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Paystand Logo
Paystand
4.2
(20)

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Digital Payments for Your Businesses

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(2)

Paystand Pricing, Features, Reviews and Alternatives

Paystand product overview

Price starts from

299

Per month

Flat Rate

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.

Key benefits of using Paystand

- Save on Payment Processing Costs
- Collect Revenue Instantly
- Reduce Uncollected Revenue
- Save Time by Automating Manual Accounts Receivable Tasks

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

/5

20

Starting from

299

Per month

Flat Rate

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

Paystand features

Functionality

4.5

/5

20

Total features

23

3 categories

Most valued features by users

Third Party Integrations
API
Customizable Branding
Activity Dashboard
Reporting/Analytics
Order Management
Inventory Management
Accounting Integration

Functionality contenders

Paystand users reviews

Overall Rating

4.2

/5

20

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7.43/10
Rating distribution

5

4

3

2

1

15

1

0

1

3

Pros
Seems very good to accept payment from bank accounts. The technical support is great you can ask for help about everything.
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.
And I'm thankful how easy and intuitive PayStand is to setup and maintain because I'm not that technical. And I love being able to talk to someone on the phone.
Cons
Worst financial company experience ever. Which there was a negative five stars as thats what they should have.
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.
Hold your money for up to 5 days. Wasted our time for over a week for nothing.

Overall rating contenders

AR
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Verified reviewer

Information Technology and Services, 501-1,000 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Paystand: Finance Redefined

Reviewed a year ago

- PayStand is an exceptional tool for B2B payments. - PayStand will be a win-win tool for all the small and medium enterprises and beneficial for the budding startups.

Pros

- PayStand is a reliable solution for all B2B payments. Very easy to use interface and value for money product. - PayStand helps users to eliminate unnecessary transaction/credit card fees. - PayStand comes with great features starting from automating finance processes to integration with ERP very quickly and easily. - Integrate a payments interface into ERP invoicing for ACH, Bank Transfers, and Credit Card - Completely automate reconciliation and cash application against open invoices - Help alleviate DSO and paper check volume - Reduce or eliminate Credit Card/transaction fees

Cons

- PayStand is a feature-loaded medium for B2B payments, and there is nothing to dislike in PayStand. - The features and benefits offered by PayStand make it a reliable and value-for-money product.

AR
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Verified reviewer

E-Learning, 11-50 employees

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 3 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.

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Marcel H.

Electrical/Electronic Manufacturing, self-employed

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Good payment gateway

Reviewed 2 months ago
Pros

Paystand was fairly inexpensive, and setup was simple. Works well.

Cons

Support staff's replies are tardy. Very sluggish to address issues and was unresponsive.

SD
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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 3 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.

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Vasilis A.

Higher Education, 501-1,000 employees

Used monthly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

Share this review:

Paystand value for money

Reviewed 2 months ago
Pros

Seems very good to accept payment from bank accounts. The technical support is great you can ask for help about everything

Cons

I can't find any bad in paystand it is little more expensive than others but deserve it

Paystand FAQs

Q. What type of pricing plans does Paystand offer?

Paystand has the following pricing plans:
Starting from: $299.00/month
Pricing model: Subscription


Q. Who are the typical users of Paystand?

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

See alternatives

Q. What languages does Paystand support?

Paystand supports the following languages:
English

See alternatives

Q. Does Paystand offer an API?

Yes, Paystand has an API available for use.

See alternatives

Q. What other apps does Paystand integrate with?

Paystand integrates with the following applications:
Sage Intacct, NetSuite

See alternatives

Q. What level of support does Paystand offer?

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

See alternatives

Common Paystand comparisons

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