Welcome!

Veem

 

Veem Payments Review: Features, Costs, Alternatives

 Veem is a digital payment processor that allows customers to send and receive domestic and international payments.

Veem is a digital payment processor that allows customers to send and receive domestic and international payments. Think of it as an alternative to traditional wire transfers, with some added features that will make the financial operations in your business easier.

Veem works well for any size business that collects payment primarily through invoicing. Although there are other solutions available to send payments for free, Veem goes one step further and allows businesses to accept both local (domestic) and cross-border (foreign) payments for free. You’ll be able to avoid bank inefficiencies and unnecessary fees for both you and your international customers.

How does Veem work?

Veem is a secure payment network that streamlines the wiring process not only to speed it up but also to cost you less.

Using multi-rail technology, Veem can process payments safely and securely through a digital ledger of transactions. This effectively eliminates the intermediary banks — and their corresponding fees — that are used in the traditional wiring process.

In addition to speeding up payments and making them less costly, Veem integrates with QuickBooks Online, Xero and NetSuite. This means your Veem payments and invoices will automatically load into your business’s accounting software.

Add in invoicing, unlimited accounts payable and accounts receivable management, sophisticated workflows, and 1099 tracking, and Veem is a full payments management solution for your business.

How much does Veem cost?

Whereas a traditional bank wire typically costs anywhere from $15 to $49, transfers made through Veem are mostly free. Veem is transparent about the few exceptions:

• 2.9% for credit card transactions. Veem was designed for electronic bank transfers. You do have an option to send payments via credit card, but a 2.9% transaction fee applies.

• 1% for instant deposit. Most payments made through Veem will land in your bank account within three business days. If you want your money instantly deposited to a debit card, you'll pay a 1% transaction fee. A $1.50 minimum fee applies.

• $29 for international payments in USD. If you're paying someone outside of the United States who wants to receive their payment in U.S. dollars, you'll pay a fee of $29. However, if you and your payee both use Veem Wallet, this fee is waived. Your payee can then withdraw funds from their Veem Wallet to their bank account in their local currency at a competitive foreign transaction fee.

And that’s it. There are no subscription fees, usage fees or additional transaction fees even if you mail a check through Veem.

Benefits of Veem

Benefits of Veem for both payers and payees include:

• Accounts payable and accounts receivable management. When your business uses Veem, you get access to customizable invoicing, payment links and the ability to make multiple payments all at once. You also get a dashboard to help you track payments made or received through Veem, even those that are still in transit.

• Free payment availability. It bears repeating that Veem payments are almost entirely free. Just remember to avoid the $29 charge that Veem will apply to your international payments by asking the recipient to either accept payment in their local currency or use Veem Wallet.

• Competitive foreign exchange rates. Veem offers stellar foreign exchange rates. If you’re invoicing an international customer or paying an international vendor, Veem will be able to convert your currency at some of the fairest rates around.

• No additional hardware or complicated setup necessary. Veem is unique in that it won’t require your business to invest in any additional hardware in order to process payments. Other payment processing services might require your business to buy smart devices, card readers or countertop displays. Your business will simply need internet access to send and receive Veem payments. Also, the effort necessary to set up your Veem account is nominal; an account can be set up in under five minutes.

Drawbacks of Veem

There aren’t many drawbacks to using Veem, but there are a couple:

• Veem isn’t 100% available in every country. Although Veem gives you the ability to complete transactions in over 80 currencies and to more than 110 countries, some countries are set up only to receive payments. Your customer might not be able to send you money through Veem.

• Your customers pay more to pay you by credit card. Some customers prefer to pay using a credit card, but additional fees to pay that way can be a turnoff. Veem charges the payer 2.9% per transaction to pay by credit card, something you’ll want to keep in mind before sending a Veem payment link to your customers. Additionally, if you need a point-of-sale credit card processing system, you'll need to use a more traditional payment processor.

Alternatives to Veem

Melio is Veem’s closest competitor. Melio offers the same features and benefits as Veem — including mostly free payments — with two notable exceptions:

1. Melio supports limited countries outside the U.S. (currently, just Canada, the U.K. and the European Union).

2. Melio currently syncs only with a limited number of accounting software products, including QuickBooks Online.

Additions to Veem in your tech stack

You might find that Veem meets most of your needs but that you need a bit more. The following solutions are great add-ons to your payment-processing tech stack.

Square

Square offers a multitude of ways to convert your business’s smart devices into powerful, comprehensive POS systems.

With Square’s affordable hardware and software options — its free magstripe reader and the free Square Point of Sale app — your business will be able to accept card payments, offer recommended tip options, capture signatures and send receipts. And you’ll be able to do it all from a smartphone, tablet or iPad.

Note that, unlike Veem payment processing, Square’s payment processing won’t be free — you’ll have to pay a Square fee that starts at 2.6% plus $0.10 for non-manual card transactions.

Then, should your business need to send or receive wires, you can turn to Veem for free payments and invoicing.

Sign up for veem now

Audible

 

All Your Questions Answered About Amazon Audible

Audible, Amazon’s audiobook subsidiary, has been gaining a lot of attention lately. It offers a wide variety of audio content for both educational and entertainment purposes. For many people, it’s an easy and convenient way to access books, podcasts, and more. But if you’re new to the platform, you may have questions about how to get started or how to make the most of your Audible account. In this guide, we’ll answer all your questions so you can begin listening right away.

