Name: PayStand
Rating: 6.2 (2 reviews)
Author: PayStand

Call Center Workforce Optimization

Help Desk

Web and Video Conferencing

Customer Support

Chatbot

Flowchart

Development

Career Center

Education

Business Intelligence (BI)

Collaboration

Enterprise Search

Streaming Analytics

Enterprise

Accounting

Accounting and Tax Services

Budgeting and Forecasting

Crypto Accounting

Tax Compliance

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

Freelance Management

HR Management

Payroll

Recruitment Marketing

Talent Intelligence

Talent Management

Video Interview

Workforce Analytics

Workforce Management

eLearning Content

Human Resources

Application Virtualization

Blade Servers

Cloud Storage

Disaster Recovery

Fraud Detection

IT Professional Services

Identity Verification

Integration Platform as a Service (iPaaS)

Machine Learning

Network Performance Monitoring

Office Migration and Repair

Packet Analyzer

Penetration Testing

Single Sign-On

Vector Databases

Virtual Data Room

Virtual Private Cloud (VPC)

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Call Tracking

Click Fraud

Content Management

Customer Success

Digital Content Creation

Email Marketing

Enterprise Marketing Management

Marketing Automation

Referral Marketing

Social Media Management

Survey & Forms Building

URL Shorteners

Video Editing

Web Analytics

Marketing

Project Management

Professional Services

Construction CRM

Customer Relationship Management (CRM)

Revenue Operations

Sales

Interior Design

Inventory Management

Moving Software

PCB Design

Population Health Management

Public Transportation

Retail Execution

Retail Management

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Stripe Payments

Stripe

PayPal Payments Pro

PayPal

Checkout.com

Apple Pay

Apple

Google Pay

Google

Authorize.net

Visa

Amazon Pay

Amazon AWS

Paytm

Payoneer

### Payment Processing
Users unanimously praise PayStand's payment processing capabilities. The platform's ability to streamline payment processes, automate transactions, and provide secure payment options has garnered high acclaim from users. Despite some concerns about the lack of international payment support, the overall consensus is that PayStand excels in facilitating efficient and secure payment processing for businesses. Customers appreciate the cost-saving benefits, ease of use, and the time-saving features that come with PayStand's payment processing solutions.

### Credit and Debit Card Handling
Users have expressed satisfaction with PayStand's credit and debit card handling capabilities, citing the platform's efficiency in processing payments and reducing transaction fees. The ability to integrate various payment methods, such as ACH, bank transfers, and credit cards, has been particularly lauded for its ease of use and cost-saving benefits. While some users noted a lack of a Zero Fee option for international payments, overall feedback indicates that PayStand's credit and debit card handling functionality is a strong asset for businesses seeking streamlined payment processes.

### Bank and ACH Transactions
Users generally appreciate PayStand's ability to facilitate payments via bank accounts and ACH transactions. The platform's user-friendly interface, cost-saving features, and automation capabilities have garnered positive feedback. Some users have highlighted the convenience of integrating payments into ERP systems and the reduction of transaction fees. However, there are a few dissenting voices expressing concerns about the transparency and fund management practices of PayStand. Despite this, the overall sentiment leans towards the effectiveness of PayStand in streamlining bank and ACH transactions for businesses.

### Invoicing and Billing
Users consistently highlight PayStand's invoicing and billing features as a game-changer in their operations. The automation provided by PayStand has significantly reduced manual efforts, saving users substantial time and resources. Customers appreciate the ease of use and efficiency of PayStand's invoicing system, emphasizing its impact on streamlining processes and enhancing overall productivity.

### Collections and Dunning
Users generally praise PayStand's collections and dunning capabilities. The automation of the dunning process has been highlighted as a significant improvement, allowing for streamlined invoicing and payment collection. While some users have experienced challenges with payment disputes and integration issues, the overall consensus leans towards the effectiveness of PayStand in enhancing collections and dunning processes. The platform's ability to reduce manual labor, improve efficiency, and provide secure payment processing has been well-received by users, contributing to a more streamlined and effective collections workflow.

