Edgar, Dunn & Company (EDC) was asked by the Paypers to elaborate on the size of the B2B ecommerce market and the instrumental factors that will further accelerate this growth. Louis Wapler (Senior Consultant, Paris) prepared this article which was first published by the Paypers in its Cross-Border Payments and Ecommerce Report 2022–2023.
In the deteriorating economic outlook, the metric of business success has pivoted from growth at any cost to profitable growth. In this article, Martin Koderisch (Principal, London) discusses the steps payment and fintech companies can take to deliver a growth pathway that is profitable and sustainable.
There are many successful use cases for Open Banking but payments is arguably not one so far. In this article, Volker Schloenvoigt (Director, London) highlights how it might be required for merchants to share some of the benefits with the end consumer to kick start adoption.
B2B payments are growing worldwide due to technological innovations in payment infrastructure, changes in customer expectations, the increasing number of new entrants, and regulatory changes.
Business-to-business (B2B) payments and processes have become increasingly digital during the last decade. The COVID-19 pandemic is considered to have had a significant impact on B2B payments, acting as a catalyst for further accelerating the digitalisation of both accounts receivable and payable.