B2B Payments

B2B Payments: Domestic, Cross-border & Instant Payments 2020-2025

Juniper Research’s B2B Payments research provides an in-depth analysis and evaluation of how the B2B payment environment is rapidly changing; delivering critical insights on the state of digitisation, key vendors driving the evolution and their future prospects. It also provides an evaluation of the current market progress on instant payments scheme implementation and highlights the future opportunities for stakeholders in the B2B payments ecosystem.

The research provides astute analysis of both the domestic and cross-border B2B payment markets; highlighting the current market status, key pain points in existing processes and the most critical opportunities for vendors to seize. The research also features a comprehensive forecast suite, encompassing B2B payments for a range of segments:
  • Domestic B2B Payments
  • Cross-border B2B Payments
  • B2B Instant Payments
  • Traditional vs Non-Bank B2B Payments
This research suite includes:
  • Deep Dive Strategy & Competition (PDF)
  • 5-Year Deep Dive Data & Forecasting (PDF & Excel)
  • Executive Summary & Core Findings (PDF)
  • 12 months' access to harvest online data platform


Key Features

  • Domestic B2B Payments Analysis: Analysis of the current state of the domestic market for B2B payments, including the following elements:
    • Analysis of key payment mechanisms, with a regional analysis of payment schemes in place.
    • Evaluation of the major pain points in domestic payments and what opportunities key stakeholders have to address these challenges.
  • Cross-border B2B Payments Analysis: Detailed insight into the cross-border B2B payments market, including the following elements:
    • Assessment of the current stage of cross-border B2B payments, together with the level of disruption from COVID-19 and analysis of key business payment corridors.
    • Evaluation of the key cross-border pain points in the B2B payments market, accompanied by key opportunities analysis, including the use of blockchain as a payment network.
    • Juniper Research Vendor Positioning Index: Evaluation of 20 non-bank B2B cross-border vendors, positioned by their agility, presence and innovation.
  • Instant B2B Payments Analysis: Evaluation of this dynamic area in the B2B payments market, including the following:
    • The current landscape of instant payments adoption and the role ISO 20022 has played.
    • Discussion of key trends in instant payments adoption, including the forthcoming FedNow service from the US Federal Reserve.
    • Analysis of the key vendors innovating in instant payments, with an accompanying future outlook for each vendor and the overall instant payments market.
  • Juniper Research Leaderboard: 15 leading B2B payments vendors compared, scored and positioned on the Juniper Research Leaderboard matrix, including:
    • ACI Worldwide
    • American Express
    • Banking Circle
    • CGI
    • ECS Fin
    • Finastra
    • FIS
    • Fiserv
    • IBM
    • Mastercard
    • Montran Corporation
    • Ripple
    • SWIFT
    • Visa
    • Worldline
  • Interviews: Leading B2B payments stakeholders interviewed, including:
    • ACI Worldwide
    • Banking Circle
    • FIS
    • SWIFT
  • Benchmark Industry Forecasts: Market forecasts for the number of transactions, total value of transactions and revenues for traditional and non-traditional players in key areas:
    • Domestic B2B payments
    • Cross-border B2B payments
    • B2B transactions made via traditional and non-bank means
    • Instant B2B payments

Key Questions

  1. What potential is there for the use of instant payment schemes in B2B payments and what effect will these have on the overall market?
  2. How can traditional banks compete against non-bank companies in cross-border B2B payments?
  3. What is the total size of the B2B payments industry; how can providers take advantage of this?
  4. What new technologies and channels are set to disrupt the B2B payment industry?
  5. Which key players are better positioned to influence the market over the next 5 years?

