Paystand is venture backed by leading investors in Silicon Valley and has been recognized as one of the disruptive forces in business payments by publications such as TechCrunch, Wall Street Journal, Mashable, Forbes, and many others. Paystand's mission is to use modern Internet, Blockchain, and SaaS technologies to transform B2B payments. Paystand's revolutionary "Payments as a Service" model creates a smart billing & payment network that can digitize receivables, automate processing, reduce time-to-cash, lower transaction costs, and enable new revenue.
"With the Smart Lockbox, the check information is just automatically in our system as soon as we receive it, and it can be applied right away."
"Paystand has the same DNA that helped PayPal disrupt the consumer payments industry. By every metric, Paystand is powering that evolution across commercial payments, reimagining everything from the economic model to the very infrastructure that moves capital between businesses. This is a massive transformation occurring in a multi-trillion dollar industry, and I’m thrilled to help Paystand accelerate their vision.”
“Paystand was the best option for our business. They helped us achieve our financial goals with the cost savings from credit and debit card transaction fees. From a labor/cost perspective, the time savings and reduced frustration are the key values we’ve seen. You can’t put a price on that!”
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