{"id":384104,"date":"2020-11-18T09:10:12","date_gmt":"2020-11-18T14:10:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384104"},"modified":"2020-11-18T09:10:12","modified_gmt":"2020-11-18T14:10:12","slug":"veem-expands-us-product-offering-to-simplify-domestic-business-payments","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/veem-expands-us-product-offering-to-simplify-domestic-business-payments\/","title":{"rendered":"Veem expands US product offering to simplify domestic business payments"},"content":{"rendered":"

\nVeem\u2019s latest US product offering positions the firm to become go-to domestic payment option for businesses
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San Francisco, Nov. 18, 2020 (GLOBE NEWSWIRE) — Veem<\/strong><\/a>, a leading provider of online payment solutions for small-to-midsize businesses, today announced the launch of Veem Check. With this new product functionality, US-based users can now issue all of their domestic payments \u2014 online, check, or Instant Deposit \u2014 within minutes on Veem.<\/p>\n

US businesses no longer need to rely on multiple providers to make payments. As small-to-midsize businesses continue to work remotely, Veem automates the payment process through its extended suite of domestic payment products. Users can issue payments from a single platform on their desktop or smartphone regardless of their vendor\u2019s account status \u2014 significantly reducing the time and costs associated with domestic business transactions.<\/p>\n

\u201cSmall business owners, financial controllers, and accountants are moving away from paper-based payments and manual processes as the pandemic increases the demand for online payment solutions,\u201d said Marwan Forzley, Chief Executive Officer of Veem<\/strong>. \u201cThe addition of Veem Check strengthens our domestic payment offering considerably. You can now pay anyone in the US using Veem – even if they don\u2019t have an account with us.\u201d\u00a0<\/p>\n

Veem brings transparency to the online, check, and Instant Deposit payment process with real-time tracking. Veem\u2019s centralized platform improves the accounts payable process and automates the time-consuming burden of identifying and processing individual payment transactions.\u00a0<\/p>\n

This combined payment solution is unique compared to others in the market. Alternative payment providers assign monthly subscription fees and require banking information in order for a transaction to take place.\u00a0<\/p>\n

\u201cYou can\u2019t predict the moment you\u2019ll need to make a transaction or reconcile a payment, but now you can manage it all without having to step foot in a bank,\u201d said Forzley. \u201cThis makes a significant difference for today\u2019s growth-focused small business owners, giving them back valuable time in their day and one less thing to worry about.\u201d<\/p>\n

\n Key features and capabilities:\u00a0<\/strong>\n <\/p>\n