Business-to-Business (B2B) Transactions

Business-to-Business (B2B) transactions occur when companies sell products, services, or goods directly to other companies rather than individual consumers. For example, a manufacturer selling parts to a car company or a software provider offering subscriptions to a corporation are B2B transactions. These transactions typically involve larger quantities, negotiated contracts, and relationships focused on supporting each other's business operations. B2B is fundamental to supply chains and commerce, enabling companies to acquire what they need to produce and deliver their products or services efficiently.