What is the B2B payments market size?
According to 6Wresearch internal database and industry insights, the
Global B2B payments market was valued at
approximately USD 1,280 billion in 2024 and is projected to surpass a valuation of USD 1,720 billion by 2031, at a CAGR of 7.4%.
This growth is driven by the accelerating shift towards digital payment solutions, increased cross-border trade and the adoption of automated accounts payable and receivable systems. Additionally, the need for faster payment processing and improved transparency is boosting demand for advanced B2B payment platforms.
Key Growth Factors
- Rising adoption of digital payment gateways among SMEs
- Increasing demand for faster and transparent cross-border transactions
- Integration of AI and blockchain for secure payment processing
- Growth in e-invoicing and automated reconciliation tools
- Enhanced fraud detection and compliance features driving trust
- Expansion of B2B e-commerce platforms globally
Market Trends
The B2B payments market is anticipated to witness robust growth between 2025–2031. Key trends include the integration of blockchain technology for real-time settlement, expansion of embedded finance solutions within ERP systems and rising adoption of API-driven payment networks. Moreover, increased digital transformation among mid-sized enterprises, especially in Asia-Pacific and the Middle East, is expected to propel market expansion.
Major Companies
- Payoneer Inc.
- Stripe Inc.
- Visa Inc.
- Mastercard Inc.
- American Express Company
- PayPal Holdings Inc.
B2B payments market (2025-2031): FAQs
The market growth is mainly fueled by the digitalization of business transactions, rising cross-border trade, and growing need for efficient cash flow management.
Manufacturing, retail and wholesale trade sectors are among the top adopters due to high transaction volumes and supply chain complexities.
Technologies like blockchain, AI, and machine learning are streamlining payment processing, enabling fraud detection and ensuring regulatory compliance.
Asia-Pacific and Latin America are projected to see rapid growth due to the rise in B2B e-commerce and increasing penetration of digital payment solutions in developing economies.
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