By Kristin Reischel, Senior Director of Solutions Marketing at Rapyd

The B2B payments landscape is on the brink of a transformative shift towards real-time transactions, presenting a powerful growth opportunity for banks and payment entities.

According to Deloitte, real-time payments could replace US$18.9 trillion in Automated Clearing House (ACH) and check-based B2B payments in the United States by 2028 – and in an aggressive growth scenario, that number could jump to US$37.0 trillion. However, despite this potential, the landscape remains marred by sluggish and highly inefficient payment mechanisms.

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