Summary
Veem is a global payments platform designed for businesses to send and receive payments internationally. It offers features like competitive exchange rates, transparent fees, multi-currency wallets, virtual cards, and tools for managing payables and receivables, including batch payments and accounting integrations.
Features14/15
See allMust Have
5 of 5
Mid-Market Exchange Rate Transfers
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Other
9 of 10
Batch Payments
API Integration
Business Account Features
Invoice Creation
Spending Analytics
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
PricingFreemium
See allFREE
- Send, receive, request and schedule payments
- Veem Basics
- Payment Tracking
- Instant Deposit
Premium
- Automations
- Exclusive Pricing
- Integrations
- Customizable Approval Workflows
- Mass Pay
- Unlimited free domestic transfers
- Real-time sync with QuickBooks Online, Netsuite and Xero
Rationale
Veem offers global payment solutions for businesses, aligning well with the concept of cross-border payments and multi-currency management. They explicitly state competitive exchange rates and no hidden fees, which matches 'mid-market-exchange-rate-transfers' and 'transparent-low-fees'. Their 'Veem Wallet' and 'Virtual Card' features align with 'multi-currency-account' and 'borderless-debit-card'. They also mention 'real-time' and 'instant' transfer options, supporting 'fast-transfer-execution'. Furthermore, Veem provides 'Mass Pay' for batch payments, 'API documentation' for integration, 'Approvals' and 'Accounting Integrations' for business features, 'Invoice Builder' for invoice creation, 'Payment Tracking/Reports' for spending analytics, and emphasizes 'Trust and Security' for regulatory compliance. While a dedicated mobile app isn't explicitly highlighted as a core feature, the overall platform functionality suggests mobile accessibility. Multi-user access is covered by 'Approvals' and 'Add team members'. Customer support is implied through 'Help Center' and 'Contact' options.