B2B payments account for $120 trillion in payment volume, yet only 7% of transactions are conducted digitally. Paper checks and ACH have typically been the hallmark of B2B payments. But the tide is shifting, thanks to the rise of online commerce, the digitalization of payments and Gen Z purchasing preferences. Experts believe that B2B payments are at an important inflection point in system and process modernization, creating a completely untapped market for software vendors, gateways and new payment platforms.