APIs · head to head
Basis Theory vs Veem
Basis Theory
APIs
Developer tokenisation platform that holds card and sensitive data inside a PCI Level 1 environment you do not operate
- From
- $995/month
- Rated
- -
The short version
- Each has a real cost: Basis Theory the Starter plan is 995 US dollars a month before any volume, which is a real floor for an early stage company and puts the product out of reach of teams tokenising a few thousand records.; Veem per-transaction fees can be higher than dedicated wire transfer services for large volumes
- They diverge on capability: Basis Theory covers Tokenisation API, Veem covers International payments.
- Prices and features above were last checked on 31 August 2026.
Where they differ
Only the attributes on which Basis Theory and Veem actually diverge.
| Attribute | Basis Theory | Veem |
|---|---|---|
| Starting price | $995/month | $14.99/month |
| Pricing model | Per month by token volume | Unknown |
| Platforms | Web, iOS, Android, Linux | Web, iOS, Android |
| Category | APIs | Accounting |
| Founded | Unknown | 2014 |
Identical on both: free tier (No), user rating (Not yet rated).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Basis Theory
- Tokenisation API
- Hosted elements
- Outbound proxy
- PCI attestation of compliance
- Processor portability
- Reactors
- Access controls and audit
- PII and PHI options
Only in Veem
- International payments
- Multi-currency
- Invoice creation
- Payment tracking
- Accounting sync
- QuickBooks
- Xero
- NetSuite
What people use each for
The jobs each tool is most often brought in to do.
Basis Theory
- A payments company that wants card on file without bringing its own infrastructure into PCI scope and paying for the assessment that followsnot Veem
- A merchant locked into a processor by that processor vault that wants to hold its own tokens and route to more than one acquirernot Veem
- A fintech collecting bank account and identity data that needs it isolated from its application database before an enterprise security reviewnot Veem
- A team that needs to send stored card data to a third party for a one-off integration without that data traversing its own serversnot Veem
Veem
- International vendor paymentsnot Basis Theory
- Cross-border transactionsnot Basis Theory
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Basis Theory
- The Starter plan is 995 US dollars a month before any volume, which is a real floor for an early stage company and puts the product out of reach of teams tokenising a few thousand records.
- Starter is limited to the US region, so a company with European data residency requirements is pushed into a quoted Scale or Enterprise agreement immediately.
- Log retention on Starter is 24 hours, which is well below what most security teams expect for a system holding cardholder data and forces an upgrade for reasons unrelated to volume.
- Migrating away means moving card data out of the vault, which requires processor and assessor involvement and is slow, so the portability argument that attracts buyers cuts against them at exit.
- An attestation of compliance covers the vendor environment, not your assessment; your assessor still decides what is in scope, and buyers occasionally discover their integration pattern pulled systems back into scope anyway.
Veem
- Per-transaction fees can be higher than dedicated wire transfer services for large volumes
- No free tier - even basic sending incurs transaction fees
- Premium plan pricing at $14.99/month may not offset savings on transaction fees
- Limited banking partnerships compared to larger financial platforms
Pricing, plan by plan
Basis Theory
$995/month- Starter$995/month
- 20,000 tokens included
- Production PCI Level 1 environment
- US region only
- Scale$undefined/month
- Quoted
- Higher token volumes
- Additional regions
- Enterprise$undefined/month
- Quoted
- Additional compliance options for PII and PHI
- Responses for 95 percent of PCI SAQ D
Veem
$14.99/monthNo published plan breakdown. See the Veem review.
Which should you pick?
Choose Basis Theory if
- You need tokenisation api.
- You work on Web, iOS, Android, Linux.
- You also want hosted elements.
Choose Veem if
- You need international payments.
- You work on Web, iOS, Android.
- You also want multi-currency.
Questions people ask
- Is Basis Theory or Veem better?
- Neither clearly leads. Basis Theory starts at $995/month and Veem at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Basis Theory or Veem?
- Basis Theory starts at $995/month and Veem at $14.99/month.
- Does Basis Theory or Veem run on more platforms?
- Basis Theory runs on Web, iOS, Android, Linux. Veem runs on Web, iOS, Android.
- What is Basis Theory best used for?
