B2B payments is the largest addressable payments market in the US. Slow-to-digitize small and medium-sized businesses (SMBs) remain an untapped segment, and providers must understand their evolving payment needs to capitalize on the opportunity.

Key Question: What is driving B2B payment volume trends, and how can providers capitalize on these trends to capture SMB volume?

Key Stat: Check and cash payments have fallen from a majority share of B2B transaction value in 2019 to just 32.1% in 2024. That gives providers an opening to help businesses digitize and capture their volume.