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What is Veem?

Veem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free…

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Recent Reviews

TrustRadius Insights

Veem has emerged as a cost-effective alternative to international wire transfers, offering a straightforward platform for sending …
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Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visit


  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $14.99 per month
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Product Demos

System Hack | Demo | B.L.Veem


Veem Live Demo at QBConnnect

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Product Details

What is Veem?

Veem helps businesses save time and optimize cash flow by simplifying the way they send and receive payments domestically and internationally. Boasting users among more than 600,000 businesses in over 100 countries, Veem aims to uncomplicate the end-to-end AP/AR process with integrations to accounting software, real-time tracking on payments and flexible payment options. This helps businesses pay how they prefer and eliminate friction with customers to get paid faster.

Veem Video

Veem Cross Border is built for the way businesses need to pay and get paid. Payments are an essential part of running your business. Veem Cross Border provides broad access to online global payment tools to send and receive payments in 110 countries, all on one payment netwo...
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Veem Integrations

Veem Competitors

Veem Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesGlobal
Supported LanguagesEnglish, Portuguese, Japanese, Korean, Chinese, Spanish, French, Italian, German

Frequently Asked Questions

Veem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice money in over 110 countries around the world.

Veem starts at $14.99.

Melio, BILL, and Payoneer are common alternatives for Veem.

The most common users of Veem are from Small Businesses (1-50 employees).
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Reviews and Ratings


Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Veem has emerged as a cost-effective alternative to international wire transfers, offering a straightforward platform for sending international payments. Users find Veem simple to use, making it a game changer for royalty mass pay and week-to-week transactions. It proves particularly useful for remote employees to track hours and invoice clients. Customers have appreciated Veem's reliable service and quick customer support over the years.

Businesses leverage Veem to pay part-time and seasonal workers, as well as contractors' invoices, thanks to its easy setup process. The platform facilitates payments to workers outside the U.S., ensuring lower fees and seamless transfers. Moreover, Veem excels at international money transfers and proper integration with accounting software. It effectively handles exchange rates while promptly depositing funds into the recipient's bank account. By saving businesses money on foreign transfers and eliminating the need for checks and fees, Veem streamlines payment processes.

For subcontractors, Veem provides a time-saving solution by offering hassle-free payment transfers and ensuring prompt compensation. Regular clients also benefit from using Veem as an alternative payment method due to its reliability and user-friendly approach.

While some users have faced challenges with customer service, overall feedback regarding Veem's functionality remains positive. The platform simplifies international money transfers, resolves concerns related to sharing bank information, enhances internal controls through two-party payment authorization, and reduces payment costs. Users appreciate the convenience of fee-free payments via invite links when dealing with vendors and contractors. Additionally, many find that Veem offers greater cost-effectiveness compared to traditional banking methods for certain transactions.

Veem serves various purposes such as fulfilling payroll requirements for overseas employees and paying international vendors securely. Users trust Veem's secure system, which ensures safe transactions while providing real-time notifications throughout the process. It has also proven beneficial in scenarios like native backup and replication setups for businesses, enabling consultants to preserve their innovation centers by capturing snapshots and replicating them as needed. Some users have even migrated to Veem from other payment services due to concerns related to account freezes and privacy.

Overall, Veem has established itself as a reliable and secure platform for businesses seeking to make hassle-free international payments while safeguarding their operations' integrity.

International Payments: Many users have found it helpful to be able to process international payments without wire transfer fees. They appreciate that Veem allows them to easily accept or make payments in any currency, making it a great tool for international transactions.

Easy and User-Friendly Interface: Several reviewers have praised Veem for its user-friendly interface. They find the platform easy to navigate and use, with features like an easy-to-use dashboard and a simple invoicing process. This makes managing payments and running reports straightforward for users.

Convenient Customer Service: Users have appreciated the fast and convenient customer service they received from Veem. They highlight the quick response times from the support team and sales representatives at Veem, as well as their helpfulness in setting up accounts for vendors. This level of customer service has been a positive experience for many users.

Frustrating User Interface: Users have consistently found Veem's user interface to be frustrating and not intuitive, making tasks difficult. Numerous reviewers have expressed their dissatisfaction with the usability of the platform.

Bugs Impacting Users and Clients/Vendors: Several users have reported experiencing bugs in Veem that impact not only their own experience but also that of their clients and vendors. This has resulted in disruptions and delays in payment processing, causing frustration among users.

Slow Transaction Processing: Many users have expressed their disappointment with the speed at which Veem transactions are processed. They would prefer if transactions were processed at the same speed as e-transfers, instead of taking several days.

Users have made several recommendations about Veem based on their experiences. The most common recommendations are:

  1. Use Veem for wire transfer and more: Users recommend Veem as a resource for wire transfers and other financial transactions. They find it to be a simple and legitimate tool, particularly useful for accountants who need to manage finances efficiently.

  2. Improve customer service: Some users advise against using Veem if customer service is a priority. They suggest exploring other options that provide better support in this aspect.

  3. Take control of finances and improve collections process: Users recommend Veem as a way to gain control over finances, reduce expenses, and enhance the collections process. They appreciate the features that help them streamline these operations.

Overall, users emphasize Veem's usefulness for wire transfers and its potential for improving financial management processes. However, they also highlight the importance of customer service and suggest improvements in this area.


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Companies can't remove reviews or game the system. Here's why
March 28, 2022

Veem an AWS DR

Score 6 out of 10
Vetted Review
Verified User
We use Veem to do native backup and replication. Backup infrastructure was extremely important for us to back up all of our workloads - setting up a new Veem appliance was easy. Setting up Veem is secure - it uses access keys and we could just back up the region we wished to back up. We hire consultants and it is imperative to be able to keep our innovation center intact. Utilizing veem we can take a snapshot of the entire stack and replicate when needed
  • Snapshots.
  • Backup.
  • Replications.
  • Cost estimation.
  • Policy.
It is an easy tool to take a full backup of the entire AWS stack.
  • Positive in loss of setup.
  • Positive in prevention of disgruntle employees deleting instances.
MSP360 perhaps but not as good as Veem for DR and production VM.
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