Core Insights - Beyond by RS2 has achieved the status of Principal Issuing Member of Visa in Europe, enabling the company to directly issue Visa cards and manage payment card programs [1][5]. Group 1: Company Positioning - This milestone enhances Beyond by RS2's role as an end-to-end payment partner, offering a combination of issuing, acquiring, and processing services within a regulated framework [2][5]. - The company aims to support banks, fintechs, corporates, and merchants in developing flexible, scalable, and compliant card programs tailored to their business models [2][5]. Group 2: New Services Offered - Beyond by RS2's new issuing services include BIN sponsorship, allowing businesses to launch card programs without needing their own license, and co-branding solutions to enhance customer loyalty and brand engagement [3][4]. - The company provides a variety of card solutions, including debit, credit, prepaid, and corporate cards, available in both physical and digital formats, with support for Apple Pay and Google Pay [3][4]. Group 3: Comprehensive Program Management - Beyond by RS2 offers end-to-end program management, covering all aspects from branded card products to customer support, fraud prevention, and compliance, leveraging its regulatory expertise [4][5]. - The company aims to help businesses launch quickly and securely across the European Union (EU) and the European Economic Area (EEA) [4][5]. Group 4: Strategic Growth - Achieving Visa Principal Issuing Member status is a significant milestone in Beyond by RS2's growth strategy, allowing the company to deliver greater value to customers and partners [5][6]. - The company provides a comprehensive one-stop solution for businesses entering the payments market or expanding existing offerings, including employee benefit and expense cards, loyalty programs, fuel cards, and early-wage access solutions [5][6]. Group 5: Technological Advantage - As part of the RS2 Group, Beyond by RS2 benefits from direct access to advanced payment infrastructure and processing technology [6]. - The combination of advanced technology with regulatory and operational expertise empowers clients and partners to innovate and scale confidently across the European market [6].
Beyond by RS2 Becomes a Principal Issuing Member of Visa