B2B Payments Transaction Market Size, Share, and Trends 2024 to 2034

The global B2B payments transaction market size is calculated at USD 1.73 trillion in 2025 and is forecasted to reach around USD 3.79 trillion by 2034, accelerating at a CAGR of 9.14% from 2025 to 2034. The North America market size surpassed USD 660 billion in 2024 and is expanding at a CAGR of 9.20% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1274
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global B2B Payments Transaction Market, By Payment

7.1. B2B Payments Transaction Market, by Payment Type

7.1.1. Product Offering

7.1.1.1. Market Revenue and Forecast

7.1.2. Cross-Border Payments

7.1.2.1. Market Revenue and Forecast

Chapter 8. Global B2B Payments Transaction Market, By Enterprise Size

8.1. B2B Payments Transaction Market, by Enterprise Size

8.1.1. Large Enterprises

8.1.1.1. Market Revenue and Forecast

8.1.2. Small Enterprises

8.1.2.1. Market Revenue and Forecast

8.1.3. Medium Enterprises

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global B2B Payments Transaction Market, By Payment Mode Type 

9.1. B2B Payments Transaction Market, by Payment Mode Type

9.1.1. Traditional

9.1.1.1. Market Revenue and Forecast

9.1.2. Digital

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global B2B Payments Transaction Market, By Industry Vertical Type 

10.1. B2B Payments Transaction Market, by Industry Vertical Type

10.1.1. BFSI

10.1.1.1. Market Revenue and Forecast

10.1.2. Manufacturing

10.1.2.1. Market Revenue and Forecast

10.1.3. Metals & Mining

10.1.3.1. Market Revenue and Forecast

10.1.4. IT & Telecom

10.1.4.1. Market Revenue and Forecast

10.1.5. Energy & Utilities

10.1.5.1. Market Revenue and Forecast

10.1.6. Others

10.1.6.1. Market Revenue and Forecast

Chapter 11. Global B2B Payments Transaction Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Payment

