News Update

2C2P Receives iBEST Grant from IDA Singapore

SINGAPORE (June 25, 2013) – 2C2P, a leading provider of innovative payment solutions, receives iBEST Grant from the Infocomm Development Authority of Singapore (IDA).

The grant was awarded to 2C2P Pte. Ltd., a Singapore-based operational and engineering center of 2C2P Group, and will be used to subsidize engineering and technological development of innovative payment and financial products produced by 2C2P.

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 iBEST
iBEST grant is offered by Infocomm Development Authority of Singapore (IDA). Together with its wholly-owned subsidiary, Infocomm Investments Pte Ltd, IDA works towards promoting Singapore as a key entrepreneurial and innovation hub for global VC-backed infocomm start-ups, as well as a launch pad for them to gain market traction in Asia. Under its iBEST programme, IDA provides developmental support for global VC-backed ICT enterprises to establish new engineering centres in Singapore, including co-funding of approved projects, helping them to extend their financial runway, thus allowing them to do more with their development budgets. Web: www.infocomminvestments.com