---
description: Get detailed information about Veem usability, features, price, benefits and disadvantages from verified user experiences. Read reviews and discover similar tools on Capterra Israel.
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title: Veem Price, Reviews & Ratings - Capterra Israel 2026
---

Breadcrumb: [Home](/) > [Payment Processing Software](/directory/30232/payment-processing/software) > [Veem](/software/1017358/veem)

# Veem

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> Veem helps small businesses save time and money by simplifying the way they send and receive payments domestically and internationally.
> 
> Verdict: Rated **3.8/5** by 49 users. Top-rated for **Likelihood to recommend**.

-----

## Overview

### Who Uses Veem?

For small businesses that want to pay and get paid domestically and internationally–simply, efficiently and cost-effectively. The Accountant Program helps firms better serve their business clients.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **3.8/5** | 49 Reviews |
| Ease of Use | 4.0/5 | Based on overall reviews |
| Customer Support Software | 3.5/5 | Based on overall reviews |
| Value for Money | 3.7/5 | Based on overall reviews |
| Features | 3.9/5 | Based on overall reviews |
| Recommendation percentage | 70% | (7/10 Likelihood to recommend) |

## About the vendor

- **Company**: Veem

## Commercial Context

- **Starting Price**: US$14.99
- **Pricing model**: Flat Rate (Free version available)
- **Pricing Details**: One flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD).&#10;- 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction.&#10;- ACH/EFT $0 send/receive&#10;- Fast Transfer 0.5% for same or next day ACH&#10;- Check (US only) $1.99 to send&#10;- Veem Wallet $0 send/receive&#10;- International wires $0 fees and competitive exchange rates&#10;- Global Credit card 2.9%&#10;- Global Debit card 1%&#10;- Global Instant deposit 1% – min. $1.50
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based
- **Supported Languages**: English, French, German, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Traditional Chinese
- **Available Countries**: Albania, Algeria, Argentina, Armenia, Australia, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Bermuda, Brazil, Brunei, Bulgaria, Canada, Cayman Islands, Chile, China and 81 more

## Features

- ACH Payment Processing
- Accounts Payable Software
- Accounts Receivable Software
- Bank Reconciliation
- Billing & Invoicing
- Financial Reporting Software
- Invoice Processing
- Multi-Currency
- Multiple Payment Options
- Payment Processing Software
- Reporting/Analytics
- Third-Party Integrations
- Transaction Monitoring

## Integrations (5 total)

- NetSuite
- Online Auction System
- Plaid
- Xero
- Zapier

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base Software
- Phone Support
- 24/7 (Live rep)
- Chat

## Category

- [Payment Processing Software](https://www.capterra.co.il/directory/30232/payment-processing/software)

## Related Categories

- [Payment Processing Software](https://www.capterra.co.il/directory/30232/payment-processing/software)
- [Billing and Invoicing Software](https://www.capterra.co.il/directory/30015/billing-and-invoicing/software)
- [Accounting Software](https://www.capterra.co.il/directory/1/accounting/software)

## Alternatives

1. [PayPal](https://www.capterra.co.il/software/179251/paypal) — 4.6/5 (26600 reviews)
2. [Venmo](https://www.capterra.co.il/software/182159/venmo-) — 4.7/5 (9302 reviews)
3. [Stripe](https://www.capterra.co.il/software/123889/stripe) — 4.6/5 (3370 reviews)
4. [Square Payments](https://www.capterra.co.il/software/170278/square-payments-processing) — 4.7/5 (2706 reviews)
5. [QuickBooks Online](https://www.capterra.co.il/software/141374/quickbooks-online) — 4.3/5 (8511 reviews)

## Reviews

### "Awful Experience – First and Last Time Using Veem" — 1.0/5

> **Verified Reviewer** | *3 July 2026* | Automotive | Recommendation rating: 0.0/10
> 
> **Pros**: Nothing. Unfortunately, I did not have a single positive experience using Veem. The platform completely failed to meet my expectations from start to finish.
> 
> **Cons**: Extremely poor customer support, automated and generic replies, excessive delays, lack of transparency, and being charged approximately USD $30 for a transfer that ultimately failed. Every interaction required unnecessary waiting, and no one provided a clear explanation or timely resolution.
> 
> My experience with Veem was awful from start to finish.&#10;&#10;The payment was sent on June 18 and took 3–4 business days just to appear in my Veem account. When the funds were transferred to my bank, the transaction failed and the money was returned to the sender. Despite the transfer never being completed, I was still charged approximately USD $30 in fees.&#10;&#10;The worst part was dealing with customer support. Instead of receiving meaningful assistance, I repeatedly received generic automated responses that failed to answer my questions. After waiting for weeks, on July 3 I was informed that my case had been escalated and that the investigation could take an additional 3 to 21 business days. After already waiting since June 18, asking customers to wait several more weeks for a resolution is simply unacceptable.&#10;&#10;Veem promotes itself as an international payment platform, but my experience was the opposite of reliable. Slow processing, poor communication, and ineffective customer service made what should have been a simple payment an unnecessarily frustrating experience.&#10;&#10;This was my first and last time using Veem. I would not recommend this platform to anyone looking for a reliable international payment service.

