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Payments

Paystand launches business expense cards with cryptocurrency rewards

Image via Istock.com

April 11, 2022

Paystand, a blockchain B2B payments company, recently launched a business expense card with native cryptocurrency rewards called the DeFi Corporate Card. With this card, users can earn bitcoin rewards for every purchase, according to a press release.

The card's features include:

  • Provisioning of virtual and physical cards.
  • Real-time tracking of transactions.
  • Spending controls like spend limits, merchant category codes and auto-lock dates.

"We believe blockchain technology and cryptocurrency is the future of finance, and we're excited to help businesses participate and grow in the digital economy with DeFi Corporate Card," Jeremy Almond, CEO and co-founder of Paystand, said in the release. "By giving businesses a next-gen spend management product that solves everyday pain points and gives them exposure to crypto in the form of rewards, we enable them to participate in the open financial network and benefit from greater control over their finances."




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