EASY Simplify international wire transfers and enhance your productivity.Less time with your bank,  more time for your business.HELPFUL Our payment tracking and dashboards are built for your business needs.We’re here to help every step of the way.No wire fees, free domestic transfers, great FX rates.Let’s give less money to banks and more money to you.Pay and Get Paid in Over 60 Countries (Now live in the UK!)For businesses, Veem is the easiest way to send and receive money in over 60 countries.Our platform allows companies and contractors/freelancers to track payments in real time.You’ll never worry about where your money is again.Our Services As a business, take advantage of these services we offer.Send Payments Use Veem to send domestic and global business payments.All you need is your receiver's email to begin.Never pay unfair bank wire fees again.Receive Payments Do you find billing your distributors or business partners painful?Are you frustrated when the payment shows up short?

Mass Upload Frustrated with having to pay your invoices one by one?With our Mass Upload feature, you can save time and upload multiple invoices in seconds!Pay and Get Paid Now!The last thing you need is to be stuck figuring out how to make overseas payments.This is where we can help since our platform is designed with simplicity in mind.Set-up your profile 2.Send or request business payments 3.Money is delivered to and from an existing bank account.Transactions Are Secure and Insured At Veem, your security is our priority.We use the most sophisticated, industry-leading technology secrurity protocols available on the market.All information stored, shared or uploaded on the platform is encrypted with the most advanced tools available.Veem is insured and licensed in all the markets we serve.You’re insured against theft and external hacking and for losses due to operational errors and omissions.We’re a Payment Service Provider that serves over 60 countries, hold a number of Money Transmitter licenses, and are registered with the Financial Crimes Enforcement Network (MSB registration No.

Pay and Get Paid with Us NOW!With our simple and easy to use platform, make expensive hidden fees a thing of the past.About Us Blog Partner Program Careers Support Center Learn More FAQ Zero Fees Multi-Rail Legal LicensesCustomer ServiceSite MapPrivacy PolicyAdvertisingAd ChoicesTerms of UseYour California Privacy RightsCareersAll products and services featured are based solely on editorial selection.FORTUNE may receive compensation for some links to products and services on this website.Quotes delayed at least 15 minutes.Market data provided by Interactive Data.ETF and Mutual Fund data provided by Morningstar, Inc.S&P Index data is the property of Chicago Mercantile Exchange Inc.Powered and implemented by Interactive Data Managed SolutionsIn Asia we have seen the meteoric rise of apps such as WeChat and Alipay, which have made mobile payments mainstream by integrating the technology into the daily lives of Asian consumers.Mobile penetration in Asia is very high; nearly 75% of Asian consumers use a smartphone, and the majority uses their mobile device to pay for goods and services.

With the likes of Tencent and Alibaba offering a one-stop-shop for commerce and payments, e-wallets offer an unrivalled level of simplicity and convenience, which has helped drive innovation within this space.Mobile growth across the entirety of the region is driven by two main reasons.Firstly, the region has leapfrogged years of legacy technology, which has created an environment ripe for innovation and technological development.Secondly, the young Asian population is very tech savvy, which has resulted in the rapid adoption of new technologies.bitcoin casino no minimum depositBusinesses such as LINE, WeChat and Kakao have undoubtedly played an important role in bringing technology to the heart of Asian consumers’ daily lives.bitcoin onion sitesIt’s also important to remember that Asia has traditionally been dominated by cash, and that many consumers still prefer non-card payment methods.bitcoin hex

In China, for instance, we’ve seen people jump directly from cash payments offline to a robust mobile payments economy.Worldpay’s Global Payments Report found that more than 60% of online transactions in China are made using a non-card method.What are the most exciting, new and inventive mobile payments innovations in Asia?One of the most exciting things we have seen in Asia has been the rise of the “super-apps,” which have become the gateway to a host of consumer services, including payments, a trend which WeChat has pioneered in Asia.ethereum price of gasAlthough this trend has been quite unique in Asia until now, we are also starting to see Western companies adopt this philosophy.bitcoin aktie chartFacebook, for example, have been working to expand their services around Messenger, including integrating P2P payments and Uber services into the messaging interface.bitcoin rising llc

I also see invisible payments as one of the most exciting trends to look out for.Internet of Things technology is reaching the point of ubiquity, which means payments will follow.Smart cars, smart houses and smart offices all have the potential to contain a payments element.Recently, Alibaba unveiled its connected car, enabling drivers to pay for parking, gas and coffee without leaving the vehicle.This has been a relatively untapped market thus far, but I see this as a huge opportunity moving forwards.What emerging economies are next?With a population of 250 million, Indonesia’s sheer size and rank as one of the world’s top 20 economies indicate that it is primed for a mobile payments explosion.The Philippines is also an exciting market.More than half of the country’s 100 million inhabitants is English speaking and it’s not hard to imagine it following in the footsteps of Thailand, the only other Asian nation that ranks among the world’s top 20 countries by English speaking population.

However the real story here is the continuing dramatic growth of SEA as a whole to become one of, if not the, largest ecommerce markets in the world overtaking Europe, US and China.What other kinds of digital payments should we expect soon?We can expect more integration between social media apps and payments.Messaging apps have become a true hub for Internet activity in Asia.WeChat and LINE have integrated both the supply and demand for goods and services in their applications, so it’s only natural for these companies to close the loop by bringing payments into the ecosystem as well.We are also starting to see Asian companies look at how they can capitalize on micropayments.Online businesses like Japan’s Hangame have been successful by letting users play for free and just charging them a fee to customize their in-game avatars.These impulse-driven micropayments add up quickly.South Korea’s Nexon Corp.attributes all its profits to in-game micropayments and is now valued at $266 billion[1].

We will also see micropayments become more aligned with cryptocurrencies like Bitcoin, which are virtual, instantly transferrable and allow users to mask their personal details.Bitcoin ATMs are already popping up across Asia – the Bitcoin Philippines Corporation launched its first two-way ATM in Manila in 2015[2] and ANXBTC Bitcoin, Alitobit and the Bitcoin Group Hong Kong all introduced Bitcoin ATMs to Hong Kong in 2014[3].Phil Pomford leads the Worldpay Global eCommerce team across Asia Pacific which operates from three offices in Singapore, Japan and China, as General Manager.Phil has over 12 years of experience in financial services in payments, acquiring and credit card issuing with companies including Citi, Diners Club, American Express and Worldpay.Having lived in Asia for 19 years, he has held diverse management roles across Asia Pacific and developed key strengths in customer development, strategy, financial planning, and new market entry.He has a degree in Accounting and Law and is currently completing an MBA with Manchester Business School.