F1 Payments, Cross River and RS2 Partner to Offer Payment Processing Services

*ISSUED BY F1 PAYMENTS

June 16, 2020

F1 Payments, Cross River and RS2 Partner to  Offer Payment Processing Services

AUSTIN, TEXAS, FORT LEE, N.J. & DENVER, COLO. - F1 Payments, Cross River Bank (“Cross River”) and RS2 Software today announced their partnership to deliver best-in-class payment processing services throughout North America. F1 Payments will utilize RS2’s global processing platform and Cross River’s sponsorship service to process payments for physical and virtual businesses. Merchants gain access to breakthrough products and services with unique capabilities that drive superior payments, giving them the ability to optimize customer experiences and minimize the time, effort and costs associated with managing their payments.

This partnership expands Cross River’s offerings to include traditional merchant acquiring. The partnership represents a key milestone for RS2 as well, with the company successfully launching F1 Payments as its first merchant acquiring processing partner in the United States.

“Our unique partnership with Cross River and RS2 enables us to provide our merchants state-of-the art payments capabilities that increase business velocity,” said Chad Anselmo, president of F1 Payments. “Collaborating with two great partners during the past year-and-a-half to bring this partnership to fruition has been a tremendous experience. We look forward to helping traditional retail merchants impacted during these unprecedented times with a new processing solution,” added Anselmo.

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