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### "Avoid Veem: They withhold funds and ignore escalations. The don't know where my money is and they admitted to it." — 1.0/5

> **Farai** | *7 May 2026* | Marketing & Advertising | Recommendation rating: 0.0/10
> 
> **Pros**: The initial setup of the platform was straightforward, and the interface appears user-friendly. However, any positive attributes are completely overshadowed by the platform's failure to perform its core function: the reliable transfer of funds.
> 
> **Cons**: The lack of transparency and the failure of their support team are unacceptable. The platform provides misleading information, claiming funds are "Deposited" when the receiving bank has no record of the transfer. Furthermore, the support team (Client Services) is unresponsive to urgent escalations and refuses to provide industry-standard tracking information, such as a Federal Reference Number or Swift MT103.
> 
> My experience with Veem has been catastrophic. A technical error on their end resulted in a multi-day payment delay. Because I could not access my funds, I was unable to afford transportation to my workplace and subsequently lost my job. Despite explaining the severity of the situation, Veem’s support team provided scripted responses and then went completely silent. They have failed to provide a tracking number to my bank, and I have been forced to escalate this to the CFPB and the BBB. I would strongly advise any business or individual against using this platform if they require reliability or professional accountability.

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### "HORRIBLE, PLEASE STAY AWAY\!\!\!\!\!\!\!\!" — 1.0/5

> **Byron** | *5 September 2025* | Computer Software | Recommendation rating: 0.0/10
> 
> **Pros**: When it worked, it was like a bank...quick direct deposit; however, the number of issues and horrible customer service overshadows any possible good that may come from this company.
> 
> **Cons**: 1. NO Customer service - It is non existent\!  No response to chat or email, and you're lucky if you EVER get a person on the phone.  &#10;2. POOR performance - Consistently late depositing funds, even with the 'Instant Transfer' fee agreement cost of $20/transaction.&#10;3. NO accountability for their own actions or issues caused by their system/processes, always shifting blame. &#10;4. NO sense of urgency in resolving issues caused by their own systems, or even implementing tools or processes for sustainable improvement.  Seems they only care about getting your money, holding onto it long enough to make a few $$ off interests, then releasing it to you at their convenience.
> 
> STAY AWAY\!\!\!\!\!\!\!  PLEASE DO NOT USE THIS VEEM PLATFORM\!\!\!&#10;If I could give 0 stars, I would\!\!  This platform, and the company as a whole, are just horrible\! &#10;I have several documented incidents where clients have submitted funds for payment and Veem has held onto the funds longer than their own policy states.  The generic answer we would receive, "Please accept our apologies...it's due to a third-party issue...".  &#10;This answer would only come once you have escalated the matter and exhausted all other options to get someone on the phone.   I informed our client that we can no longer use this platform, and they fully supported our team, as they had full visibility of the issues. &#10;NOTE:  We pay for the "instant transfer" service, and due to the large deposits we are charged the max $20 for each transaction....and STILL, they are always delayed depositing funds.  Coming up with a last minute excuse to place blame elsewhere.

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### "Due to recent experience, I don't trust Veem" — 1.0/5

> **Brian** | *2 December 2024* | Business Supplies & Equipment | Recommendation rating: 0.0/10
> 
> **Pros**: Worked OK. Did what it was supposed to do, until it didn't.
> 
> **Cons**: They broke their own two-factor authentication -- one day, without prior notification to us, their system was no longer capable of sending SMS messages for authentication. I could no longer sign in to our account. Many attempts at working with their customer service to fix this dragged on for a couple weeks. Meanwhile, we couldn't pay our suppliers on time, and our reputation took a hit. The problem never did get fixed. We changed to a different payment platform, which took time. And now, after several requests to cancel our account, they are still withdrawing the $19.99 monthly fee from our bank account. Infuriating\!

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### "2 months Delayed Receivables" — 1.0/5

> **Gem** | *9 July 2024* | Chemicals | Recommendation rating: 1.0/10
> 
> **Pros**: It was easy to set up every invoice and details to my account
> 
> **Cons**: Where the issue is was not identified. My client kept letting me know that the payment has been submitted and Veem won't even contact me if a payment was stuck somewhere. I contacted them via email and phone but got no response as to where my expected receivable payment is even after status says that payment has been submitted by my client to Veem\!
> 
> Just a very bad start. It is just one job for Veem and they failed badly. First impressions last.

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