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Paystand Adds DeFi Card to Blockchain-Based AR

Business-to-business (B2B) payment specialist Paystand has added dynamic discount pricing as an option for monthly subscribers connected to its blockchain-enabled network. Accounts receivable (AR) teams at Paystand seller customers can use an early pay option as an incentive to accelerate payments received from accounts payable (AP) teams at buyers. Paystand says that more than 400,000 AP teams are on its blockchain network, which functions using Ethereum smart contracts. The dynamic discount application is the first of its kind in a B2B blockchain. Discounts for early payment are automatic...

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July 2022
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