Deutsche Bank launches payments platform in Thailand

2C2P is Southeast Asia’s payments platform provider

Deutsche Bank Thailand

Deutsche Bank launches payments platform in Thailand. Source: shutterstock.com

Deutsche Bank has announced the launch of a payments platform for its clients in Thailand to facilitate local collections through 2C2P.

Through 2C2P’s platform, the bank’s corporate clients in Thailand will be able to maximize their business potential by collecting funds more efficiently 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.

Deutsche Bank’s corporate clients can also utilize 2C2P’s 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 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.

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
Chintan Shah, APAC Head of Corporate Cash Management at Deutsche Bank

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