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Thai Airways engages Singapore company to process global online sales

Zafar Anjum | April 10, 2014
2C2P to process all global online transactions as Thailand’s national carrier aims to increase online ticket sales

Thai Airways


Mr. Chutintorn Srisitikum (centre), THAI Vice President, Digital Commercial Department, Mr. Piyachart Ratanaprasartporn (second from the left), CEO of 2C2P (Thailand) and Mr. Varin Achariyakulporn (second from the right), Business Development Director of 2C2P (Thailand) are flanked by representatives of THAI and 2C2P.

Thai Airways International (THAI) has engaged 2C2P, a Singapore-based, comprehensive payments solutions provider, to process all online sales transactions made through the THAI website,

According to a statement from the airlines company and 2C2P, this arrangement is for both domestic and international ticket sales. 2C2P's payment processing services work with all major card companies, including Visa, MasterCard, American Express, JCB and China UnionPay and is consistent with Payment Card Industry Data Security Standard (PCI DSS) Level 1, the most efficient and secure payment platform.

Post this deal, Thai Airways' customers now have more payment options, including credit cards, debit cards, payment counters and bank channels, such as ATM and Internet banking.

"The prevalence of online booking is particularly high in the travel and tourism sector. We anticipate more than 20% of our total annual sales of more than THB 400 billion will be purchased online in the next one to two years," said Chutintorn Srisitikum, THAI Vice President, Digital Commercial Department.

"Thai Airways plans to expand this processing controller to cover sales in other countries such as Australia, Russia and South Korea for more effective financial handling from various acquirer banks. We are confident of this joint ability to service our expanding geographical reach, given 2C2P's reputation for providing convenient, secure and stable systems to control online payments and transactions," said Srisitikum.

"There are plans to incorporate more payment options for travellers on THAI, with additional channels such as ATMs and payment counter services in the near future," said Piyachart Ratanaprasartporn, CEO of 2C2P (Thailand) Co. Ltd.



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