Instarem Business vs MoneyGram Business: Which is better for your Business?

Business
08 Apr 2025
3 mins read
Written by

Choosing the right business account can significantly impact your financial management. Here’s a comparison between Instarem business and MoneyGram Business, focusing on their features, pricing, and business card options to help you decide which suits your needs best.​

InstaremMoneyGram Business
FeaturesHold and exchange multiple currencies, send real-time payments, secure transactions, process up to 1,000 payments, and fund transactions seamlessly with Visa or Mastercard® credit cardsGlobal money transfers, multiple payout methods, compliance services, API integrations
PricingNo monthly fees and no fees for cross currency paymentsFees vary based on transaction details, exchange rates include a markup
Business CardsVirtual prepaid Mastercard® with FX savings and customised spending controlsNo specific business card offerings identified

Instarem vs MoneyGram Business: Key Features

InstaremMoneyGram Business
Supported CurrenciesPay in 40+ currenciesSupports over 135 currencies
International PaymentsPay up to 160+ countriesOperates in over 200 countries and territories
Accounting IntegrationNot availableNot specified
Business Debit CardsVirutal prepaid card with FX savingsNo specific offerings identified
AppMobile-web compatibilityOnline platform and APIs available for integrations


Both options offer robust features. Instarem stands out with its real-time payments and multi-currency accounts, while MoneyGram excels in its extensive global reach and multiple payout methods. The best choice depends on your business’s specific needs.

Instarem vs MoneyGram Business: Pricing

InstaremMoneyGram Business
Account Opening FeeNo feesNot specified
Monthly SubscriptionNo feesNot specified
Currency Exchange FeesMid-market rate; no feesExchange rates include a markup
Money Transfer Fees$0 fees for cross-currency paymentsFees vary based on transaction details
FX FeesMid-market rate; no feesNot specified


Instarem offers competitive pricing with no fees for cross-currency payments and transparent charges for same currency transactions. MoneyGram’s fees vary based on transaction specifics, and exchange rates include a markup. Consider your transaction volume and funding methods to determine which pricing structure is more cost-effective.

Instarem vs MoneyGram Business: Business Cards

InstaremMoneyGram Business
Physical CardSoonNot available
Virtual CardAvailable for Google pay and Apple payNot available
Custom CardNot availableNot available
ATM WithdrawalSoonNot available


Instarem offers virtual business cards with customised spending controls and enhanced tracking, with physical cards and ATM withdrawal options coming soon. MoneyGram does not currently offer business card functionalities.

See how Instarem compares

Instarem
FeaturesHold and exchange multiple currencies, send real-time payments, secure transactions, process up to 1,000 payments, and fund transactions seamlessly with Visa or Mastercard® credit cards
PricingNo monthly fees and no fees for cross currency payments
Business cardsVirtual prepaid Mastercard® with FX savings and customised spending controls

Getting started with Instarem is easy

Register with Instarem business today

Take control of your business finances with Instarem. Enjoy competitive exchange rates, streamlined payments, and fast & secure transactions.


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About Instarem

Instarem powers global business payments that move as fast as you do. With our business account, you can make payments to 160+ countries easily and affordably. Whether it’s salary payouts, supplier invoices, or intra-company transfers, our solutions are built to simplify your workflow. We also offer tailored payment tools for industries like logistics, tech, travel, and more. Get clear spend insights with the SME Spend Barometer. As part of Nium, a global fintech unicorn, we’re trusted and regulated in 11 jurisdictions, moving USD $6 billion annually—and ready to help you scale. Contact us to find the right fit for your business.

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