Veem Opens Global Payments Platform to Canadian Market

International Small Business Payments Platform to Provide Business Partners Safe, Secure Transactions

OTTAWA, Ontario, Dec. 12, 2018 /PRNewswire/ -- Veem, a global payments company built for small businesses, announced it has extended its payments platform to Canada. Effective immediately, Veem will offer fast, cost-effective, and secure transfers between international business partners in more than 95 countries.

The integration allows Canadian users to execute transactions through the platform in a seamless, transparent manner. The Veem platform supports multi-currency payments. The user is able to see exchange rates as well as currency and transaction identification information for easy reporting and coordination.

"Veem has two priorities - provide safe, secure transactions and expand into markets to better serve businesses regardless of size. At Veem, all customers are treated as enterprise customers, receiving the immediate, individualized attention banks often fail to provide," said Veem CEO, Marwan Forzley.

With Veem, intermediary banks are cut entirely out of the global payments process, allowing businesses in more than 95 countries to process their funds safely, quickly, and at rates banks can't compete with.

About Veem:
Veem is a global payments company built for small businesses. The Company enables users to send and receive payments in local currency through unique multi-rail technology and intuitive dashboard.

Founded by a world-class team of industry veterans with more than 100 years of combined experience in payment processing, Veem's mission is to revolutionize the legacy financial payment system using disruptive technologies, such as blockchain, and build a new user-centric financial ecosystem that services global businesses in their international endeavors.

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SOURCE Veem