ACCOUNTS RECEIVABLES
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Company
Paystand is revolutionizing B2B payments with a modern infrastructure built as a SaaS on the blockchain, enabling faster, cheaper, and more secure business transactions.
Our mission is to reboot commercial finance by creating an open financial system.
Payments as a ServiceWhere We Operate
United states
Paystand is headquartered in California and operates nationwide, serving businesses across all 50 states.canada
We support operations in Canada with localized payment capabilities, including CAD EFT and cross-border support.
Paystand Global Payouts, powered by Teampay, helps finance teams send funds worldwide with automated approvals, local currency support, real-time reconciliation, and faster access to funds.
Why Finance Teams Choose Paystand for Global Payouts
Send Global Payments With Control and Speed
Employees can request reimbursements or submit purchase orders in foreign currencies through Paystand’s approval workflows. Finance teams review and approve in seconds, while the system handles currency conversion, payment routing, and reconciliation automatically.
Global Payments Synced Into Your ERP
International expenses, invoices, and bill payments reconcile instantly with your ERP’s custom accounting fields. No duplicate data entry, no waiting for month-end close—just accurate, real-time visibility across borders.
Secure, Compliant Global Payouts
Paystand adheres to global regulations including AML, KYC, and OFAC. Transactions are encrypted, logged with complete audit trails, and routed through compliant banking partners to minimize risk—ensuring secure cross-border payouts through complete global payment automation
Details on Fees
- SWIFT payment Network - When sending US dollars to a bank account outside of the United States via SWIFT payment network, your bill payment or reimbursement may have an associated transaction fee (CC Agreement)
- Local rails - When sending US dollars to a bank account outside the United States via Local rails, your bill payment or reimbursement may have an associated transaction fee (CC Agreement)
- Teampay charges a flat $0.50 fee when customers send US dollars to a bank account outside of the United States (Platform Agreement)
- Foreign Currency Conversions - When sending US dollars to a bank account outside of the United States in non-USD, your bill payment or reimbursement will be subject to foreign exchange fees and may include a markup from Teampay (Platform Agreement)
