RS2 Group has entered into a partnership agreement with MOViiRED Colombia. As part of this partnership, RS2 will launch its new direct acquiring business for the first time anywhere in the world. RS2's direct acquiring service will have the capacity to acquire transactions in an omnichannel environment, including e-commerce, MOTO and point of sale transactions. RS2 will also issue a variety of card products to consumers in Colombia in partnership with MOViiRED, including prepaid cards, loyalty products, money transfer and gift cards. MOViiRED has also implemented the MOVii virtual wallet to provide cardholders and merchants with a frictionless payment experience.