payment platform RS2 It said it had struck a long-term deal with a major financial services partner in Latin America to expand its coverage. RS2 did not disclose the name of the company.
The company states that the partnership will expand RS2’s regional footprint. RS2 is set to expand its sourcing capabilities to eight additional markets: Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Dominican Republic and Guatemala.
RS2 is currently active in Brazil, Mexico, Colombia, Peru and Argentina.
The company said the five-year deal will drive long-term revenue growth, further diversify its customer base and tap into fast-growing payments markets.
RS2 is a cloud-based payment technology provider that provides end-to-end issuance and purchasing. The company reports more than 31 billion transactions annually and 99.9% uptime.
RS2 works with banks, financial institutions and payment companies to provide complete control over the payment value chain.
