Product Brochure: Global B2B Payment Trends 2018
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The 'Global B2B Payment Trends 2018' report highlights significant growth in the B2B payments market, driven by digital transformation and the adoption of new technologies such as big data and AI. It predicts that electronic payments will dominate, with fintech disrupting traditional cross-border transactions. The report also provides extensive data on payment trends, technology impacts, and regional insights, focusing on major markets including North America, Europe, and Asia-Pacific.
Product Brochure: Global B2B Payment Trends 2018
- 1. GLOBAL B2B PAYMENT TRENDS 2018 PUBLICATION DATE: OCTOBER 2018 PAGE 2 GENERAL INFORMATION I PAGE 3 KEY FINDINGS I PAGE 4-5 TABLE OF CONTENTS I PAGE 6 REPORT-SPECIFIC SAMPLE CHARTS I PAGE 7 METHODOLOGY I PAGE 8 RELATED REPORTS I PAGE 9 CLIENTS I PAGE 10-11 FREQUENTLY ASKED QUESTIONS PAGE 12 ORDER FORM I PAGE 13 TERMS AND CONDITIONS
- 2. 2 2 PRODUCT DETAILS Title: Type of Product: Category: Covered Regions: Covered Countries: Language: Formats: Number of Charts: Global B2B Payment Trends 2018 Report Payment Global, Asia-Pacific, Europe, North America Canada, China, Germany, UK, USA English PDF & PowerPoint 62 PRICES* Single User License: Site License: Global Site License: € 950 (exc. VAT) € 1,425 (exc. VAT) € 1,900 (exc. VAT) We occasionally offer a discount on selected reports as newer reports are published. Please see the most up-to-date pricing on our website www.ystats.com. QUESTIONS ANSWERED IN THIS REPORT How large is the global B2B payment value predicted to be by 2028? What are the top trends in B2B payments worldwide? Which technologies are disrupting the B2B payments space? What are the latest payment developments in global B2B E-Commerce? Which companies are expected to be benefit the most from the B2B payments growth? SECONDARY MARKET RESEARCH Our reports are exclusively based on secondary market research. Our researchers derive information and data from a variety of reliable published sources and compile the data into understandable and easy-to-use formats. ADVANTAGES Maximum Objectivity Reliable Sources Up-To-Date Analysis Boardroom-Ready PowerPoint Presentations Guidance For Strategic Company Decisions GLOBAL B2B PAYMENT TRENDS 2018
- 3. DIGITAL TRANSFORMATION DRIVES THE GROWTH OF B2B PAYMENTS WORLDWIDE B2B payment is the largest segment of the global payments market. Trillions of U.S. dollars are transacted between businesses annually, with robust growth expected for the next ten years. Driven by the expansion of the technology-powered B2B payment offerings of the leading FinTech companies, card networks and software solution providers, and the adoption of E-Commerce by businesses, corporate payments are becoming increasingly digitalized. According to a 2018 survey cited in the yStats.com report, one-half of global B2B payments are already made electronically with further shift towards digital transfers expected in the next two to five years. New technologies such as big data analytics, artificial intelligence, machine learning, and instant payments are expected to help businesses reduce inefficiencies in the complex B2B payments processes and tackle the problem of payment delays. The share of past due B2B payments ranges by region from one-third to more than one-half of all B2B receivables, according to the latest data cited in the yStats.com report. Furthermore, FinTech is disrupting the cross-border B2B payments space, with their share of transaction value projected to increase through 2022. The growth of global B2B E-Commerce, projected to become more than double the size of the B2C online market over the next two years, is another disruptor of the B2B payments space. While traditional card payments lead the current B2B E-Commerce payment offerings, more businesses start to offer mobile payment options to their clients. Data from 2018 cited in the yStats.com report indicates the growing comfort of treasurers in using mobile payment applications. GLOBAL B2B PAYMENT TRENDS 2018 3
