This card allows local seller businesses in Thailand to quickly and securely receive cash-on-delivery (COD) payments for e-commerce and social commerce purchases made through Wallet@Post application.

The Thailand Post Business Prepaid Mastercard® card integrates directly with Wallet@Post, a mobile wallet that Thailand Post and 2C2P Plus launched in January 2020 that allows local businesses to receive and withdraw payments to their bank accounts when customers pay for their purchases via COD to the postman or at the Thailand Post branch.

The Thailand Post Business Prepaid Mastercard® card gives small businesses a fast, convenient, and secure way to pay expenses, manage orders, and keep track of sales balances and business outgoings in an increasingly digital commercial environment. The card has also been designed to include a range of special services geared specifically towards small businesses, such as project management tools, CRM software, and cloud solutions.

Most importantly, switching to digital for both incoming and outgoing payments will provide small businesses with a means to enhance their revenue transparency, increasing their ability to demonstrate their creditworthiness to financial institutions. Moving forward, this will open up opportunities for even SMEs to access credit in the future, which in turn will further their capacity to expand their businesses.

According to 2c2p.com