- Basis Theory is most often used for a payments company that wants card on file without bringing its own infrastructure into pci scope and paying for the assessment that follows, a merchant locked into a processor by that processor vault that wants to hold its own tokens and route to more than one acquirer, a fintech collecting bank account and identity data that needs it isolated from its application database before an enterprise security review, a team that needs to send stored card data to a third party for a one-off integration without that data traversing its own servers. Of those, a payments company that wants card on file without bringing its own infrastructure into pci scope and paying for the assessment that follows and a merchant locked into a processor by that processor vault that wants to hold its own tokens and route to more than one acquirer are not what Veem is typically brought in for.
- What can Basis Theory do that Veem cannot?
- Basis Theory covers Tokenisation API, Hosted elements, Outbound proxy, PCI attestation of compliance. Veem covers International payments, Multi-currency, Invoice creation, Payment tracking.
Answered from the vendors’ own pages
Basis Theory: Does this make us PCI compliant?
It removes cardholder data from your systems and gives you an AOC plus documented responses for most of a SAQ D. Your assessor still determines your scope, and a careless integration can pull systems back in.
Veem: What payment methods does Veem support?
Veem supports ACH transfers, checks, wallet transfers, and international wires. Payment methods vary by destination country and user preference.
SourceBasis Theory: What does it cost to start?
995 US dollars a month on Starter, including 20,000 tokens, a production PCI Level 1 environment and US hosting. Higher tiers are quoted.
Veem: Is there a free tier?
No free tier. Veem charges per-transaction fees based on payment method and destination, with optional Premium Plan at $14.99/month offering enhanced features.
SourceBasis Theory: Can we switch payment processors without re-collecting cards?
Yes, that is the main non-compliance reason to buy it. You hold the tokens and detokenise into whichever processor you route to.
Veem: What integrations does Veem have?
Veem integrates with QuickBooks, Xero, QuickBooks Online, NetSuite, Zapier, Plaid, and PopBookings for automated accounting and workflow integration.
SourceBasis Theory: Is data stored outside the United States?
Not on Starter, which is US only. Other regions require a Scale or Enterprise agreement.
Veem: How does Veem handle exchange rates?
Veem uses claimed competitive exchange rates and provides transparent pricing. Transactions are routed through different payment rails (credit cards, checks, cryptocurrency) based on the destination.
SourceRelated pages
More on Basis Theory
Other head to heads
- Basis Theory vs Skyflow
- Basis Theory vs Increase
- Basis Theory vs Lithic
- Basis Theory vs Volt
- Basis Theory vs Swan
- Basis Theory vs Moov
- Basis Theory vs Trustly
- Basis Theory vs Vodeno
- Basis Theory vs TrueLayer
- Basis Theory vs Paymentology
- Basis Theory vs Akoya
- Basis Theory vs Sila
- Basis Theory vs Backbase
- Basis Theory vs Enfuce
- Basis Theory vs Griffin
- Basis Theory vs Stoplight
- Basis Theory vs Wise Business
- Basis Theory vs Melio
- Basis Theory vs Payoneer
- Basis Theory vs Adyen
- Basis Theory vs Dodo Payments
- Basis Theory vs Paddle
- Basis Theory vs Invoice2go
- Basis Theory vs Modern Treasury
- Basis Theory vs Creem
- Basis Theory vs Medius
- Basis Theory vs Bill.com
- Basis Theory vs Polar
- Basis Theory vs IRIS KashFlow
- Basis Theory vs Karbon
- Basis Theory vs Kodo
- Basis Theory vs Mercury
- Basis Theory vs Medius Expense
- Veem vs Skyflow
- Veem vs Increase
- Veem vs Lithic
- Veem vs Volt
- Veem vs Swan
- Veem vs Moov
- Veem vs Trustly
- Veem vs Vodeno
- Veem vs TrueLayer
- Veem vs Paymentology
- Veem vs Akoya
- Veem vs Sila
- Veem vs Backbase
- Veem vs Enfuce
- Veem vs Griffin
- Veem vs Stoplight
- Veem vs Wise Business
- Veem vs Melio
- Veem vs Payoneer
- Veem vs Adyen
- Veem vs Dodo Payments
- Veem vs Paddle
- Veem vs Invoice2go
- Veem vs Modern Treasury
- Veem vs Creem
- Veem vs Medius
- Veem vs Bill.com
- Veem vs Polar
- Veem vs IRIS KashFlow
- Veem vs Karbon
- Veem vs Kodo
- Veem vs Mercury
- Veem vs Medius Expense