- 4. MANAGEMENT SUMMARY GLOBAL DEVELOPMENTS ▪ B2B Payment Trends, September 2018 ▪ B2B Payment Value, in USD trillion, 2018e & 2028f ▪ Breakdown of the Monthly Volume of Transactions Paid by Card and by ACH/Check/Wire, in % of Businesses, May 2018 ▪ Breakdown of the Number of Banks and Currencies Used in Payments, in % of Businesses, May 2018 ▪ Share of Past Due B2B Receivables, in %, by Domestic and Foreign Payments, by Selected Regions, 2014 - 2018f ▪ Average Payment Duration by Invoice Due Day and Payment Delay, in Days, by Domestic and Foreign Payments, by Selected Regions, 2017 & 2018f ▪ Share of B2B Payments Made Electronically According to Accounts Payable and Finance Leaders, in %, May 2018 ▪ Expected Evolution in Accounts Payable (AP), by Expected in Two Years and in Five Years, in % of Accounts Payable and Finance Leaders, May 2018 ▪ Share of Corporate Treasurers Who Believe That Operational Model of Their Company is Changing as a Result of Sector Disruption, in %, June 2018 ▪ Top 3 Disruptions to Existing Business Models According to Corporate Treasurers, in %, June 2018 ▪ Breakdown of Disruptors Expected by Corporate Treasurers to Have the Greatest Impact on Treasury Functions and Payments in the Next 2-3 Years, in %, 2017 ▪ Breakdown of the Relative Importance of Blockchain and APIs for Outbound Payments, in % of Corporate Treasurers, 2017 ▪ Top 3 Technologies Most Beneficial to Their Organizations According to Corporate Treasurers, in %, June 2018 ▪ Top 3 Uses of FinTechs According to Corporate Treasurers, in %, June 2018 ▪ Interest in Moving from the Current Solution to a New Solution, in % of Respondents Among Corporate Treasurers, and Share of Respondents Planning to Continue with the Current Provider, in %, June 2018 ▪ Trust in Providers Among Corporate Treasurers as Expressed in the Trust Index, by Region and Global, June 2018 ▪ Cross-Border B2B Transactions Facilitated by FinTech and Disruptive Technologies, in USD trillion and in % of All Cross- Border B2B Transactions, 2017 & 2022f ▪ B2B E-Commerce Sales Compared to B2C E-Commerce Sales, in USD trillion, 2020f ▪ Top 4 Features Most Important to B2B E-Commerce Buyers, incl. “Payment Options”, in % of Respondents, March 2018 ▪ Top 4 Payment Methods Accepted in B2B E-Commerce, in % of International B2B E-Commerce Companies, March 2018 ▪ Share of B2B E-Commerce Companies Accepting Payment by Mobile Wallet, in %, March 2018 ▪ Share of Treasurers Indicating Their Comfortability With Mobile B2B Payment Applications Has Improved Over the Past Year, in %, May 2018 ▪ Overview of 11 Publicly Traded Companies Expected to be the Most Exposed to the B2B Payments Opportunity Over the Next Five Years, September 2018 ASIA-PACIFIC 3.1. REGIONAL ▪ Top Technology-Related Trends for B2B E-Commerce, incl. “Payment Solutions”, in % of B2B Companies, September 2018 3.2. CHINA ▪ Share of Companies Experiencing Payment Delays of Over 120 Days, in %, 2016 & 2017 ▪ Top 2 Reasons for Payment Delays in B2B Payments, by Domestic and Foreign Customers, in % of Respondents, 2017 ▪ Breakdown of Third-Party Online Payment Providers Used by B2B E-Commerce Sellers, in % of B2B E-Commerce Sellers Using Third-Party Payment Platforms, October 2016 2 GLOBAL B2B PAYMENT TRENDS 2018 TABLE OF CONTENTS (1 OF 2) 4 1 3
