Paystand Releases Touchless Pay as you go Various Product “Zero Card”

PayStand, a blockchain-based, B2B funds agency, introduced on Thursday the discharge of its new product, Zero Card. In response to Paystand, Zero Card is a completely touches, pay as you go alert native to company expense playing cards. It’s designed for mid-market companies which are in want of extra “flexibility and management” over budgets and spending.

“Utilizing the Zero Card streamlines bill processing, expense reporting, and cost execution, and permits companies to handle, observe, and management firm spending in real-time. However not like any company card in the marketplace, the Zero Card leverages Paystand’s zero-fee cost community to provide companies a quick, safe strategy to remove the price of transaction charges.”

Jeremy Almond, CEO of Paystand, said that the Zero Card combines the “consumer-like expertise of peer-to-peer funds” with the pace and safety of Paystand’s no-fee funds community.

“We fully re-engineered the company card so companies can transfer away from reactive spend administration ways to a spot the place they’ve visibility of spend earlier than it occurs.”

Paystand additional famous that the Zero Card is a pay as you go digital expense card that workers can use to securely make purchases on-line and over the telephone.

“From a transaction point-of-view, it really works precisely the identical method as bodily playing cards, besides it requires no credit score checks and companies can concern and deactivate these 16-digit card numbers in only a few clicks.”

Based in 2013, Paystand claims it’s on a mission to create a extra open monetary system, beginning with B2B funds. The platform famous that by utilizing blockchain and cloud know-how, it has pioneered Funds-as-a-Service to digitize and automate your complete money lifecycle.