The launch in Germany kick-starts RS2’s issuing and acquiring global strategy. It aims to provide any size merchant with a tailor-made solution that fits their business needs, while SMEs, in addition to their in-store payment acceptance, will be able to build their ecommerce presence in 30 minutes, and multi-national merchants and payment services providers will be able to consolidate their entire business on one single platform globally.
Completing the full offering, RS2 will provide its partners with a wide range of issuing services starting from a pre-paid up to debit, credit, and charge card combined with loyalty and reward products. RS2 is thus expanding its position in the payment industry, after having had already announced in January 2022 that it would be offering its own ecommerce solution, Shop and Pay.
Shop and Pay is a one-stop-shop solution, that enables retailers and service providers to build their online presence and get access to multiple payment methods. The tool provided by RS2 allows businesses to configure and operate their online presence without the need of any programming knowledge. It can also be seamlessly connected to all common shop systems.
Company officials stated that with their own license as an electronic money institution in Germany, they can roll out their solution to other markets in Europe. The company can service its partners with a customised service they may need to manage their business, through its in-house developed microservices and APIs-based issuing and acquiring solutions on a single, proprietary technological platform running on the cloud.
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