B2B payments innovator and FinDEVr veteran, PayStand will power a new digital payment service from ONE UP. The service is the latest addition to the company’s suite of accounting, inventory, invoicing, and CRM tools for small businesses.
Jeremy Almond, CEO and founder of PayStand said: “Our mission is to use the power of the Internet to simplify, accelerate and lower the costs of business payments.” Almond called the implementation “a great validation of the reliability, scalability and security of our platform.”
Pictured: PayStand CEO Jeremy Almond during his FinDEVr 2014 presentation, “Comparing the Strengths and Weaknesses of Different Payment Types.”
ONE UP founder and CEO Francois Nadal praised PayStand’s ease of integration and the quality of the customer experience. Calling the platform, “everything we were looking for,” Nadal said the platform would enable his company to provide “the lowest possible rates” to its more than 335,000 business customers around the world.
PayStand’s cloud-based, payments-as-a-service platform enables businesses and organizations to accept credit cards, eChecks (ACH and debit), and currencies like bitcoin without transaction markups. With the PayStand integration, ONE UP customers will be able to accept online payments via a new “Pay Now” button from within the ONE UP app. The Standard Plan will be available for $10 a month and offer credit card payments at 2.49% and eCheck payments at 0.49%. A “Starter Plan” without monthly fees will also be offered.
Founded in 2013 and headquartered in Santa Cruz, California, PayStand demonstrated its payments platform at FinDEVr 2014.