2C2P

Overview

2C2P was founded in 2003 and is headquartered in Bangkok, Thailand. It is a leading payment gateway platform and card acquiring service in Southeast Asia, with over 20 years in the region's payments market. 2C2P supports acquiring for Visa, Mastercard, JCB, UnionPay, and Amex, and connects 50+ local payment methods through a unified API gateway.

2C2P's network covers Thailand, Singapore, Malaysia, Indonesia, the Philippines, Vietnam, and other key SE Asian markets, with cross-border processing capabilities. The platform processes billions of dollars in transaction value annually, serving e-commerce payments, offline POS acquiring, travel and airline payments, and digital goods subscriptions. In 2025, 2C2P deepened its partnership with Ant Group to strengthen Alipay+ acceptance across Southeast Asia.

Key Strengths

• Deep SE Asian localization: Supports 50+ local payment methods including TrueMoney, PromptPay, GCash, DANA, and 7-Eleven counter payments. Local payment method (LPM) coverage far exceeds international platforms like Stripe and Adyen, and can lift payment conversion by 15%-30% for merchants targeting SE Asian consumers.
• PCI DSS Level 1 compliance: Holds the highest PCI DSS Level 1 certification, supports 3DS 2.0 frictionless authentication and SCA, with an intelligent risk engine monitoring transactions in real time. Fraud loss rates stay below the industry average of 0.5%. See payment fraud prevention strategies.
• Flexible unified integration: Offers RESTful API, mobile SDK, and hosted payment page modes, with native plugins for Shopify, Magento, WooCommerce, and OpenCart that cut integration time from 2 weeks to 2 days.
• Multi-currency, multi-card processing: Supports 15+ transaction currencies (USD, THB, SGD, MYR, IDR, PHP, VND, etc.) and five major card schemes, so cross-border merchants avoid contracting with multiple acquirers.

Product Ecosystem

Payment Gateway

The core product is a unified payment gateway aggregating card payments, bank transfers, digital wallets, and offline cash channels. Merchants integrate once via a single API to accept local payments across SE Asian markets. Supports one-time payments, subscription recurring billing, and authorization-capture modes.

E-commerce Payment Plugins

Native plugins for Shopify, Magento, WooCommerce, OpenCart, and PrestaShop enable one-click acceptance of SE Asian local payment methods, making 2C2P a standard choice for regional e-commerce.

Offline Payments and POS Acquiring

Beyond online payments, 2C2P provides POS terminals, QR code payments, and counter payment solutions supporting TrueMoney Wallet scan-to-pay and PromptPay QR payments, suitable for O2O retail merchants.

Limitations

• Limited outside SE Asia: Brand recognition and service network are concentrated in Southeast Asia. For European or US market targets, Stripe or Adyen offer broader coverage.
• Limited Chinese support: Website and documentation are primarily in English and Thai, with no official Chinese documentation or Chinese-language support, slowing pre-sales responses for Chinese merchants.
• Higher rates for small merchants: At 2.5%-3.5% + fixed fees, the burden is higher than Stripe (2.9% + $0.30) for merchants processing under $10,000/month.
• Narrower value-added ecosystem: Compared to Stripe Connect or Billing, 2C2P offers fewer value-added services and limited ecosystem extensibility.

Use Cases

• SE Asian e-commerce acquiring (★★★★★): One of the strongest local payment gateways in SE Asia and the top choice for regional e-commerce.
• Cross-border into SE Asia （★★★★☆）: Foreign merchants can access multiple countries' local payments through one integration. See cross-border collection comparison.
• Global payments （★★★☆☆）: Pair with Stripe or Adyen to cover European and US markets.
• Small merchant startup （★★★☆☆）: Usable but rates are relatively high; compare with PayPal or Stripe at low volumes.

Pricing

Note: Volume-based pricing is available; contact sales for customized quotes. For more rate comparisons, see payment gateway rate comparison.

FAQ

• Is 2C2P suitable for Chinese merchants? 2C2P primarily serves SE Asian markets. If your business targets consumers in Thailand, the Philippines, or Indonesia, 2C2P offers better local payment coverage than Stripe; see cross-border collection comparison.

• Does 2C2P support CNY transactions? 2C2P supports multiple currencies but not direct CNY. Cross-border CNY collection can go through its Alipay+ channel or via Alipay.

• What is 2C2P's settlement cycle? Standard settlement is T+1 to T+3 business days depending on transaction type and risk review; high-volume merchants can negotiate faster settlement; see cross-border payment comparison.

• 2C2P vs Adyen for SE Asia? For SE Asia only, 2C2P offers more local payment methods at better rates. For SE Asia plus global coverage, Adyen provides a more unified one-stop solution.