Paystand Joins Bitcoin for Corporations as Premier Vendor Partner
Paystand, the blockchain-powered B2B payments network, has joined Bitcoin for Corporations (BFC) as a Premier Vendor Partner. BFC — co-founded by BTC Inc. and Strategy Inc. — represents 38 member companies holding 69% of all corporate Bitcoin worldwide.
The partnership targets an operational gap that most corporate Bitcoin adopters have ignored. Treasury allocation is now routine. Operational infrastructure is not. Payroll still clears through legacy international processors. Vendor payments still run over ACH and wire with bank intermediaries extracting fees at every step. Receivables still age 30 to 60 days on rails that predate the internet. Paystand positions itself as the close for all of it.
The company brings three integrated products. Its accounts receivable platform processes approximately 2% of all U.S. commercial account-to-account payments and has handled over $15 billion in total volume. Teampay by Paystand covers accounts payable, spend management, and corporate cards that return 1% back in satoshis per transaction. Bitwage, acquired in 2025, handles payroll across nearly 200 countries for over 4,500 companies, with $400 million processed to date.
As Premier Vendor Partner, Paystand will be the formally recommended full-stack financial operations provider for BFC member companies — miners, exchanges, treasury operators, and infrastructure builders — with dedicated onboarding, executive introductions, and joint research access.
“Putting Bitcoin on the balance sheet is the easy part,” said CEO Jeremy Almond. “Rewiring how a business actually runs is the hard part.”
The integration signals a broader institutional shift. Bitcoin treasury adoption established the asset class argument. The operational layer — how enterprises pay people, vendors, and customers — is now the next execution frontier. Paystand is building the case that Bitcoin is not just a reserve asset but the foundation a business runs on.