Best B2B Payment Platforms & Solutions in 2025

Every year, trillions of dollars move across borders through B2B payments. The global B2B payments market is projected to reach an estimated $97.88 trillion by 2025; yet, despite its sheer scale, many businesses still face delayed settlements, high wire fees, and complex reconciliation processes. Slow payments can choke cash flow, making it harder for companies to reinvest in growth, manage operations, and serve customers on time.

While many businesses still rely on traditional methods like paper checks and manual invoicing, the shift to digital payments and electronic payments is reshaping the payment process in the digital age.

The solution? Choosing the right B2B payment platform, one that not only processes transactions but also simplifies compliance, improves margins, and integrates seamlessly with the way you do business.

In this guide, we’ll break down the best B2B payment platforms of 2025, from small business-friendly solutions to enterprise-grade systems and wholesale-focused platforms like WizPay by WizCommerce.

What are B2B payment platforms?

A B2B payment platform is software that enables businesses to send, receive, and reconcile payments from other businesses. B2B payment platforms are built to handle large financial transactions, support multiple types of payments, and integrate with complex payment systems that businesses already use. Unlike consumer-facing (B2C) apps such as Venmo or Cash App, these platforms are designed to handle large transaction volumes, complex terms, and compliance requirements.

Common B2B payment methods:

• ACH transfers (Automated Clearing House): low-cost electronic bank transfers in the U.S. 
• Credit & debit cards: widely accepted but can involve higher processing fees.
• Wire transfers: fast but costly for international payments.
• Digital wallets: PayPal, Wise, and others simplify cross-border transactions.
• Real-time payments (RTP): instant bank-to-bank transfers, becoming mainstream in 2025.

How they differ from B2C platforms:

• B2B payment platforms are engineered differently because business needs are fundamentally different. While consumer payments are typically small, immediate, and straightforward, B2B transactions involve larger amounts, custom terms, and complex approval workflows.
• B2B platforms support features like Net 30/60/90 payment terms, multi-level approval processes, detailed invoice matching, and integration with accounting systems. They also handle bulk payments, recurring billing for subscriptions, and multi-currency transactions for global businesses.
• Most importantly, B2B platforms provide the audit trails and compliance features that businesses need for tax reporting, financial audits, and regulatory requirements; something consumer payment apps simply aren’t designed to handle.

Why B2B payment platforms are critical in 2025?

Reducing transaction fees, improving the customer experience, and minimizing late payments are major priorities for businesses. With rising security concerns and tighter data protection laws, companies need platforms that deliver both compliance and trust.

1. Faster quote-to-cash cycles

Businesses can no longer afford long settlement periods. Real-time payments and embedded finance tools ensure deals close quickly, keeping cash flowing.

2. Cost efficiency and margin protection

Digital-first platforms reduce reliance on costly wire transfers. They offer smart routing, allowing businesses to choose the cheapest payment rails.

3. Fraud prevention and compliance

AI-driven fraud detection and PCI-DSS compliance have become table stakes. With rising cyber risks, this is non-negotiable.

4. Scalability for global commerce

Cross-border trade is growing, and businesses need multi-currency support, bulk payment automation, and transparent FX fees.

5. Flexible payment options

“Buy Now, Pay Later” (BNPL) and digital credit terms are revolutionizing B2B transactions. Platforms now enable sellers to offer flexibility without hurting their own cash flow.

Since the right payment solution often depends on your underlying ecommerce model, see how different B2B ecommerce models work, and their pros and cons..

Top B2B payment platforms in 2025

1. WizPay by WizCommerce

Best for: Wholesalers, distributors, and manufacturers requiring integrated payment solutions tied to catalogs, orders, and customer-specific terms.

Key features: 

• Secure payments: WizPay provides secure storage for bank and card details using advanced encryption and tokenization, adhering to PCI-DSS compliance.
• Multiple payment methods: The platform supports various payment options, including ACH transfers, credit/debit cards, cash records, and flexible credit terms.

• Refund & card management: The system efficiently handles full and partial refunds and automatically updates expired card information to ensure uninterrupted service.
• Seamless integration: WizPay integrates seamlessly with WizShop and WizOrder, creating a complete B2B commerce ecosystem from catalog to payment.

Impact: Businesses using WizPay report 30% faster quote-to-cash cycles and benefit from 99.99 percent platform uptime, ensuring reliable payment processing when it matters most.

Pricing: Custom pricing tailored to your specific business needs.

2. Stripe

Best for: Global companies requiring international payment processing with extensive customization capabilities.

Key features: 

• Robust APIs: Stripe provides powerful APIs for developers to build custom payment solutions.
• Global payments: The platform supports over 135 currencies and a wide range of local payment methods.
• Fraud detection: Its machine-learning-powered system analyzes billions of transactions to prevent fraud.
• Advanced analytics: Stripe offers detailed reporting and analytics tools for insights into payment data and customer behavior.

