Definition ∞ B2B transfers refer to financial transactions conducted directly between two businesses. These transfers typically involve payments for goods, services, or intercompany settlements. In the digital economy, B2B transfers often leverage advanced payment systems for greater speed and cost-efficiency. They represent a significant portion of global economic activity.
Context ∞ B2B transfers are a central topic in discussions about modernizing corporate finance and payment systems, particularly with the advent of blockchain technology. News frequently highlights how digital assets and distributed ledger solutions could expedite these transfers, reducing intermediaries and associated fees. A critical future development involves the widespread adoption of real-time, cross-border B2B payment protocols.