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PayStand is an excellent solution for businesses looking to optimize their payment processes. It allows users to centralize their …
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What is PayStand?
PayStand is a payment gateway software solution offered by PayStand.
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What is PayStand?
PayStand is a payment gateway software solution offered by PayStand.
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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.