Settle providers, locums and members on the day the cycle clears.
For private hospital groups, medical schemes and managed-care administrators. Veymo handles provider payments, locum settlements and member reimbursements - through the same cleared cycle, with reconciliation back to your claim line.
Four moves the platform makes for healthcare operations.
Claim-line reconciliation
Every payment tags back to a claim or invoice - no orphan transactions in your AR.
Locum same-day
Approve a locum claim at 11:00, paid before 14:00 - no overnight float exposure.
Scheme reimbursements
Member out-of-pocket reimbursements clear within hours, not 5-10 working days.
POPIA-clean member data
Member account details stored, encrypted and accessed under POPIA-grade controls.
Weekly locum & provider settlement
Built to be answerable.
Five posture commitments - each one defensible to a regulator, an auditor and an institutional buyer in the same conversation.
Regulation
SARB-recognised PSP. Operating under the National Payments System framework, audited against the SARB's outbound directive standard.
Funds safety
Pre-funded. Ring-fenced. Veymo holds no client funds on its own balance sheet - cycles run from segregated, named accounts.
KYC & AML
FICA Accountable Institution under the FIC Act. OFAC, UN, EU, HMT, DFAT and PEP screening on every beneficiary, every cycle.
Data
POPIA Operator. Data hosted in South African data centres. Cycle data retained for the statutory minimum; PII purged on schedule.
Audit
Annual ISAE 3402 Type II. Cycle-level export packs to AG-format. Direct read-only access for your internal audit on request.
From conversation to first cleared cycle, in 30 days.
A 90-minute working session with your CFO, Treasury and Compliance leads. We map your current cycle, find the friction, and produce a written brief.
A binding proposal in writing - scope, settlement model, pricing, compliance plan, integration path, contracts.
Your first cycle runs through Veymo. Reconciled to the cent. Signed audit pack delivered the same day.