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Paystand offers zero-fee B2B payments through bank-to-bank transfers alongside traditional ACH and card options. The NetSuite integration embeds payment links in invoices, collects through Paystand's portal, and posts payments back to close open AR -- reducing DSO without processing fees on large invoices.
B2B Payments Without the Processing Fees
Paystand offers zero-fee B2B payment processing through bank-to-bank transfers, alongside traditional card and ACH options. For B2B companies tired of paying 2-3% processing fees on large invoices, Paystand's fee-free bank payment network is the primary appeal.
The NetSuite integration connects Paystand's payment collection to your AR process. Invoices go out with embedded payment links, customers pay through Paystand's portal, and payments post back to NetSuite automatically — closing out open invoices and updating AR without manual cash application.
At BrokenRubik, we integrate Paystand with NetSuite to automate your B2B collection workflow and reduce days sales outstanding.
What We Build
Invoice Payment Links: When invoices are created in NetSuite, the integration generates a Paystand payment link embedded in the invoice email. Customers click to pay directly — bank transfer, ACH, or credit card. No phone calls, no check processing, no manual payment entry.
Automatic Cash Application: When a customer pays through Paystand, the payment automatically applies to the correct open invoice in NetSuite. The customer payment record is created, the invoice is marked as paid, and your AR balance updates in real-time.
Payment Portal: Paystand provides a branded payment portal where customers can view outstanding invoices, make payments, and access payment history. This self-service capability reduces the "can you resend my invoice?" inquiries that tie up your AR team.
Dunning Automation: Automated payment reminders for overdue invoices. Paystand sends reminders based on rules you define — first reminder at 3 days overdue, second at 7 days, escalation at 30 days. The reminders include the payment link for immediate action.
Multi-Payment Method Support: Customers choose their preferred payment method. Zero-fee bank payments for customers who want to save on fees. ACH for those who prefer it. Credit card for those who need it. All payment types reconcile back to NetSuite through the same integration.
Fee-Free Bank Payments: Paystand's Blockchain-enabled bank-to-bank payment network eliminates processing fees for eligible transactions. For companies processing $100K+ in monthly B2B payments, the fee savings can be substantial — potentially covering the cost of Paystand itself.
FAQ
How does the zero-fee payment model work?
Paystand charges a monthly platform fee rather than per-transaction fees for bank-to-bank payments. Customers paying via Paystand's bank network incur no processing fees for either party. Credit card and standard ACH payments may still carry processing fees depending on your Paystand plan.
How quickly do payments post to NetSuite?
Bank-to-bank payments typically settle in 1-2 business days. ACH in 2-3 business days. Credit cards settle next day. Payment records in NetSuite are created when the payment is initiated, with status updates as the payment settles.
Can customers make partial payments?
Yes. Paystand supports partial payments and payment plans. Partial payments create partial cash application records in NetSuite, keeping the remaining invoice balance open.
Does this work with NetSuite SuiteBilling?
Yes. For subscription businesses using SuiteBilling, Paystand can handle the payment collection for recurring invoices. The integration creates payment records against SuiteBilling-generated invoices.
What clients ask before signing
Get Started
Automate your B2B payment collection and eliminate processing fees.
Need Paystand + NetSuite?
Tell us about your setup — typical Paystand integrations go live in 2-6 weeks.
Get StartedKey Capabilities
- Zero-fee payments
- AR automation
- Payment portal
- Auto-reconciliation
