Edison, NJ -- (SBWIRE) -- 05/07/2021 -- Advance Market Analytics published a new research publication on "B2B Virtual Card Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the B2B Virtual Card market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Abine, Inc. (United States), American Express (United States), Billtrust, Inc. (United States), Cryptopay (United Kingdom), CSI (Corporate Spending Innovations) (United States), DiviPay (Australia), Emburse (United States), Fraedom (United Kingdom), JP Morgan Chase (United States), Marqeta (United States).
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Scope of the Report of B2B Virtual Card
A virtual card is a secure way to pay for goods and services without having to issue physical cards to employees. B2B virtual cards improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows. These cards have enhanced security, compared to other credit cards and payment methods. B2B virtual card market is driven by exploding mobile device usage, as the payment method can only be used for designated scenarios, such as AP payments and online or mobile purchases.
The titled segments and sub-section of the market are illuminated below:
by Application (Food, Beverage, Wine, Spirits, Household, Personal Care, Promotional, Industrial, Medical), Technology (Wi-Fi, API), Enterprise (Small and Medium Sized Enterprises, Large Enterprises)
The B2B Virtual Card Market report provides a basic overview of the industry including its definition, geography segment, end use/application segment and competitor segment and manufacturing technology. Then, the report explores the international major industry players in detail.
Market Trends:
Advancements in the Virtual Cards
Opportunities:
Growing Demand from End-users
Adoption of Digitalization by Enterprises
Market Drivers:
Increased Penetration of the Internet
Promotional Activities for B2B Virtual Cards
Challenges:
Cyber Attacks Causing Harm to the Market
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global B2B Virtual Card Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the B2B Virtual Card market
Chapter 2: Exclusive Summary – the basic information of the B2B Virtual Card Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the B2B Virtual Card
Chapter 4: Presenting the B2B Virtual Card Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the B2B Virtual Card market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, B2B Virtual Card Market is a valuable source of guidance for individuals and companies.
Research Methodology:
- The top-down and bottom-up approaches are used to estimate and validate the size of the global B2B Virtual Card
- In order to reach an exhaustive list of functional and relevant players who offer B2B Virtual Card various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies.
- Thereafter, a thorough validation test is conducted to reach most relevant players specifically having product line i.e. B2B Virtual Card.
- In order to make priority list sorting is done based on revenue generation as per latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
- Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment. This helps us to gather the data for the players' revenue, profit, products, growth etc.
- Almost 80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, Annual reports, press releases etc.
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