openPR Logo
Press release

B2B Payments Market Report 2023 | Top Companies Growth, Outlook and Forecast 2028

09-28-2023 09:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

B2B Payments Market Report 2023

B2B Payments Market Report 2023

How Big is the B2B Payments Market?

The global B2B payments market size reached US$ 1,025.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,682.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

What are B2B Payments?

Business-to-business (B2B) payments involve the exchange of money between two businesses for the purchase of goods and services. They allow businesses to procure essential supplies, pay vendors, and manage cash flow effectively. They foster trust and reliability in business relationships, leading to long-term partnerships and growth opportunities. They enhance operational efficiency by reducing the reliance on manual payment processing, resulting in cost savings and minimizing errors. They are employed to settle utility bills and manage supplier relationships.

Request a PDF Sample for more detailed market insights: https://www.imarcgroup.com/b2b-payments-market/requestsample

What are the growth prospects and trends in the b2b payments industry?

The increasing reliance on electronic payment methods, such as electronic funds transfers (EFTs), virtual credit cards, and mobile payment apps, to streamline the financial operations of businesses is offering a favorable market outlook. Besides this, rising advancements in financial technology (fintech) services are offering more streamlined, user-friendly, and cost-effective B2B payment solutions.

Moreover, the increasing utilization of cryptocurrencies and smart contracts in B2B payments to secure transaction records and reduce fraud and disputes is impelling market growth. In addition, the growing integration of application programming interfaces (APIs) is simplifying the connectivity between various financial systems and B2B payment platforms.

Furthermore, the rising utilization of data analytics tools among businesses to optimize their payment strategies, mitigate risks, and identify opportunities for cost savings is positively influencing the market.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/b2b-payments-market

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Payment Type:
• Domestic Payments
• Cross-Border Payments

Breakup by Payment Mode:
• Traditional
• Digital

Breakup by Enterprise Size:
• Large Enterprises
• Small and Medium-sized Enterprises

Breakup by Industry Vertical:
• BFSI
• Manufacturing
• IT and Telecom
• Metals and Mining
• Energy and Utilities
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Some of the Top Key players in the B2B Payments Market

American Express Company
Bank of America Corporation
Capital One
Citigroup Inc.
JPMorgan Chase & Co.
Mastercard Inc.
Payoneer Inc.
PayPal Holdings Inc.
Paystand Inc.
Stripe Inc.
Visa Inc.
Wise Payments Limited.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Other Reports:

https://www.japanmarketresearch.jp/cloud-kitchen-market/

https://www.japanmarketresearch.jp/smart-diaper-market/

https://ae.linkedin.com/pulse/%25D8%25B3%25D9%2588%25D9%2582-%25D8%25A7%25D9%2584%25D9%2587%25D9%2586%25D8%25AF%25D8%25B3%25D8%25A9-%25D9%2588%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B4%25D9%258A%25D9%258A%25D8%25AF-%25D9%2584%25D8%25B5%25D9%2586%25D8%25A7%25D8%25B9%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2586%25D9%2581%25D8%25B7-%25D9%2588%25D8%25A7%25D9%2584%25D8%25BA%25D8%25A7%25D8%25B2-2023-%25D8%25A7%25D9%2584%25D8%25AD%25D8%25AC%25D9%2585-%25D9%2586%25D8%25B8%25D8%25B1%25D8%25A9-vik-chauhan/

https://www.linkedin.com/pulse/smart-city-platform-market-size-2023-2028-share-trends-vik-chauhan/

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

About us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release B2B Payments Market Report 2023 | Top Companies Growth, Outlook and Forecast 2028 here

News-ID: 3228585 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for B2B

B2B Telecommunication Market Report 2024 - B2B Telecommunication Market Size, Tr …
"The Business Research Company recently released a comprehensive report on the Global B2B Telecommunication Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Global B2B Emails: Premier Destination for Verified B2B Emails and Lead Generati …
Discover how GlobalB2BEmails.com is revolutionizing B2B email acquisition for modern businesses. With a focus on simplicity, affordability, and user satisfaction, GlobalB2BEmails.com empowers businesses to reach their target audience effectively. Experience seamless access to verified B2B emails and unlock new opportunities for growth and success with GlobalB2BEmails.com. In the digital age, where marketing plays a pivotal role in driving business growth, access to verified B2B emails is essential for success. Amidst the
B2B Marketplace
All set to redefine India's growing e-commerce sector, DIAL42 is making its way into the B2B marketplace by providing services in four major domains: Transport and Logistics, B2B e-commerce and services, Medical services, and Foods & Beverages. We provide a highly integrated platform which brings together the country's leading manufacturers, suppliers, wholesalers, dealers and retailers for SMEs, MSMEs, and large-scale businesses. Based in Gurugram, Haryana, DIAL42 is dedicated to simplifying
Best B2B Service Providers in United States | United States B2B Market Research …
The market research is a proficient process of gathering information linked to the industry, market trends, customer behaviour, demographics and numerous other relevant information of the marketer’s product and services. Market research is an essential for the important of any business: new and existing. Through the market research you get a thorough understanding of your competition and industry. That’s the reason Ken Research convey you with an extreme market research
Best B2B Service Providers in Thailand, Thailand B2B Market Research Reports - K …
Thailand has made the remarkable progress in the social and economic improvement, shifting from a low-income to an upper middle-income region in less than a generation. As such, Thailand has been a broadly cited improvement accomplish story, with sustained robust growth and impressive poverty deduction. In addition, Thailand is renowned for its universal health care program (UHC) and accomplishment in the child nutrition, but quality of education remains a feeble
B2B Data Exchange Market Is Booming Worldwide | Informatica, EIX Systems, Adepti …
HTF MI recently introduced Global B2B Data Exchange Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Informatica, EIX Systems, Adeptia, Inc., B2B Commerce (M) Sdn. Bhd.