The Old Way
This paper-based payment method still accounts for ~40% of B2B transactions in the U.S.
What are paper checks?
Paystand eliminates these fees, saving businesses thousands per year.
What are transaction fees?
Paystand lets you automate this painful process that often takes hours of manual work.
What is reconciliation?
In the future, finance teams won’t spend Fridays keying in numbers, this process will be completely automated.
What is reconciliation?
Paystand was founded in this U.S. state known for both tech innovation and redwood forests.
What is California?
Companies with manual A/R processes often wait this many days or more to get paid
What is 30–60 days?
Paystand is not just a payment processor, it integrates directly into this ERP platform you’re using.
What is Acumatica?
With Paystand, customers can pay invoices directly through this kind of branded page.
What is a branded payment experience?
These three components make up a transaction fee
What is risk, technology, and revenue model?
Paystand has been recognized on this list of fastest growing companies in the U.S. multiple times.
What is the Inc. 5000?
Finance teams waste hours chasing these when customers forget to pay.
What are late payments?
Instead of per-transaction fees, Paystand uses this type of pricing model.
What is a subscription or flat monthly fee?
Paystand allows payments via cards, ACH, and this fastest-growing, fee-free payment method.
What are bank-to-bank (zero-fee) payments?
This emerging technology, also used in cryptocurrencies, is being applied to payment records for added security and transparency.
What is blockchain?
Paystand’s motto is “Payments the way they should be.” Finish this: Fee-Free, Open, and ___.
What is Instant?
On average, companies lose 2–3% of revenue to these fees when using cards.
What are credit card fees?
Paystand turns this process, often handled with spreadsheets and paper, into a fully automated workflow.
What is accounts receivable (AR)?
Paystand reduces this key A/R metric, which measures the average time to collect receivables.
What is DSO (Days Sales Outstanding)?
This future economy envisions money moving instantly, digitally, and without fees.
What is the Cashless Economy?
Paystand is backed by top venture firms and also recognized for innovation by this business publication.
What is Forbes?
This method of reclaiming merchant processing costs that are subject to State laws, are "all-or-nothing," and do not require you to offer other methods of payment that are free at the time of checkout.
What is surcharging?
This Paystand feature prevents teams from paying interchange or merchant processing costs.
What are Convenience Fees?
This method of proactive communication allows customers to easily get their late payments and invoices taken care of.
What are Collection Plans?
This new method of collecting checks allows you to enable your customer to snap a photo, and will be ran as an ACH payment under-the-hood.
What is Smart Scan (e-check is acceptable)?
Paystand has processed more than this amount of $ volume on its network?
What is $14B in total payment volume?