Companies Referenced

Interviewed: ACI Worldwide, Banking Circle, FIS, SWIFT.
Profiled: ACI Worldwide, American Express, Banking Circle, CGI, ECS Fin, Finastra, FIS, Fiserv, IBM, Mastercard, Montran, Ripple, SWIFT, Visa, Worldline.
Case Studied: Fluidly, SAP Concur, Tradeshift, US Federal Reserve, we.trade.
Included in Juniper Research Vendor Positioning Index: AccessPay, Azimo, B2BPAY, Currencies Direct, Currencycloud, CurrencyTransfer, Fexco, Kantox, Moneycorp, Nium, OFX, PayPal, TorFX, TransferMate, TransferWise, Veem, VertoFX, Western Union Business Solutions, Worldfirst, XE Money Transfer.
Mentioned: 3Pay, Accenture, Accuity, Adidas, Adventity, AFP (Association of Financial Professionals), Agilisys, AIB, Airwallex, Alibaba, AmBank, Andile, Ant Financial, ANZ, AQR Capital, Atradius, Auchan, Banco Galicia, Banco Rendimento, Banco Topazio, Bank for International Settlement, Bank Liberty, Bank of America Merrill Lynch, Bank of China, Bankable, Barclaycard, Barclays, BBVA, Be Consulting, BeeTech, Behalf, Big Byte International, BNP Paribas, Borsa Italiana, Braintree, Brighterion, British Airways, Caixa Geral de Depositos, CaixaBank, Capgemini, Capita, Cardstream, Central Bank, Certegy, China Construction Bank Asia, Citibank, Citrus Pay, Coface, Cognizant, Commerzbank, Commonwealth Bank, CPQi, Cross River, Crossroads Bank, Curve, DeeMoney, Deloitte, Delta Air Lines, Depository Trust & Clearing Corporation, Deutsche Bank, DHL, Digi-BNC, Digital River World Payments, Discover, DPO Group, Dupaco, Earthport, eBay, Ecobank, eFunds, EMVCo, EQT, Erste Group, European Central Bank, European Payments Council, Everee, Evo Payments, Experian, FICO, Fidor, Finicity, First Data, Fraedom, Frente, Gemalto/Thales, Globit, Glory Global Solutions, GoPay, Hilton Worldwide Holdings, Hitachi, Honey, HP, HSBC, Hyperledger, Hyperwallet, i2c, IMF, Infosys, ING, Ingenico, Interbank, Investly, iovation, Itiviti, ITMX (National Interbank Transaction Management and Exchange), iZettle, JDE, KASIKORNBANK, KBank, KBC, Klarna, Kompany, Lynx, Maersk, Magento, MarketFinance, Marriott International, MAS (Monetary Authority of Singapore), Mashreq, Metavante, Microsoft, MoneyGram, MoniPlus, MRL Posnet, MUFG Bank, Myob, Nationwide, Natixis, NatWest, NCR, New Look, Nissan, Nordea, Octet, OpenCart, Oracle, Ordo, Payments Canada, Paysafe, PBOC (People’s Bank of China), PNC, Pontual, Previse, PwC, QuickBooks, R3, Rabobank, Rakuten, Rambus, Rayo, RBC, Red Hat, Reserve Bank of India, Revolut, Ria, RiskRecon, RSA, Saasu, Sabadell, SafeCharge, Sage, Santander, SAP, SBI Remit, SCB, Scentre Group, SessionM, Shopify, ShopWare, ShopWired, Siam Commercial Bank, Silicon Valley Bank, Société Générale, Software Group, Sony, Speedpay, SPS (SIX Payment Services), Stake, Staley Credit Union, Standard Chartered, Starling Bank, State Bank of India, Stripe, SunGard, Taiwan Trade, TCH (The Clearing House), TF Group, ThreatMetrix, Truaxis, UBS, UniCredit, UnionPay, United Arab Bank, Valitor, Venmo, Verifi, VeriFone, Vocalink, Walmart, WeChat, Wells Fargo, Wendy’s, Westpac, Wipro, WNS Global Services, Worldpay, Wundr, Xero, Xoom, Yoma Bank, Zapier, ZenRooms.

Data & Interactive Forecast

Juniper Research’s B2B Payments forecast suite includes:

  • 5-year benchmark forecasts for key metrics by 8 key regions and 19 country-level splits including:
    • Australia
    • Brazil
    • Canada
    • China
    • Denmark
    • France
    • Germany
    • India
    • Japan
    • Mexico
    • Netherlands
    • Norway
    • Portugal
    • Saudi Arabia
    • Spain
    • South Korea
    • Sweden
    • UK
    • US
  • Forecasts including transaction volume, average transaction value and total transaction value for the following areas:
    • Domestic B2B payments
    • Cross-border B2B payments
    • B2B transactions made via traditional and non-bank means
    • Instant B2B payments​
  • Access to the full set of forecast data of 49 tables and nearly 10,000 datapoints.
  • Interactive Excel Scenario tool allowing the user the ability to manipulate Juniper Research’s data for 10 different metrics.
Juniper Research’s highly granular IFxls (Interactive Excels) enable clients to manipulate Juniper Research’s forecast data and charts to test their own assumptions using the Interactive Scenario Tool, and compare select markets side by side in customised charts and tables. IFxls greatly increase clients’ ability to both understand a particular market and to integrate their own views into the model.

B2B Payments Full Research Suite


Full Research Suite

B2B Payments full research suite comprises:

  • B2B Payments Executive Summary PDF Report
  • B2B Payments Deep Dive Strategy & Competition PDF Report
  • B2B Payments Deep Dive Data & Forecasting PDF Report
  • B2B Payments Interactive Forecast Excel Data
  • 12 months' access to B2B Payments data updates in harvest - find out more

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B2B Payments FAQs

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Research Details

Juniper Research
Nick Maynard
Fintech & Payments
8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East
Australia, Brazil, Canada, China, Denmark, France, Germany, India, Japan, South Korea, Mexico, Netherlands, Norway, Portugal, Saudi Arabia, Sweden, UK, USA