Software Alternatives & Reviews

Melio VS Veem

Compare Melio VS Veem and see what are their differences

Melio logo Melio

A digital bill payment solution for small businesses. Pay and get paid for invoices quickly, simply, and without any of the usual costs. Increase cash-flow and reduce hassles by scheduling payments with bank transfers, debit cards, or credit cards.

Veem logo Veem

Simple way to Pay & Get Paid - Send money around the world with just an email address.
  • Melio Landing page
    Landing page //
    2023-03-10

Melio allows small businesses to take control of their cash flow with flexible business payments. A free and easy-to-use B2B payment solution, Melio has no setup or monthly fees. It helps small businesses in the US pay any business expense by ACH bank transfer or credit card - even where cards aren’t accepted. And vendors still get paid their way - by check or bank transfer.

Why Melio: Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment (2.9% fee). Vendors receive a check or bank deposit. Pay with a credit card and hold onto cash for up to 45 extra days. Collect points and rewards along the way. The platform is user friendly, reduces costs. saves you time, and enables SMBs to focus their business rather than logistics. It has a seamless sync with QuickBooks and Xero, which eliminates a dual entry of vendor/bill information.

Currently, Melio is available to small businesses in the US only, though it enables international payments.

  • Veem Landing page
    Landing page //
    2022-12-06

Veem simplifies the way businesses send and receive funds globally. Trusted by more than 400,000 businesses in over 100 countries, Veem offers a suite of payment services to establish and strengthen partner and supplier relationships. Veem’s secure, trackable transactions combined with seamless integrations with popular business applications enable businesses to save time and money, while mitigating risk generally associated with international funds transfers. Veem is licensed and regulated in each country and state it serves.

Melio videos

Pay Your Vendors Like A Tech Smart Boss With Melio (Onboarding and Review)

More videos:

  • Demo - Melio Demo with David Leary

Veem videos

Veem Low Cost International Business Money Transfers

More videos:

  • Demo - What is Veem?
  • Review - Veem Payments Review | Wire Transfer Solution
  • Tutorial - HOW TO GET PERSONAL LOANS WITH VEEM: $50,000 LOAN FROM VEEM! NO CREDIT CHECK REQUIRED! | TEAM TIGGIO
  • Review - VEEM REVIEW 2021

Category Popularity

0-100% (relative to Melio and Veem)
Online Payments
83 83%
17% 17
Cloud Infrastructure
0 0%
100% 100
Accounts Payable
100 100%
0% 0
Cloud Computing
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Melio and Veem

Melio Reviews

4 Best Bill.com Competitors And Alternatives (2022)
This is no reason to be discouraged. There are Bill.com competitors out there, Melio ranking at the top, that are tailor made for small businesses like yours. Melio has a simple, yet fitting tool set, at an incredibly affordable rate for any small business. That’s why I would recommend Melio over Bill.com for any small business in the US.
Source: smbillion.com

Veem Reviews

We have no reviews of Veem yet.
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Social recommendations and mentions

Melio might be a bit more popular than Veem. We know about 4 links to it since March 2021 and only 3 links to Veem. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Melio mentions (4)

  • How open are you with your account and routing numbers?
    I Use Melio Payments (https://meliopayments.com/) - You can set up a free account and you can have them send you money or you can send out money via ACH (which is free) or use a debit or credit card account (Fee associated). I use it to pay my sub contractors weekly. You can only see the last 4 digits of the banking info once you have sent or received it. Ive been using them for almost 2 years and no complains. Source: about 1 year ago
  • Amex Business Plat To Pay Invoices
    You can look into https://meliopayments.com/ . They're basically Plastiq for businesses and support Amex, but they're gonna have a fee. So unless you're trying to hit a SUB, it's not gonna be worth it. Source: about 1 year ago
  • I said what I said
    Looking around for 2 seconds I found this.. https://meliopayments.com. Source: over 1 year ago
  • Invoicing app that is not too fancy.
    Oh Sorry. I didn't realize. I had a vendor just switch to Melio. They're similar in that you can choose a wire or a card etc. Maybe that'll work? meliopayments.com. Source: over 2 years ago

Veem mentions (3)

  • BTC Being held hostage by buyer ~ Dispute/warning
    It seems im being targeted for a veem.com scam. I initiated a trade with someone ('MissTesla') looking to buy btc using transferwise (Wise) method, had done my first trade earlier today and it was super easy. This guy says his wise has an issue so would prefer payoneer or bank transfer. I gave my banking details and they asked me to open a veem.com account so they could send money that way - even offering a higher... Source: 10 months ago
  • Veem.com scam
    Buyer wanted to pay using veem.com. While Veem itself seems to be legit be very careful! Source: about 2 years ago
  • Best bank/e-wallet for receiving funds from the US?
    Try veem.com This is what my boss uses. Around 3-4 days ang process time for it to get directly deposited to your bank account. I use BPI btw. Source: over 2 years ago

What are some alternatives?

When comparing Melio and Veem, you can also consider the following products

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

Hyperledger - Hyperledger is a multi-project open source collaborative effort hosted by The Linux Foundation, created to advance cross-industry blockchain technologies.

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

GoCoin - A secure, boutique, blockchain payment gateway for online merchants, since 2013.

Metaprise - Pay & Get Paid The Way You Want.

Stellar Platform - Ingenious solutions for things that matter to you