Connect with us

Tech

2C2P’s Online-To-Offline E-commerce Service ‘123’ Now Available At Over 320,000 Locations

Avatar

Published

on

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.

2c2p-123-service

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…

Read the complete story here

Techsauce is the partnership of two titans in the Thai technology startup industry between Thumbsup, the leading technology media in Thailand and HUBBA, the biggest coworking space network in Thailand.

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Ecommerce

E-commerce in ASEAN: Digital technology and players

The 50 most-funded e-commerce start-ups in ASEAN have raised $12.6 billion as of July 2019, with most of the funding raised in the last two years

Avatar

Published

on

E-commerce has been the most dynamic segment of the Internet economy in ASEAN over the past three years. The value of e-commerce rose four-fold, from $5.5 billion in 2015 to more than $23 billion in 2018.

(more…)

Continue Reading

Ecommerce

Southeast Asia’s internet economy hits $100 billion

The two pacesetters in the region are Indonesia and Vietnam, which lead the pack with growth rates in excess of 40% a year.

Avatar

Published

on

The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by between 20% and 30% annually, with no signs of slowing down, according to Google and Temasek multi-year research program. 

(more…)

Continue Reading

Banking

Innovative Asian Blockchain Companies Who Are Taking Over

The acceptance and regulation of cryptocurrency in Asia may be polarised depending on location, but one thing is for sure. Companies spanning the whole of Asia value blockchain technology and are putting it to good use.

Avatar

Published

on

Asia has always been at the forefront of technological innovation, and that is no different when it comes to blockchain technology. What was primarily developed to make peer-to-peer payments easier has now merged into new areas.

(more…)

Continue Reading

Most Read

Upcoming Events

Wed 13

Digital Marketing Summit Asia 2019

November 11 - November 15
Fri 15

TCSD Cybersecurity Conference 2019

November 15 @ 9:30 am - 5:00 pm BMT
Wed 27

The Future Energy Show Thailand

November 27 @ 10:00 am - November 28 @ 5:30 pm BMT
Dec 02

Top Food science conference 2019

December 2 @ 9:00 am - December 3 @ 5:00 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 11,770 other subscribers

Trending