2C2P Pte Ltd, a Southeast Asian full-suite payments platform, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019.

The license allows 2C2P to provide domestic money transfer services, cross-border money transfer services, and merchant acquisition services to businesses operating in Singapore.

“This marks a significant milestone for 2C2P and we look forward to expanding our services and advancing access to meet the ever-changing needs of our local merchants in Singapore and across Southeast Asia,”

said Agnes Chua, Country Manager of 2C2P Singapore.

Founded in 2003, 2C2P is among the early players in Southeast Asia’s payments sector.

Since 2022, it has been part of Ant International’s Antom, a global merchant payment and digitalisation services provider.

“We are excited to build upon our existing payment offerings to provide a more comprehensive payments coverage for our merchants in Singapore and across Southeast Asia, through partnering with Antom as well as local and regional financial institutions. By leveraging the combined local expertise and world-class technologies of Antom and 2C2P, we aim to empower businesses of all sizes and provide a trusted and seamless payment experience for customers anywhere and anytime,”

Chua added.

In March 2025, 2C2P also released its annual whitepaper on the Southeast Asian digital payments landscape, underlining its continuing research and role in the region.

Featured image credit: MAS