Description
PayStand is a groundbreaking B2B payment platform that harnesses the power of blockchain technology to streamline and modernize the entire cash cycle for commercial finance. It stands out by transforming the inefficiencies of traditional payment mechanisms—such as checks, wire transfers, and credit cards—into digitized, automated processes that significantly cut down the time and costs involved. At the core of its service offering are Accounts Receivable and Payable Solutions, Smart Billing & Invoicing, and a Virtual Lockbox, all in support of its mission to make business payments more efficient and economical. Operating on an innovative "Payments as a Service" model, PayStand abolishes transaction fees, presenting users with a subscription-based approach that promises scalability and enhanced control over payment workflows. This model also introduces a disruptive business practice in the payment industry, shifting away from transaction-based fees to a fixed, value-enhanced SaaS deployed model that boosts profit margins for businesses by offering flat-rate plans. With blockchain at its foundation, PayStand guarantees the security, encryption, and integrity of every transaction,...
PayStand is a groundbreaking B2B payment platform that harnesses the power of blockchain technology to streamline and modernize the entire cash cycle for commercial finance. It stands out by transforming the inefficiencies of traditional payment mechanisms—such as checks, wire transfers, and credit cards—into digitized, automated processes that significantly cut down the time and costs involved. At the core of its service offering are Accounts Receivable and Payable Solutions, Smart Billing & Invoicing, and a Virtual Lockbox, all in support of its mission to make business payments more efficient and economical. Operating on an innovative "Payments as a Service" model, PayStand abolishes transaction fees, presenting users with a subscription-based approach that promises scalability and enhanced control over payment workflows. This model also introduces a disruptive business practice in the payment industry, shifting away from transaction-based fees to a fixed, value-enhanced SaaS deployed model that boosts profit margins for businesses by offering flat-rate plans. With blockchain at its foundation, PayStand guarantees the security, encryption, and integrity of every transaction,...
