Existing Payments Ecosystems

Who are the players and where do they fit in the payments space.

B2B Payments


  • B2B payments TAM is much bigger than B2C
  • B2B payments still utilize paper invoices & checks (account for 60% of B2B payments still)
    • 81% of businesses still use paper checks in NA
  • Current momentum in trends below is driving B2B digital payments adoption (in US and abroad):
    • RTP offerings
    • Open Banking & E-Invoicing driven by EU regulation
    • Better workflow integration (ERP systems, etc)
    • Covid boosted interest in electronic payments
      • 40% of CFO’s are planning to accelerate automation
    • Improving cost saving and other operational efficiencies: