The B2B Payments Market size was valued at USD 1603.32 Billion in 2023 and the total B2B Payments revenue is expected to grow at a CAGR of 9.42% from 2024 to 2030, reaching nearly USD 3010.91 Billion by 2030.B2B Payments Market Overview
B2B payments, also known as business-to-business payments, pertain to financial transactions conducted between two or more businesses. Unlike B2C payments, which involve transactions between businesses and individual consumers.To know about the Research Methodology :- Request Free Sample Report 1. PayPal, Apple Pay, and Cash App are the top mobile payments brands used by customers in the United States. 2. As of April 2023, there were 414 banks live on UPI, and transactions of 14,07,007.55 crores have been conducted in India. The B2B payments market witnesses significant growth with a CAGR of XX% during the forecast period driven by digitalization, automation, and the increasing volume of global trade. The market boasts a diverse range of players like Bank of America and JPMorgan Chase holding a significant share (around 40%), fintech companies are making their mark, with names like Stripe, PayPal, and Square gaining traction (around 25%). Increasing digitalization and automation in the B2B payment system has increased its demand among business owners for networking and connecting with various suppliers, distributors, and retailers worldwide. The expansion of global trade and the increase in cross-border transactions involving many suppliers, wholesalers, retailers, and businesses are the primary forces propelling the market. Innovations like automating accounts payable, e-invoicing and digitizing payments have facilitated the execution of cashless B2B transactions from remote places. The market is propelled by the increasing adoption of instant payment technology, improvements in commercial cash management systems, and the rise of digital banking services in the corporate sector. The B2B payments market is poised for substantial expansion, driven by the growing demand for digital payment solutions and the benefits they offer in terms of security, efficiency, and access to payment information In 2023, Asia Pacific held a market share of 35% and is the fastest-growing B2B Payments Market. The region boasts large and rapidly growing economies like China, India, and Indonesia which translate to a high volume of B2B transactions and increasing demand for efficient payment solutions. A growing middle class and increasing internet penetration fuel the adoption of digital technologies, including mobile payments and e-commerce, creating a ground for innovative B2B payment solutions. APAC is a centre for fintech innovation, with numerous startups and established players developing cutting-edge B2B payment solutions. Additionally, growing trade, infrastructure challenges, demand for transparency and efficiency, and government initiatives make the region the fastest growing in the B2B Payments Market. 1. In 2023, the share of Bharat Interface for Money app that uses Unified Payments Interface (BHIM UPI) was the highest in India at over 67%.
B2B Payments Market Dynamics
Digital Transformation Reshaping B2B Payments Increased ease in access to the internet and technologies powered by it has encouraged more people to embrace digital transactions. Businesses are increasingly adopting digital payment solutions to streamline their payment processes, reduce manual tasks, and improve efficiency. The shift from traditional paper-based payment methods to digital platforms and solutions is driving the market growth. Major card networks like Visa and MasterCard have invested in their own B2B payment hubs and there has been major investment in B2B payments made by venture capital and private equity funds. Digital payments offer unparalleled efficiency, and speed in the B2B payment process and can easily facilitate international payments and financial transfers for enterprises, regardless of their location. The growth of the fintech sector has introduced innovative payment solutions, such as digital wallets, block-chain-based payments, and peer-to-peer platforms that have contributed to the diversification of B2B digital payment options. Businesses can examine payment trends, spot early payment discounts, and improve working capital management. Technological advancements such as artificial intelligence (AI), machine learning (ML), and cloud computing are transforming the B2B payments landscape enabling secure and real-time payment processing, enhancing transaction visibility, automating reconciliation, and reducing manual errors. Additionally, the government is taking various initiatives such as Digital India and Immediate Payment Service (IMPS) launched by the Government of India act as catalysts for the adoption of real-time payments. The digital transformation across industries is reshaping the B2B payments market, offering businesses enhanced efficiency, cost savings, and a competitive advantage. 1. PayU, the foremost provider of digital payment solutions in India, unveiled the introduction of its three revolutionary mobile app Software Development Kits (SDKs). These advancements are specifically crafted to meet the demand for smooth payment encounters on mobile gadgets, effectively enhancing transaction success rates by up to 56%.Cybersecurity Challenges and Regulatory Complexities The increasing frequency of cyber threats, including malware, phishing, ransomware attacks, and data breaches, have heightened the risk for B2B digital payments. These threats compromise the integrity of financial transactions and expose sensitive business data. The potential financial losses and reputational damage associated with such breaches can be damaging, making businesses hesitant to fully embrace digital solutions. Fraud and security concerns, such as payment fraud, invoice manipulation, and CEO impersonation, present formidable challenges in the B2B digital payment market. Regulatory compliance and data protection laws, such as GDPR and PCI DSS, further compound the complexities, necessitating secure and compliant payment processes. Evolving regulations around financial transactions and data security have prompted businesses to integrate features into B2B digital payment platforms that facilitate adherence to the regulations. The shortage of cybersecurity talent and the increasing complexity of cyber threats further underscore the urgency for robust cybersecurity measures in the B2B payments ecosystem. The integration of advanced fraud detection technologies and the adoption of a multi-layered approach to combat fraud are essential to safeguard B2B transactions effectively.
