The B2B Payments Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the B2B payments sector has experienced a robust increase recently. The market will expand from its $1233.91 billion worth in 2024, to reach $1348.12 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.3%.
By 2029, the B2B payments market is projected to reach $1992.42 billion, growing at a compound annual growth rate (CAGR) of 10.3%.
Download Your Free Sample of the 2025 B2B Payments Market Report and Uncover Key Trends Now!The key drivers in the b2b payments market are:
• Continued increase in global trade activities
• Rising focus on optimizing working capital
• Growing popularity of subscription-based services
• Increased integration of payment systems with Enterprise Resource Planning (ERP) systems and enhanced data security measures.
The B2B payments market covered in this report is segmented –
1) By Payment Type: Domestic Payments, Cross-Border Payments
2) By Payment Mode: Bank Transfer, Cards, Other Payment Modes
3) By Enterprise Size: Large Enterprises, Medium-Sized Enterprises, Small-Sized Enterprises
4) By Industry Vertical: Manufacturing, IT And Telecom, Metals And Mining, Energy And Utilities, Banking, Financial Services And Insurance, Government Sector, Other Industry Vertical
The key trends in the b2b payments market are:
• Customization of payment solutions for specific industries is an emerging trend.
• The shift towards contactless and mobile payments is increasingly shaping the future of B2B payments.
• There is an increasing trend towards better supplier and buyer collaboration platforms.
• The integration of payment analytics for decision-making is becoming a significant trend.
Major companies in the b2b payments market are:
• JPMorgan Chase & Co.
• Bank of America Corporation
• Citigroup Inc.
• American Express Company
• Capital One Financial Corporation
• Visa Inc.
• PayPal Holdings Inc.
• Mastercard Inc.
• Fiserv Inc.
• Block Inc.
• Square Inc.
• Fidelity National Information Services Inc.
• Stripe Inc.
• Global Payments Inc.
• Ant Group Co.
• Worldpay Inc.
• Fleetcor Technologies Inc.
• Comdata Inc.
• WEX Inc.
• ACI Worldwide Inc.
• Adyen N.V.
• Bill.com Inc.
• TransferWise Ltd.
• Coupa Software Inc.
• Wise Payments Limited
• Payoneer Global Inc.
• Bottomline Technologies Inc.
• Flywire Corporation
• Paystand Inc.
• AvidXchange Inc.
• Divvy Inc.
• Tipalti Inc.
• Airwallex
• WePay Inc.
• Billtrust Holdings Inc.
Asia-Pacific was the largest region in the B2B payments market in 2024