GLYD Business Payments and Prepaid Card

GLYD is a Malaysian business payments platform operated by Paysol Sdn Bhd in Kuala Lumpur. The GLYD prepaid Mastercard is issued by Instapay Technologies Sdn Bhd, a Bank Negara Malaysia-approved e-money issuer and money services business licensee. The platform targets SMEs managing supplier payments and employee spending.

It combines international remittance to suppliers, local vendor payments, invoice tracking, physical and virtual prepaid cards with spending controls, and expense claims that post to accounting software. A Pay-As-You-Sell Advance feature lets businesses draw an advance against future sales for remittance or card spending.

• Supplier remittance: international transfers to suppliers with competitive exchange rates.
• Local vendor payments: domestic payments with invoice upload and status tracking.
• Prepaid cards: physical and virtual GLYD Mastercard with admin controls.
• Expense management: employee claims submitted in the app and auto-posted to accounting.
• Accounting integration: Xero and QuickBooks sync.
• Pay-As-You-Sell Advance: advance against future sales for remittance or card spending.

• Vietnamese importers paying Malaysian suppliers with tracked invoices.
• SMEs issuing virtual cards for marketing and software subscriptions.
• Finance teams automating employee expense claims into Xero or QuickBooks.

• One app handles cross-border supplier payments, local vendor payments and employee card spending.
• Spending controls on prepaid cards let admins restrict where employees spend.
• Expenses sync to Xero and QuickBooks to reduce manual reconciliation.
• Issuer entity is licensed by Bank Negara Malaysia as an e-money issuer and MSB.

SMEs in Southeast Asia still handle supplier payments and employee expenses with bank transfers, cash and spreadsheets, and corporate card and spend-management tools are spreading to this segment. Cross-border supplier payment is a growing need for importers and exporters, including Vietnamese trading firms working with Malaysia.

Operated by Paysol Sdn Bhd (reg. 1334057), KL Sentral, Kuala Lumpur; card issued by Instapay Technologies Sdn Bhd (BNM e-money issuer and MSB). Instapay raised USD 3 million Series A2 in 2025-06 to scale payroll and launch B2B remittance on GLYD.