B2B Payments Transaction Market, By Payment Type, By Payment Method, By Enterprise Type, By Industry, By Geography

Description

The B2B payments transaction market is estimated to be valued at US$ 1,576.61 Bn in 2024 and is expected to reach US$ 3,021.25 Bn by 2031, growing at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 1,576.61 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	9.70%	2031 Value Projection:	US$ 3,021.25 Bn

Figure. B2B Payments Transaction Market Share (%), By Region 2024

The B2B payments transaction market refers to financial transactions conducted between businesses, from large enterprises to small and medium-sized businesses. This includes all methods of payment for purchasing goods and services from other companies. Key aspects of B2B payments include commercial cards, direct debits, business checks, and electronic payments like wire transfers and automated clearing house (ACH) transactions. The global pandemic has accelerated the trend of digital transformation across industries and the shift towards digital and remote B2B transaction models. This has propelled growth in the market for electronic B2B payments as businesses seek convenient, secure and cost-effective payment solutions.

Market Dynamics:

The B2B payments transaction market is driven by factors such as the growing emphasis on streamlining workflows, the need for real-time payment capabilities and flexible payment options among enterprises. The market sees restraints from legacy systems that hamper the migration to new technologies. However, opportunities lie in the modernization of B2B infrastructure to support digital transactions. The COVID-19 outbreak has created a strong impetus for contactless and digital B2B commerce, augmenting the demand for automated payment methods. Innovations in fields like AI and blockchain also promise to disrupt traditional models and forge new pathways for secured, seamless and traceable B2B transfers.

Key features of the study:

This report provides an in-depth analysis of the global B2B Payments Transaction market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031, considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global B2B Payments Transaction market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Mastercard Inc., FIS , Stripe, Inc. , Paystand, Inc., Flywire , Squareup Pte. Ltd, Edenred Payment Solutions , Payoneer Inc. , American Express , Visa Inc. , JPMorgan & Chase, Adyen N.V., Billtrust, Coupa Software Inc., Dwolla, Inc., Earthport PLC, FLEETCOR Technologies, Inc., Intuit Inc., Nvoicepay, Inc., Optal Limited, Paytm Mobile Solutions Private Limited, PayPal Holdings, Inc., TransferWise Ltd. (Now known as Wise), and Scoot and Ride.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global B2B Payments Transaction market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global B2B Payments Transaction market.

Market Segmentation

By Payment Type
- Domestic Payments
- Cross Border Payments
By Payment Method
- Bank Transfer
- Cards
- Online Payments
By Enterprise Type
- Small & Medium Enterprises
- Large Enterprises
By Industry
- Government
- Manufacturing
- BFSI
- Metal & Mining
- IT & Telecom
- Retail & E-commerce
- Others (Healthcare, Energy & Utilities)
By Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players:
- Mastercard Inc.
- FIS
- Stripe, Inc.
- Paystand, Inc.
- Flywire
- Squareup Pte. Ltd
- Edenred Payment Solutions
- Payoneer Inc.
- American Express
- Visa Inc.
- JPMorgan & Chase
- Adyen N.V.
- Billtrust
- Coupa Software Inc.
- Dwolla, Inc.
- Earthport PLC
- FLEETCOR Technologies, Inc.
- Intuit Inc.
- Nvoicepay, Inc.
- Optal Limited
- Paytm Mobile Solutions Private Limited
- PayPal Holdings, Inc.
- TransferWise Ltd. (Now known as Wise)
- Scoot and Ride

Product Code: CMI6917

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Payment Type
- Market Snippet, By Payment Method
- Market Snippet, By Enterprise Type
- Market Snippet, By Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launches/Approvals
Impact of the COVID-19 Pandemic

4. Global B2B Payments Transaction Market, By Payment Type, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Domestic Payments
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Cross Border Payments
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global B2B Payments Transaction Market, By Payment Method, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Bank Transfer
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Cards
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Online Payments
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global B2B Payments Transaction Market, By Enterprise Type, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Segment Trends
Small & Medium Enterprises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Large Enterprises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

7. Global B2B Payments Transaction Market, By Industry, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Government
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Manufacturing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
BFSI
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Metal & Mining
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
IT & Telecom
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Retail & E-commerce
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Others (Healthcare, Energy & Utilities)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

8. Global B2B Payments Transaction Market, By Region, 2019-2031 (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
North America
- Regional Trends
- Market Size and Forecast, By Payment Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Payment Method, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Enterprise Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Industry, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2019 and 2031 (%)
U.S.
Canada
Europe
- Regional Trends
- Market Size and Forecast, By Payment Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Payment Method, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Enterprise Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Industry, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2019 and 2031 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Payment Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Payment Method, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Enterprise Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Industry, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2019 and 2031 (%)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Payment Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Payment Method, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Enterprise Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Industry, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2019 and 2031 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Payment Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Payment Method, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Enterprise Type, 2019-2031 (US$ Billion)
- Market Size and Forecast, By Industry, 2019-2031 (US$ Billion)
- Market Share Analysis, By Country, 2019 and 2031 (%)
GCC Countries
South Africa
Rest of the Middle East & Africa

9. Competitive Landscape

Company Profiles
- Mastercard Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- FIS
- Stripe, Inc.
- Paystand, Inc.
- Flywire
- Squareup Pte. Ltd
- Edenred Payment Solutions
- Payoneer Inc.
- American Express
- Visa Inc.
- JPMorgan & Chase
- Adyen N.V.
- Billtrust
- Coupa Software Inc.
- Dwolla, Inc.
- Earthport PLC
- FLEETCOR Technologies, Inc.
- Intuit Inc.
- Nvoicepay, Inc.
- Optal Limited
- Paytm Mobile Solutions Private Limited
- PayPal Holdings, Inc.
- TransferWise Ltd.

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Research Methodology

References
Research Methodology
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