Global B2B payments turn digital, reveals new report by yStats.com
yStats.com, Germany-based secondary market research firm with a focus on global E-Commerce & Online Payment market intelligence, has published a new market report, entitled “Global B2B Payment Trends 2020”. The report tells of the advancing digitalization of business-to-business payments, enabled by the latest technology and innovative payment means.
Full report here: https://bit.ly/308ThZy
Press Release: Global B2B Payment Trends 2020 by yStats.com
1. PRESS RELEASE
Hamburg, January 30th
, 2020
Global B2B payments turn digital, reveals new report by yStats.com
yStats.com, Germany-based secondary market research firm with a focus on global E-Commerce & Online Payment market
intelligence, has published a new market report, entitled “Global B2B Payment Trends 2020”. The report tells of the advancing
digitalization of business-to-business payments, enabled by the latest technology and innovative payment means.
Technology disrupts B2B payments worldwide
Artificial intelligence, blockchain and machine learning are disrupting global B2B Payments by optimizing and automating payment
flows. Blockchain in particular is expected to benefit cross-border payments between businesses, helping enable a few trillion U.S. dollars in
international transaction value by 2024, reports yStats.com. Another innovation is real-time payments, which are expected to boost B2B
payments above all other segments, according to surveys cited in the new publication.
Emerging B2B payment means
Another trend highlighted in the yStats.com report is the growing diversity of payment methods used by B2B companies. Although
checks and bank transfers still dominate the larger payment volume between businesses, other payment means come to the forefront in
specific use cases and purchase channels. For example, when paying for digital subscriptions, one-third of companies in Germany and France
were likely to pay by E-Wallets, and in the U.S., credit card was the top method used by corporate buyers to pay for frequent online purchases.
For further information, see: https://www.ystats.com/market-reports/global-b2b-payment-trends-2020/
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our
areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover
a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide
selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide,
including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an
expertise in the areas of B2C E-Commerce and Online Payment.