PayStand integrates with Xero

Source: PayStand

PayStand, the B2B payment platform for the blockchain era, today announced an integration with Xero, a leading accounting and bookkeeping software platform used by over one million small businesses.

Available on the Xero Marketplace, PayStand’s Xero plug-in allows Xero users to accept bank (ACH, Smart ACH/eCheck) and card (debit, credit) payments directly in sales orders and invoices. This dramatically speeds up time to cash, automates accounting processes and lowers transaction costs.

“Our goal is to transform commercial finance by automating the enterprise cash life cycle,” said Jeremy Almond, CEO of PayStand. “We are proud to offer PayStand’s innovative technology platform to the millions of small businesses that look to industry leaders like Xero to manage accounting and bookkeeping practices. This partnership will enable seamless and cost-effective business payments operations—another step closer toward a frictionless payments infrastructure.”

As an advanced, feature-rich ERP solution tailored to small business owners, Xero is a leading small-business accounting software. The PayStand integration is the only plug-in for Xero that offers all of the payment methods businesses require including cards, bank transfers, ACH and Smart ACH. This optimizes B2B payments and delivers Xero users the capabilities to dramatically up-level billing, invoicing and reconciliation processes while driving significant bottom-line savings.
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