Paystand

About Paystand

Every other tool in this category automates the chasing and leaves the payment rails alone. Paystand attacks the rails. The company runs its own bank-to-bank payment network — covering, by its account, over 90% of the US banking market and 98% of commercial accounts — and charges nothing per transaction for payments that travel across it. Revenue comes from a flat platform subscription instead, so a business processing more invoices next quarter does not automatically pay more to get paid. Legacy methods still cost something: cards, ACH, EFT, and digital checks run at pre-negotiated wholesale rates. Paystand puts the average reduction in cost-to-transact at 49%.

That funding model is the reason to look at it, but the surrounding software is a real AR platform: collections automation, automatic reconciliation, a customer payment portal, virtual terminal, recurring billing, Smart Lockbox and check scanning for firms still receiving paper, and AI Match for push payments. An Expenses module adds corporate cards and spend analytics, making it a rare AR vendor that also touches money going out. Native integrations cover NetSuite, the Sage family (Intacct, 300, 100, X3), Dynamics 365, Acumatica, Xero, QuickBooks Online, and several commerce platforms.

The infrastructure sits on blockchain, which the company has leaned into further — it acquired Bitwage in November 2025 and launched USDb, an enterprise stablecoin, in April 2026. Backing is substantial for the category at roughly $223 million raised and a $1.5 billion valuation as of late 2025. Actual subscription prices are not published; expect a quote and an ROI analysis.

Pricing

Model

Paid

Starting price

Custom quote (flat platform fee)

Notes

Subscription model rather than per-transaction: a flat platform fee with 0% transaction fees on bank-to-bank payments made over the Paystand Network. Legacy rails (credit card, ACH, EFT, digital check) are charged at pre-negotiated wholesale rates. No published dollar amounts, plan names, or free tier — the site routes to a customized ROI analysis. Vendor cites an average 49% reduction in cost to transact.

Key Features

• Paystand Bank Network with 0% transaction fees on bank-to-bank B2B payments
• Collections automation and automatic reconciliation against open invoices
• Customer payment portal, AR Network portal, and virtual terminal
• Recurring payments, billing automation, and convenience fees or early-pay incentives
• Smart Lockbox and Check Scan for digitizing paper payment intake
• AI Match for push payments and payment matching
• Expenses module with corporate cards, spend management, and spend analytics
• Native ERP and accounting integrations: NetSuite, Sage Intacct/300/100/X3, Dynamics 365, Acumatica, Xero, QuickBooks Online
• Blockchain-based settlement infrastructure and USDb enterprise stablecoin

Platforms

• Web
• API

Alternatives to Paystand

• Versapay
• Invoiced
• Billtrust
• Upflow