B2B PAYMENTS TRANSACTION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
B2B Payments Transaction Market, By Payment Type (Domestic Payments and Cross Border Payments), By Payment Method (Bank Transfer , Cards , and Online Payments), By Enterprise Type (Small & Medium Enterprises and Large Enterprises), By Industry (Government , Manufacturing , BFSI , Metal & Mining , IT & Telecom , Retail & E-commerce , and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
In October 2023, Visa Inc. partnered with Swift to simplify international business-to-business (B2B) payments and enhance communication among global businesses
In September 2023, Sprinque, a payment service provider from the Netherlands, expanded into Germany and Spain to capture the European market by broadening its portfolio of cross-border B2B payment platforms
In July 2023, ConnexPay, a payment technology firm facilitating payments, introduced innovative real-time B2B payment solutions in Europe, supporting transactions in British Pounds (GBP) and Euros (EUR)
In June 2023, Aria, a France-based FinTech company, inaugurated a new office in the U.K. to expand its B2B Deferred Payment Infrastructure. This move aims to boost online B2B commerce, enhances connectivity for marketplaces, and improves trading SaaS platforms and ERP systems.
In October 2021, Kyodai Remittance, a Japan-based fund transfer business, collaborated with Western Union to launch cross-border B2B payment transfer solutions for corporate clients in Japan
In July 2023, Grovara, an exports and imports wholesale marketplace, entered into a partnership with TransferMate to increase the speed of cross-border payments on the first B2B online marketplace to receive frictionless payments from customers.