- 5. 5 5 NORTH AMERICA 4.1. REGIONAL ▪ Channels Used by Companies to Receive Invoices, in % of Respondents, by Company Size, Q1 2018 ▪ Breakdown of Payment Methods Used by Companies to Pay Invoices, in % of Respondents, by Company Size, Q1 2018 4.2. USA ▪ B2B Payments Value, Compared to B2C and C2C Payments, in USD billion, 2016 ▪ Breakdown of B2B Payments by B2B E-Commerce and Other B2B Payments, in USD trillion, 2014 & 2020f ▪ Breakdown of B2B Payments by Payment Method As Perceived by Companies, in %, 2014, 2017e & 2020f ▪ Breakdown of Expected Costs of Real-Time B2B Payments, in % of Respondents Among Top Banks, Q1 2018 ▪ Breakdown of Willingness to Offer Corporate Clients 24/7 Support for Real-Time Payments, in % of Respondents Among Top Banks, Q1 2018 4.3. CANADA ▪ Breakdown of B2B Payments by Method, in %, 2016 ▪ Credit Card’s Share of Business Spending, by SMEs and Large Businesses, in %, 2016 EUROPE 5.1. REGIONAL ▪ Top 3 Reasons for Payment Delays in B2B Payments, in % of Respondents, April 2017 5.2. UK ▪ Number of B2B Payments, in billions, 2016 & 2017 ▪ Clearing Systems Used by Finance Decision Makers at UK’s Top Private and Public Organizations to Make B2B Payments, in % of Respondents, May 2018 5.3. GERMANY ▪ Payment Methods Offered in B2B Online Shops, by Offered to New and Existing Customers, in % of B2B Online Shops, July 2018 ▪ Evaluation of Importance of Payment Methods in B2B Commerce in Five Years, by High Relevance and Medium Relevance, in % of B2B Experts, and Change Between 2018 and 2023f, in %, July 2018 ▪ Breakdown of Processing Payment Methods by In-House and Through External Provider, by Payment Methods, in % of B2B Online Shops, July 2018 ▪ Most Important Factors in Choosing a Payment Service Provider in B2B E-Commerce, by High Relevance and Medium Relevance, in % of B2B Online Shops, July 2018 ▪ Measures Used by B2B Online Shops to Reduce Risk, in %, July 2018 4 GLOBAL B2B PAYMENT TRENDS 2018 TABLE OF CONTENTS (2 OF 2) 5
- 6. 6 6 GLOBAL B2B PAYMENT TRENDS 2018 REPORT-SPECIFIC SAMPLE CHARTS
- 7. 7 7 GENERAL METHODOLOGY OF OUR MARKET REPORTS Secondary Market Research ▪ The reports are compiled based on secondary market research. Secondary research is information gathered from previously published sources. Our reports are solely based on information and data acquired from national and international statistical offices, industry and trade associations, business reports, business and company databases, journals, company registries, news portals and many other reliable sources. By using various sources we ensure maximum objectivity for all obtained data. As a result, companies gain a precise and unbiased impression of the market situation. ▪ Cross referencing of data is conducted in order to ensure validity and reliability. ▪ The source of information and its release date are provided on every chart. It is possible that the information contained in one chart is derived from several sources. If this is the case, all sources are mentioned on the chart. ▪ The reports include mainly data from the last 12 months prior to the date of report publication. Exact publication dates are mentioned in every chart. Definitions ▪ The reports take into account a broad definition of B2C E- Commerce, which might include mobile commerce. As definitions may vary among sources, exact definition used by the source (if available) is included at the bottom of the chart. Chart Types ▪ Our reports include text charts, pie charts, bar charts, rankings, line graphs and tables. Every chart contains an Action Title, which summarizes the main idea/finding of the chart and a Subtitle, which provides necessary information about the country, the topic, units or measures of currency, and the applicable time period(s) to which the data refers. With respect to rankings, it is possible that the summation of all categories amounts to more than 100%. In this case, multiple answers were possible, which is noted at the bottom of the chart. Report Structure ▪ Reports are comprised of the following elements, in the following order: Cover page, preface, legal notice, methodology, definitions, table of contents, management summary (summarizing main information contained in each section of report) and report content (divided into sections and chapters). When available, we also include forecasts in our report content. These forecasts are not our own; they are published by reliable sources. Within Global and Regional reports, we include all major developed and