The past few years have ushered in a digital payments revolution—one that began with consumers and is moving into B2B payments. Digital payments promise to solve a host of challenges that businesses, especially SMBs, face.
Globally, the B2B payments market is expected to reach $1.9 trillion in market value by 2028, representing immense revenue opportunities as well as saving business customers time and money, according to recent research. Additionally, 82% of Americans used digital payments in 2021, up from 78% in 2020.
Small businesses are ready to experience the benefits of B2B digital payments, but they need help orchestrating the migration. This new infographic highlights:
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