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The 2023 State of B2B Cross-Border Payments

Uncover the B2B payments landscape and learn why business leaders are turning to fintech to deliver cross-border growth despite economic uncertainty.
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What B2B Business Leaders Need to Know About Our Turbulent Global Market

We surveyed hundreds of business leaders at B2B firms across Europe, North and South America. Their responses reveal the current business outlook, how they feel about upcoming market opportunities and risks, their strategic priorities and their top considerations and priorities around B2B cross-border payments and payouts.
  • Optimism Abounds: Over half of the respondents have a positive business outlook.
  • Digital Payments Are in Demand: Businesses want real-time payments.
  • Focus on Savings: Businesses are seeking ways to reduce transaction and FX fees.
  • Pay Attention to Payment Providers: Fintech platforms gain popularity.

About the State of B2B Cross-Border Payments Study

In February 2023, Rapyd conducted a research study to understand the payment preference and challenges faced by business-to-business cross-border focused companies in seven markets. The study reveals how B2B cross-border businesses accept payments, disburse payouts and the current business outlook. The report includes responses from 715 business owners and payment decision-makers based in Brazil, Canada, Germany, Mexico, Singapore, the UK and the US.

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