SOLUTIONS FOR BANKS & FINANCIAL INSTITUTIONS
Banks, Financial Institutions
RS2 delivers scalable, agile soulutions combined with best-in.class customer service, across the entire payments value chain.
Stay ahead of the fast-paced payment markets by keeping up with digital trends
Plan, design, and shape your payment processes in line with the evolving payments landscape, simplify complex processes, and maximize the success of your global acquiring and issuing activities, all via our single platform.
Services on Your Terms
We enable you to process payments to or from anywhere in the world via our multi-channel, cloud-native platform, BankWORKS®. You can design and manage your entire payments ecosystem; add new currencies, payment types, language support, merchant reporting, mitigate your chargeback risk, and control your costs – all with a single API integration.
Merchant boarding
Online switch
Processing
Value added services
Simplify and enhance your merchant onboarding process. Benefit from our automated onboarding process, which ensures a swift and efficient setup of merchants by seamlessly integrating KYC, AML, and credit underwriting through a robust API.
Select a module to find out more
Merchant Onboarding
Simplify and enhance your merchant onboarding process. Benefit from our automated onboarding process, which ensures a swift and efficient setup of merchants by seamlessly integrating KYC, AML, and credit underwriting through a robust API.
Online switch
Guarantee a stable connection with optimal uptime through our active-active online switch, which has direct links to all leading card schemes and can handle over 8000 TPS. Benefit from our intelligent routing for higher approval rates, along with real-time FX conversions for multi-currency dealings. Leverage our real-time fee and rate calculation tools and get an instant view of our charges.
Processing
Trust in our longstanding expertise in financial transaction processing, and let us handle your transaction clearing, fee management, and scheme settlements. Tap into our robust General-Ledger solutions to simplify your financial reconciliations. Streamline chargeback procedures with our automated dispute tools.
Value Added Services
Delegate your chargeback processing to us or take advantage of our dispute module, designed to communicate seamlessly with card schemes, simplifying and enhancing your internal operations. Implement card tokenization, offer Google/ApplePay to your customers, or craft your own NFC wallet solution. Boost cardholder loyalty by leveraging a loyalty program managed by our system.
Onboarding APIs
Onboard your merchants, whether stand-alone or within a hierarchy, with all relevant information and services anytime through our APIs and GUI.
Authorisation + Switching
Seamlessly link to leading global credit card networks or activate local scheme connections effortlessly with the RS2 payment switch, empowering enhanced customer satisfaction and swift access to financial solutions.
POS, softPOS, eCOM, CNP
Provide assistance for various payment sources, including POS systems, SoftPOS solutions, and ecommerce platforms and other card-not-present transactions.
Risk + Fraud
Harness our adaptable and comprehensive fraud detection solutions, offering real-time and batch mode capabilities to identify and prevent suspicious transactions while ensuring compliance with regulations.
Hierarchy Support
Assist in setting up billing and reporting levels for a wide range of company structures, spanning from simple flat hierarchies to intricate multi-company holdings.
Realtime Fee Calculation
Efficiently simplify your clearing and settlement process, covering data validation, interchange rate qualification, rejects, merchant funding, billing, and reporting across various card networks and clearing formats, optimizing interchange rates for cost savings.
Authorisation, Clearing + Settlement
Real-time fee calculation offers the advantage of instantaneous assessment, enabling prompt and accurate determination of transaction charges, thereby enhancing transparency and agility in financial processing.
Tokenisation (Wallets)
Avoid paying high fees or penalties for storing card details, use a token instead and let RS2 connect for you to the card schemes token service.
Fees + Pricing
Tailor your merchant pricing in our highly flexible configuration tool that allows you to create custom pricing structures for different merchants based on various factors, supporting various pricing models and a wide range of fees, including tax calculation, invoicing, and revenue sharing.
Multi-Currency
Enable multi-currency support and boost revenue through Dynamic Currency Conversion (DCC) utilization within our platform.
Reporting, Statements, Portals
Produce scheme-mandated reports and receive industry-standard exports for external data system integration. Enhance your operations with our versatile statement and invoicing solution, providing a unified view of transactions, multi-currency and multilingual support, and customizable statements and invoices through our platform or third-party API integration, allowing tailored language, currency, format, and delivery choices.
Service Portals
Provide merchants with a transparent financial lifecycle view, including real-time authorization to settlement, streamline dispute management and communication with your acquirer, and offer added functionality for partners in respective portals for merchant servicing, dispute and reconciliation.
