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This extension is in our Payment category, and could affect the PCI compliance level of your store. It is the merchant’s responsibility to ensure the proper PCI compliance level of their store, as applicable by PCI regulations. The PCI Self-Assessment is one tool you can use when evaluating Payment extensions and how they may affect your PCI compliance level. For more information on Marketplace policies, please review the Marketplace Terms & Conditions.
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Veem Bank Payments

by Veem
This is an Integration with a Third Party Service. Other charges and fees may be required to use this extension on your Store
TOTAL:
$0.00

Overview

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Veem is a modern global bank-to-bank payments service that allows businesses to send secure, trackable payments, in just minutes with no transfer wire fees to over 96 countries. Veem allows companies to send payments both between and within countries. Don't just pay it, Veem it!

This Veem module for Magento 2 allows you to accept payments directly on your store for B2B transactions. With Veem, customers have the ability to send you secure bank-to bank-transfers during checkout instead of paying with a credit card or using off-platform payments that are disconnected with their order. This method leads to greater customer satisfaction, eliminates credit card fees, and simplifies the payment process.

Accept wire transfers, ACH, and local payment methods directly from your B2B checkout from over 30 countries.

 

Account & Pricing

Downloading the extension is free. To use this extension you need to sign up for a Veem account here.  Veem works under a simple pricing structure where you only pay for what you use. There are no setup, monthly, or hidden fees.  See here for any applicable fees. 

 

Features:

  • Eliminate the high credit card processing fees
  • Connect payments to Magento order numbers to allow for easy reconciliation
  • Automatically release products for clients once the payor pays with Veem
  • Set your payment terms
  • Track your payments from start to finish
  • Allow for early payment with Veem invoice factoring  

 

Security:

We employ the industry’s best security practices and tools to maintain bank-level security for merchants and end customers. Veem is GDPR compliant. Our secure checkout runs as an iFrame modal over your website. Tokenization is used to run transactions with stored payment information. No confidential data is ever stored on your server.

For more information please reach out to Magento@veem.com

Technical Specifications

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Seller profile

Veem

Seller contact

E-mail

Integrator

Veem

Current Version

100.0.2

Magento platform compatibility

Open Source (CE): 2.3 (current), 2.2 (obsolete)

Commerce on prem (EE): 2.3 (current), 2.2 (obsolete)

Type

Stable Build

Updated

28 June, 2019

Categories

Extensions, Payments & Security, Checkout Enhancements, Payment Integration

Supported Browsers

Chrome, Firefox, Opera, Safari, Edge, IE

Documentation

Installation Guides

License Type

MIT License (MIT)

Policy

Privacy Policy

Quality Report

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Installation & Varnish Tests

Passed

Coding Standard

Passed

Plagiarism Check

Passed

Malware Check

Passed

Marketing Review

Passed

Manual Testing

Passed

All tests were conducted on the latest versions of Magento that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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100.0.2:

  • Compatible with Open Source (CE) : 2.2 2.3
  • Compatible with Commerce on prem (EE) : 2.2 2.3
  • Stability: Stable Build
  • Description:

    - Fix issue with paid amount not being registered after creating Magento Invoice
    - Fix issue with Magento Invoice not being set as paid after being created
    - Fix issue with claim button click not working

100.0.1:

  • Compatible with Open Source (CE) : 2.2 2.3
  • Stability: Stable Build
  • Description:

    Version 1.0.1:
    - Compatible with CE: 2.2, 2.3
    - Compatible with EE: 2.2, 2.3
    - Stability: Stable Build
    Description:
    Initial Release.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.

Contact Vendor

Q & A

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Reviews

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