B2B 결제 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the b2B payments market size is expected to grow from USD 1.42 trillion in 2025 to USD 1.67 trillion in 2026 and is forecast to reach USD 3.43 trillion by 2031 at a 15.48% CAGR over 2026-2031.

This report is Segmented by Payment Type (Domestic Payments, and Cross-Border Payments), Payment Mode (Traditional Mode, and Digital Mode), Enterprise Size (Small and Medium Enterprises (SMEs), and Large Enterprises), End-User Vertical (BFSI, IT and Telecom, Manufacturing, Energy and Utilities, Government and Public Sector, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global B2B Payments Market Trends and Insights

Acceleration Of Real-Time Payment Infrastructure Adoption

Central banks deployed instant-settlement rails at record speed between 2023 and 2025, resetting expectations around payment finality. The United States Federal Reserve's FedNow Service exceeded 900 participating institutions by late 2025. Europe's SEPA Instant scheme handled 14.5 billion transactions in 2024, up 54% year on year. India's Unified Payments Interface processed 13.4 billion monthly transactions by December 2025. These rails compress working-capital cycles, enabling suppliers to receive funds within seconds and buyers to capture early-payment discounts. Payment providers embedding real-time rails into accounts-payable software are positioning as strategic treasury partners rather than commoditized processors.

Surge In B2B Marketplace Platforms Demanding Embedded Payment Capabilities

Vertical software platforms now treat payment facilitation as a core revenue stream. Stripe disclosed that software vendors using its embedded-finance stack processed USD 1 trillion in volume during 2025, with B2B marketplaces the fastest-growing cohort. Freight exchanges, construction portals, and wholesale distribution networks offer escrow, split disbursements, and dynamic discounting directly in workflow, shrinking Days Sales Outstanding for sellers and reducing manual reconciliation for buyers. Embedded finance lowers customer-acquisition costs for payment providers since merchants onboard through the platform relationship. The trend dovetails with composable commerce, where enterprises assemble best-of-breed services via APIs rather than deploying monolithic ERP suites.

Fragmented Global Compliance Slows Cross-Border Flows

Inconsistent anti-money-laundering and know-your-customer rules oblige payment providers to maintain parallel onboarding flows, adding 24-72 hours to processing times and inflating costs. The World Bank calculated average cross-border transfer fees at 6.35% for a USD 200 remittance in 2024, with compliance overhead a major driver. Lack of a global digital-identity framework forces enterprises to resubmit documents when entering new markets. Correspondent-banking chains add further opacity, encouraging fintech challengers to build local clearing-system networks that bypass intermediaries.

Other drivers and restraints analyzed in the detailed report include:

1. Regulatory Push Toward Digital Invoicing And E-VAT In Europe
2. Working-Capital Optimization Initiatives Driving Corporate And Virtual Card Uptake
3. Persistent Payment Fraud And Business Email Compromise Undermines Digital Trust

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Domestic transactions dominated the B2B payments market in 2025 with an 82.89% share, reflecting mature local rails and lower regulatory friction. Cross-border flows, though smaller, are expanding at a 16.52% CAGR as multinational supply chains and B2B marketplaces proliferate. Emerging payment corridors linking India and the United Arab Emirates or Singapore and Thailand have piloted instant settlement using central-bank digital-currency prototypes, cutting settlement from days to seconds. Providers that bundle multi-currency accounts, hedging tools, and local-clearing connectivity stand to capture rising cross-border demand.

Linkages between domestic and international instant networks may narrow pricing differentials over time, pressuring legacy correspondent-banking models. As cross-border rails mature, treasury teams will expect the same data richness and straight-through reconciliation they enjoy domestically. Fintechs offering unified application-programming-interfaces for global coverage are positioning as preferred partners for platform-based commerce, reinforcing structurally higher growth for this segment of the B2B payments market.

Traditional modes such as wires and checks still accounted for 64.78% of the B2B payments market size in 2025, underpinned by perceived bank-level security and entrenched enterprise workflows. Digital rails, encompassing real-time APIs, card networks, and blockchain-based options, are growing at a 17.31% CAGR. Cloud platforms like Bill.com processed USD 280 billion in fiscal-2025 volume, with digital penetration above 70% of client payments.

ISO 20022 messaging standards are enabling richer data fields that automate reconciliation across both legacy and next-generation systems. As software vendors embed payment orchestration, enterprises gain real-time visibility and can automate approval flows, reducing manual touchpoints and fraud exposure. The expanding feature set encourages migration away from batch files, supporting sustained share gains for digital channels within the B2B payments market.

Geography Analysis

North America held 34.27% of 2025 transaction value, supported by FedNow, mature card networks, and deep corporate-treasury expertise. Canada's Real-Time Rail and Mexico's CoDi platform extend instant-payment capability across the continent. Fintech challengers target cross-border United States-Latin America corridors, where compliance costs lift fees above 6%.

