Am I eligible to apply for a DeFi Corporate Card?
Paystand’s DeFi Card is available to corporations and other forms of non-individual liability companies. Only companies organized and registered in the United States (such as C-corps, S-corps, LLCs, or LLPs) may apply for a DeFi Corporate Card account.
What constitutes an ineligible user
Paystand underwrites with Employer Identification Numbers (EINs), therefore consumers, sole proprietors, and other unregistered businesses are ineligible.
Additionally, consumers, sole proprietors, unincorporated partnerships, and companies registered outside the United States are not permitted to use, or attempt to open or use, a DeFi Card account.
There are also some prohibited activities and businesses that Paystand cannot support, see our Terms of Service.
Why is KYC/KYB review still pending?
The Paystand underwriting team typically takes 2 business days to approve your application. If someone from our team has not reached out, you likely do not qualify for a DeFi card account.