Veem is a cloud-based global payments platform designed to simplify and automate business-to-business (B2B) payments, both domestically and internationally. The platform uses a proprietary "multi-rail" technology to route transactions through various payment methods—including credit cards, bank transfers, checks, and blockchain—optimizing for speed, cost, and security. Veem enables businesses to send, receive, request, and schedule payments in over 100 countries, integrating with popular accounting and ERP systems such as QuickBooks, Xero, NetSuite, and Plaid. The service is available in two tiers: a free Basic account and a Premium account with advanced automation features. Veem is licensed as a money transmitter in the US and adheres to strict compliance and data protection standards, making it suitable for small and medium-sized businesses seeking to streamline their accounts payables and receivables processes.

Key Features

Multi-Rail Payment Routing Routes payments via multiple methods (bank, card, check, blockchain) for optimal efficiency.

• Increases speed and reliability of transactions
• Reduces costs by selecting the best available payment rail

Global B2B Payments Supports sending, receiving, and requesting payments in over 100 countries.

• Enables international business transactions
• Handles currency conversion and cross-border compliance

Accounts Payable & Receivable Automation Automates invoice management, payment scheduling, and reconciliation.

• Reduces manual workload for finance teams
• Improves accuracy and payment tracking

Integration with Accounting Platforms Connects with QuickBooks, Xero, NetSuite, Plaid, and more.

• Streamlines bookkeeping and financial reporting
• Simplifies reconciliation and audit processes

Compliance & Security Licensed as a money transmitter and follows strict data protection standards.

• Ensures regulatory compliance for business payments
• Protects sensitive financial data

Tiered Service Plans Offers Basic (free) and Premium ($19.99/month) accounts.

• Basic: Core payment features for small businesses
• Premium: Advanced automation and time-saving tools

Benefits

Simplified Global Payments Makes cross-border business payments as easy as domestic transactions.

• Reduces complexity and manual intervention
• Minimizes errors and delays

Cost and Time Savings Automates routine payment tasks and optimizes transaction routing.

• Lowers operational costs
• Speeds up payment cycles

Enhanced Financial Control Provides real-time visibility and control over payables and receivables.

• Improves cash flow management
• Supports better business decision-making

Scalable for Growth Suitable for businesses of all sizes, from startups to enterprises.

• Grows with business needs
• Adapts to increasing transaction volumes