B2B Payments: Is Cash Still a King or Now is the Time for Digital Payments?

Market Research

The global B2B payments industry seems to be highly fragmented, with a lack of clear vendors holding the lion’s share in the market. The advent of new payment solutions has now become mainstream and gaining a competitive advantage over competitors. Changing customer preferences and the growth in the number of digital B2B channels are indicative that customers are less likely to use branches for routine transactions.

Key Takeaways:

  • The B2B payments industry has witnessed a sudden change from the year 2020 to now.
  • Some major vendors operating in the digital payments (b2b) industry are MasterCard, Inc., PayPal Holdings, Inc., Visa, Inc., and Fidelity Information Services, Inc. (FIS).
  • Most banks are now looking at alternative approaches to enlarge their footprint.

To know more...

Related Topics

ATxSG Broadcast Asia 2024


ATxSG BroadcastAsia 2024: Key Trends

ATxSG is one of the leading technology conferences in Asia-Pacific with two primary focus avenues, i.e., BroadcastAsia and CommunicAsia, with close to...

NAB 2024 Key Trends


NAB 2024 Key Trends

SG Analytics (SGA)’s media and broadcast research & consulting team surveyed 13 vendors attending the 2024 NAB Show in Las Vegas in April 2024....

Whitepaper - ESG-M&E - Sustainable Media


A Shift toward Sustainable Media Consumption Imminent

Short description & Key Takeaways for the website: There are roughly 500+ OTT TV & video services globally with 6.3bn users worldwide generating...

We bring comprehensive data driven insights to everyone, everywhere