RS2 launches its Acquiring Business

RS2The global payment processing and technology company, today announced that it has launched its own German acquiring business, offering merchants and other payment service providers (PSPs), a one-stop payment solution.

The launch in Germany kick-starts RS2’s issuing and acquiring global strategy. “RS2 today is very well positioned to provide any size of merchant with a tailor-made solution that fits their business needs, differentiating itself from other competitors who provide one-size-fits-all; while small and medium-size merchants in addition to their in-store payment acceptance will be able to build their e-commerce presence in 30 minutes, multi-national merchants and payment services providers will be able to consolidate their entire business on one single platform globally” said Jense MahlkeRS2 Financial Services CEO and RS2 Group CFO/COO. “Completing the full offering, RS2 will provide its partners with a wide range of issuing services starting from a very simple pre-paid up to debit, credit and charge card combined with loyalty and reward products.”

“The first customers are already on-boarded in Germany expanding to the rest of the other EU countries in few weeks ” Christoph Jung, Head Of Sales at RS2 Financial Services.RS2 will thus expand its position in payment industry after it had previously announced in January that Shop and Pay would be its own ecommerce solution. Shop andPay is a one stop shop that allows retailers and service providers build their online presence, and provide access to multiple payment methods. RS2 provides a tool that allows businesses to set up and manage their online presence without needing programming knowledge. It can also seamlessly connect to all the most common shop systems, such as Magento and Shopware, PrestaShop etc.

“With our license as an electronic money institution in Germany, we can roll out our solution quickly and easily to other markets in Europe,”Jens Mahlke “We are in a very strong position to service our partners with a customized service they may need to efficiently manage their business, through our in-house developed, microservices and APIs based Issuing and Acquiring solutions on a single, proprietary technological platform running on the cloud.”

RS2 will now offer its customers and partners a powerful omnichannel payments solution. This consolidates their entire payment acceptance channels including cards, alternative payment, digital wallets, in app payments, and card payments. We are looking to establish a long-term partnership between ISOs, PayFacs, and ISVs in order to offer white label payment solutions with processing services. “We are interested in long-term partnership relationship, offering our partners one stop solutions for payment business” Mahlke concluded.

 

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