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Paystand Pricing, Features, Reviews and Alternatives

Paystand product overview

What is Paystand?

PayStand is a B2B payment platform which allows businesses to accept payments through their websites, mobile apps, invoices and billing systems, with support for debit and credit cards, eCheck, and ACH payments. The system also provides real-time analytics and reporting of all transactions.

Typical customers

Freelancers

Small businesses

Mid size businesses

Large enterprises

Platforms supported

Web

Android

iPhone/iPad

Support options

FAQs/Forum

Knowledge Base

Phone Support

Email/Help Desk

Chat

Training options

Documentation

Live Online

Paystand pricing information

Value for money

4.1

Price starts from

No info

Pricing options

Free plan

Subscription

Free trial

Pricing range

view pricing plans

Value for money contenders

Paystand

Value for money

Paystand features

Functionality

4.3

Total Features23 3 categories

Most valued features by users

API

Third Party Integrations

Customizable Branding

Activity Dashboard

Reporting/Analytics

Order Management

Inventory Management

Debit/Credit Card Processing

Paystand users reviews

Overall rating

4.1

Positive reviews

76%

Write a review

Rating breakdown

Value for money
Ease of use
Features
Customer support
Likelihood to recommend7.75/10

Rating distribution

Pros

The guys over at Paystand have been super helpful and have made the whole process so easy. If I ever have a question I can just pick up the phone and give my "success rep" a call.

Jesse W.

The automation provided saved us a good 70-80 hours a week by automating invoicing processes. The Zero Fee payment rail saved us around 2% of our total annual revenue.

Anonymous Reviewer

I am very happy with Paystand and recommend it highly.

Jesse W.

Cons

Worst financial company experience ever. Which there was a negative five stars as thats what they should have.

Steve D.

If management makes decisions they don't even have the common decency to inform the customer of what the situation is. Opaque, non-responsive, dishonest management.

Steve D.

Hold your money for up to 5 days. Wasted our time for over a week for nothing.

Steve D.

Read all reviews

Overall rating contenders

Paystand

Overall rating

Anonymous Reviewer

Verified reviewer

Used weekly for 1-2 years

Review source

Overall Rating

Value for money
Ease of use
Features
Customer support
Likelihood to recommend10/10

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Easy to Use | No Fees | Fully Automated

Reviewed 2 years ago

We had an extremely manual billing and collections processes before switching over to Paystand. We were receiving paper checks via lockbox and processing Credit Card payments at a 2.9% rate. Invoices were manually filled out from a template, emailed to each individual customer at collections time, and then manually reconciled back into NetSuite. Our payment processor was managed in a separate system with a steep learning curve and even steeper transaction rates. When we implemented Paystand the entire invoicing process was centralized into NetSuite and streamlined by around 90%. It freed up a huge amount of time for me to focus on the admissions work that I was hired for, as well as new strategic projects.

Pros

The automation provided saved us a good 70-80 hours a week by automating invoicing processes. The Zero Fee payment rail saved us around 2% of our total annual revenue. Setting up automatic recurring invoices was extremely easy to do. When payments were made they were instantly reconciled into NetSuite and the customer's information was tokenized for later use. We didn't have to worry about PCI compliance, because Paystand handled all of this for us. Paystand's API features are extensive, and there's really a lot of customization available to you.

Cons

There was no Zero Fee option for international payments. Though their Credit Card rates are the best I've seen, so this wasn't too much of an issue.

Teela B.

Insurance, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating

Value for money
Ease of use
Features
Customer support
Likelihood to recommend10/10

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Pay Stand is very easy to use to get payments from our customers.

Reviewed 4 years ago

Easy to collect payment from clients.

Pros

I like that the system is able to verify funds before clients make payments. The system is also very user friendly.

Cons

I didn't like that there wasn't a manual ach options I could use but that has been fixed. I also don't like that I can't send new clients a link with prefilled information so they can just make a payment.

Steve D.

Wholesale, 11-50 employees

Used other for less than 6 months

Review source

Overall Rating

Value for money
Ease of use
Features
Customer support

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Don't Bother Huge Waste of TIme

Reviewed 2 years ago

Giant waste of time. Don't bother with them. They are a mess. Management cannot be trusted. Poor or non-existent underwriting process. Lack of communication. No transparency. Hold your money for up to 5 days. Wasted our time for over a week for nothing. Worst financial company experience ever. Which there was a negative five stars as thats what they should have.

Pros

It seemed like a great way to accept payments via bank account from customers. Looks can be deceiving though. They are just a shell game floating and making money on your funds.

Cons

Poor management. Poor underwriting process. Hold on to your funds for up to 5 days. Not trustworthy. Not transparent. If management makes decisions they don't even have the common decency to inform the customer of what the situation is. Opaque, non-responsive, dishonest management. Do you want to trust funding to a company like this? Not a good idea. Terrible. Don't bother. You'd think any professional company would confirm a customer before signing them up... not Paystand! Sad.

Bill L.

Used daily for 1-2 years

Review source

Overall Rating

Value for money
Ease of use
Features
Customer support

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Great, personalized approach to online payments

Reviewed 4 years ago

Pros

PayStand is incredibly innovative and constantly pushing the envelope on payments technology. They also have incredible customer service. You can pick up the phone and talk to a real person.

Cons

As an enterprise customer, getting started took some effort, but the PayStand team was there for us every step of the way.

Marketa C.

Computer Software, 51-200 employees

Used weekly for 1-2 years

Review source

Overall Rating

Value for money
Ease of use
Features
Customer support
Likelihood to recommend9/10

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Satisfied user

Reviewed 4 years ago

Ability to get paid by our clients in ways that most suits them, but still are very convenient for us.

Pros

The customer support - the response to our questions is very fast. Any question, query or issue we had was looked at and solved.

Cons

Sometimes it is hard to reconcile the payments on our bank account with the incoming payments to PayStand. But we were informed this should become easier with some planning updates.

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Paystand FAQs and common questions

Q. What type of pricing plans does Paystand offer?

Paystand has the following pricing plans:
Pricing model: Subscription

Q. Who are the typical users of Paystand?

Paystand has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Small Business

Q. What languages does Paystand support?

Paystand supports the following languages:
English

Q. Does Paystand offer an API?

Yes, Paystand has an API available for use.

Q. What other apps does Paystand integrate with?

Paystand integrates with the following applications:
Sage Intacct, NetSuite

Q. What level of support does Paystand offer?

Paystand offers the following support options:
FAQs/Forum, Knowledge Base, Phone Support, Email/Help Desk, Chat

Most popular Paystand comparisons

Browse alternatives

Related categories

Payment Processing

Accounts Receivable

Billing and Invoicing

Select your country

US office

56 Top Gallant Road
Stamford, CT 06902
USA

Registered office

Calle Álava 121
08018 Barcelona,
Spain

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