2C2P to launch online payment solutions in Myanmar

Eden Estopace
21 Jul 2014
00:00

Southeast Asian payment solutions provider 2C2P and Myanmar’s online solutions provider Creative Web Studio are collaborating to deliver integrated payment solutions in Myanmar.

The enhanced transaction and payment infrastructure for online sales is expected to support the booming Myanmar travel and tourism sector.

Creative Web Studio will integrate 2C2P’s online payment solutions into Myanmar merchants’ operations, providing secure, internationally-linked payment processing capabilities.

With the integrated services, merchants will be able to more rapidly process transactions online, while tourists will be able to transact on merchants’ websites using most international credit and debit cards recognized and accepted by 2C2P’s payment gateway.

Research firm New Crossroads Asia has forecast tourist arrivals in Myanmar will grow at a compound annual growth rate (CAGR) of 25% from 2013 to 2020.

“This is an important step towards integrating Myanmar more extensively with the global economy. 2C2P will do its part to modernize the nation’s payments infrastructure,” said said Aung Kyaw Moe, Founder and Group CEO of 2C2P.

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