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April 29, 2024
On the web
Paystand Acquires Teampay to Enhance B2B Payments
IBS Intelligence
January 31, 2024
On the web
Paystand Brings Rapid, Free B2B Payments Platform to Acumatica Cloud ERP
Business Wire
March 20, 2023
On the web
Paystand Adds New Treasury Management Tools in the Wake of SVB Crisis
IBS Intelligence
October 25, 2022
On the web
Paystand Network Now Makes Business Payments Available in One Day with Zero Fees
Paystand
“Paystand, the leader in blockchain-enabled B2B payments, today announced that businesses can have access to their revenue next business day, and at zero cost by using the Paystand Network and the DeFi Corporate Card. Irrespective of market conditions, businesses want faster access to their funds. In today’s market characterized by rising inflation, volatility, and early signs of slow down in important economic sectors – housing, construction, and industries sensitive to interest rates – it is especially crucial for businesses to have nearer-term visibility into and access to their cash flows. For some commercial enterprises serving other businesses, it can take 45-90 business days for a business payer to complete a payment. Merchants then must wait anywhere from 2-14 business days beyond that to gain access to their funds and pay transaction fees of 3% or more, depending on the payment methods their customers used. In response to these conditions and utilizing its unique, DeFi-enabled B2B payment network, Paystand is able to deliver a functionality that gives businesses access to their revenue the next day with zero fees.”
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