1.According to MMR, cybercrime costs grow by 15% per year, reaching almost USD 8 Trillion globally in 2023 and about USD 13 Trillion annually by 2030.
B2B Payments Market Segment Analysis
Based on Transaction Type, the Domestic Payment segment held the largest market share of about 63% in the global B2B Payments market in 2023. According to MMR analysis, the segment is further expected to grow at a CAGR of 9.42% during the forecast period and stand out as the dominant segment within the B2B Payments Market. The segment is characterized by a high volume of payments, often involving businesses paying their local suppliers, employees, and service providers. Businesses are increasingly adopting payment solutions such as Fundbox Pay, PayPal, Square, QuickBooks, and Plastic to facilitate their payment processes and operations. Domestic payments are preferred for their simplicity and familiarity, as they typically adhere to the national banking and payment infrastructure. Domestic transactions require lower processing fees and utilize established infrastructure and regulations, streamlining the processing and reducing complexity. The majority of transactions occur between small and medium-sized businesses that prioritize efficiency and cost-effectiveness in their domestic payment processes, leading to increased adoption of digital payment methods and automated solutions for seamless, error-free transactions. The increasing numbers of small and medium-sized enterprises in countries like China and India make the segment dominant.1.MMR analysis, at the start of Q4 2023, 5.30 billion people globally (equivalent to 65.7% of the world’s total population) were using the internet, and around 84% of the mobile phones in use were smartphones. Additionally, the Cross-Border Payment Segment held a market share of about 37% and is expected to grow at a significant CAGR of XX% during the forecast period. Cross-border payment is an economic transaction that allows consumers, corporations, banks, or other settlement organizations to make payments in at least two countries. The growing financial security of international payments, the availability of multicurrency conversion technologies, and the lack of severe rules for cross-border goods sales are driving the market. The major players operating in the B2B payments market include TransferWise Ltd., JPMorgan & Chase, American Express, Stripe, Paystand Inc., Payoneer Inc., Square, Inc., PayPal Holdings, Inc., Visa Inc., and Mastercard. The rise in international trade, E-commerce, and import and export of goods and services continues the market growth.
B2B Payments Market Regional Analysis
North America dominated the Global B2B Payments Market with the highest share of over 40% in 2023. The region is expected to grow at a CAGR of 9.42% during the forecast period and maintain its dominance. North America boasts a well-developed financial infrastructure with established payment networks, robust clearing and settlement systems, and widespread adoption of electronic payments and facilitates smooth and efficient B2B transactions. The early adoption of new technologies by businesses and consumers translates into higher acceptance of digital payment solutions in the region. North America is home to several leading players in the B2B payments space, including Mastercard, Visa, PayPal, Stripe, and Square which invest heavily in innovation and drive development within the market. Additionally, North America has established regulations and standards for electronic payments, which foster trust and security for businesses conducting B2B transactions encouraging its broader adoption. High Internet penetration, smartphone adoption, innovation, and entrepreneurship support the development and growth of the digital B2B payments market.Europe held a market share of about 20% in 2023 and is significantly growing with a CAGR of XX% during its forecast period. European businesses are increasingly recognizing the benefits of digitalization, including faster transactions, improved efficiency, and better transparency driving the growth of the region. Some European countries still rely on traditional payment infrastructure, which can hinder the adoption of newer technologies and solutions. Europe offers a promising position for the B2B payments market with its large market size, increasing demand for digitalization, and strong regulatory environment for significant growth in the sector. B2B Payments Market Competitive Landscapes The B2B payments market is highly competitive, with many players including AvidXchange, Expensify, Payoneer, Bill.com, Billtrust, FLEETCOR, WEX, Visa, Mastercard, Fortis, Jack Henry, Mondu, Tillit, Billie, Tranch, Infinicept, Todd Ablowitz, Greg Cohen, Paylocity, small businesses, trade finance industry, SaaS and service providers, retailers, restaurants, and BNPL startups. The companies are focusing on partnerships and mergers and acquisitions (M&As) to enhance their market position and meet the evolving environmental standards. The market is dominated by widespread manual processes and paper-based payments, making B2B a major opportunity for payment digitization. Mastercard launched "Click to Pay" in 2023, simplifying online checkout experiences for B2B buyers. 1. In 2023, Fiserv and Stripe announced a partnership, enabling joint product development and deeper reach in the B2B space. 2. In 2023, Flywire Corporation, a global payments enablement and software company, announced a partnership with FranCOnnect, the market leader in franchise management technology, to streamline the payment experience for franchisors seeking to expand their businesses domestically and abroad. 3. Visa Inc. announced its collaboration with Swift to streamline international business-to-business (B2B) payments by enhancing connectivity between their networks that move trillions in value globally in 2023. 4. In 2023, Citigroup Inc. announced its collaboration with Hokodo to deliver a best-in-class and frictionless B2B Buy Now, Pay Later (BNPL) solution that enables large global businesses to offer trade credit on e-commerce platforms and marketplaces.
