Beta
Veem
3.9
37

Not Claimed

Veem is a SaaS platform that simplifies the AP/AR process for businesses by providing seamless integrations to accounting software, real-time tracking on payments, and flexible payment options. It allows businesses to pay and get paid domestically and internationally with over 70 currencies and multiple payment methods. Veem also offers automation of payment approval workflow and recurring invoices and payments, as well as detailed tracking and best-in-class 24/7 expert support.
Website
https://www.veem.com/
Developer
Veem
Category
Commerce
HQ Location
San Francisco, CA
Year Founded
2014
Number of Employees
122
Twitter
@GoVeem
Strengths
  • Ease of use

    Simple and intuitive interface

  • Global reach

    Ability to send and receive payments in over 100 countries

  • Cost-effective

    Low transaction fees compared to traditional wire transfers

Weaknesses
  • Limited currency support

    Does not support all currencies

  • Limited integrations

    Integration options are limited compared to other payment platforms

  • Limited payment options

    Only supports bank transfers and debit cards

Opportunities
  • Opportunity to expand into new countries and regions
  • Opportunity to partner with other payment platforms to increase integration options
  • Opportunity to add more payment options to attract more customers
Threats
  • Competition from established payment platforms such as PayPal and TransferWise
  • Changes in regulations could impact the ability to operate in certain countries
  • Potential for data breaches and cyber attacks could damage reputation and customer trust

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Veem Plan

Veem offers a pay-as-you-go pricing model with no monthly fees, and three versions with varying transaction limits and features.
Flat Monthly Fee $ 14 Per Month
One flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. ACH/EFT $0 send/receive Fast Transfer 0.5% for same or next day ACH Check (US only) $1.99 to send Veem Wallet $0 send/receive International wires $0 fees and competitive exchange rates Global Credit card 2.9% Global Debit card 1% Global Instant deposit 1% – min. $1.50
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