Boston, June 29, 2017 – Despite their already strong performance, e-payables appear to be ready for even more robust growth over the coming three to five years. By the end of 2021, e-payables stand to be the largest component of overall U.S. commercial card revenue, eclipsing both procurement cards and travel and entertainment combined.
Based primarily on information supplied by eight of the leading e-payables solution technology providers and on conversations with key stakeholders from financial institutions during Q2 2017, this research analyzes the e-payables market, pinpoints the key drivers of growth, and forecasts the size of this market over the next few years.
This 20-page Impact Note contains seven figures and two tables. Clients of Aite Group’s Wholesale Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions American Express, AOC Solutions, Billtrust, Boost, Bora, Bottomline Technologies, Comdata, CSI, First Data, FIS, Mastercard, TSYS, and Visa.