B2B Payments Market Scope: Inquire before buying
Global B2B Payments Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 1603.32 Bn. Forecast Period 2024 to 2030 CAGR: 9.42% Market Size in 2030: US $ 3010.91 Bn. Segments Covered: by Transaction Type Domestic Cross Border by Enterprise Size Large enterprise Medium Sized Enterprise Small Sized Enterprise by Payment Method Bank Transfer Cards by Industry Vertical Manufacturing IT & Telecommunication Metals & Mining Energy & Utilities BSFI Government B2B Payments Market, by Region
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina, and the Rest of South America)B2B Payments Market Key Players
1. American Express Company 2. Bank of America Corporation 3. Capital One 4. Citigroup Inc. 5. JPMorgan Chase & Co. 6. Mastercard Inc. 7. Payoneer Inc. 8. PayPal Holdings Inc. 9. Paystand Inc. 10. Stripe Inc. 11. Visa Inc. 12. Wise Payments Limited 13. Google LLC 14. ACI Worldline 15. Apple Inc 16. Fiserv Inc 17. Global Payments Inc 18. Square 19. Adyen 20. Bill.com 21. Coupa 22. SAP Ariba 23. Bank of America Merrill Lynch 24. Wells Fargo 25. Intuit QuickBooks 26. Infor 27. FIS (Fidelity National Information Services) 28. Bottomline Technologies 29.Citi Treasury and Trade Solutions 30. Payoneer 31. NetSuite (Oracle NetSuite) FAQs: 1. What are the growth drivers for the B2B Payments market? Ans. Digital transformation, enhanced security measures, globalization, and the need for efficient methods are the drivers of the Global B2B Payments Market. 2. What are the major challenges for the B2B Payments market growth? Ans. Cybersecurity threats and regulatory complexities are the major challenges for the B2B Payments Market. 3. Which region is the fastest-growing region in the global B2B Payments market during the forecast period? Ans. Asia Pacific is the fastest-growing region in the global B2B Payments market during the forecast period. 4. What is the projected market size & and growth rate of the B2B Payments Market? Ans. The B2B Payments Market size was valued at USD 1603.32 Billion in 2023 and the total B2B Payments revenue is expected to grow at a CAGR of 9.42% from 2024 to 2030, reaching nearly USD 3010.91 Billion by 2030. 5. What segments are covered in the B2B Payments Market report? Ans. The segments covered in the B2B Payments market report are transaction type, enterprise size, payment method, payment mode, industry vertical, and region.