Unlimited Issuing Flexibility
The constantly changing demands of customers to pay when, where, and how they choose require innovation and financial agility from issuers. Our platform, BankWORKS®, provides advanced and fully integrated card issuing capabilities, spanning from virtual prepaid to innovative credit, debit, and corporate cards, provide you with the flexibility to design, configure new products, modify existing ones, and effectively manage future payments.
Card management
Online switch
Processing
Value added services
Offer a wide range of card products either branded or private lavel, both virtual and physical in multiple currencies. Streamline onboarding with our APIs or WebGUI, and provide instant access to customized cards. Easily oversee card management and enhance security against fraud with advanced online services. We handle installment processing, interest calculations, and cardholder notifications.
Select a module to find out more
Card Management
Online Switch
Processing
Value Added Services
Card Lifecycle Management
Risk + Fraud
Authorisation + Switching
Fees + Billing
Clearing + Settlement
Loyalty + Rewards
Chargeback Management
Dispute Management
Tokenisation (Wallets)
3DS
Card Management
Offer a wide range of card products either branded or private label, both virtual and physical in multiple currencies. Easily oversee card management and enhance security against fraud with advanced online services. Effortlessly manage installment processing, seamlessly calculate interest, and streamline cardholder notifications.
Online Switch
Ensure a releaible connection with optimal uptime using our active-active online switch, featuring direct links to all major card networks. Harness the power of intelligent routing to boost approval rates and enjoy real-time FX conversions for smooth multi-currency transactions. Take advantage of our cutting-edge tools for instant fee and rate calculations, providing you with a clear and immediate overview of all charges.
Processing
Experience seamless handling of your transaction clearing, fee management, and scheme settlements. Leverage our robust general ledger solutions to simplify financial reconciliations and streamline chargeback procedures effortlessly with automated dispute tools.
Value Added Services
Optimize your operations with our dispute management solution, designed to seamlessly communicate with card networks. Enhance your internal processes by implementing card tokenization, providing Google/ApplePay options to your customers, or developing a customized NFC wallet solution. Elevate cardholder loyalty by effectively utilizing a loyalty program managed by our advanced system.
Card Lifecycle Management
Oversee every stage of a card’s existence, from production and activation to usage, maintenance, and eventual expiration or cancellation. Provides a GUI for you customer service department to handle service request in an easy and timely way.
Risk + fraud
Harness our adaptable and comprehensive fraud detection solutions, offering real-time and batch mode capabilities for issuers and acquirers to identify and prevent suspicious transactions while ensuring compliance with regulations.
Authorisation + Switching
Seamlessly link to leading global credit card networks or activate local scheme connections effortlessly with the RS2 payment switch, empowering enhanced customer satisfaction and swift access to financial solutions. Process gateway requests in real-time, ensuring maximum efficiency and dependability by switching them to the card networks through a direct communication channel, with adaptable switching capabilities for card networks.
Fees + Billing
Configure and apply issuer fees with a flexible solution, automating premium disbursements, offering discounts, fee waivers, and tiered rewards to promote customer loyalty based on spending and payment history, covering card production, processing, and credit risk expenses as per issuer policies.
Clearing + Settlement
Enhance payment transaction processes with a dynamic and scalable Clearing & Settlement solution that seamlessly integrates into existing systems, offering tailored configurations, comprehensive support for major card schemes, global compliance, and streamlined processes for increased profitability.
Loyalty + Rewards
Elevate customer loyalty throughout their journey and boost revenue by implementing a Loyalty Solution, offering advanced loyalty programs, personalization, and seamless integration with various loyalty systems across different industries.
Chargeback Management
Administering the reversal of a transaction, instigated by a customer, to refund funds for a disputed or fraudulent purchase, utilizing API, graphical user interface (GUI), and automated rule engines to mitigate expensive scheme fees.
Dispute Management
Optimize your dispute management and streamline chargebacks throughout the entire cycle, reducing manual effort. Boost cost savings, revenue, and enhance customer service. Our system automates transaction analysis, allowing you to set custom exception rules to spot and address disputes early.
Tokenisation (Wallets)
Enable secure NFC payments through mobile wallets (Google/Apple Pay), utilizing tokenization, biometrics, and a range of benefits for cardholders, while RS2 offers SDKs for easy integration and push provisioning to these wallets within the cardholder application.
3DS
Enhancing online transaction security with robust support for the latest 3DS version, advanced whitelisting features for recurring merchants foster trust and encourage worry-free online shopping for cardholders.
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