Cross River Bank and RS2 agree payments partnership
Cross River Bank has announced that it has entered into a partnership agreement with RS2 Software to provide merchants with a seamless, global payment experience for processing credit and debit card transactions, as well as digital banking for their workers and customers.
Under their agreement, Cross River and RS2 will work together to improve payment processing and enable push and pull transaction capabilities. The partnership will allow both physical and virtual merchants to receive settlement funds faster than waiting for traditional settlement periods.
Fintech companies will also benefit from Cross River’s robust regulatory compliant platform that will enable companies to focus on innovating beyond legacy systems to create efficient card processing and banking capabilities and enable users to receive funds faster.