emerging markets, ranked in order of importance by using evaluative criteria such as sales figures. Notes and Currency Values ▪ If available, additional information about the data collection, for example the time of survey and number of people surveyed, is provided in the form of a note. In some cases, the note (also) contains additional information needed to fully understand the contents of the respective data. ▪ When providing information about amounts of money, local currencies are most often used. When referencing currency values in the Action Title, the EUR values are also provided in brackets. The conversions are always made using the average currency exchange rate for the respective time period. Should the currency figure be in the future, the average exchange rate of the past 12 months is used. METHODOLOGY OF OUR GLOBAL B2B PAYMENT TRENDS 2018 Report Coverage ▪ This report covers the B2B payment market with a focus on global developments and trends. Information both about total B2B payment (all channels) and B2B E-Commerce payment specifically was included. ▪ In addition to global developments, selected regional and country insights from three regions are provided, including Asia-Pacific, Europe and North America. Report Structure ▪ The report opens with a global chapter. It contains information on global B2B payment developments. These include data on the current size and projections for the B2B payments market. Furthermore, market trends such as digital transformation and technological disruption are covered on both quantitative and qualitative (text) charts. In addition, an overview of the publicly traded companies from the cards, payments and software sectors that are expected to be the most exposed to the B2B payments growth is included. ▪ Regional chapters follow, ranked by B2B payments market size and potential: Asia-Pacific, North America and Europe. Selected quantitative information for the major markets in these regions, including the USA, Canada, China, Germany and the UK, was provided to exemplify the global trends in general B2B payments and business-to-business E-Commerce payments. The type and scope of information included per country and region varied due to data availability and is intended to illustrate the overall market developments rather than cover the specific geographies. GLOBAL B2B PAYMENT TRENDS 2018 METHODOLOGY 7
- 8. Global B2B E-Commerce Market 2018 Global Online Payment Methods: Full Year 2017 Global Alternative Online Payment Methods: Full Year 2017 Europe Online Payment Methods: Full Year 2017 APAC Online Payment Methods: Full Year 2017 North America Online Payment Methods: Full Year 2017 Latin America Online Payment Methods: Full Year 2017 Middle East and Africa Online Payment Methods: Full Year 2017 Online Retail in Emerging Markets 2018 Global B2C E-Commerce Market 2018 Global E-Commerce Marketplaces 2018 Global Cross-Border B2C E-Commerce 2018 Europe Cross-Border B2C E-Commerce 2018 Asia-Pacific Cross-Border B2C E-Commerce 2018 Europe B2C E-Commerce Market 2018 Western Europe B2C E-Commerce Market 2018 Eastern Europe B2C E-Commerce Market 2018 Asia-Pacific B2C E-Commerce Market 2018 Southeast Asia B2C E-Commerce Market 2018 Africa B2C E-Commerce Market 2018 Middle East B2C E-Commerce Market 2018 September 2018 July 2018 July 2018 June 2018 June 2018 July 2018 July 2018 July 2018 August 2018 July 2018 March 2018 September 2018 September 2018 September 2018 September 2018 September 2018 August 2018 June 2018 May 2018 March 2018 January 2018 € 1,950 € 2,950 € 1,950 € 1,950 € 1,950 € 950 € 950 € 950 € 3,450 € 4,950 € 450 € 2,950 € 1,950 € 1,950 € 3,950 € 2,950 € 1,950 € 3,950 € 750 € 1,950 € 1,950 UPCOMING RELATED REPORTS REPORT PUBLICATION DATE PRICE* Latin America B2C E-Commerce Market 2018 North America B2C E-Commerce Market 2018 October 2018 November 2018 € 1,950 € 950 GLOBAL B2B PAYMENT TRENDS 2018 MARKET 2018 8
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