PayStand Releases Tech to Mix Bitcoin, E-Checks and Card Payments

PayStand, an e-commerce gateway for alternative and traditional forms of payment, is opening up its application programming interface (API) to support payments with credit cards, e-checks and Bitcoin.
The API will allow developers of mobile and e-commerce sites to “re-imagine financial systems,” said Jeremy Almond, co-founder and CEO of PayStand. “Developers can access [tool sets] from traditional players pretty easily…but maybe not so much for alternative forms of payment.”
The year-old company has been running pilots with developers all summer, building apps on top of its API to support different payment networks and types, with a goal of making payments more efficient and cheaper for merchants.
This post was published at Payments Source on OCT 2, 2014.