2C2P unveils “easy2send” — a fast, secure, affordable and easy-to-use cross-border remittance service
Bangkok, August: 2C2P launches “easy2send” – a cross-border money transfer service in collaboration with both local and international partners. Easy2send helps facilitate cross-border transactions from Thailand to any countries and vice versa. This service is being governed under the remittance license from the Central Bank of Thailand. Users can make remittance requests at more than 10,000 payment outlets, with fees starting from as low as 99 Baht, 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 in neighboring countries, for instance, Wing Specialised Bank Cambodia.
“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). Recipients will receive money in their bank accounts, mobile wallets or cash at participating channels in the recipients’ countries, for example at Wing Money outlets in Cambodia.
Mr. Chhun Vattanak Phakdey, Chief Corporate Business Officer of Wing, asserted that through “easy2send”, “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 7,000+ Wing agents across the country.”
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. easy2send offers a faster, more affordable, secure, and convenient alternative to traditional remittance services. Users can pay at more than 10,000 payment locations in Thailand, while receivers will be able to enjoy almost real time receipt of money, or no later than the next working day depending on the country. easy2send service is available to the public from August 2019.
2C2P (www.2c2p.com) is a leading Southeast Asian (SEA) payment services provider providing comprehensive, Omni channel 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.
2C2P is a Payment Card Industry Data Security Standard (“PCI-DSS”) Level 1 certified company since 2010 with offices across Southeast Asia, Hong Kong, and the Netherlands.