Paystand offers a cloud-based payments-as-a-service platform, focusing on modernizing B2B payments. The company's technology leverages SaaS and blockchain to automate accounts receivable, reduce transaction fees, and enable faster, more secure business transactions. Paystand's solutions cater to various industries and can be integrated with existing software systems.

The platform provides a range of products and technologies, including APIs for customized payment infrastructure and tools to power software marketplaces. Paystand emphasizes its ability to streamline the entire cash cycle, digitize receivables, and eliminate traditional transaction fees. The company serves customers in the United States, offering a comprehensive approach to B2B payment automation and optimization.