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What is Veem?

Veem is a global payment platform that simplifies the process of sending and receiving international payments for businesses. It provides a secure and seamless solution for businesses to make cross-border transactions, helping them save time and money when dealing with international payments.

Who is Veem for?

• Small and Medium-sized Businesses: Veem is ideal for small and medium-sized businesses that need to make international payments regularly. It offers a cost-effective and efficient alternative to traditional wire transfers.
• Freelancers and Contractors: Veem is beneficial for freelancers and contractors who work with clients or businesses located in different countries. It provides a streamlined payment solution that eliminates the complexities and high costs of international transfers.
• E-commerce Businesses: Veem is suitable for e-commerce businesses operating globally. It enables them to receive payments from customers around the world and make vendor payments in different currencies.

How does Veem work?

Veem works by leveraging its global payment network to process international transactions. When a user initiates a payment, Veem converts the sender's funds into the recipient's local currency at competitive exchange rates. The payment is then securely transferred to the recipient's bank account. Veem provides real-time tracking and notifications throughout the payment process.

How is Veem used?

• Payment Initiation: Users can initiate payments through Veem's user-friendly platform. They provide the recipient's information, including bank details, and the desired payment amount. Veem handles the rest, ensuring a secure and efficient transfer.
• Multi-currency Support: Veem supports payments in various currencies, allowing users to send and receive funds globally. It provides competitive exchange rates and eliminates the need for users to maintain multiple bank accounts in different countries.
• Payment Tracking: Veem offers real-time tracking of payments, providing users with visibility into the status of their transactions. Users receive notifications at each stage of the payment process, ensuring transparency and peace of mind.
• Invoice Management: Veem enables users to create and send invoices to their clients directly from the platform. It provides customizable invoice templates and tracks invoice status, simplifying the billing process for businesses.

By utilizing Veem, businesses can simplify their international payment processes, reduce costs, and save time. It offers a secure and reliable solution for businesses of all sizes to send and receive cross-border payments.