B2B payments refer to the payments between two institutions for sales of goods and services
Some of the industries that are the largest consumer of Business to Business payment platforms are manufacturing industries, business services, finance, retail, real estate
Deciding the correct payment method for businesses is quite difficult. These payment options are cheque payment, cash payment, crypto transactions etc.
The Global B2B payment platform market growth is rising because of the increase in growth of import and exchange transactions.
These numbers are rising owing to the higher demand for goods in the global market.
Some of the other influencing factors in the import and export values are government policies and the income of the economy.