Blockchain captures the spotlight in this week’s B2B Payment Rail Innovation roundup, with community banks in the U.S. embracing the technology to fuel small business payments innovation. Meanwhile, one FinTech touts the progress it’s already made wielding blockchain for B2B transactions.
Paystand Marks B2B Payments Volume On Blockchain
Paystand is touting a new milestone of B2B payments volume on its network as a demonstration of the capabilities for blockchain to enable more efficient transacting. The company recently announced that its blockchain payments network has now seen more than $2 billion in payment volume.
“There’s no question that blockchain is the unstoppable future for every essential business function, and Paystand has been pioneering blockchain applications for enterprise since 2013,” said Jeremy Almond, Paystand’s co-founder and CEO. “In the same way that the birth of the internet led to a universal shift in the way we produce and consume information, blockchain has the ability to transform every aspect of how we do business. We’re excited to make that transformation a reality in the realm of B2B payments.”
Continue reading: https://www.pymnts.com/news/b2b-payments/2021/payment-rails-blockchain-paystand-national-bank/
Paystand Marks B2B Payments Volume On Blockchain
Paystand is touting a new milestone of B2B payments volume on its network as a demonstration of the capabilities for blockchain to enable more efficient transacting. The company recently announced that its blockchain payments network has now seen more than $2 billion in payment volume.
“There’s no question that blockchain is the unstoppable future for every essential business function, and Paystand has been pioneering blockchain applications for enterprise since 2013,” said Jeremy Almond, Paystand’s co-founder and CEO. “In the same way that the birth of the internet led to a universal shift in the way we produce and consume information, blockchain has the ability to transform every aspect of how we do business. We’re excited to make that transformation a reality in the realm of B2B payments.”
Continue reading: https://www.pymnts.com/news/b2b-payments/2021/payment-rails-blockchain-paystand-national-bank/
