Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
Why card monopolies are failing B2B businesses
Feb 19, 2021 by Daniella Bourguetts
If the last couple of years have taught us anything is that change is inevitable. On most occasions, it's impossible to predict global pandemics or the financial implications of profound political changes in the worldwide landscape.
#10: The Journey to Zero
Feb 4, 2021 by Daniella Bourguetts
Editor’s note: Hello, readers. Welcome to the first newsletter of 2021. To kick off the year, we're setting the stage for what it means to create a new financial infrastructure for the B2B industry. It's something we call: The Journey to Zero. Subscribe now.
The Journey to Zero: How Paystand is Changing B2B Payments
Feb 3, 2021 by Daniella Bourguetts
Of the myriad problems facing businesses today, one over-arching challenge dominates all else: the B2B financial system remains essentially unchanged since the middle of the 20th century. At its core exists a fee-based transaction model for payments that no longer meets the needs of modern, digital-first businesses.
All Blog Posts
What is Straight Through Processing?
Nov 11, 2020 by Daniella Bourguetts
Straight-through processing (STP) helps businesses speed up transaction processing by streamlining data sharing across multiple points in a fully-automated manner. In accounts receivable, STP is used to reduce errors and the amount of repetitive, menial tasks required to collect and reconcile payments.
Paystand Recognized for Best Use of Blockchain in Benzinga Global Fintech 250
Nov 10, 2020 by Mark Fisher
B2B payments leader recognized as Blockchain payments pioneer; named a Benzinga Fintech Listmaker as payment network crosses 160,000 businesses.
The Benefits of Digital Payments for B2B Businesses
Nov 3, 2020 by Eduardo Lopez
Businesses typically view the payment experience as just another customer touchpoint, but now shifts in technology have proved that digital payments are bringing a ton of opportunities for businesses to grow faster and more efficiently.
#07: A Sound of Digital Payment Thunder
Oct 28, 2020 by Daniella Bourguetts
Editor’s note: Hey there, my name is Daniela and I’m the editor of Paystand’s monthly newsletter. Each month, I send a roundup of the best payments and finance content from Paystand and around the web, direct to your inbox. Don’t miss the next issue. Subscribe now.
What payment methods should B2B businesses accept?
Oct 27, 2020 by Daniella Bourguetts
Over the past decade, payment methods have evolved to support different consumer and business needs.
What is a Bank Lockbox Service and How is it Used for Payments
Oct 22, 2020 by Eduardo Lopez
Across the cash management process, Bank Lockbox Services have been around for decades as a way for treasury and finance teams to improve their receivable process for checks and other payments sent through the mail. But in today's digitally connected Internet economy, electronic alternatives to traditional lockbox services have emerged.
#06: The Value of Owning the Payment Process
Sep 22, 2020 by Daniella Bourguetts
Editor’s note: Hey there, my name is Daniela. I'm the new editor of Paystand's monthly newsletter. After a great start and five issues, Sarah is passing the torch. But don't worry, you're in great hands. I'll still be sending you a roundup of the best payments and finance content from Paystand and around the web, every month. Don't miss the next issue. Subscribe now.
How Visa Interchange Rates Are Changing in 2020 and What That Means for Merchants
Sep 8, 2020 by Daniella Bourguetts
Earlier this year, Visa announced the biggest change to its interchange rates in 10 years. Under the new restructuring, credit card processing fees are either going up or down depending on your company's merchant category and how your customers swipe their card. This could have a huge impact on any business that has been hit hard by the pandemic.
How to Choose a Xero Payment Integration
Aug 27, 2020 by Eduardo Lopez
Choosing the right Xero payment integration is an important decision for B2B companies. In today’s business climate, customers like having multiple digital payment options and expect the process to be fast, smooth, and secure.