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2C2P Now Licensed as a Major Payment Institution in Singapore
2C2P Pte Ltd, Southeast Asia’s leading full-suite payments platform, today announced that it has been granted a Major Payment Institution licence from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019.
With the Major Payment Institution licence, 2C2P is authorised to provide the following payment services to local and regional businesses operating in Singapore: domestic money transfer service, cross-border money transfer service, and merchant acquisition service.
“This marks a significant milestone for 2C2P and we look forward to expanding our services and advancing access to meet the ever-changing needs of our local merchants in Singapore and across Southeast Asia,” said Agnes Chua, Country Manager of 2C2P Singapore.
Founded in 2003, 2C2P is a pioneer in Southeast Asia’s payments sector. Since 2022, it is part of Ant International’s Antom, a world leading merchant payment and digitisation services provider.
“We are excited to build upon our existing payment offerings to provide a more comprehensive payments coverage for our merchants in Singapore and across Southeast Asia, through partnering with Antom as well as local and regional financial institutions. By leveraging the combined local expertise and world-class technologies of Antom and 2C2P, we aim to empower businesses of all sizes and provide a trusted and seamless payment experience for customers anywhere and anytime,” added Agnes.
2C2P also recently launched its annual whitepaper on the Southeast Asia digital payments landscape in March 2025, further affirming its industry-leading expertise in the region.
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