Veem
51 Case Studies
A Veem Case Study
Underwater Green Fishing Lights, a business specializing in underwater LED fishing lights, faced significant challenges with international payments due to the owner's autoimmune disease, which often made traveling to a bank branch difficult. Their bank required in-person visits for international wire transfers, which were not only costly at $50 per transaction but also caused major delays in manufacturing when payments were postponed. This process hindered their ability to pay suppliers in China on time. The company turned to Veem for a solution to this payment problem.
Veem provided a digital platform that allowed the owner to send payments from home, eliminating the need for painful trips to the bank. This solution saved time and money by removing transfer fees entirely. The ease and reliability of using Veem ensured payments were sent promptly, preventing costly manufacturing delays. As a result, Underwater Green Fishing Lights and its new brand, Clearwater LED, were able to continue growing and expanding their product line. The owner stated that without Veem, this expansion might not have been possible.