B2B Payment Transaction Market Size- By Payment Type, By Payment Method, By Industry Vertical, By Enterprise Size- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

B2B Payment Transaction Market Size- By Payment Type, By Payment Method, By Industry Vertical, By Enterprise Size- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

B2B Payment Transaction Market Introduction and Overview

According to SPER Market Research, ‘B2B Payment Transaction Market Size- By Payment Type, By Payment Method, By Industry Vertical, By Enterprise Size- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global B2B Payment Transaction Market is estimated to reach USD 3653.05 billion by 2033 with a CAGR of 9.96%.

B2B payments, or business-to-business payments, are developing swiftly as a result of technological advancements and changing corporate needs that prioritise efficiency, effectiveness, and speed. When two commercial entities exchange currencies for goods and services provided through supply chain operations, this process is known as business-to-business (B2B) processing.

The COVID-19 pandemic resulted in lockdowns in numerous industries and necessitated significant operational changes for businesses. Many businesses have experienced losses and disruptions as a result of government restrictions on the movement of goods, transportation, import and export bans, travel restrictions, cancellations of events, and other restrictions. B2B payments have also been hindered by low demand for goods and services, an inconsistent supply chain, and the company’s failure as a result of these variations in corporate operations.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Payment Type, By Payment Method, By Industry Vertical, By Enterprise Size

Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered

American Express, Bank of America Corporation, Capital One, Mastercard, Payoneer Inc., PayPal Holdings Inc., Square Inc., Stripe TransferWise Ltd., Visa Inc., and others.

Global B2B Payment Transaction Market Segmentation:

By Payment Type: Based on the Payment Type, Global B2B Payment Transaction Market is segmented as; Domestic Payments, Cross-Border Payments.

By Payment Method: Based on the Payment Method, Global B2B Payment Transaction Market is segmented as; ACH, Wire, Cheque, Cash, Demand Draft, Credit Card.

By Industry Vertical: Based on the Industry Vertical, Global B2B Payment Transaction Market is segmented as; Manufacturing, IT and Telecom, Metals and Mining, Energy and Utilities, BFSI.

By Enterprise Size: Based on the Enterprise Size, Global B2B Payment Transaction Market is segmented as; Large Enterprise, Medium-sized Enterprise, Small-sized Enterprise.