US B2B Payments Market Size Likely to Surpass at a CAGR of 9.69% By 2034

The US B2B Payments Market size is forecast to grow at a CAGR of 9.69% from 2025 to 2034. The market is expected to reach USD 1160 Billion by 2034, up from USD 462 Billion in 2025.

Overview

An industry expert from xxx has stated that the B2B Payments Market will evolve rapidly with digital transformation, the normalization of real-time payment adoption, and the ongoing regulatory focus on secure and transparent payment flows. Emerging techniques in cross-border payments, embedded finance, and AP/AR automation should provide added growth opportunities throughout the forecast period.

Key Trends & Drivers

• Rapid Adoption of Digital Payment Solutions: Within the U.S., with the shift to digital payment tools, more and more organizations are replacing paper checks. ACH payments are gaining traction as there are no transaction issues that come with paper checks, banks are loyal to ACH payments from a cost perspective, and NACHA rules and regulations. ACH will remain a secure and low-cost alternative for paying vendors and payroll processing.

• Cross-Border Payment innovation: Cross-border wire transfers are expensive, slow, and lack transparency. To address this pain, companies are moving to blockchain payments, single multi-currency accounts, and next, we are seeing advances in fintech that eliminate some of the pain of cross-border payments. Yes, we are moving away from just costs by reducing fees, and time by faster settlement periods, but we are also seeing real-time tracking of payments that eliminate the wait time and strengthen international vendor payments and the global supply chain transactions.

• Integration of AP/AR Automation: New regulatory requirements from the United States on anti-money laundering (AML), know-your-customer (KYC), and data security practices mean companies in the payment sector need to increase their focus on and investment in fraud prevention measures. Companies are spending money on AI-enabled transaction monitoring tools and compliance regimes that will keep payment data secure from prying eyes while striving to meet wavering regulations and standards and to limit the risks of fraud that continue to grow as payment flows become increasingly digital.

• Regulatory Modernization and Compliance: Emerging regulations for AML, KYC, and payment data security are pushing organizations to utilize enhanced fraud prevention and AI monitoring tools. Regulatory authorities are also asking organizations to safeguard sensitive financial data and mitigate fraud risk.

• Embedded Finance and API Connectivity: Today, payment platforms embed payment processing into ERPs, procurement, and supply chain applications through secure APIs to eliminate friction, reduce payment timeframes, and improve the buyer-supplier experience by keeping data flowing in real-time.

Report Scope

SWOT Analysis

• Strengths: The U.S. B2B Payments Market is further buoyed by good digital banking backbone infrastructure, secure ACH rails, and FedNow-style new real-time payment systems. in addition, the regulatory framework provided in the U.S. has historically supported electronic payments, and this complementary structure, combined with a competitive fintech environment, encourages an environment where innovation can happen rapidly, making payments faster, safer, and more transparent in high-value business transactions.

• Weaknesses: Many legacy ERP systems and older financial software can still slow down the integration of new real-time payment tools and APIs, particularly for large enterprises. Many smaller businesses still rely on paper checks for payments, despite knowing electronic payments make more sense, because of trust issues, the perception of cost, or a lack of dedicated IT resources to help with the transition to digital, limiting the ability for everyone to go digital at scale.

• Opportunities: There are unprecedented opportunities for fraud prevention, with rapid growth in the sector, plus the initiative to integrate AI and machine learning into payment solutions to improve fraud detection, allowing payment facilitators to scale up rapidly. Similarly, blockchain-based payments frameworks could provide a solution for cross-border payments where payment facilitators can employ trustless systems and transparency. Embedded finance and ESG-linked payments also represent viable avenues for growth, while fintech/bank partnerships yielding same-day payments represent compelling value for B2B buyers, alongside traditional payment facilitators innovating with virtual cards.

• Threats: The increased risk of cyberattacks, phishing scams, and payment fraud all present serious threats that will put B2B transaction security at risk. It is still convoluted with cross-border payments as there are several authorities that apply different regulations, tax regimes, and compliance obligations in each country, usually accompanied by additional costs. There is also an imminent threat to established payment facilitators as nimble fintech start-ups and large technology corporations start to take market share, ultimately, where larger established payment facilitators may feel compelled to cut prices to maintain market share, or continue charging previous rates, losing market share in the process.

List of the prominent players in the US B2B Payments Market:

• American Express
• Bank of America Corporation
• MasterCard
• Citigroup Inc
• PayPal Holdings Inc
• Block Inc
• Payoneer Inc
• Others

The US B2B Payments Market is segmented as follows:

By Payment Type

• Domestic Payments
• Cross-border Payments

By Payment Mode

• Cheque And Cash
• Ach
• Card
• Wire And Others

By Enterprise Size

• Large Enterprises
• Small & Medium Enterprises

By Industry

• BFSI
• Manufacturing
• Businesses and Professional Services
• IT and Telecom
• Energy and Utilities
• Others