[ Paystand Reviews ](https://www.g2.com/products/paystand/reviews) [ Paystand Reviews ](https://www.g2.com/products/paystand/reviews) # Paystand Features ##### ## Payment Methods (2) ACH Automated Clearing House (ACH) is an electronic network that processes large volumes of financial transactions, including B2B payments. Credit and Debit Corporate debit and credit cards used specifically for B2B payments Show More ##### ## Payment Processing (7) Batch Processing Payments can be processed by batch without manual intervention Payments Scheduling Ability to schedule payments at predefined dates and times Automated Workflows Workflows to manage every stage of the payment process Self Service Self-service portals and mobile apps to submit invoices for processing Reconciliation Match invoices, payments, and bank statement information Settlements Clearing of electronic payments to transfer funds from customers to suppliers Payment Tracking Track each stage of the payment process and manage payments history Show More ##### ## Security and Compliance (6) PCI Compliant Comply with information security standards for credit card processing P2PE Point-to-point encryption to convert sensitive financial information into indecipherable code Fraud Management Features to protect companies from attempts to steal sensitive information like credit card details SSL Encryption Secure Sockets Layer is the standard security protocol for encryption of electronic data SOX Comply with the Sarbanes-Oxley Act (SOX) to protect companies and the public from accounting erros and fraud SOC Ensure compliance with Association of International Certified Professional Accountants standards for cloud vendors SOC1 and SOC 2 Show More ##### ## Integration (6) Agnostic Integration The software can be integrated with any other products Reporting Consolidation Reports are generated using financial data from multiple sources Plugins and APIs The vendor provides pugins and APIs that customers can use to create custom integrations Accounting Provide integration with accounting and financial management software Payments Integrates with other payments software ERP Deliver integrations with accounting modules of ERP systems Show More ##### ## Payment Processing (3) Encryption Built-in security to protect payment information in order to prevent fraud and hacking. Credit Card Processing The ability to process credit card payments and receive approval or denial of funds from the customer's bank. Mobile Payments The ability to process mobile payments from a mobile wallet or other mobile phone payment app. Show More ##### ## Administration (7) Reporting & Analytics Reports and analytics created from payment data. E-commerce Integration The ability to integrate directly with an e-commerce platform in order to create a seamless checkout experience. Processing Fees Fees associated with processing individual transactions that may be based on a percentage of the purchase or a flat rate. POS Integration The ability to integrate with a POS system in order to allow the processing of credit card or mobile payments in a store setting. Omnichannel Process payments from multiple channels such as ACH, mobile, or e-commerce. Levels 1 & 2 Supports levels 1 and 2 for credit card payment processing. Level 3 Supports level 3 credit card processing which requires additional data for qualification. Show More ##### ## Payment Options (2) Multi-Currency Allows users to process payments in multiple currencies. Online payment portal Provides an online portal where customers can make payments. Show More ##### ## Security (1) POS Verification Support cardholder verification methods for POS transactions. Show More ##### ## Platform (2) Accounting integration Provide integration with accounting software and ERP systems. E-commerce Integration Provide integration with B2B and B2C e-commerce platforms Show More ##### ## Bill Generation (3) Templates Provide standard invoice templates that can be customized by users Digital Billing Ability to convert invoices to digital formats such as PDF Recurring Billing Automatically generates invoices at pre-defined time intervals Show More ##### ## Bill Processing (3) Consolidation Allow users to consolidate multiple invoices into one Batch Invoicing Ability to create multiple types of invoices Management Manage invoicing for different types of products or services Show More ##### ## Payment Types (2) E-Commerce Facilitates the acceptance of electronic payment for online transactions Retail Features a common interface for in-store, online, and on-the-go set across all acceptance points Show More ##### ## Reporting (3) Status Reports on the status of invoices or payments Customer Credit Run reports on customer credit History Tracks all transactions, from issuing invoices to payment reminders to receiving