Scale your business with 9Remit's B2B payment solution

In the context of an increasingly integrated global economy, businesses are seeking more efficient ways to make and receive international payments. Choosing the right B2B payment solution will determine a company’s success in expanding its market globally.

This article provides an overview of B2B payments, the current challenges and trends, while also introducing 9Remit’s breakthrough international money transfer solution.

1. What is B2B Payment?

B2B payments (Business-to-Business payments) refer to financial transactions between two companies, such as wholesalers and retailers, exporters and importers, or service providers and corporate clients. Unlike B2C (Business-to-Consumer) payments, B2B transactions are typically larger in value, more frequent, often based on recurring contracts, and require more complex processes to ensure transparency and regulatory compliance.

Key Characteristics of B2B Payments:

Large transaction values: Typically range from thousands to millions of dollars, requiring multi-layered security and authentication systems.

Complex processes: Involve multiple steps of verification, approval, and reconciliation, especially critical in cross-border transactions.

Regulatory compliance: Must meet anti-money laundering (AML), tax, legal, and policy requirements according to the regulations of each country.

According to a report by Fortune Business Insights, the global B2B payments market was valued at $87.98 trillion in 2024 and is projected to grow to $97.88 trillion in 2025, with an annual growth rate of 7–9%. This highlights the importance and growth potential of international payment solution services.

2. Popular B2B Payment Methods

Currently, businesses have many options for making international payments. Each method has its own advantages and disadvantages:

Traditional bank transfer (SWIFT): This has been the most popular method for decades. The advantages are high security and wide acceptance. However, the major disadvantages are slow processing speed (usually taking several days), high costs, and lack of transparency about transaction status.

Letter of Credit: Commonly used in international trade, especially with new partners or high-value transactions. Although secure, the process is complicated and the costs are significant.

Paper Checks: Traditional but still widely used, especially in markets like the U.S. where check processing infrastructure remains prevalent. However, they are slower and more prone to fraud compared to digital methods.

Specialized cross-border solutions: These are new technology solutions that focus on processing cross-border B2B transactions quickly and efficiently. These solutions are often deeply integrated into the business system and provide specialized services, meeting the specific needs of each industry.

Digital payment providers (PSPs): Platforms such as 9Remit, Paypal, Wise, offer international money transfer solutions with faster speeds and lower costs than traditional banks, suitable for small and medium-sized enterprises. However, for large-value B2B transactions or those that need to process large amounts, some units may face limitations in transaction limits and foreign exchange fees.

Cryptocurrency and Blockchain: Despite many regulatory challenges, blockchain technology is gradually being applied in cross-border payments thanks to its transparency and low costs.

3. B2B payment trends

The world is witnessing major transformations in the B2B payment landscape:

Faster processing speeds: The growing demand for rapid international transfers is driving businesses and financial institutions to seek technologies that reduce transaction times—from several days to just a few hours.

Automation and integration: Modern payment solutions are focusing on automating processes to help businesses save time and minimize errors. API integration allows payment systems to connect directly with accounting and enterprise management platforms.

Cost reduction: New solutions are emerging with more competitive pricing models, eliminating hidden fees and intermediaries, thus helping businesses reduce operational costs.

Transparency and security: With increasingly strict regulations around anti-money laundering (AML), payment solutions must ensure high levels of transparency and absolute data security.

Personalized user experience: Modern international payment platforms like 9Remit are heavily investing in enhancing user experience through:

• Intuitive and user-friendly interfaces
• Customizable dashboards tailored to business needs
• 24/7 online customer support
• AI integration for automatic profile verification and document assessment

4. 9Remit's B2B Payment Solution

9Remit positions itself as a trusted international money transfer provider and a strategic partner for global businesses looking to expand into Vietnam. With advanced technology and a team of experienced professionals, 9Remit is committed to delivering a superior, comprehensive, and seamless cross-border payment experience.

4.1. Benefits of 9Remit's B2B Payment Solution for Partners

A cross-border payment bridge: 9Remit acts as a reliable bridge, enabling global financial institutions and businesses to transact easily in Vietnam - overcoming infrastructure and regulatory barriers.

Operational cost optimization: Compared to traditional banks, 9Remit offers the most competitive rates on the market. It eliminates intermediary fees, hidden charges, and unnecessary currency conversion costs, helping businesses maximize profitability.

Increased competitiveness: Fast and reliable payment services from 9Remit help partners enhance their customer experience and gain a competitive edge in the market.

4.2. Fast and Seamless Cross-Border Payment Experience

9Remit’s solution ensures fast, seamless international money transfers. By integrating advanced API technology, 9Remit enables partners to execute high-speed payments, removing time delays and complex procedures.

• Speed: Millions of transactions are processed in real time, handling 400–500 transactions per second, with a maximum capacity of 1,000 RPS—all while maintaining system stability to ensure smooth cash flow. 9Remit enables T+0 payments, where funds are received on the same day—and in many cases, within just two hours of initiating the transfer.
• Transparency: Provides clear transaction tracking so both senders and recipients have accurate and real-time information.
• Security: Built on a high-security technology foundation, the system complies with international standards to ensure complete safety for all transactions.

With cutting-edge technology, a broad partner network, and a team of seasoned experts, 9Remit is committed to supporting businesses in their journey toward international expansion. From fast global transfers to smart cash flow management, 9Remit meets every cross-border payment need with optimal efficiency.

Contact 9Remit today to discover how we can help your business achieve international growth goals!

Contact us now

• Website: 9Pay.vn

• Hotline: 1900 88 68 32 (Hỗ trợ 24/7)

• Email: business@9pay.vn