Veem

Name: Veem
Author: Sugggest

Veem is a business payment service that allows companies to send and receive money quickly and securely. It facilitates domestic and international bank transfers and can integrate with popular accounting software.

Business & Commerce Payments & Transactions

payments transactions bank-transfers accounting-integrations

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Veem: Business Payment Service

Business payment service for quick and secure transfers, domestic & international bank transfers, integration with popular accounting software

What is Veem?

Veem is a financial technology company that provides low-cost, fast payments and money transfers for businesses. It was founded in 2014 and enables businesses to send and receive cross-border payments, pay freelancers globally, and automate accounts payable and receivable processes.

The key features of Veem include:

Bank to bank transfers and payments in more than 100 countries
Support for 130+ currencies
Integration options with accounting software like QuickBooks, NetSuite, and Xero
Domestic payments and transfers within the US
Automated payment and invoicing workflows
Fast processing time, with funds typically delivered in 1-2 days internationally and on the same day domestically
High security standards and data encryption
Competitive transaction fees, with discounted pricing available for high volume customers

Overall, Veem provides an efficient, low cost way for businesses to manage cross-border supplier payments, pay international clients and freelancers, merge bank accounts, and automate financial workflows. It's designed to replace wire transfers and traditional bank payments with a faster, more transparent, digital alternative.