Frankfurt. RS2 Group, a global payments processing and technology provider, announced the closing of its acquisition of KALICOM LiebersZahlungssysteme KG, one of the most successful commercial network operators for electronic, card-based payment systems in Germany.
The acquisition follows the groups announcement to enter the merchant direct acquiring business and represents along with the earlier announced foundation of RS2 Financial Services GmbH.
KALICOM provides RS2 with an attractive entry portfolio of more than 4.000 terminals and an existing merchant book combined with capabilities of selling, installing, servicing terminals and processing card transactions in the German market for small and mid-size accounts.
“We applied for Financial Institution License in order to start our own direct acquiring business starting in Europe” said Jens Mahlke, Group COO/CFO, who will also be heading the European Merchant Business activities. “In this respect, the business of KALICOM is complementing our service offerings to the merchants and it is a great continuation of our strategy to be one of the leaders in global acquiring and issuing worldwide”.
The acquisition of KALICOM is a further step for RS2 to eliminate any dependencies on third parties to ensure first class services. At the same time, this gives RS2 a quick start into the German acquiring market.
Ralf Liebers, Founder and former Owner/General Manager of KALICOM said: ”I am convinced that RS2, with its technology and global reach, is the best possible partner for the future of KALICOM and its employees”.
About KALICOM LiebersZahlungssysteme KG
KALICOM LiebersZahlungssysteme KG is one of the most successful commercial network operators for electronic, card-based payment systems with several thousand payment terminals, located in Reinsdorf, Germany. It serves SMEs across Germany with products including POS terminals, girocard/direct debit processing, routing of credit card transactions and referral of acquiring services. KALICOM will be renamed to KALICOM Zahlungssysteme GmbH and is now a wholly owned subsidiary of RS2 Financial Services.
About RS2 Software plc
RS2 is one of the leading providers of payment solution. The company today services over 1.5 million merchants and over 350 million cards around the globe. RS2 provides services and payment processing for financial institutions, processors, ISVs, Payment Facilitators and merchants in Europe, APAC, LATAM, Middle East and North America through one single solution. With offices around the world, RS2 supports over 250 clients in more than 35 different countries, processing thousands of transactions per second in over 170 currencies and settling in more than 80 cross omni-channel.
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