Paystand

Paystand is a B2B payment platform built on blockchain technology. It provides accounts receivable (AR) and accounts payable (AP) automation, supporting payment methods such as ACH, eCheck, and credit cards. The platform integrates with major ERP systems like NetSuite and QuickBooks, enabling automated reconciliation and real-time cash flow visibility.

Its core value proposition is a zero-transaction-fee model. By leveraging blockchain and its USDb stablecoin, Paystand eliminates per-transaction fees, which are common in traditional payment processors. The platform also offers a payment network that connects buyers and sellers directly, reducing reliance on intermediaries.

The main pain points Paystand addresses include high processing costs, manual reconciliation, slow payment cycles, and lack of transparency in B2B transactions. Traditional B2B payments often rely on paper checks or costly card networks, leading to inefficiencies and delayed cash flow. Paystand digitizes the entire process, from invoicing to settlement, with real-time tracking and automated matching.

Regarding recent developments, in January 2026, Paystand announced a strategic partnership with Pine Services Group to modernize AR workflows across Pine's portfolio companies. However, from February to August 2026, no major product launches or updates were publicly disclosed. The company has continued to operate its payment network, but specific milestones during this period remain unclear. No significant negative events were reported in the past two years.