HTF Market Intelligence Consulting Private Limited

B2B Payments Platform Market to Witness Huge Growth by 2027 : PayPal, Visa, Payoneer

HTF Market Intelligence released a new research report of 150 pages on title 'Global B2B Payments Platform Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027' with detailed analysis, forecast and strategies.

 

Pune, Maharashtra -- (SBWIRE) -- 10/11/2022 -- The study covers key regions that include North America, Europe or Asia and important players such as Worldpay Group plc, American Express, PayPal Holdings Inc., Ant Financial Services, SAP SE, Intuit Inc., Tenpay Technology Company, Bottomline Technologies, Inc., Visa, Coupa Software, TransferTo, FleetCor Technologies, Inc., GoCardless, JPMorgan Chase, Payoneer and Traxpay .

Request a sample report @ https://www.htfmarketreport.com/sample-report/4150984-global-b2b-payments-platform-market

Summary
What is B2B Payments Platform?
B2B payments are payments made between companies for goods or services. Business creates B2B payments options for their invoicing. It gives detail overview of account payables and receivables. Digital B2B payments solutions make it faster to issue, receive, and process payments, all of which can improve a business's cash flow. The increasing investment by venture capital and private equity funds in the space is one of the key drivers of the market. Geographically, North America region is expected to grow with the highest market share over the forecast period followed by Europe and Asia Pacific. Presence of leading market players creates hub for B2B Payments Platform providers and increases B2B operations further impacting on market profitability in better manner.

The market study is broken down by Type (Digital and Traditional) and major geographies with country level break-up.

Market players are focusing on providing B2B Payments Platform with higher quality along with complying customer retention activities to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive payment features to reach a newer consumer base. The market is fragmented owing to the presence of several international and local providers. The high focus on offering cost-effective properties. Besides, the industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market. Analysts at HTF Research estimates that Players from the United States will contribute to the maximum growth of Global B2B Payments Platform market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Worldpay Group plc (United States), American Express (United States), PayPal Holdings Inc. (United States), Ant Financial Services (China), SAP SE (Germany), Intuit Inc. (United States), Tenpay Technology Company (China), Bottomline Technologies, Inc. (United States), Visa (United States), Coupa Software (United States), TransferTo (Singapore), FleetCor Technologies, Inc. (United States), GoCardless (United Kingdom), JPMorgan Chase (United States), Payoneer (United States) and Traxpay (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Zelle (United States), Samsung (South Korea), Square, Inc. (United States), Fexco (Ireland) and Optal (United Kingdom).

Segmentation Overview
HTFMI has segmented the market of Global B2B Payments Platform market by Type, Application and Region.

On the basis of geography, the market of B2B Payments Platform has been segmented into . If we see Market by Business Operation, the sub-segment i.e. Cross Boundary will boost the B2B Payments Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. SMEs will boost the B2B Payments Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Travel & Hospitality will boost the B2B Payments Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Payment Method, the sub-segment i.e. Checks will boost the B2B Payments Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Market Leaders and their expansionary development strategies
September 2021, Global Payments Inc., a leading worldwide provider of payment technology and software solutions has acquired MineralTree. Company has purchased MineralTree's software-as-a-service (SAAS) offerings automate key procurement processes, including invoice capture, coding and approval, and enable virtual cards and integrated payments options. With this acquisition, company is able to offer payment-related offerings like domestic and international acquiring, payroll, data and analytics, access to non-card-based rails and virtual card provisioning.
December 2021, Financial payments provider, Razorpay has launched new software-as-a-service (SaaS) products. The company has introduced Razorpay Magic for merchants and small businesses. It allows shoppers to prefill their information including address and preferred payment options on a merchant's checkout page. It further online merchants increase conversions at checkout pages. With this new launch, company is able to offer wide arrays of payment solutions.

Market Trend
Up surging International Trades and demand for Cross-border Payments

Market Drivers
Rising Investment by Venture Capital and Private Equity Funds in Real-Time Payment Technology
Growing need for Customizable Payment Solutions among the Businesses

Opportunities
Growing Popularity of Digital Payment Solutions has Created Growth Opportunities
Rising Technological Advancements like use of AI and Block chain for Streamline Payable Process

Restraints
Concerns regarding Cybercrime and Virus Threats
Stringent Regulatory Compliance

Challenges
Long-term Fluctuated Impact of Foreign Currency on International and Domestic Trading

Key Target Audience
B2B Payments Platform Providers, E-commerce and Retail Industrialist, Third Party Payable Providers, New Entrants/Investors, and Industry Verticals

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. HTF Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand company's positioning regarding market value, volume and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.

Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Worldpay Group plc (United States), American Express (United States), PayPal Holdings Inc. (United States), Ant Financial Services (China), SAP SE (Germany), Intuit Inc. (United States), Tenpay Technology Company (China), Bottomline Technologies, Inc. (United States), Visa (United States), Coupa Software (United States), TransferTo (Singapore), FleetCor Technologies, Inc. (United States), GoCardless (United Kingdom), JPMorgan Chase (United States), Payoneer (United States) and Traxpay (United States) etc.

2. Can we have customized study for B2B Payments Platform Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.

3. What would be the Market Size of B2B Payments Platform Market by 2027?
Analysts at HTF estimates B2B Payments Platform Market to reach USD Million by 2027.

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/4150984-global-b2b-payments-platform-market

Strategic Points Covered in Table of Content of Global B2B Payments Platform Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global B2B Payments Platform Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global B2B Payments Platform Market Insights by Application, Product Type, Competitive Landscape

....Continued

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=4150984

Contact Us:
CRAIG FRANCIS (PR & Marketing Manager)
sales@htfmarketreport.com
Ph: +1 (434) 299-0043
Connect with us at LinkedIn | Facebook | Twitter