and the Future of B2B
The B2B E-Payment Opportunity
The future of B2B is digital. But digital commerce is only part of the equation.
E-commerce is on the rise, but digital payments—also known as e-payment—are already dominating the B2B sphere. Experts predict that global e-commerce sales will reach $4.88 trillion by 2021. By contrast, B2B digital payments are projected to break $23 trillion in 2020.
E-payment is a convenient, fast, and secure self-service option for consumers and businesses alike. 66% of customers report greater satisfaction with electronic billing, and an additional 36% list it as a competitive differentiator.
In other words, e-payment is a reason to choose you over your competitors. And the bottom line is, even for small-to-medium businesses, B2B clients want the freedom to pay their bills online.
Download our e-payment white paper and discover:
- The B2B Payment Opportunity
- Payment vs. E-Commerce: Knowing the Difference
- E-Payment Best Practices: Integration, Security and Customer Experience
- How to Choose the Right E-Payment Solution for Your Business