PXP, a global omnichannel payment platform processing more than €30 billion annually, and RS2 Smart Processing, a leading global payment processing subsidiary of RS2, have partnered to deliver end-to-end managed acquiring services and card scheme processing.

The collaboration provides PXP with a single acquiring infrastructure for both card-present (CP) and card-not-present (CNP) transactions across Visa, Mastercard and Diners Club, helping to streamline processing across multiple European markets and card schemes.

Through integration with the RS2 Online Switch, the platform provides real-time transaction authorisation, dynamic interchange prediction and scheme fee calculation. It also supports daily clearing and settlement, including same-day clearing, merchant settlement, integrated dispute management and automated reconciliation feeds.

The service will support PXP’s payment service provider acquiring operations across more than 30 European markets. These include the United Kingdom, Germany, France, Italy, Spain, the Netherlands, the Nordic countries, and markets throughout Central and Eastern Europe.

Kamran Hadjiri, CEO of PXP, said: “This partnership strengthens the infrastructure behind our acquiring operations and enhances our ability to serve merchants consistently across more than 30 European markets. RS2’s technology and managed processing expertise provide the performance, operational control and scalability we need to support both card-present and card-not-present payments across multiple card schemes.”

Radi El Haj, CEO of RS2 Group, said: “Our partnership with PXP demonstrates the strength and flexibility of the BankWORKS® platform in supporting complex, multi-market acquiring operations. By combining real-time transaction processing with advanced interchange prediction, scheme fee calculation, settlement and reconciliation capabilities, we are providing PXP with a resilient and scalable foundation for its continued growth across Europe, while simplifying the complexity of managing acquiring operations across multiple markets.”

The partnership brings together RS2 Smart Processing’s processing technology and managed services with PXP’s acquiring capabilities and European market reach. The resulting infrastructure is designed to simplify complex acquiring operations while delivering efficient, reliable transaction processing throughout the payment lifecycle.

‍

About PXP

PXP is a global payments orchestration platform processing over €30 billion annually across 30+ countries. As a Principal Member of Visa and Mastercard, PXP connects merchants to

multiple acquirers through a single integration, giving businesses the flexibility, control, and reliability to grow in any market. Visit pxp.io to learn more.

‍

About RS2

RS2 is a leading global provider of payment technology solutions and processing services, offering a unified approach to managing payments across all channels for banks, integrated software vendors, payment facilitators, independent sales organizations, payment service providers, and businesses worldwide. RS2’s platform stands out as a robust cloud-native solution designed for both issuing and acquiring operations. With its advanced orchestration layer seamlessly integrating all aspects of business operations, clients gain access to comprehensive analytics, reporting tools, and reconciliation features. This empowers businesses to effortlessly expand their global footprint through a single integration, while also gaining valuable insights into payment processes and customer behavior, enhancing operational efficiency, increasing conversion rates, and driving profitability. www.RS2.com.

‍