Market Research Report
Global B2B Payment Trends 2018
|Published by||yStats.com GmbH & Co. KG||Product code||725410|
|Published||Content info||62 Pages/Charts
Delivery time: 1-2 business days
|Global B2B Payment Trends 2018|
|Published: October 2, 2018||Content info: 62 Pages/Charts||
"B2B payments increasingly done electronically according to new report from yStats.com
The huge volume of business to business payments presents opportunities for FinTech companies and other technology-based fund transfer platforms to grow their share of the USD trillions in movement. The yStats.com report points out that about 50% of B2B payments worldwide are already done electronically, with further growth in this direction expected in the next five years.
Payment delay in the B2B is a challenge that new technology can help resolve. Though there are regional variations, the yStats.com report cites sources indicating that between a third and a half of B2B payments are past due. Innovations such as artificial intelligence and data analytics hold some hope for greater efficiency in the payment process. Mobile payment in the B2B arena is also on the rise, challenging the current domination of card and check payment.
Asia-Pacific, Europe, North America.
American Express Co. Inc. Ant Financial Services Co Ltd Bottomline Technologies Inc. Coupa Software Inc. FleetCor Technologies Inc. Intuit Inc. JPMorgan Chase & Co MasterCard Inc. SAP SE Shenzhen Tenpay Technology Company Limited Square Inc Visa Inc. WEX Inc. Worldpay Inc.