### Fees and Cost Management
Users unanimously praise PayStand's fee management and cost-saving features. They appreciate the platform's ability to eliminate unnecessary transaction and credit card fees, ultimately reducing payment processing costs. PayStand's integration with ERP systems streamlines financial processes, automates reconciliation, and helps businesses transition payments to more cost-effective methods like ACH and bank transfers. The consensus among users is that PayStand's fee and cost management capabilities significantly contribute to operational efficiency and financial savings.

PayStand is an excellent solution for businesses looking to optimize their payment processes. It allows users to centralize their invoicing process, automate AR, and reduce payment processing expenses. Several users have reported that PayStand has streamlined their invoicing process by approximately 90%, freeing up valuable time for them to focus on other strategic projects.

PayStand's diverse range of payment options has also been appreciated by some users. They can get paid by clients in ways that best suit them while still being convenient for the users. Non-profit organizations, in particular, have found PayStand helpful in integrating donate buttons into their websites and social media, enabling general donations and accepting payments with no transaction fees.

Furthermore, PayStand has helped small businesses expand their reach by accepting multiple payment methods online beyond credit cards. It has allowed some users to accept big-ticket items online that they normally wouldn't have wanted to take a hit on the credit card fee while also offering customers several zero-fee choices. Users have also found PayStand's customer service to be helpful and responsive when setting up and passing on fees or addressing any other issues that may arise. Overall, PayStand is a fantastic solution for businesses looking to save time and streamline their payment processes while also providing their clients with various payment options.

Efficient Automation: Users have found PayStand to be an efficient automation solution that saves them valuable time. Some reviewers noted saving 70-80 hours a week by automating invoicing processes and making their business operations more efficient.

Zero Credit Card Transaction Fees: Reviewers appreciate PayStand's ability to eliminate unnecessary transaction credit card fees, with some stating that this feature saved them around 2% of their total annual revenue. The Zero Fee payment rail is seen as one of the best payment gateway options available, allowing users to transfer money to bank without any charge.

User-Friendly Interface: PayStand's user-friendly interface has been highly appreciated by many users, with reviewers finding it very easy-to-use and figure out without explanation.

Slow support response: Some users have experienced slow responses from the PayStand support team, causing frustration and delaying issue resolution. 

Unreliable transaction posting: Several reviewers reported issues with transactions not being posted as promised by PayStand, leading to a lack of trust in the system's reliability.

Poor dispute resolution: A significant number of users complained about PayStand losing disputes compared to other merchants they worked with previously. This has resulted in financial losses and dissatisfaction with the company's management and underwriting process.

PayStand is a payment gateway software solution offered by PayStand.

Integrated

Customized

Radar

Terminal

Sigma

Atlass

Issuing

Premium Support

PayPal Payments Pro is an enterprise-class ecommerce payment solution, that  provides payment processing security to build a professional-grade ecommerce site. It can be configured to meet business needs and works across devices. Users can tap into over 390 million active customer accounts around the globe.

Commercial Transactions - Online

Commercial Transactions - In-Store

PayPal's pay later offers

QR code Transactions

Venmo

Charity Transactions

PayStand

Payment gateway Software helps connect eCommerce websites to the bank (merchant account) in order to process online payments and transfer sensitive credit card information securely.

Payment Gateway

Payment Gateways

The technology used to accept credit cards, debit cards, and other payments from customers.

Ability to detect fraudulent transactions while allowing legitimate transactions

API or SDK

Tools to interact with payment gateway code

Recurring Payment Support

Ability to support subscriptions and recurring payments

Billing and Invoicing Support

Global Support

Payment Form Acceptance

Ability to accept many different forms of payment

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Payment Gateway Software

PayStand

Overview

What is PayStand?