2C2P Forges Partnerships in Vietnam and Cambodia in Expansion Push

by Fintech News Singapore September 27, 2021

2C2P a payments platform today announced new partnerships in Vietnam and Cambodia to expand its Thai cross-border remittance service, easy2send.

In Vietnam 2C2P will team up with Sai Gon Joint Stock Commercial Bank (SCB), one of Vietnam’s top five joint stock commercial banks by assets. Meanwhile in Cambodia 2C2P will work with eMoney Payment Solutions, one of the nation’s leading mobile wallet providers.

With the latest partnerships, they said users will be able to access a convenient, affordable, secure and nearly instant money transfer service from Thailand to Vietnam as well as Cambodia.

Currently, there are 1.8 million Cambodians and more than 100,000 Vietnamese reported to be living and working in Thailand.

Users can top up their wallets at more than 10,000 payment points in Thailand (running on 2C2P’s 123 payment network) such as Lotus, Big C, Familymart and via the local leading banks Bangkok Bank, Krungsri Bank, Kasikorn Bank, Siam Commercial Bank and Government Savings Bank. Transactions also start at a low fee of 99 baht.

Mr. Piyachart Ratanaprasartporn, Chief Executive Officer of 2C2P Thailand, said,

Piyachart Tay Ratanaprasartporn

“This year, we aim to expand our customer base to both Vietnamese and Cambodians in Thailand, the business sector, import-export traders, families and students. We are honoured to have teamed up with Sai Gon Joint Stock Commercial Bank (SCB) and eMoney to provide a top-notch remittance experience for the many Vietnamese and Khmers living in Thailand or operating cross-border businesses.

These partnerships are crucial to our overall objective of increasing payments efficiency and access across borders and ultimately benefiting the everyday lives of people, living and doing business across borders.”