payment Show More ##### ## Integrations (2) Accounting Integrates with accounting or similar platforms ERP Integrates with ERP systems Show More ##### ## Transactions (2) Invoices Creates or imports invoices Payments Collects different payment types and manages payment terms Show More ##### ## Workflows (2) Approvals Offers customizable approval processes for all types of transactions Reconciliation Reconciles payments to invoices to ensure matching Show More ##### ## Agentic AI - Billing (1) Autonomous Task Execution Capability to perform complex tasks without constant human input Show More ##### ## Agentic AI - Accounts Receivable Automation (1) Autonomous Task Execution Capability to perform complex tasks without constant human input Show More ##### ## Agentic AI - Enterprise Payment (1) Adaptive Learning Improves performance based on feedback and experience Show More ##### ## AI - Accounts Receivable (3) Generative Sends automated messages and reminders, resolves disputes, or does proactive outreach. Responses Responds to basic questions from inbound emails. Predictive Analytics Analyzes past transactions to make a prediction of when future payments are likely to be paid. Show More ## Top-Rated Alternatives [ ![BILL AP/AR](https://images.g2crowd.com/uploads/product/hd_favicon/5732d9e5c8486308f5159e2ec584bcfb/bill-ap-ar.svg "BILL AP/AR") BILL AP/AR 4.4/5(1,809) ](https://www.g2.com/products/bill-ap-ar/reviews) [ ![Versapay](https://images.g2crowd.com/uploads/product/hd_favicon/800395d6c04a0aeb155e982f7f3bebef/versapay.svg "Versapay") Versapay 4.1/5(101) ](https://www.g2.com/products/versapay/reviews) [ ![Invoiced](https://images.g2crowd.com/uploads/product/hd_favicon/6df3ace2c4c3f392af4943e60ad7aeed/invoiced.svg "Invoiced") Invoiced 4.5/5(414) ](https://www.g2.com/products/invoiced/reviews) [ View All Alternatives ](https://www.g2.com/products/paystand/competitors/alternatives) Paystand Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_898cd59fbdde6088f35ea8a9c14df29d/versapay.png "Product Avatar Image") Versapay 4.1/5(101) [ Compare Now ](https://www.g2.com/compare/paystand-vs-versapay) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_b419d879f1565b869e8e240bb8295a67/bill-ap-ar.png "Product Avatar Image") BILL AP/AR 4.4/5(1,809) [ Compare Now ](https://www.g2.com/compare/bill-ap-ar-vs-paystand) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_8a76d8dc8b548aff82337f33933f65eb/quadient-accounts-receivable.png "Product Avatar Image") Quadient Accounts Receivable 4.4/5(154) [ Compare Now ](https://www.g2.com/compare/paystand-vs-quadient-accounts-receivable) ##### Categories on G2 [ Billing ](https://www.g2.com/categories/billing)[ Payment Processing ](https://www.g2.com/categories/payment-processing)[ Enterprise Payment ](https://www.g2.com/categories/enterprise-payment) [ Accounts Receivable ](https://www.g2.com/categories/accounts-receivable) Show More ##### Explore More [ What platform integrates visual collaboration with project management systems? ](https://www.g2.com/discussions/what-platform-integrates-visual-collaboration-with-project-management-features)[ Best cloud compliance software for multi-cloud environments ](https://www.g2.com/discussions/best-cloud-compliance-software-for-multi-cloud-environments)[ Best purchasing platforms for office supply management ](https://www.g2.com/discussions/best-purchasing-platforms-for-office-supply-management) [ What bot platform handles the handoff from chatbot to a live human agent well without the customer having to repeat themselves? ](https://www.g2.com/discussions/bot-platforms-what-bot-platform-handles-the-handoff-from-chatbot-to-a-live-human-agent-well-without-the-customer-ha)[ Best AI Sales Assistants ](https://www.g2.com/discussions/best-ai-sales-assistants)[ Pros and Cons Details ](https://www.g2.com/products/paystand/reviews?qs=pros-and-cons) Show More [ What platform integrates visual collaboration with project management systems? ](https://www.g2.com/discussions/what-platform-integrates-visual-collaboration-with-project-management-features)[ Best cloud compliance software for multi-cloud environments ](https://www.g2.com/discussions/best-cloud-compliance-software-for-multi-cloud-environments)[ Best purchasing platforms for office supply management ](https://www.g2.com/discussions/best-purchasing-platforms-for-office-supply-management) [ What bot platform handles the handoff from chatbot to a live human agent well without the customer having to repeat themselves? ](https://www.g2.com/discussions/bot-platforms-what-bot-platform-handles-the-handoff-from-chatbot-to-a-live-human-agent-well-without-the-customer-ha)[ Best AI Sales Assistants ](https://www.g2.com/discussions/best-ai-sales-assistants)[ Pros and Cons Details ](https://www.g2.com/products/paystand/reviews?qs=pros-and-cons)