Compare TransferWise and Veem

Comparison

TransferWise

TransferWise is an online money transfer service that helps you save money on international transfers. It offers low fees, fast transfers, and 24/7 customer support. Transfer money quickly and securely with TransferWise. Find out more

Veem

Easily pay vendors and contractors domestically or internationally in over 100 countries, and get paid faster with one simple, yet powerful digital payments solution. Find out more

Why you should consider it
TransferWise has over 7 million customers worldwide TransferWise has saved customers over $4 billion in bank fees TransferWise is 8x cheaper than banks on average	Over 500K+ customers
What are the benefits?
Easy Setup Fast Transfers Low Fees Secure Payments
Things to look out for
Exchange Rate Fees Limits Timeframe
Who is it for?
Expats Freelancers International Students Online Sellers Small Business Owners Travelers	Accountants Accounting Firms Bookkeepers Branch Managers Managers and Leaders Finance Managers Financial Services Technology Providers and Consultants Office Managers Operations Managers Resellers and wholesale Retail Businesses Sales and Marketing Teams Sales Managers Sales Representatives Small Business Owners Software Engineers Startup Companies Web Developers
Features

TransferWise

TransferWise: A Summary

TransferWise is an online money transfer service that allows users to send money abroad quickly, securely, and at a fraction of the cost of traditional banks.

It is ideal for individuals and businesses who need to send money abroad, as it offers competitive exchange rates and low fees.

Key Benefits and Features

Competitive exchange rates
Low fees
Secure transfers
Easy to use online platform
24/7 customer support
Multiple payment options

Who Should Use TransferWise?

TransferWise is ideal for individuals and businesses who need to send money abroad.

It is especially useful for those who need to make frequent international payments, as it offers competitive exchange rates and low fees.

How Does TransferWise Compare to Its Competitors?

TransferWise is one of the most popular online money transfer services, and it is often compared to other services such as PayPal, Western Union, and MoneyGram.

TransferWise offers competitive exchange rates and low fees, making it a cost-effective option for those who need to send money abroad.

Additionally, TransferWise offers a secure and easy to use online platform, as well as 24/7 customer support and multiple payment options.

Help & Support

How long does it take for a transfer to arrive?: The time it takes for a transfer to arrive depends on the country you are sending to. Generally, transfers take 1-3 business days to arrive.
What currencies can I send with TransferWise?: TransferWise supports over 50 currencies, including USD, GBP, EUR, AUD, CAD, and more.
Is TransferWise secure?: Yes, TransferWise is secure. All transfers are protected by 256-bit encryption and are monitored 24/7 for suspicious activity.
Do I need to open an account to use TransferWise?: Yes, you need to open an account to use TransferWise. It's free and easy to open an account, and you can start sending money right away.
How does TransferWise work?: TransferWise works by using the real exchange rate to convert your money and send it to the recipient's bank account. This means you get more money for your money, and the recipient gets the exact amount you sent.
What is TransferWise?: TransferWise is a fast, easy and secure way to transfer money internationally.

Veem

Business payments made easy, for a world of efficiency.

Easily pay vendors and contractors domestically or internationally in over 100 countries, and get paid faster with one simple, yet powerful digital payments solution. With more payment flexibility and visibility, Veem gives small businesses the power to save time and control cash flow.

Pay vendors near and far Veem gives small businesses the power to easily pay domestic and international suppliers and contractors in 100+ countries and 70+ currencies. Plus, there’s no need to enter vendor bank information or manage tedious processes.
Send payments with visibility and confidence Veem’s verified business payments network ensures payments are sent securely and reliably. Know exactly where your payments are with detailed tracking that vendors can see, too. Plus, get live, world-class support 24/7.
Keep it simple and save time Easily send payments with as little information as an email address. Whether you have one or 1,000 payments, it only takes a few clicks to pay. Our intuitive solution also helps you increase accounts payable efficiency with real-time integration into leading accounting software, while automating your processes with configurable approval workflows.
Request payments in a snap Veem makes requesting payments effortless. Easily create professional, digital invoices in a few clicks that gets sent with your payment request email. Or simply share a unique Pay Link to a secure, branded payment portal.
Make it easy to get paid Speed up payments by providing customers flexible options. Get paid from inside or outside the Veem network. Plus, accept credit cards without a merchant account.