PAYSTAND BLOG

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

The "Tectonic Shift" Coming to Financial Networks: An Interview with PayStand CEO Jeremy Almond

As consumers, we can see the changes that are coming to the way we pay for things--our smartphones are gearing up to replace our physical wallets, and in-app purchases are becoming (perhaps dangerously) easy, to the point of being invisible. But these cool new features are really just the tip of the iceberg of a much larger movement coming to finance and the movement of money. Today, our smartphones make it easier to use credit cards, which still operate over proprietary networks. But without the need for physical cards and swipers, why should payments initiated on the Internet take a detour through those old networks?

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Jeremy Almond Jeremy Almond on July 31, 2015

payments-as-a-service, SaaS, B2B

Beyond Paper Clips: The Pros and Cons of B2B eCommerce

Think about the last time you bought a computer or office supplies for your business. Did you buy them online, through a printed catalog, or in person at a big-box store? Increasingly, business buyers are just as comfortable using the Web for company purchases as they are using Amazon or BestBuy.com for personal shopping. A Forrester report found that 74% of B2B buyers use the Web to research over 50% of their work purchases, and 30% complete at least half of those purchases online.

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Jeremy Almond Jeremy Almond on July 27, 2015

ecommerce, business, eCheck, B2B

The Top 6 Excuses A/R Staff Hear for Late Customer Payments (and what to do about them)

As the fiscal year for many businesses draws to a close at the end of July, a collective “argh!” can be heard from accounts receivable departments as they try to collect on late customer payments and close out their books. Anyone who has worked for a B2B company has experienced the frustration of waiting for a check in the mail for a long-overdue invoice. Often, it’s the biggest and most established business customers who draw the process out the longest, optimizing their cash flow because they can (and jeopardizing yours in the process).

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Kenzie Earle Kenzie Earle on July 7, 2015

recurring payments, business, direct bank debit, electronic checks, B2B, Enterprise payments

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