Payments platform RS2 says it has established a long-term agreement with a major financial services partner in Latin America to expand its footprint. RS2 did not disclose the firm’s name.
The company states that the partnership will broaden RS2’s regional footprint. RS2 is poised to extend its acquiring capabilities into eight additional markets: Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, the Dominican Republic, and Guatemala.
RS2 is already active in Brazil, Mexico, Colombia, Peru, and Argentina.
The company said the five-year agreement will boost its long-term revenue growth, further diversify its client base, and tap into high-growth payments markets.
RS2 is a cloud-native payments technology provider, delivering end-to-end issuing and acquiring. The company reports over 31 billion transactions annually and 99.9% uptime.
RS2 works with banks, financial institutions, and payments companies to provide full control across the payments value chain.
