Yes, in addition to bank and Veem Capital funding methods, Veem now offers the flexibility to make payments with credit cards
Who can pay using a credit card?
Senders in the United States are able to add their credit or debit card as a funding method to make any domestic payments.
Can I use my card to fund all of my payments?
You can send payments funded from your card to any recipient in the US. If you are paying a non-US recipient, you will not see the option to use the card funding method.
Is there a limit to how much I can send when using my card to fund the payment?
There is a $5000 USD limit per payment. If you are sending a payment of more than $5000 USD, please reach out to Veem's client services at firstname.lastname@example.org
How much does it cost to send payments with my card?
There is a 2.9% fee when using your card to fund payments, and no fees for your recipient!
How do I select to use my card when creating a payment?
If the payment is eligible to be funded from the card, you will see the option at the top of the send payment flow page to select the funding method.
You can also select it as the default funding method in your Veem account Settings under the Funding tab > Funding Routes.
Which type of card can I use?
We currently support business Visa cards, and business and personal MasterCards.
Can I set up more than one credit card on my Veem account?
At this time, you are able to set up one card on your account at a time.
Can I use my card to pay synced bills from QBO or Xero?
Not at this time.
Can I use my card to fund a mass payment?
At this time, we are not able to support Mass Pay from credit cards.