2C2P is a Singapore-based company based in Asia that works with financial institutions, e-commerce and m-commerce traders. It operates in Southeast Asia, including Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines and Thailand, as well as Hong Kong.
2C2P was founded in 2003 by Aung Kyaw Moe, a Myanmar entrepreneur based in Singapore and Thailand. Also in 2004, Aung co-founded Paysbuy, a Thai payment company.
The company has processed more than $ 2.2 billion in FY2014 transactions. 2C2P has received financial support from venture capitalists Amun Capital, GMO Venture Partners and Digital Media Partners. 2C2P has selected Deloitte as 100 at the Deloitte Technology Fast 500 in 2013, recognizing the fastest growing regional technology companies. In 2015, he was named among the Top 25 CB Insights payment startups, next to Square Inc., Stripe (Adyen).
Company Name means “To Cash To Payment”.
The 2C2P offers multi-channel payment platforms, payment gateways and other white payment solutions. Services include span local and international payment card acceptance, issuing prepaid cards and accepting cash and cash equivalent solutions, such as 123 payments.
123, an alternative payment service, allows customers to pay for online purchases through cashless payments in their service network of more than 320,000 locations across Southeast Asia.
AIS mPay MasterCard, a virtual payment card in Thailand, offered together with Advanced mPay (AIS), MasterCard and Thanachart Bank.
iACCEPT, a mobile sales system in Myanmar that allows guests at The Inya Lake Hotel and Strand Hotel to pay their hotel bills via mobile devices offered with Myanmar Citizens Bank and Myanmar Hotels International.
“EasyBills”, the first financial service in Thailand that allows cardholders to make payments through online payments or mobile devices that are provided with the MasterCard. EasyBills was also launched in Myanmar in June 2015.