Veem clients will have the ability to immediately generate and issue virtual Visa payment cards that can be used for business payments to third parties like suppliers, or for general business expenses. The card programme, combined with Veem's existing spend management tools, will provide reconciliation and financial benefits to Veem clients, helping to digitise and streamline their manual processes.
Veem is also using Visa Direct to enable its US clients to send money directly to a bank account or eligible Visa card in over 160 currencies. Visa Direct helps allow businesses to move money to billions of endpoints worldwide.
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