Veem, a leading global payments provider, announced its partnership with WooCommerce, the open-source e-commerce platform built on WordPress, to help streamline payables and receivables for e-commerce businesses globally. The Veem B2B extension is now available on the WooCommerce marketplace. This extension will enable businesses to seamlessly integrate payment collection into their checkout flow without paying any interchange fees. It will also enable businesses to manage their payables both domestically and internationally.
Veem’s new extension on the WooCommerce platform will be the first of its kind, enabling businesses to accept payments online from customers and other businesses around the world. The Veem extension can be easily installed into any WordPress-hosted website, to provide buyers with flexible payment options and merchants with a convenient way to collect and send payments.
“WooCommerce merchants are looking for ways to digitize their processes for accounts payables and receivables,” said Marwan Forzley, CEO of Veem. “Through this partnership, merchants around the world would be able to easily collect against their larger-ticket sales as well as pay their suppliers and contractors globally”.
“We’re incredibly excited to welcome Veem to the Woo marketplace,” offered Web Griebel, Head of Payment Partnerships for WooCommerce. “Veem will help our fast-growing B2B merchant segment manage receivables and payables more efficiently, all within the Woo dashboard.”