Pricing: Starting at 2.9% + 30¢ per transaction, with volume discounts available for high-volume merchants.

3. Paypal business

Best for: Small to medium businesses seeking trusted, easy-to-implement payment solutions.

Key features: 

• Brand recognition & trust: Instant trust from customers can boost conversion rates.
• Buyer & seller protection: Reduces transaction risks through dedicated protection programs.
• Flexible integration: Offers website buttons, mobile SDKs, and APIs for custom payment solutions.
• Subscription management: Supports recurring billing and international payments with competitive currency rates.
• Dispute resolution: Provides a system to manage chargebacks and customer complaints efficiently.

Pricing: Standard rates start at 2.9% plus a fixed fee that varies by country and payment method.

4. Bill.com 

Best for: Businesses looking to automate their accounts payable and receivable processes.

Key features: 

• Intelligent automation: Streamlines back-office financial operations.
• Workflow & compliance: Digitizes invoices, automates approval workflows, and provides audit trails.
• Seamless integration: Integrates with popular accounting software like QuickBooks, NetSuite, and Sage.
• Vendor & payment management: Provides comprehensive vendor tools and supports various payment methods, including ACH, checks, and international transfers.

Pricing: Plans start at $45 per month for basic features, with additional costs for transactions and advanced features.

5. Veem

Best for: Businesses making frequent international B2B payments and requiring transparent, cost-effective foreign exchange.

Key features: 

• Cross-border payments: Simplifies international payments with competitive exchange rates and transparent fees.
• Real-time tracking: Offers real-time tracking of international transfers with added payment protection.
• Multi-currency accounts: Allows businesses to hold and manage funds in various currencies to reduce conversion costs.
• Accounting integration: Integrates with accounting software and provides detailed reporting for easy financial reconciliation.

Pricing: Fees range from 0.8% to 2% depending on the payment method and destination country.

6. Adyen

Best for: Large enterprises requiring a unified payment platform with advanced analytics and global reach.

Key features: 

• Unified commerce: Processes online, mobile, and point-of-sale payments from a single platform.
• Global reach & optimization: Supports over 250 payment methods and uses advanced routing to boost transaction success.
• Real-time insights: Provides real-time data and analytics to understand payment performance and customer behavior.
• Fraud & platform support: Includes comprehensive fraud prevention and supports complex business models like marketplaces.

Pricing: Custom pricing based on volume and specific requirements, typically involving monthly fees plus transaction-based charges.

7. Square

Best for: Small to medium enterprises, particularly those with both online and offline sales channels.

Key Features: 

• Integrated POS: Provides a synchronized point-of-sale system for both in-person and online payments.
• Business management: Includes inventory management, customer relationship tools, and sales reporting.
• Mobile payments: Allows businesses to accept payments anywhere using mobile devices.
• Ecosystem of tools: Offers additional services like payroll, loans, and marketing.

Pricing: Online payments start at 2.6% + 10¢ per transaction, with different rates for in-person transactions.

8. Wise business

Best for: Businesses requiring frequent international payments with transparent, mid-market exchange rates.

Key features: 

• Cost-effective transfers: Offers real mid-market exchange rates for transparent and affordable international payments.
• Multi-currency accounts: Allows businesses to hold, manage, and receive funds in multiple currencies.
• Batch payments: Enables efficient payment to multiple recipients at once.
• Accounting integration: Connects with accounting software to streamline reporting and reconciliation.

Pricing: Fees range from 0.41% to 2% depending on the currency pair and payment method.

9. Rapyd 

Best for: Fintech companies and platforms looking to embed payment capabilities into their existing products.

Key features: 

• Fintech infrastructure: Provides tools for businesses to embed financial services into their platforms.
• Global payments & services: Supports local payment methods in over 100 countries, with services like wallets and card issuing.
• API-first approach: Allows for deep customization and seamless integration with existing business systems.
• Regulatory compliance: Manages regulatory requirements across different jurisdictions to simplify global expansion.

Pricing: Custom pricing based on specific use cases and transaction volumes.

10. American express

Best for: Businesses requiring corporate credit solutions and comprehensive expense management.

Key features: 

• Corporate cards: Provides corporate credit cards with flexible payment terms and expense management tools.
• Spending control: Offers detailed transaction reports and controls for employee spending.
• Reward programs: Provides rewards and cash-back options to help businesses save money.
• Business benefits: Includes travel and entertainment benefits that are appealing to business customers.

Pricing: Varies based on card type and business requirements, typically involving annual fees and interest rates for carried balances.

How to choose the right B2B payment platform?

Selecting the optimal B2B payment platform requires careful consideration of your business model, transaction volume, and specific operational needs.

