News Update

2C2P Adds Banco de Oro as its Largest Bank Client in the Philippines

MANILA, Philippines (June 18, 2013) – 2C2P, a leading provider of innovative payment solutions, is announcing signing of contract with BDO of the Philippines and will offer its leading e-commerce authentication solution - Access Control Server (ACS) - to the Philippines largest commercial bank.

Signing of the contract with BDO followed an official tender, at which 2C2P came as a winner with its ACS solution offering. ACS, which is usually utilized alongside Merchant Plug-In (MPI), is used to support cardholder authentication and allows to authorize transactions for both e-commerce and m-commerce through Verified by Visa, MasterCard SecureCode, JCB J-Secure and AMEX SafeKey.

2C2P has been offering ACS solution to the banks in Thailand since September 2003 and, as of 2013, 2C2P’s ACS is employed by over 80% of banking institutions in Thailand, holding over 16.8 million cardholder base and managing 78,000 daily payment transactions.

About 2C2P Pte. Ltd.
2C2P (stands for Cash and Card Payment Processor) is a comprehensive payment solutions provider, transforming millions of everyday payments in Asia Pacific. The company offers solutions from traditional payment gateway to alternative cash payment processing, as well as variety of innovative payment solutions tailored for the needs of e-commerce and m-commerce merchants, banks and financial institutions of any size. Web: http://www.2c2p.com

About BDO
Banco de Oro (BDO) is the largest bank in the Philippines. BDO is a full-service universal bank which provides products and services to the retail and corporate markets including lending (corporate, middle market, SME, and consumer), deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management and remittances. Through its subsidiaries, the Bank offers Leasing and Financing, Investment Banking, Private Banking, Bancassurance, Insurance Brokerage and Stock Brokerage services. Web: http://www.bdo.com.ph