Logo of Veem

Veem

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Company health

Employee growth
16% decrease in the last year
Web traffic
21% increase in the last quarter
Financing
June 2020 - $99M

Ratings

G2
3.7/5
(43)
Capterra
4.1/5
(42)
TrustPilot
4.3/5
(96)
Glassdoor
3.5/5
(100)

Veem description

Veem is a global payment platform designed for businesses of all sizes. It simplifies sending and receiving payments domestically and internationally, offering various payment options like ACH, wire transfers, and credit cards. Veem integrates with popular accounting software, automates workflows, and provides real-time payment tracking. It prioritizes security and transparency, offering 24/7 support and competitive exchange rates.


Who is Veem best for

Veem is a global payment platform simplifying international and domestic payments for businesses of all sizes. Users praise its easy-to-use interface, fast processing, and multiple payment options. However, some have reported reliability issues and poor customer service. Veem integrates with accounting software and offers competitive exchange rates.

  • Best for small, medium, and large businesses.

  • Ideal for Finance, Banking, Insurance, Retail, Consumer Goods, Manufacturing, Education, Real Estate & Construction, Transportation & Logistics, Media & Entertainment, Software/IT, Telecommunications, Marketing & Advertising, and Professional Services.


Veem features

Supported

Veem allows sending and receiving payments in over 80 currencies and 100 countries.

Supported

Veem integrates with QuickBooks, Xero, NetSuite, and others via Zapier.

Supported

Veem allows businesses to accept payments from customers in over 100 countries.

Supported

Veem automates payments securely, including fraud prevention and likely refunds.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather negative
-0.5

Customer Service

Rather positive
+0.48

Ease of Use

Neutral
+0.23

Reliability and Performance

Rather negative
-0.57

Veem reviews

We've summarised 181 Veem reviews (Veem TrustPilot reviews, Veem Capterra reviews and Veem G2 reviews) and summarised the main points below.

Pros of Veem
  • Easy-to-understand and user-friendly interface for sending and receiving payments.
  • Fast payment processing and real-time tracking in most cases.
  • Wide range of payment options and global reach.
  • Helpful and efficient customer support provided by specific representatives like Carlos, Matt, and Emma.
Cons of Veem
  • Unreliable system with frequent technical issues, causing payment delays and holds.
  • Poor and unresponsive customer service with long wait times and unhelpful responses.
  • Low and unfavorable exchange rates, impacting earnings, particularly for international transactions.
  • Lack of transparency and communication regarding fees and account changes.

Veem pricing

The commentary is based on 24 reviews from Veem Capterra reviews, Veem G2 reviews and Veem TrustPilot reviews.

Veem offers a 30-day free trial for the Premium plan. Veem's fee structure is primarily transaction-based, with varying fees for domestic and international transfers, card payments, and other services. The Premium plan offers unlimited free domestic transfers and other automation features.

Users sentiment

Rather negative
-0.43

See the Veem pricing page.

  • Veem has a free plan.

  • Veem has a free trial.

BASIC
Free

Send, schedule and request payments. Upload an invoice or create your own. Get detailed time stamps on all your transactions. Receive your payments in just minutes by enabling instant deposits.

PREMIUM
$24.99 per month

All Basic plan features with access to additional time-saving features and automations. Save time with customizable Approval Workflows and Mass Pay. Send/receive unlimited free domestic transfers. Real-time sync with QuickBooks Online, Netsuite and Xero.


Veem alternatives

  • Logo of Checkbook
    Checkbook
    Fast, flexible push payments via digital check, ACH, or RTP.
    Read more
  • Logo of Stripe Invoicing
    Stripe Invoicing
    Recurring billing, automated, customizable. Get paid faster.
    Read more
  • Logo of Stripe Connect
    Stripe Connect
    Accept and send payments globally, effortlessly.
    Read more
  • Logo of Stripe Payments
    Stripe Payments
    Accept online payments easily, reliably, and globally. Scales with you.
    Read more
  • Logo of Corpay Cross-Border
    Corpay Cross-Border
    Global payments made easy, secure, and cost-effective.
    Read more
  • Logo of Thunes
    Thunes
    Global payments made easy, fast, and affordable for businesses.
    Read more

Veem FAQ

  • What is Veem and what does Veem do?

    Veem is a global payment platform simplifying domestic and international business payments. It offers various payment methods, including ACH, wire transfers, and credit cards. Veem integrates with accounting software, automates workflows, and provides real-time payment tracking. It also offers competitive exchange rates and 24/7 support.

  • How does Veem integrate with other tools?

    Veem integrates with accounting software like QuickBooks, Xero, and NetSuite. It also connects with other tools through Zapier, expanding its integration capabilities for streamlined workflows and automated payment processes.

  • What the main competitors of Veem?

    Veem's main competitors include BILL AP/AR, Thunes, Corpay One, SAP Concur, Airbase, and MaestroPayment. These platforms offer similar features such as international payments, expense management, and accounting software integrations.

  • Is Veem legit?

    Veem is a legitimate global payment platform. However, user reviews on its reliability and customer service are mixed. Some praise its ease of use and fast processing, while others cite technical issues, payment delays, and unhelpful support. Consider these factors when assessing if Veem is safe for your business.

  • How much does Veem cost?

    Veem doesn't publicly disclose its pricing. Contact their sales team to discuss your business needs and obtain a customized quote. Consider exploring alternative payment platforms if transparent pricing is a priority for you.

  • Is Veem customer service good?

    Veem's customer service receives mixed reviews. While some customers praise the helpfulness and efficiency of specific representatives, others report long wait times, unhelpful responses, and difficulty resolving issues. Some reviewers mention excellent experiences while others describe terrible service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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