Overview
Paystand is a B2B payment orchestration and accounts receivable automation platform, founded in 2013 and based in Scottsdale, California. It routes business invoices over the lowest-fee path across cards, ACH, a zero-fee bank network and stablecoins.
Capabilities - Smart B2B payment routing and dynamic fee optimisation. - A zero-fee bank-to-bank network. - ERP integration with NetSuite and SAP. - Accounts receivable automation: invoicing, collection from business customers and reconciliation. - Cross-border payments and salary disbursements.
Methods ACH, the US bank transfer network and the main channel for paying invoices between companies in the United States; CAD EFT, electronic transfers in Canadian dollars; and payments on its own digital network.
Pricing model The service is sold as a subscription, payments as a service, with no percentage fee on payments made inside the Paystand network. For companies with large B2B volumes this can cost less than a percentage on every card payment.
Coverage and clients The United States, Canada and Mexico, with Latin America as a separate product offering. Target segments are B2B enterprises, wholesale, manufacturing, logistics and insurance, especially finance teams that spend much time reconciling payments by hand.
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