Visa has announced its plan to acquire Prisma Medios de Pago S.A.U. (“Prisma”) and Newpay S.A.U. (“Newpay”) in Argentina from Advent International.
Prisma provides credit, debit and prepaid card issuer processing. Newpay is a multi-network infrastructure provider that operates real-time payments services, the Banelco ATM network and the bill payment platform PagoMisCuentas.
Upon closing, the combined technology platforms of Prisma and Newpay, together with Visa’s global network and value-added services, will accelerate the deployment of advanced technologies such as tokenization, biometric authentication, intelligent risk tools and agentic commerce solutions.
These end-to-end capabilities will improve services from issuers and enhance speed and security for consumers, while delivering agnostic processing that supports any card brand processed by Prisma and all payment methods offered by Newpay.
