Paystand Blog

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

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It's The End Of Interchange As We Know It (And I Feel Fine)

Jun 9, 2021 by Mark Fisher

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ― Buckminster Fuller

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EIPP Software's Future is in Blockchain: Issue #13

May 3, 2021 by Daniella Bourguetts

Editor’s note: Hello! 2021 is proving to be quite the year for a financial revolution – and now, in the middle of Q2, most companies are still in the process of adjusting to the new, post-COVID era. 78% of finance professionals predict that all future accounting methods will be automated, and we're seeing these changes happen sooner rather than later. This month, we're covering the rise of EIPP, a software that is moving the B2B payments industry forward. Subscribe now.

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How to Evaluate Your Cash Flow Health

Apr 15, 2021 by Daniella Bourguetts

The way you measure your cash flow should always be tied to your business goals and operational needs. Every company has different needs, so it’s only natural that indicators in cash flow statements vary accordingly.

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It's The End Of Interchange As We Know It (And I Feel Fine)

Jun 9, 2021 by Mark Fisher

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ― Buckminster Fuller

Read More

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.

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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.

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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 to collect payments. Many businesses think getting paid by check is free, but check use come with labor costs and processing fees. In 2018, 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.

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