11.1.2. Market Revenue and Forecast, by Enterprise Size

11.1.3. Market Revenue and Forecast, by Payment Mode Type

11.1.4. Market Revenue and Forecast, by Industry Vertical Type

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Payment

11.1.5.2. Market Revenue and Forecast, by Enterprise Size

11.1.5.3. Market Revenue and Forecast, by Payment Mode Type

11.1.5.4. Market Revenue and Forecast, by Industry Vertical Type

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Payment

11.1.6.2. Market Revenue and Forecast, by Enterprise Size

11.1.6.3. Market Revenue and Forecast, by Payment Mode Type

11.1.6.4. Market Revenue and Forecast, by Industry Vertical Type

11.2. Europe

11.2.1. Market Revenue and Forecast, by Payment

11.2.2. Market Revenue and Forecast, by Enterprise Size

11.2.3. Market Revenue and Forecast, by Payment Mode Type

11.2.4. Market Revenue and Forecast, by Industry Vertical Type

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Payment

11.2.5.2. Market Revenue and Forecast, by Enterprise Size

11.2.5.3. Market Revenue and Forecast, by Payment Mode Type

11.2.5.4. Market Revenue and Forecast, by Industry Vertical Type

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Payment

11.2.6.2. Market Revenue and Forecast, by Enterprise Size

11.2.6.3. Market Revenue and Forecast, by Payment Mode Type

11.2.6.4. Market Revenue and Forecast, by Industry Vertical Type

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Payment

11.2.7.2. Market Revenue and Forecast, by Enterprise Size

11.2.7.3. Market Revenue and Forecast, by Payment Mode Type

11.2.7.4. Market Revenue and Forecast, by Industry Vertical Type

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Payment

11.2.8.2. Market Revenue and Forecast, by Enterprise Size

11.2.8.3. Market Revenue and Forecast, by Payment Mode Type

11.2.8.4. Market Revenue and Forecast, by Industry Vertical Type

11.3. APAC

11.3.1. Market Revenue and Forecast, by Payment

11.3.2. Market Revenue and Forecast, by Enterprise Size

11.3.3. Market Revenue and Forecast, by Payment Mode Type

11.3.4. Market Revenue and Forecast, by Industry Vertical Type

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Payment

11.3.5.2. Market Revenue and Forecast, by Enterprise Size

11.3.5.3. Market Revenue and Forecast, by Payment Mode Type

11.3.5.4. Market Revenue and Forecast, by Industry Vertical Type

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Payment

11.3.6.2. Market Revenue and Forecast, by Enterprise Size

11.3.6.3. Market Revenue and Forecast, by Payment Mode Type

11.3.6.4. Market Revenue and Forecast, by Industry Vertical Type

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Payment

11.3.7.2. Market Revenue and Forecast, by Enterprise Size

11.3.7.3. Market Revenue and Forecast, by Payment Mode Type

11.3.7.4. Market Revenue and Forecast, by Industry Vertical Type

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Payment

11.3.8.2. Market Revenue and Forecast, by Enterprise Size

11.3.8.3. Market Revenue and Forecast, by Payment Mode Type

11.3.8.4. Market Revenue and Forecast, by Industry Vertical Type

11.4. MEA

11.4.1. Market Revenue and Forecast, by Payment

11.4.2. Market Revenue and Forecast, by Enterprise Size

11.4.3. Market Revenue and Forecast, by Payment Mode Type

11.4.4. Market Revenue and Forecast, by Industry Vertical Type

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Payment

11.4.5.2. Market Revenue and Forecast, by Enterprise Size

11.4.5.3. Market Revenue and Forecast, by Payment Mode Type

11.4.5.4. Market Revenue and Forecast, by Industry Vertical Type

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Payment

11.4.6.2. Market Revenue and Forecast, by Enterprise Size

11.4.6.3. Market Revenue and Forecast, by Payment Mode Type

11.4.6.4. Market Revenue and Forecast, by Industry Vertical Type

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Payment

11.4.7.2. Market Revenue and Forecast, by Enterprise Size

11.4.7.3. Market Revenue and Forecast, by Payment Mode Type

11.4.7.4. Market Revenue and Forecast, by Industry Vertical Type

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Payment

11.4.8.2. Market Revenue and Forecast, by Enterprise Size

11.4.8.3. Market Revenue and Forecast, by Payment Mode Type

11.4.8.4. Market Revenue and Forecast, by Industry Vertical Type

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Payment

11.5.2. Market Revenue and Forecast, by Enterprise Size

11.5.3. Market Revenue and Forecast, by Payment Mode Type

11.5.4. Market Revenue and Forecast, by Industry Vertical Type

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Payment

11.5.5.2. Market Revenue and Forecast, by Enterprise Size

11.5.5.3. Market Revenue and Forecast, by Payment Mode Type

11.5.5.4. Market Revenue and Forecast, by Industry Vertical Type

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Payment

11.5.6.2. Market Revenue and Forecast, by Enterprise Size

11.5.6.3. Market Revenue and Forecast, by Payment Mode Type

11.5.6.4. Market Revenue and Forecast, by Industry Vertical Type

Chapter 12. Company Profiles

12.1. American Express

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Bank of America Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Capital One

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Mastercard

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Citigroup Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. TransferWise Ltd.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Payoneer Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. PayPal Holdings Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Square Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Visa Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The B2B payments transaction market size was valued at USD 1.58 trillion in 2024 and is expected to reach over USD 3.79 trillion by 2034.

The B2B payments transaction market is growing at a CAGR of 9.14% from 2025 to 2034.

Growth of the global B2B payments transaction market is mainly driven by rapid expansion of trades across the globe due to an increased import and export of goods & services. Businesses are actively looking for dealing with various countries for their expansion, which boosts the cross-border business transactions. In addition to this, volume of totalB2B payments has seen significant growth in past few years. For instance, it has been assessed that the volume totals of B2B payments is approximately $120 trillion per year worldwide. In addition to this, growth in number of online payment activities along with the government initiatives in developing countries for cashless economy boosts growth of the B2B payments transaction market.

Some of the prominent players operating in the B2B payments transaction market are American Express, Bank of America Corporation, Capital One, Mastercard, Citigroup Inc., TransferWise Ltd., Payoneer Inc., PayPal Holdings Inc., Square Inc., and Visa Inc.

North America dominated the B2B Payments Transaction market and accounted for the largest revenue share of 41.2% in 2020. Growth of the market in this region is mainly driven by availability of advanced infrastructure that helps facilitating the online payment.

The Asia Pacific is projected to witness the fastest growth rate throughout the forecast period.

By Payment Type, in 2024, Domestic Payments dominated the market with around 65% share in terms of revenue of the total market. Growth of this segment is mainly attributed to upsurge in number of small and medium sized enterprises in the countries such as India and China that demand for payment solutions.

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