1. B2B Payments Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. B2B Payments Market: Dynamics 2.1. B2B Payments Market Trends by Region 2.1.1. North America B2B Payments Market Trends 2.1.2. Europe B2B Payments Market Trends 2.1.3. Asia Pacific B2B Payments Market Trends 2.1.4. Middle East and Africa B2B Payments Market Trends 2.1.5. South America B2B Payments Market Trends 2.2. B2B Payments Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America B2B Payments Market Drivers 2.2.1.2. North America B2B Payments Market Restraints 2.2.1.3. North America B2B Payments Market Opportunities 2.2.1.4. North America B2B Payments Market Challenges 2.2.2. Europe 2.2.2.1. Europe B2B Payments Market Drivers 2.2.2.2. Europe B2B Payments Market Restraints 2.2.2.3. Europe B2B Payments Market Opportunities 2.2.2.4. Europe B2B Payments Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific B2B Payments Market Drivers 2.2.3.2. Asia Pacific B2B Payments Market Restraints 2.2.3.3. Asia Pacific B2B Payments Market Opportunities 2.2.3.4. Asia Pacific B2B Payments Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa B2B Payments Market Drivers 2.2.4.2. Middle East and Africa B2B Payments Market Restraints 2.2.4.3. Middle East and Africa B2B Payments Market Opportunities 2.2.4.4. Middle East and Africa B2B Payments Market Challenges 2.2.5. South America 2.2.5.1. South America B2B Payments Market Drivers 2.2.5.2. South America B2B Payments Market Restraints 2.2.5.3. South America B2B Payments Market Opportunities 2.2.5.4. South America B2B Payments Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For B2B Payments Industry 2.8. Analysis of Government Schemes and Initiatives For B2B Payments Industry 2.9. B2B Payments Market Trade Analysis 2.10. The Global Pandemic Impact on B2B Payments Market 3. B2B Payments Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 3.1.1. Domestic 3.1.2. Cross Border 3.2. B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 3.2.1. Large enterprise 3.2.2. Medium Sized Enterprise 3.2.3. Small Sized Enterprise 3.3. B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 3.3.1. Bank Transfer 3.3.2. Cards 3.4. B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 3.4.1. Manufacturing 3.4.2. IT & Telecommunication 3.4.3. Metals & Mining 3.4.4. Energy & Utilities 3.4.5. BSFI 3.4.6. Government 3.5. B2B Payments Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America B2B Payments Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 4.1.1. Domestic 4.1.2. Cross Border 4.2. North America B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 4.2.1. Large enterprise 4.2.2. Medium Sized Enterprise 4.2.3. Small Sized Enterprise 4.3. North America B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 4.3.1. Bank Transfer 4.3.2. Cards 4.4. North America B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 4.4.1. Manufacturing 4.4.2. IT & Telecommunication 4.4.3. Metals & Mining 4.4.4. Energy & Utilities 4.4.5. BSFI 4.4.6. Government 4.5. North America B2B Payments Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 4.5.1.1.1. Domestic 4.5.1.1.2. Cross Border 4.5.1.2. United States B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 4.5.1.2.1. Large enterprise 4.5.1.2.2. Medium Sized Enterprise 4.5.1.2.3. Small Sized Enterprise 4.5.1.3. United States B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 4.5.1.3.1. Bank Transfer 4.5.1.3.2. Cards 4.5.1.4. United States B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 4.5.1.4.1. Manufacturing 4.5.1.4.2. IT & Telecommunication 4.5.1.4.3. Metals & Mining 4.5.1.4.4. Energy & Utilities 4.5.1.4.5. BSFI 4.5.1.4.6. Government 4.5.2. Canada 4.5.2.1. Canada B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 4.5.2.1.1. Domestic 4.5.2.1.2. Cross Border 4.5.2.2. Canada B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 4.5.2.2.1. Large enterprise 4.5.2.2.2. Medium Sized Enterprise 4.5.2.2.3. Small Sized Enterprise 4.5.2.3. Canada B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 4.5.2.3.1. Bank Transfer 4.5.2.3.2. Cards 4.5.2.4. Canada B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 4.5.2.4.1. Manufacturing 4.5.2.4.2. IT & Telecommunication 4.5.2.4.3. Metals & Mining 4.5.2.4.4. Energy & Utilities 4.5.2.4.5. BSFI 4.5.2.4.6. Government 4.5.3. Mexico 4.5.3.1. Mexico B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 4.5.3.1.1. Domestic 4.5.3.1.2. Cross Border 4.5.3.2. Mexico B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 4.5.3.2.1. Large enterprise 4.5.3.2.2. Medium Sized Enterprise 4.5.3.2.3. Small Sized Enterprise 4.5.3.3. Mexico B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 4.5.3.3.1. Bank Transfer 4.5.3.3.2. Cards 4.5.3.4. Mexico B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 4.5.3.4.1. Manufacturing 4.5.3.4.2. IT & Telecommunication 4.5.3.4.3. Metals & Mining 4.5.3.4.4. Energy & Utilities 4.5.3.4.5. BSFI 4.5.3.4.6. Government 5. Europe B2B Payments Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.2. Europe B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.3. Europe B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.4. Europe B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5. Europe B2B Payments Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.1.2. United Kingdom B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.1.3. United Kingdom B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.1.4. United Kingdom B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.2. France 5.5.2.1. France B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.2.2. France B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.2.3. France B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.2.4. France B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.3. Germany 5.5.3.1. Germany B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.3.2. Germany B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.3.3. Germany B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.3.4. Germany B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.4. Italy 5.5.4.1. Italy B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.4.2. Italy B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.4.3. Italy B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.4.4. Italy B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.5. Spain 5.5.5.1. Spain B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.5.2. Spain B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.5.3. Spain B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.5.4. Spain B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.6.2. Sweden B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.6.3. Sweden B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.6.4. Sweden B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.7. Austria 5.5.7.1. Austria