RS2 plc - FEXCO partners with RS2

On 12 March, RS2 Software plc issued a press release revealing a collaboration between FEXCO (Ireland’s most successful financial and business solutions provider) and RS2 in connection with the roll-out of FEXCO’s Dynamic Currency Conversion (DCC) service via RS2’s BankWORKS card management system. Through this innovative technology, international visitors to Malta will now have the choice and convenience of paying for goods and services in their home currency.

RS2 Software plc’s CEO Radi El Haj stated that the alliance, whilst providing clear benefits to local businesses in Malta, is significant as RS2 has fully integrated the FEXCO service within its core product BankWORKS which in turn is used by banks in over 130 countries around the world. The international collaboration was completed in October 2013 and is now live across 400 locations in Malta, with many more due to come online in the near future.

In conclusion, both RS2 and FEXCO stated that they look forward to extending the DCC service to many more acquirers globally during 2014 across the BankWORKS platform.