B2B Card Payments to Reach $11 Trillion in 2030

According to new research from Juniper Research, the value of B2B card payments will rise from $5.9 trillion in 2026 to $10.9 trillion in 2030. This would represent an 85% growth, and far outpace the 17% growth forecast in the global B2B payments market over the same period.

This dramatic growth, which defies expectations in a world progressively focused on alternative payment methods, is being driven by corporations increasingly using cards to control employee spending. In areas such as travel and expenses, payment cards enable corporate finance teams to place stringent, traceable limits on cards, protecting organisations from surging fraud and malicious or accidental misuse.

The report identified the controls and visibility offered by corporate card solutions as the differentiator for key market leaders. Card solutions that allow financial teams to prevent misuse, pre-approve transactions, and provide visibility over transaction history have become indispensable to modern spend management. This capability is well established with large corporations, but SMEs are increasingly open to card-based processes, creating a significant opportunity.

“Advanced controls and increased visibility are making cards the preferred payment method in a broadening range of use cases, such as in recurring payments. Here, virtual cards issued by spend management platforms are being used for specific subscriptions, offering additional controls. Our research recommends B2B card issuers focus on modular solutions which offer attractive integration into key business systems, such as procurement platforms, to offer maximum efficiency for businesses,” commented report author Michael Greenwood.