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    Home»Blockchain»Paystand Delivers First Business Expense Card With Rewards Paid out Exclusively in Cryptocurrency
    Defi-corporate-spending-card-earn-bitcoin-crypto-from-Paystand.jpg
    Blockchain

    Paystand Delivers First Business Expense Card With Rewards Paid out Exclusively in Cryptocurrency

    adminBy adminMarch 30, 2022No Comments3 Mins Read
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    SCOTT VALLEY, California-(WIRE BUSINESS)-Paystand – a leader in blockchain -enabled B2B payments – today introduced the first business cost card with genuine crypto rewards. A technology -advanced shopping management platform, DeFi Enterprise Card offers fast providers of virtual and physical cards, advanced shopping controls, and real -time expense reports along with bitcoin rewards.

    With the DeFi Card, businesses get bitcoin rewards on every purchase. Unlike other business -focused cards that allow businesses to return and redeem points earned for crypto rewards, Paystand’s DeFi Corporate Card allows businesses to earn bitcoin seamlessly with every dollar spent. They don’t have to change their daily workflow; they can make purchases as usual, get tighter control over corporate spending, and earn bitcoin automatically.

    When businesses pay with a DeFi Card through the Paystand commercial payment network, Paystand merchants avoid paying transaction fees.

    The DeFi card offers the desired shopping management tools that include:

    • Quick provision of virtual and physical cards to employees and cost line items.

    • Search real-time transactions by class and category.

    • Advanced spending controls include spending limits, merchant category codes, and automatic lock dates, reducing risk and ensuring the team stays within budget.

    “We believe blockchain and cryptocurrency technologies are the future of finance, and we are excited to help businesses participate and grow in the digital economy with DeFi Enterprise Cards,” said Jeremy Almond, CEO and co-founder of Paystand. “By giving businesses the next generation of spending management products that solve their daily pain points and provide crypto exposure in the form of rewards, we can participate in open financial networks and benefit from greater control over finances.”

    “We like to use advanced corporate cards like the DeFi Card,” said Haydn Brill, CEO of Brill & Associates. “Using the DeFi Card is a way to learn about cryptocurrency without having to buy it ourselves. We can learn in a low -risk atmosphere while winning prizes.”

    To learn more about Paystand and DeFi Corporate Cards, or to apply, visit here.

    Media files link

    About Paystand

    Paystand is on a mission to create an open and fair commercial finance system, starting with a zero-fee network for DeFi B2B payments. Using blockchain and cloud technology, Paystand makes it possible to digitize receivables, automate processes, reduce time-to-cash, eliminate transaction costs, and enable new revenue. In August 2021, Paystand was named to Inc. 5000 Lists for the second year in a row. Paystand has raised $ 86 million and named the CB Insights Fintech 250 as one of the most promising private fintech in the world. For more information about Paystand, visit us at paystand.com. Follow us blogand connect with us on Twitter and LinkedIn.

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