Open Money vs. Veem
Open Money vs. Veem
| Product | Rating | Most Used By | Product Summary | Starting Price |
|---|---|---|---|---|
 Open Money | N/A | Founded in 2017, OPEN is a business payments platform that empowers SMEs, startups and freelancers to manage everything from accounts payables, accounts receivables, to auto-reconciliation, accounting, expense management, compliance and payroll in one single platform. Today the platform powers more than 40 lakh SMEs and processes over USD 30 billion in annualized transactions. The platform also adds over 100,000 SMEs every month, making it the fastest-growing platform in this space… | $0 per month per user | |
 Veem | N/A | Veem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice… | $14.99 per month |
| Open Money | Veem | |||||||||||||||
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| Editions & Modules | No answers on this topic | No answers on this topic | ||||||||||||||
| Offerings |
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| Entry-level Setup Fee | Required | No setup fee | ||||||||||||||
| Additional Details | — | One flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). - 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. - ACH/EFT $0 send/receive - Fast Transfer 0.5% for same or next day ACH - Check (US only) $1.99 to send - Veem Wallet $0 send/receive - International wires $0 fees and competitive exchange rates - Global Credit card 2.9% - Global Debit card 1% - Global Instant deposit 1% – min. $1.50 | ||||||||||||||
| More Pricing Information | ||||||||||||||||
| Open Money | Veem | |
|---|---|---|
| Small Businesses |  Square 9 Softworks Score 9.9 out of 10 | Square 9 Softworks Score 9.9 out of 10 |
| Medium-sized Companies | Square 9 Softworks Score 9.9 out of 10 | Square 9 Softworks Score 9.9 out of 10 |
| Enterprises |  Webexpenses Score 8.5 out of 10 | Webexpenses Score 8.5 out of 10 |
| All Alternatives | View all alternatives | View all alternatives |
| Open Money | Veem | |
|---|---|---|
| Likelihood to Recommend | - (0 ratings) | 5.5 (1 ratings) |
| Open Money | Veem | |
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| Likelihood to Recommend | Open Financial Technologies No answers on this topic | Veem
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| Pros | Open Financial Technologies No answers on this topic | Veem
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| Cons | Open Financial Technologies No answers on this topic | Veem
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| Alternatives Considered | Open Financial Technologies No answers on this topic | Veem
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| Return on Investment | Open Financial Technologies No answers on this topic | Veem
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| ScreenShots |