Paystand Blog

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

Recent posts

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.

Read More

#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.

Read More

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.

Read More

All Blog Posts

Tags

What is the Paystand Bank Network?

Nov 13, 2019 by Eduardo Lopez

The Paystand Bank Network allows you to move money electronically without paying any transaction fees. Paystand covers over 90% of the US banking market and 98% of all commercial accounts, making it the most complete digital payment network available to businesses today.

Read More

100,000 Thanks and A Look At Our Fintech Advisory Council

Oct 10, 2019 by Mark Fisher

Our mission at Paystand is pretty straight-forward (but certainly not easy): reboot the broken financial system. Since we started chipping away at this audacious goal nearly 5 years ago, we've built truly innovative technology, forged deep customer relationships, and most importantly, started a movement toward a more open financial system that provides businesses with greater control over their capital. Today, we’ve got a few updates on how we’ve been delivering against that mission. Since raising our Series A, we’ve quickly become the fastest growing commercial payments platform. Over 100,000 businesses are now paying through the Paystand Bank Network, eliminating millions of dollars in transaction fees.

Read More

How much is it costing your business to accept paper checks?

Sep 4, 2019 by Eduardo Lopez

Paper checks are one of the most costly ways you can collect payments from your customers. Many businesses think getting paid by check is free, but this couldn’t be further from the truth. Paper checks are loaded with labor costs, processing fees, and hidden markups. Last year alone, North American businesses processed over $18 trillion in paper checks, and it cost them a staggering $550 billion in profit due to delays, labor, and errors.

Read More
1