Wave Money launches seamless payment gateway with 2C2P

WAVE Money, the leading mobile financial service (MFS) in Myanmar on 21 February, 2020 announced its partnership with global payments platform 2C2P to deliver seamless and convenient online paymentservices for WavePay users nationwide. The two parties signed the Memorandum of Understanding (MoU) at theSule Shangri-La Hotel in Yangon.

With the 2C2P partnership, Wave Money strengthens the WavePay platform as a safe, seamless and systematic mobile payment application. At the same time, it marks the Myanmar MFS leader’s expansion into the merchants across airline, hotels and other retail community.

“The fintech boom has made it easier than ever for people around the world to make digital payments. Our tie-up with 2C2P means that millions of WavePay users will benefit from greater access to seamless, safe and convenient digital financial services,” said Brad Jones, CEO of Wave Money. 2C2P is a global payments platform helping businesses securely accept payments across online, mobile and in-store channels. The company has dual headquarters in Bangkok and Singapore and operates across Southeast Asia, North Asia, Europe and the US. It is the preferred payments platform provider of regional airlines, travel companies and global retailers.

“WavePay customers will be connected to 2C2P’s merchants, from airlines to major retailers. Together with Wave Money, we are delighted to fast track the adoption of digital payments in the region,” said AungKyaw Moe, Founder & Group CEO of 2C2P.

WavePay customers can now make direct purchase for goods and services conveniently with their WavePay app.

“WavePay today stands out as a convenient and secure electronic payment service in Myanmar. Through the 2C2P network and their partnered merchants, we are taking an important step into making our Myanmar customers digital payment journey better than ever,” added Brad.

Wave Money is a pioneer in driving digital financial inclusion in Myanmar and continuing its expansion to support consumers and businesses. To date, there are over 17 million people in Myanmar using Wave Money’s secure and reliable platform for remittances, utility payments, airtime purchase or top-ups, and various digital payments. —GNLM