Tech
2C2P’s Online-To-Offline E-commerce Service ‘123’ Now Available At Over 320,000 Locations
2C2P, the leading Southeast Asian payments company, has announced 320,000 offline payment locations for its ‘123’ payment solution. ‘123’ is an alternative payment service. Through it, consumers of 2C2P’s merchants across Southeast Asia (SEA) can pay for their online purchases with cash or alternate means at these 320,000 offline payment locations.
The payment locations include 12k+ new locations in Myanmar this year, making 123 Southeast Asia’s largest O2O Network.
What it is
‘123’ is an alternative payment service which allows consumers across Southeast Asia (SEA) to pay for their online purchases at over 320,000 offline payment locations across Southeast Asia (including retail chains, electronic kiosks, agent networks, bank branches, ATMs, internet banking, mobile banking, direct debit)
2C2P’s merchant partners include some of the largest online retailers across Southeast Asia, spanning the travel and tourism, retail, food and beverage and hospitality industries, among others. 123 enables these online retailers to bring online commerce to the region’s unbanked population which, according to KPMG, spanned 73 per cent of the region’s population, or 438 million people.
How it works
At online check-out, consumers…
Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.
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