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Nearly Half of All Cross Border Payments Will Be Instant by 2028 Reveals Juniper Research

The Fintech Times

The adoption of digital payments is rapidly developing markets to the point that the value of B2B payments are set to grow by 40 per cent by 2028, from $89trillion in 2024 according to research from Juniper Research , the market research firm.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. According to a new report from Juniper Research , Western Europe is a world leader in this market and will continue to drive adoption of instant payments, according to the report.

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

PYMNTS research released last October in the “ Bringing Corporate Payments Out of the Dark Ages ” webinar revealed 64 percent of B2B payments are made with checks, despite consumer payments’ acceleration toward electronic tools. The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions.

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