
Paystand is revolutionizing B2B payments by eliminating transaction fees and automating the entire cash cycle. Using blockchain and cloud technology, their Payments-as-a-Service model digitizes receivables, reduces time-to-cash, and enhances revenue. Paystand aims to create a more open financial system, starting with B2B transactions.
Vendor
Paystand
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- B2B Payment
Paystand's B2B payment solution automates the entire cash lifecycle, reducing time-to-cash and eliminating transaction fees. It offers a flexible, intuitive experience for digital payments, enhancing control and lowering costs for businesses.
- Billing and Receivables
Paystand's Billing and Receivables solution automates invoicing and collections, reducing manual overhead and accelerating cash flow. It integrates seamlessly with existing systems, enhancing efficiency and providing real-time visibility into receivables.
- Canadian EFT
Paystand's Canadian EFT solution offers fee-less, secure payments tailored for businesses in Canada. It simplifies payment processes, enhances security, and reduces transaction costs, making payments a strategic advantage for Canadian entities.
- Collections Automation
Paystand's Collections Automation streamlines the receivables process, reducing friction and costs. It offers automated communication, quicker time-to-cash, and a seamless payment experience, enhancing efficiency and customer satisfaction. **Process automation** Remove friction and pain in your entire collections process with a fully automated communication suite. **Flexible integration** Embed digital payment capabilities directly within your communications and invoices. **Real savings** Immediate bottom line impact through quicker time-to-cash. Focus your team on strategic initiatives. ### **Build a smarter AR organization with the power of automation** **Improve customer experience**, shorten time-to-cash, and create more predictable cashflow. Receivables automation enables near-effortless invoice collections with highly customizable workflows to empower your team. Track all your invoices and receivables in one intuitive, powerful dashboard. ### **All of your receivables in one place** - Quickly see **collected and pending** receivables using standard or custom time periods - **Group your receivables** into categories based on status and type - Get the **clearest picture** of all your receivables ### **Real-time fund verification** Connect instantly with over 98% of all banks to **authenticate identity, verify funds, and track payment settlement.** Eliminate chargebacks, processing fees, and costly, time-intensive follow-up. ### **Create and edit receivables** **Create, edit, and easily capture** critical data within the receivable itself. Track and securely store information about the receivable, all tied directly into its associated Collection Plan. Pause or enable associated workflows and see any associated payment events or communications. ### **Enable actionable email reminders** Combining the power of the Paystand digital payment network and our Receivables Collection Engine, your customers are able to make payments directly from the invoices, emails, and reminders they receive. Receivables Automation up-levels your entire Collections process so that your workflows not only help remind customers to pay, they also provide easy ways for them to pay immediately. Embed payment links within your communication and realize the potential of truly automated Collections.
- Direct Deposit
Paystand's Direct Deposit solution automates payroll and vendor payments, ensuring timely and secure transactions. It reduces administrative overhead, eliminates paper checks, and enhances payment accuracy and efficiency.
- eCheck Payment
Paystand's eCheck solution offers a cost-effective alternative to credit cards, enabling businesses to accept eChecks with instant funds verification. It automates billing processes, reduces transaction fees, and provides a seamless payment experience.
- Enterprise Blockchain
Paystand's Enterprise Blockchain leverages blockchain technology to ensure secure, auditable, and tamper-proof transaction records. It enhances compliance, reduces errors, and provides a transparent, trusted payment system for B2B companies.
- Payment Portal
Paystand's billing payment portal offers a streamlined solution for managing and viewing customer payments. It provides a secure, branded environment for web, email, and mobile payments, eliminating manual processes and reducing costs.
- Paystand API
Paystand's API enables businesses to customize B2B payment workflows with powerful, open APIs. It offers robust access tokens, secure data storage, and seamless integration, enhancing control and efficiency in payment processes.
- Paystand Bank Network
Paystand's Bank Network offers zero-fee, real-time fund transfers with enhanced security and control. It integrates seamlessly with over 16,000 banks, providing instant identity verification and payment settlement, while reducing costs and improving cash flow.