The global B2B payments market was valued at USD 1,273.0 billion in 2025 and is forecasted to reach USD 2,274.3 billion by 2034. This growth represents a compound annual growth rate (CAGR) of 6.7% between 2026 and 2034. Key factors contributing to this expansion include the increasing digitization of enterprise transactions and advancements in cross-border payment settlements.
The rise of financial technology (fintech) solutions is playing a significant role in transforming traditional B2B payment processes. These innovations are enabling faster, more secure, and more efficient transactions, supporting the growing demand for seamless global trade and commerce.
**Why this matters**
The evolution of the B2B payments market has important implications for businesses worldwide. Enhanced digital payment systems can reduce transaction costs and processing times, improving overall operational efficiency. Additionally, improved cross-border payment mechanisms facilitate international trade, helping companies expand their global reach and competitiveness.
Source: NewsData