2C2P (Thailand) is joining hands with five partners to provide QR Gateway, a service that allows customers to pay for products and service fee charges via QR code payment.
Under the service, which will start this month, the company expects to create more than 10 million e-payment transactions with a value of more than US$2.5 billion by the end of this year.
Piyachart Ratanaprasartporn, chief executive officer of 2C2P (Thailand), said the firm has partnerships with Central Department Store, Thai Airways International, Muang Thai Insurance, and Major Cineplex Group and Thailand Post in order to allow their customers pay for products and services fee charge via QR code payment. These efforts support the development of a cashless society, Piyachart said .
Customers who hold Visa and MasterCard credit cards will also be able to pay for products and services via QR code payment from this month. For customers who hold UnionPay, American Express and JCB cards, they will be able to use these services in the next step of development.
The firm believes that QR code payments will increase convenience for customers across the country.
The firm last year provided e-payment gateway and e-payment transactions to support more than 10 million transactions and created value of around US$2.5 billion in Thailand. The firm expects that by the end of this year that e-payment transactions will jump by more than 50 per cent from the end of last year.
Pongtorn Wisessuwan, vice president of the customer experience department at Thailand Post, said that the collaboration with 2C2P will enable its customers to make payments with more convenience. The firm will come out with a new e-wallet service, Wallet@Post. The service will allow customers to transfer money via e-wallet in April.