Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
Product Feature: Announcing Next-Day Funds Availability
Sep 27, 2022 by Allison Steitz
Paystand's mission is to reimagine financial infrastructure in an effort to drive radically better economics for businesses globally. We carry out this mission through products and services that speed up time to cash, automate complicated billing processes, and eliminate transaction fees.
Paystand Announces SuiteWorld 2022 Gold Sponsorship
Sep 27, 2022 by Sage Thee
SCOTTS VALLEY, CALIF., SEP 27, 2022 – Paystand today announced it will be a Gold sponsor at SuiteWorld 2022, Oracle NetSuite’s largest celebration for customers and partners that takes place September 27-30, 2022, at the Caesars Forum in Las Vegas & On Air. This year's theme is “Full Suite Ahead,” with the conference promising four energy-packed days filled with networking opportunities and educational programming that will help NetSuite customers, partners, and developers discover new ways to leverage the full power of the suite.
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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
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.
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.
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, even though many businesses think getting paid by check is affordable compared to other methods. In 2021, 91% of organizations across the United States continued to receive checks — even though nearly as many understand the upfront costs and risks associated with this payment form.