Deutsche Bank launches payments platform in Thailand
Partnership with 2C2P to facilitate local collections of corporate clients
18 Feb 2021 | The Asset

Deutsche Bank has launched a payments platform for its clients in Thailand to facilitate local collections through Southeast Asian payments platform provider 2C2P. The platform will allow the bank’s corporate clients in the country to collect funds more efficiently and conveniently through an extensive range of online banking and non-banking channels. These include internet and mobile banking, ATM and branches, as well as mobile payment options such as True Money, LINE Pay, Alipay, WeChat Pay and PromptPay.

Clients can also use 2C2P’s diverse payment features such as installment payments, recurring payments and multi-currency converters to suit the needs of their business models.

Once the preferred payment channel is selected, payment orders will be securely processed through 2C2P’s system with real-time data available for corporate clients to monitor and perform post-sales activities. Upon completion of the process, the funds will be directly auto-credited to a Deutsche Bank account.

Clients can also avail themselves of 2C2P’s other services such as card and wallet issuing as well as digital bills aggregation.

With headquarters in Singapore and Bangkok, 2C2P has a payments network reach of more than 400,000 touchpoints across Asia, regional coverage in 10 markets, and partnerships with over 30 financial institutions worldwide.

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