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VEEM is designed to provide a global payment solution that integrates payment systems across financial institutions globally. It aims to deliver innovative experiences for merchants, consumers and businesses worldwide through an open and interoperable platform. The document discusses how VEEM currently enables payments and will expand its capabilities and global reach over time to improve payment experiences and reduce costs.

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Albert Etsiwah
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0% found this document useful (0 votes)
21 views

Attachment 1

VEEM is designed to provide a global payment solution that integrates payment systems across financial institutions globally. It aims to deliver innovative experiences for merchants, consumers and businesses worldwide through an open and interoperable platform. The document discusses how VEEM currently enables payments and will expand its capabilities and global reach over time to improve payment experiences and reduce costs.

Uploaded by

Albert Etsiwah
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Running Head: VEEM 1

Reply post Content 1:

Santhosh :

VEEM is designed to provide a global payment solution. VEEM utilizes the VEE Visa Signature
program as a global payment solution, but VME is also designed to serve as a global payment
solution. VEEM is a global, open, and interoperable platform that will deliver innovative
experiences to merchants, consumers and businesses. VME will be a global, open, and
interoperable infrastructure for banks and payment processors, enabling payment services to
billions of global merchants and consumers, including payment processors. VME is a global
organization providing worldwide access to the best IT solutions and services. In its current
incarnation, VEEM is a solution that integrates the payments systems of banks, payment
gateways & banks to enable financial transactions to happen seamlessly across all types of
financial institutions across global regions. VEEM will enable financial transactions across the
globe as a complete global payment solution across all payment hubs in the coming years. In its
current form, VEEM is used by financial institutions and banks to enable global payments.
VEEM will be rolled out in phases as it takes its course to develop and implement the
technology. The VEEM initiative will improve the payment experiences and reduce costs.
VEEM offers a range of online services through a VEEM portal which allows payments
(payment gateway) to be paid to customers using a mobile device. VEEM payments through
VEEM App allow customers to get access to many payment services. It also allows the customer
to get access to banking information.
VEEM also offers a service called PayPal for financial companies such as PayPal, Amazon,
PayPal-Bank, and Visa, allowing its customers to use the PayPal app on their phone, enabling
them to make and receive payments. VEEM also offers many services for international credit
cards through a website. With the VEEM initiative, customers will pay for their international
financial transactions using the VEEM app. Customers will also have an option to pay with
VEEM, and they are also paid with cards by providing VEEM credentials. This is a significant
milestone for the country and VEEM’s global community, said VEEM Chairman and CEO
Kunal Nath Rao. For nearly two decades, VEEM has been one of the most valuable and
successful payment system companies globally; as the leading provider of financial services
online, to improve the world on its way to sustainable economic growth and provide innovative
solutions. Since its inception, VEEM has successfully introduced payment gateway solutions
into more than 130 countries worldwide. With the introduction of the VEEM app, customers can
now pay with a mobile device using credit or debit cards compatible with VEEM technology,
such as Visa, PayPal-Banking, and other financial services. Since it launched in 2008, VEEM
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has already provided over 12,000 international accounts, which has helped build a significant
portion of its global customer base to this day. VEEM also provides services for financial service
providers and merchant partners to access VEEM’s services through the mobile app, enabling
them to create new accounts, upgrade their existing services, and take advantage of VEEM
services to reduce fees. VEEM has a global network of over 40 merchant partners, including
significant bank groups. Some of them have over 10,000 cardholders. VEEM’s merchant
partners include over 200 credit cards and over 70 debit cards.

Reply Post Content 2:

Ketan:

Bookkeeping stars invite Veem as a simple answer for a deep-rooted problem area: worldwide

installments. The Veem-QuickBooks® coordination permits bookkeepers to deal with their

customers' worldwide installments while never leaving the stage. It is quick, advantageous and

safe.

This convenience, alongside secure exchanges, customized administration, and mechanized

compromise, make Veem well known with bookkeepers.

Veem is committed to advancement, greatness and thought administration in the field. Veem's

multi-rail framework joins blockchain innovation with customary exchange techniques. The

application's shrewd directing picks the quickest, most secure and most expense proficient course

for every installment. The stage gives continuous following to every exchange, and Veem's

customer administrations group is committed to giving clients the most ideal client experience.

The mix of these highlights makes Veem extremely applicable in the worldwide installments

space.

At the focal point of each payment, there is a relationship. Regardless of whether it's between a

purchaser and merchant, a consultant and friends, or producer and seller, the strength of that

relationship relies on quick and secure payment. Regardless of the natural trust in business
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connections, numerous heritage monetary foundations overlook the significance of building solid

business connections. These foundations work with uneven and shut exchanges.

At Veem, we consider installments somewhat better. Our associated worldwide organization puts

the connection among payer and payee at the focal point of the installment. This industry driving

stage is known as a relationship-based payment organization. On account of the force of

organization impacts, Veem improves worldwide business connections. Veem's relationship-

based payment network likewise makes associations between organizations all throughout the
planet. At the point when you pay with Veem, you become an individual from the organization,

interfacing you to accomplices all throughout the planet.


VEEM 4

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