RS2 Secures Major Multi-Market Latin America Deal to Expand BankWORKS® Processing Footprint

06 May 2026 | Wednesday | News

Five-year, multi-million-euro agreement strengthens RS2’s acquiring and issuing capabilities across eight new markets, reinforcing its role as a key enabler of scalable, cross-border payments infrastructure in the region
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

RS2, a Tier-1 global provider of payment processing infrastructure and payment technology solutions, announced a significant long-term processing agreement with a major financial services partner in Latin America.

Due to confidentiality obligations, the identity of the client cannot be disclosed at this stage. However, the agreement represents an important milestone in RS2’s continued international expansion and strengthens the Group’s role as a trusted technology partner for financial institutions operating across complex, multi-market payments environments.

Built on RS2’s globally proven BankWORKS® platform, the partnership will significantly broaden RS2’s regional footprint. Under the agreement, RS2 will extend its acquiring capabilities into eight additional markets: Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, the Dominican Republic and Guatemala.

RS2 will also expand its issuing services across eight markets: Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, the Dominican Republic and the Cayman Islands.

The agreement builds on RS2’s established presence in Latin America, where the Group is already active in Brazil, Mexico, Colombia, Peru and Argentina. It further reinforces RS2’s position as a key enabler of digital payments infrastructure across Latin America, supporting banks, acquirers, issuers and financial services providers with scalable, resilient and secure processing technology.

Patrick Gauci, General Manager, RS2 Smart Processing, said: “This agreement marks another important step in RS2’s growth journey across Latin America. The region continues to present significant opportunities for digital transformation in payments, and we are proud to support our partner with a platform that is proven, scalable and built for complex multi-country processing requirements.

While we are unable to disclose the client’s identity at this stage, the scope of the partnership reflects the strength of BankWORKS and RS2’s long-standing commitment to enabling the next phase of payments growth across the region.”

The five-year, multi-million-euro agreement is expected to support RS2’s long-term revenue growth, further diversify its international client base and increase the Group’s exposure to high-growth payments markets.

The partnership also demonstrates RS2’s ability to support both acquiring and issuing services through a single, integrated platform model, enabling financial institutions to modernise payments infrastructure, expand across markets and respond to evolving merchant and consumer payment needs.

RS2 remains committed to expanding its global footprint and delivering secure, reliable and future-ready payment technology to partners worldwide.

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