2C2P Payment Gateway: A Comprehensive Review
Introduction to 2C2P
2C2P is a prominent FinTech company headquartered in Singapore, offering a comprehensive suite of payment solutions. Founded in 2003 in Bangkok, Thailand, by Aung Kyaw Moe, the company has grown into a major player in the digital payments industry. 2C2P facilitates secure payment acceptance for businesses across online, mobile, and offline channels, serving a diverse clientele, from tech giants to established retailers.
History and Growth of 2C2P
Founded in 2003, 2C2P has achieved significant milestones, including securing seed investment in 2009, launching innovative payment methods, and partnering with major corporations. The company's commitment to innovation is evident in initiatives like 2C2P.VC, its investment arm, and its participation in the Bank of Thailand's retail CBDC pilot program.
Regulatory Compliance and Licenses
2C2P operates under the oversight of regulatory bodies like the MRC, IATA, and EMVCo. The company holds necessary payment licenses in each market it operates and maintains PCI-DSS Level One compliance, ensuring adherence to industry best practices and legal requirements.
2C2P Services and Products
Payment Processing Solutions
2C2P offers a wide range of payment processing services, supporting over 250 payment methods and 45 currencies. These services cater to diverse business needs, facilitating seamless transactions across various channels.
Merchant Services
2C2P provides tailored merchant solutions, including POS systems and online payment gateways, offering benefits like enhanced security, convenient payment options, and scalability for growing businesses.
Digital Wallet Integration
While primarily a payment infrastructure provider, 2C2P's technology supports digital wallet functionalities, such as mobile top-ups, ticket purchases, and access to other digital goods and services.
Key Features of 2C2P
Security and Fraud Protection
2C2P prioritizes security with robust protocols like data encryption and 2FA. Advanced fraud monitoring tools and PCI-DSS Level One compliance ensure secure transactions and protect sensitive data.
Integration and Compatibility
2C2P's payment gateway integrates seamlessly with various e-commerce platforms and third-party services, simplifying the integration process for businesses.
Speed and Reliability
Leveraging Amazon Web Services (AWS) infrastructure, 2C2P ensures high uptime, fast processing speeds, and reliable performance, even with high transaction volumes.
Pricing and Fees
2C2P's transaction fees vary based on payment method and volume. Additional fees, such as setup costs or monthly subscriptions, may apply depending on the specific services. Businesses should contact 2C2P for detailed pricing information.
Customer Support
2C2P offers 24/7 customer support via phone, email, and live chat. Multilingual assistance is also available to cater to a diverse customer base.
Pros and Cons of 2C2P
Pros
- Robust security measures
- Seamless integration
- Reliable performance
- Scalability
- Global reach
Cons
- Potential learning curve due to extensive features
- Pricing structure requires careful review
Conclusion
2C2P offers a comprehensive and secure payment solution ideal for businesses, especially those targeting emerging markets. Its robust features, global reach, and extensive payment method support make it a compelling choice.
Frequently Asked Questions (FAQs)
- What services does 2C2P offer?
2C2P provides payment processing, issuing, payout, remittance, digital goods services, gateways, and merchant services.
- What payment methods are supported?
2C2P supports over 250 payment methods, including electronic payments, mobile wallets, QR codes, credit cards, and offline payments.
- How does 2C2P ensure security?
2C2P uses encryption, 2FA, fraud monitoring, and is PCI-DSS Level One compliant.
- How do I get started with 2C2P?
Contact 2C2P directly for onboarding assistance, pricing details, and integration support.
