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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.
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Best for small, medium, and large businesses.
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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. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Veem reviews
We've summarised 181 Veem reviews (Veem TrustPilot reviews, Veem Capterra reviews and Veem G2 reviews) and summarised the main points below.
- 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.
- 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 free USD transfers via Veem Wallet and generally low-cost international transfers, although some users have noted higher fees for credit card transactions and unfavorable exchange rates compared to other services. A few users mention unexpected monthly fees and a lack of transparency around pricing changes.
Users sentiment
See the Veem pricing page.
Veem alternatives
BILL AP/ARBetter fit for US-based SMBs. More focused on automating AP/AR processes, expense management, and budgeting. Has more momentum currently.Read more
ThunesThunes is growing faster and offers wallet and QR code payments. It also appears to be a better Veem alternative for enterprises.Read more
SAP ConcurBetter for expense reporting, travel management, and spend visibility. Geared towards larger enterprises and has more momentum.Read more
MaestroPaymentBetter for managing international contractors and freelancers, with wider global payment reach (240+ countries). Has a faster website traffic growth. More affordable, starting at $7 per contractor monthly.Read more
Corpay OneBetter for spend management within the US. Focuses on growing businesses and offers company cards and fuel cards. Has more momentum currently.Read more
VertoFXMore focused on providing cost-effective and transparent foreign exchange services. Has virtual cards for SaaS spend management. Growing faster than Veem.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
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.
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.