Banking News

Q2 Holdings Partners up with Veem to Enable Frictionless Payments

Q2 Holdings Partners up with Veem to Enable Frictionless Payments

(25 October 2021 – United States) Q2 Holdings (Q2) are a provider of digital transformation solutions for banking and lending. The firm has recently partnered with Veem, an online payment provider, to provide fee-free frictionless payments for financial institutions.

The partnership will enable over 450 financial institutions to make automated digital payments for corporate’s account receivables and payables globally.  All financial institutions will have the option to provide integrated cross border and domestic payment solutions to around 1.5 million businesses, creating more options to sent and receive payments.

“This partnership with Veem gives our Financial Institutions the ability to deliver Veem’s modern payment services to small and medium-sized enterprises with agility and reliability” commented Q2 Managing Director, Johnny Ola

“Businesses are looking for embedded solutions that act as a one-stop-shop to conduct all their day-to-day transactions. With our integration with Veem, we are excited to give our financial institution customers the option to offer small businesses innovative technology solutions” he also added

“Financial Institutions are looking for ways to add invoice/request functionality and modernise their payment processes. As our economy moves to a more digital future, it’s important that financial institutions aid small business owners in their journey with forward-thinking solutions” commented Veem CEO, Marwan Forzley

“We are thrilled to be part of that future and this partnership with Q2 to deliver, account receivables and account payables products to small- and medium-sized businesses, in both domestic and cross-border setting”  he also added.

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