RS2 Partners With PXP on Managed Acquiring Services
RS2, a global payments processor, provides transaction-processing technology through its RS2 Smart Processing subsidiary, while PXP operates an omnichannel payments platform. The partnership is significant because it combines managed acquiring with card-scheme transaction processing, giving merchants and payment providers a more integrated route for handling transactions across online and physical channels through a single service framework.
RS2 Smart Processing said it has entered a partnership with PXP to deliver end-to-end managed acquiring and card-scheme processing through RS2’s BankWORKS® platform. The companies did not disclose the contract value, a launch date or the initial markets covered by the agreement. Execution will therefore hinge on the implementation timetable and the volume of transactions ultimately routed through the joint service.
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