Veem, a leading provider of global accounts payable and receivable solutions for businesses, has expanded its real-time payment capabilities, by releasing of virtual cards for small businesses in the U.S.
The cards are powered by Visa, and in partnership with Marqeta, the global modern card issuing platform. They are designed to allow customers to get paid in minutes and use those funds to make purchases anywhere Visa is accepted.
The introduction of Veep’s Virtual Card marks the latest addition to Veem’s wide array of payment options
“Veem’s Virtual Card represents a transformative leap forward enabling customers to have quicker access to funds and unparalleled payment flexibility.” said Marwan Forzley, CEO of Veem. “Getting paid faster and managing spend are key ingredients for cash flow management”.
Todd Pollak, Chief Revenue Officer, Marqeta, said: :“Small businesses are the backbone of our economy, yet face many struggles when it comes to managing spending. Companies like Veem have partnered with Marqeta to make it easier for businesses to manage their spending and stay ahead of expenses.
“Marqeta’s platform enables Veem to launch virtual cards quickly through our open APIs and create a seamless experience for their cardholders.”
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