“easy2send” – a fast, secure, cross-border remittance service launches
“easy2send” – a cross-border money transfer service was launched by 2C2P Thailand Co Ltd in collaboration with both local and international partners last week ( Bangkok, August 14, 2019). The service claims to be “fast, secure, easy to use and affordable.”
2C2P is is a Southeast Asian (SEA) payment services provider providing omnichannel payment services to financial institutions, e-commerce, and m-commerce businesses. 2C2P enables payment acceptance through credit and debit cards, as well as through alternative payment methods such as QR and wallet payment, Kiosk and ATM payment, internet and mobile banking, and cash payment over the counter. The company launched in 2010 and has offices across Southeast Asia, Hong Kong, and the Netherlands.
easy2send is a remittance service from 2C2P as licensed by the Central Bank of Thailand (BOT). It allows user to perform cross border money transfers or cross border payments, from Thailand to any country, or from any country to Thailand. Users can make remittance requests and intended recipients will receive their money in near real time.
Mr. Piyachart Ratanaprasartporn, Chief Executive Officer of 2C2P (Thailand) Co., Ltd., said, “Thailand is home to more than 2.1 million foreign workers and over 90% of them are Myanmar, Lao and Cambodian nationals. The number of expats in Thailand has also jumped significantly from the previous year with Japanese expats constituting the biggest increase of 4% from the previous year. The number of Chinese expats ranked second while the number of British and French expats are ranked 5th and 8th, with an increase of 23% and 17% respectively.”
To serve these foreign workers, 2C2P has teamed up with financial and non-financial institutions. “easy2send” membership registration is now open for Thais and all foreigners at all Thailand Post offices and easy2send agents. Members can perform cross border money transfers or cross border payments at over 10,000 payment outlets nationwide (123 agents).
This remittance service included 2C2P establishing partnership with Hong Kong and mainland China’s LitePay, UK-based KogoPay and Thailand Post, as well as Myanmar’s CB Bank and Cambodia’s Wing Money.
Mr. Liu Yi Fu, Chief Operating Officer of LitePay said, “As a Hong Kong money service operator (MSO), we are very excited about this partnership with 2C2P. We hope this will further strengthen the capacity of cross border payment service to another level.”
Dr. Narisa Chauvidul-Aw, CEO and Founder of KogoPAY group said, “Congratulations to 2C2P. We are delighted to be working with 2C2P at this important next stage of our development. KogoPay has been building experience in international payments in the UK since 2015. As a startup mobile payment company with licenses in the UK and Europe, our partnership with 2C2P will help us progress to the next level within the FinTech sector. Our partnership with 2C2P will support us as we deliver a new digital platform and mobile wallet, for cross border payments between Europe and Asia.”
Mr. Chhun Vattanak Phakdey, Chief Corporate Business Officer of Wing, added that “Cambodian workers in Thailand would be served with a fast, convenient and assured service. Through this initiative, our Wing’s agents are now ready to serve beneficiaries in Cambodia for their cash-out requirement at all 6,000+ Wing agents across the country.”
Source: 2C2P (Thailand) Co., Ltd.