin will release payment for the vendor
  • ● It is so easy!!!

If you are a customer or vendor who wants to use InstaPay, feel free to contact us. We will get you onboarded.