How big is the B2B payment Market | Fintech Insights & Forecast

Q: What is the size of the B2B payment Market?

The B2B Payment market was valued at approximately USD 1,130 billion in 2024 and is projected to surpass a valuation of USD 1,670 billion by 2031.

Q: What is the growth rate of the B2B payment Market size?

The B2B payment market is growing at a CAGR of around 5.7%.

Q: What factors drive the overall growth of the B2B payment market?

The growth of this market is fuelled by digitalization, real-time settlement, and fraud prevention.

Q: What are the major challenges in the B2B payment market?

Integration with legacy banking systems are some of the challenges that may hinder its growth.

Q: Which regions are expected to lead in market share?

Asia-Pacific is leading the market share due to fintech adoption.

Q: How Ai is the impacting the B2B payment industry?

Technologies like Blockchain, APIs, and AI in payment automation are supporting this market growth.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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How big is the B2B payment Market | Growth & Market Scope

Code: MTA4716

Publication Date: Jul 2025

How big is the B2B payment Market?

According to 绿帽社 internal database and industry insights, the B2B Payment market was valued at approximately USD 1,130 billion in 2024 and is projected to surpass a valuation of USD 1,670 billion by 2031 at a CAGR of 5.7%.

This growth is driven by the accelerating shift toward digital transaction systems, rising adoption of cloud-based financial technologies, and demand for faster, more transparent cross-border payments. Enterprises are rapidly modernizing their AR/AP operations with real-time data integration and payment automation tools.

Key Growth Factors of the B2B payment Market

Rapid digitization of payable and received accounts
Global trade expansion and rapid disposal requirement
Increase in e-invoicing and ERP-revolved payment solutions
Growth of Fintech providers offering B2B payment platforms
Increasing demand for visibility of fraud conservation and transaction
Government initiative promoting digital financial infrastructure

B2B payment Market Trends

The B2B payment market is expected to experience strong adoption of real-time payment systems, especially for cross-border trade and mid-market enterprises. API-operated payment ecosystems are able to simplify reconciliation with ERP and Treasury platforms, simplifying reconciliation. Buyers and suppliers are moving away from check and manual methods towards automated digital workflows and mobile-based B2B payment apps. Embedded finance offer platforms and now buy B2B transactions later (BNPL). The Asia-Pacific and Latin America are looking for an increased penetration in emerging markets because businesses seek skilled, scalable payments infrastructure.

Emerging Developments in the B2B payment Market

Recent innovations include blockchain-enabled payment networks for faster, secure multi-currency settlements and AI-powered cash flow forecasting that improves liquidity management. Vendors are introducing virtual cards and programmable payments to enable controlled, trackable disruption. Machine Learning algorithm is being implemented to reduce fraud in challan processing and automate credit scoring for seller financing. Additionally, open banking framework direct bank-to-bank payments are unlocked, which are reducing the fees and delays associated with middlemen. These progressives are helping firms to move from stable, delayed transactions to agile, data-informed financial operations.