Introduction to Amazon Audible

Amazon Audible is an audio book and podcast streaming service that is owned by Amazon. It allows users to stream and download audio books, podcasts, and other spoken-word content on a wide variety of devices. With Audible, users have access to over 200,000 titles, including bestsellers, classics, and new releases. Audible also offers exclusive content and original series. Audible has a variety of subscription plans, ranging from a free trial to premium plans with discounts and additional benefits.

How to get started with Amazon Audible

The first step is to create an account. You can do this by visiting the Amazon Audible website or by using the Amazon Audible app on your smartphone or tablet. After you have created an account, you will need to choose a subscription plan. There are three subscription plans available: a free trial, a monthly plan, and a yearly plan. The free trial allows you to access all the content on the platform for 30 days. The monthly and yearly plans offer different benefits, such as more audiobooks and longer library privileges. You can also choose to subscribe using a credit card. After you have chosen your subscription plan, you will need to provide your personal information, such as your email address and password. You will also need to provide your Amazon account information, such as your shipping address. Once you have provided all of this information, you are ready to start enjoying all the content that Amazon Audible has to offer.

Once you have signed up for an account and selected a subscription plan, it is time to sign in. If you have not done so already, go ahead and download the free app for iOS or Android. Once downloaded, open up the application, select "sign in," enter your credentials, hit accept/login (depending on whether you want cookies enabled) then click "Sign Out" after each session ends.

What is Amazon audible?

Amazon Audible is an audiobook and podcast streaming service from Amazon. It allows users to access a library of over 200,000 audiobooks, podcasts, and other audio content.,

How Does an Audible 30 Day Free Trial Work?

An Audible 30 Day Free Trial allows you to sign up for an Audible account and get one free audiobook per month. You can keep the book even after the trial ends, and you also get access to exclusive sales and discounts. Additionally, if you decide to continue your membership, you will receive a 30% discount on additional books. To start your 30 Day Free Trial, simply go to the Audible website and select "Start Your Free Trial" from the homepage. You will then be prompted to enter your payment information and create an account. Once this is done, you will be able to select and download your free audiobook.

Try Audible Plus

How Can You Listen to Your Audible Audiobooks?

You can listen to your Audible audiobooks on any device that supports the Audible app, including Apple and Android phones and tablets, Amazon Echo devices, Windows 10 PCs, Fire TV, and more. You can also listen on your computer using the Audible website.

What Are The Basics of an Audible Membership?

The basics of an Audible membership are as follows:

1. Access to a library of over 200,000 audiobooks and other audio content.

2. One free audiobook every month.

3. The ability to purchase additional audiobooks and audio content at discounted prices.

4. The ability to listen to your audiobooks anywhere with the Audible app.

5. Access to exclusive offers and promotions.

6. The ability to switch between different devices with seamless synchronization.

What is the Quality of Audible Audiobooks?

The quality of Audible audiobooks varies depending on the title, but most audiobooks are of high quality. Audible offers a variety of audiobook formats, including standard MP3, Apple Lossless, and Audible Enhanced Audio. All audiobooks are encoded at 128 kbps, which is generally considered to be CD-quality audio.

How Much Do Audiobooks Cost on Audible?

Audiobooks on Audible typically cost between $7.95 and $14.95, depending on the length of the book and the publisher's pricing. Audiobooks can also be purchased as part of a subscription plan, with prices ranging from $14.95 to $22.95 per month.

Which Devices Are Audible Available On?

Audible is available on a variety of devices, including iOS and Android phones and tablets, Windows and Mac computers, Amazon Fire tablets, Apple Watches, and more.

How Can I Download Audible Audiobooks?

You can download Audible audiobooks on the Audible website or in the Audible app. To download audiobooks, you will need to be an Audible member and have credits or a membership plan. Once you have chosen an audiobook, select “Buy Now” or “Add to Library” and follow the instructions to complete your purchase. Your audiobook will then appear in the “My Library” section of the app or website. You can then select the “Download” button to begin downloading your audiobook.

Can I Listen to Audible on Alexa?

Yes, you can listen to Audible books on Alexa. To do so, you need to enable the Audible skill on your Alexa device. Once enabled, you can ask Alexa to play your audiobooks.

How to Get Free Books on Audible

1. Sign up for a free trial: Most new customers can sign up for a free 30-day trial and get one free Audible book.

2. Take advantage of Amazon Prime: With an Amazon Prime subscription, you get access to the Prime Reading library and two Audible Originals each month.

3. Look for special offers: Audible often runs promotions and offers discounts or even free books.

4. Check out third-party sites: There are several websites that offer free Audible books, including FreeAudibleBooks.org and AudiobooksNow.

5. Try out podcasts: Many podcasts offer full audiobooks as part of their episodes.

Can I Return Audible Audiobooks?

Audible does not have a return policy for audiobooks. However, if you are unhappy with your purchase, you can contact Audible Customer Service at 1-888-283-5051 to discuss your options.

How Do I Sign Up to Audible?

1. Go to Audible.com and click on "Sign In" at the top right of the page.

2. Enter your Amazon account information or create a new account if you don't have one.

3. Select a membership plan, such as the 30-day free trial or the monthly plan.

4. Enter your payment information and click on "Continue" to complete the sign-up process.

5. Start listening to audiobooks by browsing the library or searching for specific titles.

How Do Audible Credits Work?

Audible credits are a type of currency that you can use to purchase books from the Audible store. You can purchase Audible credits in packages of 1, 2, 3, 6, 12, or 24. Each credit is equal to one audiobook, no matter the price. You can also use credits to purchase any other type of content from the Audible store, such as newspapers, magazines, and short stories. When you purchase an Audible credit package, you will receive a code that you can redeem for the corresponding number of credits. You can then use those credits to purchase items from the Audible store.