B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.7.2. Austria B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.7.3. Austria B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.7.4. Austria B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 5.5.8.2. Rest of Europe B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 5.5.8.3. Rest of Europe B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 5.5.8.4. Rest of Europe B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6. Asia Pacific B2B Payments Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.2. Asia Pacific B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.3. Asia Pacific B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.4. Asia Pacific B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5. Asia Pacific B2B Payments Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.1.2. China B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.1.3. China B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.1.4. China B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.2.2. S Korea B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.2.3. S Korea B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.2.4. S Korea B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.3. Japan 6.5.3.1. Japan B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.3.2. Japan B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.3.3. Japan B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.3.4. Japan B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.4. India 6.5.4.1. India B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.4.2. India B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.4.3. India B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.4.4. India B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.5. Australia 6.5.5.1. Australia B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.5.2. Australia B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.5.3. Australia B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.5.4. Australia B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.6.2. Indonesia B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.6.3. Indonesia B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.6.4. Indonesia B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.7.2. Malaysia B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.7.3. Malaysia B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.7.4. Malaysia B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.8.2. Vietnam B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.8.3. Vietnam B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.8.4. Vietnam B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.9.2. Taiwan B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.9.3. Taiwan B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.9.4. Taiwan B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 6.5.10.2. Rest of Asia Pacific B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 6.5.10.3. Rest of Asia Pacific B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 6.5.10.4. Rest of Asia Pacific B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 7. Middle East and Africa B2B Payments Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 7.2. Middle East and Africa B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 7.3. Middle East and Africa B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 7.4. Middle East and Africa B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 7.5. Middle East and Africa B2B Payments Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 7.5.1.2. South Africa B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 7.5.1.3. South Africa B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 7.5.1.4. South Africa B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 7.5.2. GCC 7.5.2.1. GCC B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 7.5.2.2. GCC B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 7.5.2.3. GCC B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 7.5.2.4. GCC B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 7.5.3.2. Nigeria B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 7.5.3.3. Nigeria B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 7.5.3.4. Nigeria B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 7.5.4.2. Rest of ME&A B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 7.5.4.3. Rest of ME&A B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 7.5.4.4. Rest of ME&A B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 8. South America B2B Payments Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 8.2. South America B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 8.3. South America B2B Payments Market Size and Forecast, by Payment Method(2023-2030) 8.4. South America B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 8.5. South America B2B Payments Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 8.5.1.2. Brazil B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 8.5.1.3. Brazil B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 8.5.1.4. Brazil B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 8.5.2.2. Argentina B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 8.5.2.3. Argentina B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 8.5.2.4. Argentina B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America B2B Payments Market Size and Forecast, by Transaction Type (2023-2030) 8.5.3.2. Rest Of South America B2B Payments Market Size and Forecast, by Enterprise Size (2023-2030) 8.5.3.3. Rest Of South America B2B Payments Market Size and Forecast, by Payment Method (2023-2030) 8.5.3.4. Rest Of South America B2B Payments Market Size and Forecast, by Industry Vertical (2023-2030) 9. Global B2B Payments Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading B2B Payments Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. American Express Company 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Bank of America Corporation 10.3. Capital One 10.4. Citigroup Inc. 10.5. JPMorgan Chase & Co. 10.6. Mastercard Inc. 10.7. Payoneer Inc. 10.8. PayPal Holdings Inc. 10.9. Paystand Inc. 10.10. Stripe Inc. 10.11. Visa Inc. 10.12. Wise Payments Limited 10.13. Google LLC 10.14. ACI Worldline 10.15. Apple Inc 10.16. Fiserv Inc 10.17. Global Payments Inc 10.18. Square 10.19. Adyen 10.20. Bill.com 10.21. Coupa 10.22. SAP Ariba 10.23. Bank of America Merrill Lynch 10.24. Wells Fargo 10.25. Intuit QuickBooks 10.26. Infor 10.27. FIS (Fidelity National Information Services) 10.28. Bottomline Technologies 10.29. Citi Treasury and Trade Solutions 10.30. Payoneer 10.31. NetSuite (Oracle NetSuite) 11. Key Findings 12. Industry Recommendations 13. B2B Payments Market: Research Methodology 14. Terms and Glossary