2C2Peasybills

2C2P
2C2P was founded in 2003 with an ambition to provide payment solutions tailored for the local needs of Asian and international businesses operating in Asia Pacific. Since inception the company managed to become the provider of choice for the major banking institutions as well as many largest merchants across the region.

History

Founded in 2003: 9 years of outstanding performance satisfying customers’ needs across the region

Business Today

Handling 78,000 transactions daily from largest merchants in Asia-Pacific. $450 million was processed by the company in 2011

2C2P customers include leading merchants and banks across Asia, including Nok Air, Lao Air and Deal.com.sg as well as United Overseas Bank, Kasikornbank, Thanachart Bank and TMB Bank.
3D Secure solution by 2C2P was implemented by 80% of Thailand’s issuing banks.
2C2P was the first payment company in Thailand to be certified by American Express SafeKey Protocol

Products

2C2P created a variety of payment solutions to help e-commerce and m-commerce merchants accept and make payments. Our next-generation payment systems work across borders, countries, currencies and meet all types of business needs.

- Payment Gateway is a platform that works with all credit card organizations worldwide, as well as with numerous acquiring banks across Asia. It is a simple and efficient way to access to all the necessary payment partners via a full-featured gateway that integrates seamlessly with your business.

- 1-2-3 is a platform that connects merchants to payment channels inside Thailand, which will allow “unbanked” customers to make cash purchases at tens of thousands of locations across the country.

- easyBills

- One-time card

- Enterprise Solutions

- Mobile Payment is a solution for cell phones that uses QR codes, Bluetooth, BUMP and other technologies to transfer money between different credit/debit cards without friction.

Security

2C2P is an international payment processor that works with all credit card organizations worldwide, as well as with numerous acquiring banks across Asia. We offer a simple and efficient way to access to all the necessary payment partners via a full-featured gateway that integrates seamlessly with your business. 2C2P’s intelligent payment routing, robust fraud management and detailed business intelligence mean accepting payments become simpler, safer and more efficient.
2C2P uses best-in-class payment security which combines transaction velocity, digital fingerprints and data analysis to reduce fraud rates to an average of 0.02% of transactions compared to an industry average between 0.5% and 2.0%.
Data security is central to 2C2P, with all payment data encrypted using SSL 128 bit technology. 2C2P products have been set up to comply with all relevant industry security standards under the Payment Card Industry Data Security Standard (PCIDSS), VISA 3-D Secure protocol, MasterCard SecureCode and JCB J/Secure standards. This ensures that you and your customers are protected from e-commerce fraud.

Fraud

Fraud is a risk inherent in any payment business. 2C2P solution is designed to identify and reduce the incidence of card fraud and minimize the damages due to default. 2C2P’s platform complies with the latest worldwide security technology and includes an integrated, robust and proactive fraud mitigation engine that allows you to track potentially fraudulent payments in real-time.

Notable Awards and Mentions

2C2P’s management and products have gained multiple accolades including:

- Global Mobile Internet Conference Innovation Show Grand Prize (2010)

- Nokia Calling All Innovators Grand Prize for Mobile Payment Terminal (2009)

- Red Herring Global and Asia Winner, Top 100 (2009)

References

1. https://www.dropbox.com/s/f69iqbdp4zd2jh9/20-influential-people-driving-payments-in-indochin.pdf
2. http://www.techinasia.com/thailand-unbanked-thailand-online-payments/
3. http://www.techinasia.com/ho-chi-minh-city-meetup-recap-video/
4. http://my.news.yahoo.com/2c2p-plans-solve-payment-problem-091050780.html
5. http://www.techinasia.com/2c2p-brings-online-payment-myanmar/
6. http://e27.co/payment-solutions-provider-2c2p-partners-myanmar-citizen-bank/
7. http://my.news.yahoo.com/2c2p-brings-online-payment-myanmar-173045947.html
8. http://www.techinasia.com/thailand-unbanked-thailand-online-payments/
9. http://bangkok.coconuts.co/features/no-card-no-problem-stage-is-set-for-revolution-in-thai-e-commerce
10. http://techcrunch.com/2010/05/30/geeksonaplance-at-the-gmic-and-chinict-tech-conferences-in-beijing-learnings-from-china/
11. http://sgentrepreneurs.com/2010/05/31/2c2p-wins-gmic-2010-innovation-show-in-beijing/
12. http://www.idm.sg/2c2p-wins-gmic-2010-innovation-show-in-beijing/
13. http://images.businessweek.com/ss/09/09/0911_asias_best_young_entrepreneurs/7.htm
14. http://sgentrepreneurs.com/2009/10/14/interview-with-aung-founder-of-2c2p/
15. http://sgentrepreneurs.com/2010/01/20/2c2p-wins-red-herring-top-100-global-companies-award/
16. http://www.idm.sg/2c2p-wins-red-herring-global-100-award/
17. http://www.youngupstarts.com/2010/01/20/2c2p-in-prestigious-red-herring-global-1000-award-list/
18. http://www.youngupstarts.com/2010/01/20/2c2p-in-prestigious-red-herring-global-1000-award-list/

External links

• Official site