Airwallex vs Veem (2026): which should you pick?

Pick Airwallex if

• Fits if you pay suppliers or staff in other countries
• Works for teams that spend abroad and want cards with no foreign transaction fees

Look elsewhere if

• Tight if you're about to grow past 10 Spend users, as Grow's platform fee isn't published
• Pricey if you send lots of SWIFT transfers, at $15 to $25 each
• Watch out: conversion costs 0.5% over the interbank rate for major currencies and 1% for others
• Watch out: plan fees are charged per legal entity, and taking international cards costs 4.3% + $0.30
• Skip it if you want a desktop app, as only web, iPhone and Android are listed

Pick Veem if

• Fits if you pay overseas suppliers or contractors by wire, check or card
• Works for businesses that want a virtual card and a multi-currency wallet

Look elsewhere if

• Tight if you stay on Basic: US and Canada bank transfers cost $1 each
• Pricey if you pay by card, at 3.5% with a $3.50 minimum on business US credit cards
• Watch out: mass pay, user roles, reminders and accounting integrations need Premium
• Watch out: Veem's main site showed a bot check, so these prices come from its help center pages dated 2025

Airwallex

• Currency conversion costs 0.5% above the interbank rate for major currencies and 1% for others; SWIFT transfers cost $15 to $25 each.
• Grow adds a platform fee based on the number of Spend users that the pricing page does not state, and plan fees are charged per legal entity.
• Airwallex US, LLC is a licensed money transmitter that works with Evolve Bank & Trust for some US customers; the cards are issued by Community Federal Savings Bank.
• Taking card payments costs 2.8% + $0.30 for US cards and 4.3% + $0.30 for international ones.

Veem

• Veem's main site returned a bot check when read, so prices and fees come from its help center pages, which date from 2025 updates.
• Per-payment fees apply: business US credit card payments cost 3.5% (minimum $3.50), and same-day bank transfers cost 0.5%.
• Basic-plan bank transfers cost $1 each, and Basic users paying by card pay 3.5%.
• Several features, including mass pay, user roles and accounting integrations, need Premium.

Airwallex

Multi-currency accounts

Collect and hold money in more than 20 currencies, send local transfers to over 120 countries and SWIFT transfers to more than 200.

Corporate cards

Virtual and physical Visa cards with per-card limits for use in 60+ markets, with no foreign transaction fees and up to 2% cashback on local USD spend.

Expenses and reimbursements

Receipts are matched by AI from email or bulk upload, staff submit and approve in the mobile app, and reimbursements go to employees in 200+ countries.

Bill pay

Upload, email or sync bills, have their details extracted automatically, and pay domestic or international suppliers in bulk after approval.

Invoicing and payments

Send invoices for free, take cards and 160+ local payment methods through checkout or payment links, and run subscription billing.

Developer APIs

APIs for accounts, payouts, card issuing and payments, for businesses that build these into their own products.

Veem

International payments

Send by international wire in local currency, by bank transfer, by check in the US, or by card, in 1 to 6 business days depending on the country.

Virtual bank account and wallet

A local bank account in your name and a wallet that holds funds in up to 15 currencies, with FDIC insurance as described in the help center.

Virtual card

A virtual card for spending funds, which the help center says is accepted by over 150 million merchants.

Invoicing and recurring payments

Request payments, create invoices and schedule recurring payments and invoices, with payment tracking and reports.

Accounting integrations

Premium syncs and reconciles payments with bookkeeping partners and supports Zapier, QuickBooks, NetSuite and Xero.

Airwallex

• Explore$0

  Accounts in 20+ currencies, unlimited cards, expense management, bill pay with AI coding, invoicing and Xero or QuickBooks sync, for up to 10 Spend users.

• Grow$12

  per active Spend user / month, plus a platform fee by team size

  Up to 250 Spend users. Adds multi-step approvals, an AI expense policy agent, bill rules, NetSuite and Business Central sync. The platform fee is not shown.

• AccelerateCustom

  Adds purchase orders and requests, AI 3-way matching, several legal entities, a direct ERP integration and an account manager.

Veem

• Basic$0

  Pay and get paid by international wire, check, card and wallet, with recurring payments and invoices. No free bank transfers in the US and Canada.

• Premium$24.99

  per month

  Adds free ACH/EFT bank transfers in the US and Canada, mass pay, user roles, payment reminders and accounting integrations. $34.99 CAD for Canadian clients.