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Revolutionizing B2B Payments: Paystand Acquires Teampay to Create a No-Fee Digital Payment Powerhouse
In a groundbreaking transfer, Paystand has obtained Teampay to renovate the landscape of B2B payments, aiming to become the DeFi model of ‘Venmo for company transactions’. With a concentrate on eradicating service fees and streamlining procedures, this merger aims to deliver a new amount of performance and usefulness to commercial blockchain transactions.
The joint venture expert services more than 1 million corporations, processing more than $10 billion in transactions to date. Paystand CEO Jeremy Almond envisions a long run wherever B2B payments are as seamless and user-pleasant as purchaser finance applications like Venmo and CashApp. By incorporating blockchain engineering, Paystand is set to revolutionize the way organizations send and acquire funds, paving the way for a much more transparent and price-efficient payment ecosystem.
This strategic partnership marks Paystand’s determination to innovation and modernization in the fintech field. By leveraging the ability of blockchain and decentralized finance networks, Paystand is poised to disrupt the regular banking system and present corporations a additional successful and secure payment answer. As the consumerization of the business carries on to acquire momentum, Paystand is leading the way in revolutionizing B2B payments for the digital age.