Asia-Pacific is projected to be the fastest-growing region at 17.42% CAGR, fueled by India's UPI, China's digital-yuan pilots, and Southeast Asia's mobile-first ecosystems. Government mandates for interoperable real-time networks create a level playing field for local fintechs and global platforms alike.

Europe benefits from SEPA Instant reachability and impending e-VAT mandates, stimulating adoption across Germany, France, and the Netherlands. The United Kingdom's Faster Payments remains a benchmark, enabling fintechs such as Revolut to embed treasury tools. The Middle East and South America invest in central-bank digital-currency pilots, while Africa shows mixed progress, with South Africa's modernization contrasting with mobile-money dominance elsewhere. Collectively, regional policy actions are converging toward instant settlement, reinforcing the long-run expansion of the B2B payments market.

1. Visa Inc.
2. Mastercard Incorporated
3. American Express Company
4. JPMorgan Chase and Co.
5. Fidelity National Information Services, Inc. (FIS Global)
6. Fiserv, Inc.
7. Global Payments Inc.
8. Stripe, Inc.
9. Adyen N.V.
10. Block, Inc. (Square)
11. PayPal Holdings, Inc.
12. Payoneer Global Inc.
13. Flywire Corporation
14. Coupa Software Incorporated
15. Bill.com Holdings Inc.
16. SAP SE
17. Bottomline Technologies, Inc.
18. Airwallex (Hong Kong) Limited
19. Currencycloud Group Limited
20. Wise Plc
21. Rapyd Financial Networks Ltd.
22. Paystand, Inc.
23. Capital One Financial Corporation
24. Bank of America Corporation
25. Traxpay GmbH

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Acceleration of Real-Time Payment Infrastructure Adoption
  • 4.2.2 Surge in B2B Marketplace Platforms Demanding Embedded Payment Capabilities
  • 4.2.3 Regulatory Push Toward Digital Invoicing and e-VAT in Europe
  • 4.2.4 Working-Capital Optimization Initiatives Driving Corporate and Virtual Card Uptake
  • 4.2.5 Tokenized Deposits and Regulated Stablecoins Enabling 24/7 Treasury Settlement
  • 4.2.6 GenAI-Powered Autonomous Payables and Receivables Agents Lowering Back-Office Costs
• 4.3 Market Restraints
  • 4.3.1 Fragmented Global Compliance (FX, AML, KYC) Slows Cross-Border Flows
  • 4.3.2 Persistent Payment Fraud and Business Email Compromise Undermines Digital Trust
  • 4.3.3 ERP Integration Complexity for Mid-Market Enterprises
  • 4.3.4 Interoperability Gaps Between Emerging Tokenized Money Rails and Legacy Systems
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Investment and Funding Analysis
• 4.9 Assessment of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Payment Type
  • 5.1.1 Domestic Payments
  • 5.1.2 Cross-Border Payments
• 5.2 By Payment Mode
  • 5.2.1 Traditional
  • 5.2.2 Digital
• 5.3 By Enterprise Size
  • 5.3.1 Small and Medium Enterprises (SMEs)
  • 5.3.2 Large Enterprises
• 5.4 By End-User Vertical
  • 5.4.1 Banking, Financial Services and Insurance (BFSI)
  • 5.4.2 Information Technology and Telecom
  • 5.4.3 Manufacturing
  • 5.4.4 Energy and Utilities
  • 5.4.5 Government and Public Sector
  • 5.4.6 Other End-User Verticals
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 Germany
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 Rest of Middle East
  • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Visa Inc.
  • 6.4.2 Mastercard Incorporated
  • 6.4.3 American Express Company
  • 6.4.4 JPMorgan Chase and Co.
  • 6.4.5 Fidelity National Information Services, Inc. (FIS Global)
  • 6.4.6 Fiserv, Inc.
  • 6.4.7 Global Payments Inc.
  • 6.4.8 Stripe, Inc.
  • 6.4.9 Adyen N.V.
  • 6.4.10 Block, Inc. (Square)
  • 6.4.11 PayPal Holdings, Inc.
  • 6.4.12 Payoneer Global Inc.
  • 6.4.13 Flywire Corporation
  • 6.4.14 Coupa Software Incorporated
  • 6.4.15 Bill.com Holdings Inc.
  • 6.4.16 SAP SE
  • 6.4.17 Bottomline Technologies, Inc.
  • 6.4.18 Airwallex (Hong Kong) Limited
  • 6.4.19 Currencycloud Group Limited
  • 6.4.20 Wise Plc
  • 6.4.21 Rapyd Financial Networks Ltd.
  • 6.4.22 Paystand, Inc.
  • 6.4.23 Capital One Financial Corporation
  • 6.4.24 Bank of America Corporation
  • 6.4.25 Traxpay GmbH

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment