Clients using a Debit Card to pay will now incur a fee of 3.5% of the total payment amount. This change will help Veem continue to expand and offer a variety of ways to pay confidently. Veem will also continue to offer secure and easy ACH at no cost. For more information, review the FAQ below:
What is changing and why?
Sending payments with a Debit Card will now have a 3.5% fee on the total payment transaction amount. Veem wants to continue to offer an expanding list of secure payment options and enhancements. In order to do this, we’ve had to re-evaluate the fees we charge on some of our services. ACH payments will continue to be at no cost and a secure alternative that helps to avoid disruptions to your process.
When will this change be effective?
This change will be effective February 15, 2022.
What other payment options are available?
Veem continues to offer a variety of business payment options. For domestic payments, we offer ACH, checks, debit and credit cards, as well as wallets. For international payments, we offer wires, debit, credit card, and wallet payment options when sending in USD, to over 100 countries.
Some restrictions may apply based on payment type and if it's international or domestic. Read this article for more information.
Have more questions?