Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the B2B Digital Payment Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The b2b digital payment market size has grown rapidly in recent years. It will grow from $5.1 billion in 2024 to $5.84 billion in 2025 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to internet expansion, electronic data interchange (EDI), enterprise resource planning (ERP) systems, payment gateways, virtual payment cards.
The B2B digital payment market is projected to reach $10.25 billion in 2029, with a compound annual growth rate (CAGR) of 15.1%.
Download the Free Sample Now:The key drivers in the b2b digital payment market are:
• Accelerated growth of e-commerce activities globally
• Enhanced efficiency and convenience offered by B2B digital payments in e-commerce
• Increased security measures and cost-effectiveness provided by B2B digital payments
• Greater focus on streamlining operations and financial processes through B2B digital payments
The b2b digital paymentmarket covered in this report is segmented –
1) By Type: Digital Commerce, Digital Remittances, Mobiles POS Payments
2) By Offering: Solution, Services
3) By Payment Mode: Digital Wallet, Debit Or Credit Card, Other Payment Modes
4) By End User: Banks Financial Institutions And Insurance(BFSI), Transportation And Logistics, Information Technology And Telecommunications, Healthcare, Retail, Travel And Hospitality, E-Commerce, Other End Users
The key trends in the b2b digital payment market are:
• The development of innovative products and platforms such as NeuX signifies a trend towards more specialized offerings in the digital B2B payment market.
• The rise of neo-banking platforms reflects a move away from traditional banking, setting a trend in the digital market.
• The emphasis on tailored banking and payment management solutions suggests a shift towards customization in the B2B digital payments industry.
• The focus on comprehensive solutions with large transaction capacities indicates a trend towards multifunctional platforms in the industry.
Major players in the b2b digital payment market are:
• Visa International Inc.
• Stripe Payments Inc.
• Mastercard Corporation
• Fiserv Technologies Inc.
• Fidelity National Information Services Corporation
• Adyen Solutions N.V.
• BharatPe Payments Technologies Ltd.
• PayPal Holdings Inc.
• Global Payments Corporation
• Paytm Mobile Solutions Pvt. Ltd.
• Coupa Software Solutions Inc.
• Payoneer Solutions Inc.
• Ripple Labs Inc.
• HighRadius Systems Group
• Razorpay Innovations Co.
• Juspay Financial Technologies Inc.
• FLEETCOR Technologies Corporation
• Stax Payments Corporation
• Dwolla Technologies Inc.
• Billtrust Corporation
• Helcim Solutions Inc.
• Ramp Technologies Inc.
• Optal Technologies Limited
• MatchMove Solutions Inc.
• EBANX Global Ventures LLC
• Payset Technologies LLC
• Rapyd Financial Services Ltd.
• Earthport Global PLC
• Nvoicepay Solutions Inc.
• Terraform Labs Inc.
Asia-Pacific was the largest region in the B2B digital payment market in 2024