Paystand Reviews
& Product DetailsWhat is Paystand?
Paystand is a B2B payment platform that helps companies automate their accounts receivable processes using a blockchain-enabled infrastructure. Designed to eliminate transaction fees and speed up time-to-cash, Paystand offers businesses a modern alternative to traditional banking rails. It supports multiple payment methods including ACH, eCheck, Canadian EFT, card payments, and direct bank transfers through its proprietary Paystand Bank Network.
The platform includes a self-service billing and payment portal that enables customers to make payments directly and securely. Automation features cover invoicing, collections, and reconciliation, reducing manual tasks and increasing visibility into cash flow. Additional tools like Smart Lockbox and Smart Check allow businesses to digitize and streamline the handling of paper-based payments.
Paystand also provides robust reporting, customizable dashboards, and integration with accounting systems to simplify finance operations. For enterprises, it supports direct deposit, incentive-based payment options, and spend management in partnership with Teampay. All transactions occur within a secure, blockchain-backed environment that prioritizes data integrity and cost savings.
Best For
- StartUps
- Freelancers
- Small Business
- Medium Business
- Large Enterprise
- Non-profit Organization
- Personal
- Cloud, SaaS, Web-Based
- Mobile - Android
- Mobile - iPhone
- Mobile - iPad
- Desktop - Mac
- Desktop - Windows
- Desktop - Linux
- Desktop - Chromebook
- On-Premise - Windows
- On-Premise - Linux
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Company Name
Paystand, Inc
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Located In
United States
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Website
www.paystand.com
Starting from:
Custom
Pricing Model: Subscription
- Free Trial
- Free Version
Pricing Details:
Paystand uses a subscription-based Payments-as-a-Service model with zero transaction fees on bank-to-bank (ACH/EFT) transfers via its network. Credit/debit card transactions incur a flat rate (~1.99%). No setup, hidden or volume-based fees, and costs stay fixed even as usage scales.
- Debit/Credit Card Processing
- ACH Payment Processing
- Multi-Currency
- Customizable Branding
- Self Service Portal
- Recuring/Subscription Billing
- API
- Real Time Reporting
- Payment Fraud Prevention
- PCI Compliance
Additional Features
- Zero‑Fee Payment Rail
- EFT Payment Acceptance
- Recurring Billing Automation
- Batch Processing Support
- Scheduled Payments
- Invoice Generation Automation
- Least‑Cost Routing
- Virtual Terminal Access
- Escrow Fund Support
- Chargeback Handling
- Payer Fee Routing
- Smart Lockbox Feature
- Instant Cash Application
- Automatic Reconciliation
- Real‑Time Payment Tracking
- Customer Payment Portal
- Automated Email Reminders
- Audit Trail Logging
- Fraud Detection Engine
- PCI DSS Compliance
- Blockchain Payment Recording
- Dynamic Fund Routing
- NetSuite Optimization Tools
- Cash Sales Conversion
- Deposit Quote Automation
- No-Code Workflow Builder
- Fund Verification Alerts
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