Magaya Announces Strategic Technology Partnership with Veem for Online Freight Payments

by | Aug 1, 2022 | Press Release

Miami, FL – August 1, 2022 – Magaya Corporation, the leading provider of end-to-end logistics and supply chain software, today announced a strategic technology partnership with Veem to enable companies that use the Magaya Digital Freight Portal to accept easy international and US domestic online payments from their end users.

The Magaya Digital Freight Portal enables logistics providers to get quickly established as a digital forwarder with branded and customized customer-facing portal that provides self-service access to quotes, schedules, bookings, shipments, tracking, purchase orders, and reporting. With the addition of Veem, end users can now pay for their shipments online, right in the Digital Freight Portal, simplifying and accelerating the payment process for all parties.

With multiple currencies supported across a multitude of countries, no fees to send or receive, and truly competitive international foreign exchange rates, the Veem partnership will make it easier for Magaya’s freight forwarder customers to accept payments from both domestic and international customers. The end user can choose from a variety of convenient payment methods, including bank transfers, faster ACH, credit/debit cards, checks, and wallets.

“At Veem, we create solutions that help businesses save time and optimize cash flow by simplifying the way they send and receive payments domestically and internationally, eliminating the friction involved with traditional invoice payment methods,” said Marwan Forzley, CEO at Veem.

“Together, Veem and the Magaya Digital Freight Portal enable freight forwarders to deliver the truly frictionless experience their customers want when shipping cargo worldwide. Providing support for global online payments through Veem is the latest in a long line of innovations Magaya has brought to market in recent years, helping logistics service providers revolutionize their customer experience, increase profits, and accelerate their growth,” added Mark Buman, Chief Revenue Officer at Magaya.

Veem payments are available now to all users of the Magaya Digital Freight Portal and Magaya Supply Chain with no added license fees.

 

About Magaya

Magaya develops the logistics automation platform that accelerates growth. Our flexible, interoperable, modular, cloud-based solutions are designed to optimize and digitize end-to-end logistics operations and customer experience. Whether used together as an integrated logistics software platform or independently, Magaya solutions enable businesses of all sizes to streamline complex and redundant processes, enhance the customer experience, optimize productivity, reduce costs, and grow revenue. At Magaya, we are passionately devoted to ensuring our customers’ success through our innovative technology and comprehensive array of related professional services. We take great pride in our people, experts in the field of logistics automation, who are always willing to go the extra mile for our customers. There are no limits to your growth with Magaya. Visit magaya.com to learn more.

About Veem

Veem helps small businesses save time and optimize cash flow by simplifying the way they send and receive payments domestically and internationally. Trusted by more than 500,000 users in over 100 countries, Veem uncomplicates the end-to-end AP/AR process with seamless integrations to leading accounting software, real-time tracking on payments and cost-effective, flexible payment options. Now businesses have the power to pay how they prefer and eliminate friction with customers to get paid faster. Veem holds all required licenses and works with regulated parties in every location it serves. www.veem.com