The Business-to-Consumer (B2C) Payment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Business-to-Consumer (B2C) Payment market has seen robust growth in recent years. In 2024, the market was valued at $2005.58 billion and is projected to increase to $2306.41 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 15.0%.
The Business-to-Consumer (B2C) Payment market is anticipated to expand to a size of $3998.86 billion by 2029. It is also projected to grow at a compound annual growth rate (CAGR) of 14.7% during this projection period.
Download Your Free Sample of the 2025 Business-to-Consumer (B2C) Payment Market Report and Uncover Key Trends Now!The drivers in the business-to-consumer (b2c) payment market are:
• Rising adoption of smartphones
• Consumer preference for convenience
• Supportive regulatory framework
• Security improvements and expansion of financial services.
The business-to-consumer (B2C) payment market covered in this report is segmented –
1) By Type: Cards, Digital Wallet, Other Types
2) By Technology: Near Field Communication (NFC), Direct Mobile Billing, Mobile Web Payment, Short Message Service (SMS), Interactive Voice Response System, Mobile App, Other Technologies
3) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), Healthcare, Hospitality And Tourism, Transportation and Logistics, Retail And E-commerce, Energy And Utilities, Other Industry Verticals
The trends in the business-to-consumer (b2c) payment market are:
• Enhanced security measures are an emerging trend in the B2C payment market.
• Integration of technologies like AI and blockchain and the use of cryptocurrencies are shaping the market's future.
• The rise of contactless payments is a significant trend.
• The adoption of mobile wallets for payments is becoming increasingly popular.
The major players in the business-to-consumer (b2c) payment market are:
• Bank of America Corporation
• American Express Company
• Capital One Financial Corporation
• Visa Inc
North America was the largest region in the business-to-consumer (B2C) payment market in 2023