Market Overview

PayStand Integrates with Xero to Optimize B2B Payments

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  • PayStand offers Xero users a seamless, automated way to capture
    payments and reconcile them directly in accounting software
  • Plug-in with leading accounting platform enables small businesses to
    accept bank and card payments inside of sales orders and invoices
  • PayStand continues to expand offerings, empowering businesses to
    transform their business payments operations

PayStand, the
B2B payment platform
for the future of commerce, 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.

To learn more about PayStand and Xero integrations, visit http://www.paystand.com/xero.

About PayStand

PayStand's mission is to use modern internet, Blockchain and SaaS
technologies to transform B2B payments. PayStand's revolutionary
"Payments as a Service" model creates a smart billing & payment network
that can digitize receivables, automate processing, reduce time-to-cash,
lower transaction costs and enable new revenue. Enterprises from
manufacturers and distributors, to software platforms and service
providers use PayStand's flexible platform to integrate digital payments
into their websites, invoices, ERP billing systems and mobile
applications. PayStand is venture backed and has been consistently
recognized as one of the top innovators in enterprise financial
services. For more information, visit https://paystand.com.

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