B2B Money Transfer Market Emerging Trends and to Witness Huge Growth from 2020-2024 | Mastercard, Transpay, TransferTo, Fexco, Optal, Payoneer, EBA

B2B Money Transfer Market 2020 Global Industry research report studies latest B2B Money Transfer industry aspects market size, share, trends, growth, business overview and B2B Money Transfer industry scenario during the forecast period (2020-2024).

Global B2B Money Transfer Market overview:

Business Industry Reports Analyst covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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B2B Money Transfer is payments made between two merchants for goods or services. Paper checks are still the most common way for businesses to pay each other. Digital B2B Money Transfer solutions make it faster to issue, receive, and process payments, all of which can improve a business's cash flow. The Global B2B Money Transfer Market is segmented on the basis of Product Type, Application, End Use Industry and Region.

On the Basis of Product Type segment, the B2B Money Transfer Market is sub segmented into Cross Border. Based on End Use Industry segment, the B2B Money Transfer Market is sub segmented into BFSI, Healthcare, Energy and Power, Travel and Transportation, Retail/Government/Public Sector.

Some of the B2B Money Transfer Market manufacturers involved in the market are VocaLink (Mastercard), Fexco, Optal, Payoneer, EBA (European Banking Authority), Mastercard, Transpay, TransferTo in World; effective mergers are some of the strategies adopted by the B2B Money Transfer Market manufacturers. New product launches and continuous technological innovations are the B2B Money Transfer Market strategies adopted by the major players.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

There are several manufacturers of B2B Money Transfers in Europe and North America. In North America, the demand for B2B Money Transfers is primarily driven by the service sector. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income.

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Top Industry News:

Mastercard Joins Coalition to Support Displaced Workers on 21 April, 2020 -- Mastercard today announced the expansion of its partnership with OnwardUS, a new coalition of governors, technology companies and funding partners working to assist workers who have been furloughed or laid off due to the COVID-19 pandemic. Led by Bitwise Industries and the Kapor Center, OnwardUS is building an online platform that aims to shorten the length of unemployment and mitigate the financial burden for the more than 17 million Americans who have lost their jobs during the crisis.

Leveraging complementary resources from coalition members including several leading technology companies, the website will connect displaced workers to employers that are hiring right now, essential life services and access to retraining and upskilling.

"OnwardUS, developed by Shift3 Technologies, was built to scale to be responsive to the growing needs of American workers who have been impacted by COVID-19," said Jake Soberal, CEO and Co-Founder, Bitwise Industries. "The contributions of Mastercard make the site more impactful and will allow it to serve even more people during this crisis."

Supported by a donation from the Mastercard Center for Inclusive Growth, the platform will also leverage Mastercard's contribution of technology, tools, and the expertise of the network to provide critical resources to families experiencing hardship from the public health crisis. Through our City Possible global network, Mastercard will collaborate with government and social impact partners to identify experts, organizations, and potential funders to increase the efficacy of the platform in each state where the OnwardUS platform is launched.

"As the nation faces staggering challenges, the private sector has a vital role to play in helping Americans achieve financial security by bringing its technology to the table through partnerships like OnwardUS," commented Michael Froman, Vice Chairman and President of Strategic Growth. "Through OnwardUS, we look forward to creating more resilient societies and helping people make the transition back to work."

Launched first in California and Colorado, the program will be offered to all 50 states with plans to deploy to several other jurisdictions in the coming weeks. In just one week since launch in California, the platform has already garnered significant traction with over 113,000 jobs currently available through the platform and over 312,000 users matched with a resource on the website.

"While the US is experiencing unprecedented job losses, there are several sectors that are ramping up and need more workers during and following the pandemic," commented Laura D. Tyson, a Global Economy Fellow at the Mastercard Center for Inclusive Growth and Former Chair of the President's Council of Economic Advisers during the Clinton Administration. "Platforms like OnwardUS can help build the necessary infrastructure to keep workers in the labor force and put the country in a better position for a strong and inclusive economic recovery."

Table of Contents:

1 B2B Money Transfer Product Definition
2 Global B2B Money Transfer Market Manufacturer Share and Market Overview
2.1 Global Manufacturer B2B Money Transfer Shipments
2.2 Global Manufacturer B2B Money Transfer Business Revenue
2.3 Global B2B Money Transfer Market Overview
3 Manufacturer B2B Money Transfer Business Introduction
3.1 VocaLink (Mastercard) B2B Money Transfer Business Introduction
3.1.1 VocaLink (Mastercard) B2B Money Transfer Shipments, Price, Revenue and Gross profit 2020-2024
3.1.2 VocaLink (Mastercard) B2B Money Transfer Business Distribution by Region
3.1.3 VocaLink (Mastercard) Interview Record
3.1.4 VocaLink (Mastercard) B2B Money Transfer Business Profile
3.1.5 VocaLink (Mastercard) B2B Money Transfer Product Specification
3.2 Fexco B2B Money Transfer Business Introduction
3.2.1 Fexco B2B Money Transfer Shipments, Price, Revenue and Gross profit 2020-2024
3.2.2 Fexco B2B Money Transfer Business Distribution by Region
3.2.3 Interview Record
3.2.4 Fexco B2B Money Transfer Business Overview
3.2.5 Fexco B2B Money Transfer Product Specification
3.3 Optal B2B Money Transfer Business Introduction
3.3.1 Optal B2B Money Transfer Shipments, Price, Revenue and Gross profit 2020-2024
3.3.2 Optal B2B Money Transfer Business Distribution by Region
3.3.3 Interview Record
3.3.4 Optal B2B Money Transfer Business Overview
3.3.5 Optal B2B Money Transfer Product Specification
3.4 Payoneer B2B Money Transfer Business Introduction
3.5 EBA (European Banking Authority) B2B Money Transfer Business Introduction
3.6 Mastercard B2B Money Transfer Business Introduction
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