Veem was formerly known as Align Commerce, it is a payment service provider (PSP) which enables businesses and payment platforms to send and receive payments in local currency via a simple, frictionless methodology, using the blockchain as the settlement rail. The mission of the company is to change the legacy financial payment system through innovation.
Align Commerce is a payment service provider to enable businesses and payment platforms to send and receive payments in local currency by using Blockchain technology.
PRODUCTS & SERVICES:
Blockchain-based payment service provider for cross-border businesses
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PRIMARY PROBLEM SOLVED:
Once the account is setup, Align Commerce delivers the payment anywhere on the same day to three days later. The company gives 100% flexibility and control to make payments in the currency its client desire. For example, if a Mexican-based business wants to pay a European business in euros, they can. Or, if they want to pay in Mexican pesos, they can.
Align Commerce is the first in the industry to create a patent-pending, multi-rail payment technology. With the multi-rail payment technology, customers can send and collect payments by email without the need to figure out the bank account information and the swift codes of the receiver. Being the first to launch such technology, the company differentiates from its competitors and gets a first-mover advantage.