• For small businesses: Focus on platforms offering easy setup processes, transparent pricing structures, and low minimum fees. PayPal Business and Square provide excellent starting points with their user-friendly interfaces and established market presence. These platforms typically require minimal technical expertise while offering essential features like invoicing, recurring billing, and basic reporting. We’ve elaborated on this in our blog on the best payment options for small businesses.
• For growing B2B ecommerce and wholesale operations: Look for platforms that integrate seamlessly with existing catalog systems, support custom pricing structures, and accommodate flexible payment terms. WizPay by WizCommerce excels in this category by specifically addressing wholesale workflow requirements, including credit term management, bulk order processing, and ERP system integration.
• For enterprise operations: Prioritize platforms offering extensive scalability, global reach, and robust API capabilities. Adyen, Stripe, and Rapyd provide enterprise-grade solutions with advanced analytics, comprehensive fraud prevention, and the ability to handle high transaction volumes across multiple markets.

The best option depends on your unique needs. Smaller businesses may prioritize simple payment services with low fees, while enterprises look for a global financial platform that integrates with financial institutions and scales with their growth. The right solution frees up resources for strategic activities instead of manual reconciliation. Leading payments companies now combine advanced compliance with flexible customization.

How to set up online payments for your business?

Setting up B2B payments doesn’t have to be complicated. Follow these four essential steps to get your business processing payments efficiently:

Step 1: Choose a platform that fits your business model

Small businesses need simplicity and low fees; solutions like PayPal Business or Square work well for straightforward transactions. Growing B2B companies and distributors require integrated catalogs, custom pricing, and flexible credit terms. Enterprises need global reach, advanced APIs, and multi-currency support.

Step 2: Integrate with accounting/ERP systems

Seamless data flow between your payment platform and existing systems eliminates manual data entry and reduces errors. Look for platforms with pre-built connectors to your ERP, CRM, and accounting software. This integration ensures automatic invoice matching and real-time financial reporting.

Step 3: Set payment terms and compliance standards

Configure your credit terms, approval workflows, and compliance settings upfront. Establish clear policies for payment deadlines, late fees, and dispute resolution. Ensure your platform meets industry standards like PCI-DSS and supports the documentation requirements for your business.

Step 4: Train teams and customers for smooth adoption

Internal training ensures your sales and finance teams can maximize platform features. Customer onboarding is equally important; provide clear instructions and support to help buyers adapt to new payment methods.

For wholesale businesses, WizPay streamlines this entire process with dedicated setup support, pre-configured wholesale workflows, and seamless integration with existing B2B commerce platforms. Most wholesale distributors are processing payments within days, not weeks.

Conclusion

The best B2B payment platform isn’t one-size-fits-all; it depends on your business model and growth stage. Small businesses benefit from the simplicity of PayPal Business or Square. Growing enterprises need the global capabilities of Stripe or Adyen.

But if you’re in wholesale or distribution, generic payment platforms often fall short. They lack the deep integration with catalogs, custom pricing, and trade-specific workflows that wholesale businesses require daily.

WizPay by WizCommerce bridges this gap. Built specifically for wholesale and distribution workflows, it integrates seamlessly with your existing B2B commerce operations, supports complex credit terms, and provides the cash reconciliation features that wholesale businesses need.

Ready to speed up your cash flow? WizPay, a wholesale-specific payment solution, can transform your business operations and accelerate your quote-to-cash cycles. Book a demo today and let us show you how.

FAQs

1. What are the platforms for B2B payments?

Popular B2B payment platforms include Stripe, PayPal Business, Bill.com, Veem, Adyen, Square, Wise Business, Rapyd, American Express, and WizPay by WizCommerce.

2. What is the best B2B payment processing platform?

The best B2B payment platform depends on your needs: Stripe is top for global businesses, PayPal suits small businesses, and WizPay by WizCommerce is ideal for wholesalers and distributors needing specialized workflows.

3. How do you make a B2B payment?

B2B payments can be made via ACH transfers, credit cards, wire transfers, digital wallets, or integrated solutions like WizPay, offering speed, security, and easy reconciliation.

4. What is the fastest-growing payment method?

Real-time payments and embedded finance solutions are the fastest-growing B2B payment methods in 2025, delivering instant settlements and improved cash flow.

5. What is the best way for a small business to accept payments?

Platforms like PayPal Business or Square offer small businesses easy setup, low fees, and flexible payment methods, making it simple to accept B2B payments online or in person.

6. What is the strongest current trend in payment processing?

The strongest current trends in payment processing are the rapid adoption of real-time payments (RTP) and embedded finance solutions. These methods are gaining popularity because they offer instant settlements, which significantly improves cash flow for businesses. 

7. How to set up online payments for a small business?

To set up online payments, a small business should first choose a user-friendly platform with low fees, like PayPal Business or Square. The next steps involve integrating the platform with existing accounting or ERP systems, establishing clear payment terms, and training teams for a smooth transition. 

8. Which payment processor is best for a small business?

The best payment processors for small businesses are typically PayPal Business and Square. They are recommended for their easy setup processes, transparent pricing, and user-friendly interfaces.