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By The Numbers

51%

Reduction In Transaction Costs

41%

Increase In Zero-Fee Payment Volume

100%

Peace Of Mind And Convenience
Headquarters

Santa Cruz, CA

Industry

Renewable Energy

Client
Challenge

Allterra Solar’s goals were to reduce cost on credit card deposits, improve efficiency by eliminating paper checks, and redeploy large service bills to digital payments without incurring large fees.

Solution

Paystand worked with Allterra Solar to understand their needs and deployed an end-to-end solution that modernized their payments infrastructure. Paystand suggested a fully digital Accounts Receivable flow that covered their payments lifecycle from eInvoice to Billing Portal to ePay through a single, easy to pay, digital portal.

“We found Paystand so easy to use; their embedded payment links in our invoices are simple for customers. Our clients and vendors are no longer confused at the critical moment when they’re ready to pay.”

James Allen
James Allen

CEO

Challenges Faced by Allterra Solar

  • High transaction fees on credit card payments, increasing costs
  • Lack of merchant protections against chargebacks on rendered services
  • Dependence on paper checks, slowing down the billing and payment process
  • Inefficient B2C payment software not suited for their business needs
  • Needed flexible, low-cost digital payment options to scale their business
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Solutions Implemented with Paystand

  • Deployed a fully digital Accounts Receivable process, from eInvoice to payment portal
  • Reduced transaction costs with eCheck and wholesale card payment options
  • Enabled fast and convenient digital payments, reducing reliance on paper checks
  • Provided easy-to-use payment buttons requiring no customer account setup
  • Delivered peace of mind with improved efficiency, allowing focus on core business goals

Paystand is on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and automate your entire cash lifecycle. Our software makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue.

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