digitization for cross-border transactions a key priority.
When paying for products or services provided by foreign companies, over half of U.S. enterprises use electronic checks and bank transfers. According to a survey from 2023, 56 percent of B2B companies based in the United States used eChecks for cross-border transactions. About the same percentage opted for bank transfers. However, the preference rate for eChecks was extremely low, at eight percent. The gap suggests that digital payment providers could expand their customer base, which appears interested in digital solutions. Over 50 percent of surveyed B2B professionals considered Most used and preferred cross-border payment methods among B2B companies in the United States in 2023
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Other statistics that may interest you B2B e-commerce in the United States
Overview
5
- Premium Statistic B2B e-commerce sales in the United States 2021-2027
- Premium Statistic Share of U.S. B2B sales via e-commerce 2020-2023
- Basic Statistic E-commerce share of B2B and B2C shipments, sales and revenues in the U.S. 2019-2021
- Premium Statistic B2B organizations' revenue share from digital channels in the U.S. 2021-2025
- Premium Statistic Leading B2B marketplace startups in the U.S. 2022, by capital raised
Wholesale and Manufacturing
5
- Premium Statistic Total and e-commerce U.S. merchant wholesale trade sales via MSBOs 2006-2022
- Premium Statistic Total and e-commerce wholesale trade sales including MSBOs in the U.S. 2006-2022
- Premium Statistic Total and e-commerce U.S. merchant wholesale trade sales excluding MSBOs 2006-2022
- Premium Statistic E-commerce share of total U.S. merchant wholesale trade sales incl MSBOs 2006-2022
- Premium Statistic E-commerce share of total U.S. merchant wholesale trade sales excl. MSBOs 2006-2022
Segments
6
- Premium Statistic E-commerce sales of machinery and equipment wholesale trade in the U.S. 2006-2022
- Basic Statistic E-commerce value of computer equipment wholesale merchant trade in the U.S. 2006-2022
- Basic Statistic E-commerce sales of U.S. motor vehicles and automotive equipment wholesale 2006-2022
- Premium Statistic E-commerce sales of furniture wholesale trade in the U.S. 2006-2022
- Premium Statistic E-commerce sales of apparel wholesale trade in the U.S. 2006-2022
- Basic Statistic E-commerce sales of electrical goods wholesale trade in the U.S. 2006-2022
Companies
8
- Premium Statistic Xometry annual revenue 2020-2022, by region
- Premium Statistic Xometry market capitalization value 2021-2024
- Premium Statistic Revenue of ACV Auctions in the United States Q1 2020-Q4 2023
- Premium Statistic ACV Auctions market capitalization value 2021-2024
- Premium Statistic Revenue of Fiverr 2020-2023, by geographic area
- Premium Statistic Fiverr market capitalization value 2019-2024
- Premium Statistic Revenue of marketplace Freightos Q3 2022-Q4 2023
- Premium Statistic Value of annual sales of the marketplace Zoro 2018-2023
Trends
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- Premium Statistic Use of AI in B2B e-commerce operations in the United States 2023
- Premium Statistic Channels B2B buyers use to discover products in the U.S. 2023
- Premium Statistic Most used B2B purchase channels in the U.S. 2023
- Premium Statistic B2B buyers wanting trade credit 2023
- Premium Statistic B2B companies prioritizing cross-border digital payments in the U.S. 2023
- Premium Statistic Popular cross-border B2B payment methods in the U.S. 2023
Further Content: You might find this interesting as well
Rapyd. (March 14, 2023). Most used and preferred cross-border payment methods among B2B companies in the United States in 2023 [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1454518/popular-cross-border-b2b-payment-methods-united-states/
Rapyd. "Most used and preferred cross-border payment methods among B2B companies in the United States in 2023." Chart. March 14, 2023. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1454518/popular-cross-border-b2b-payment-methods-united-states/
Rapyd. (2023). Most used and preferred cross-border payment methods among B2B companies in the United States in 2023. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1454518/popular-cross-border-b2b-payment-methods-united-states/
Rapyd. "Most Used and Preferred Cross-border Payment Methods among B2b Companies in The United States in 2023." Statista, Statista Inc., 14 Mar 2023, https://www.statista.com/statistics/1454518/popular-cross-border-b2b-payment-methods-united-states/
Rapyd, Most used and preferred cross-border payment methods among B2B companies in the United States in 2023 Statista, https://www.statista.com/statistics/1454518/popular-cross-border-b2b-payment-methods-united-states/ (last visited June 10, 2024)
Most used and preferred cross-border payment methods among B2B companies in the United States in 2023 [Graph], Rapyd, March 14, 2023. [Online]. Available: https://www.statista.com/statistics/1454518/popular-cross-border-b2b-payment-methods-united-states/