Deutsche Bank Teams up with 2C2P in Thailand

Deutsche Bank, the leading German bank with strong European roots and a global network, today announced the launch of a state-of-the-art payments platform for its clients in Thailand to facilitate local collections through 2C2P, a Singapore-headquartered global payments platform.

With 2C2P’s platform, the bank’s corporate clients in Thailand will be able to maximise their business potential by collecting funds more efficiently and conveniently through an extensive range of online banking and non-banking channels, including internet and mobile banking, ATM and branches, as well as mobile payment options such as True Money, LINE Pay, Alipay, WeChat Pay and PromptPay. 

In addition, the bank’s corporate clients can also utilise 2C2P’s diverse payment features such as instalment payments, recurring payments and multi-currency converters to suit the needs of their business models. They are also benefit from 2C2P’s other services such as card and wallet issuing as well as digital bills aggregation.

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 this process, the funds will be directly auto-credited to a Deutsche Bank account. 

Chintan Shah, APAC Head of Corporate Cash Management at Deutsche Bank, commented: “This platform addresses emerging client needs in the rapidly changing payment landscape in Thailand and we are confident that by making this new collection tool available to our clients, they will see the direct benefits, notably by being able to boost their business performance through a direct sales model. ASEAN is a key market for us and we are committed to continuing to bring more innovative solutions to our clients in this fast-growing part of the world.”