Visa  announced that it has entered into a definitive agreement to acquire Prisma Medios de Pago S.A.U. (“Prisma”) and Newpay S.A.U. (“Newpay”) in Argentina fromVisa  announced that it has entered into a definitive agreement to acquire Prisma Medios de Pago S.A.U. (“Prisma”) and Newpay S.A.U. (“Newpay”) in Argentina from

Visa to Acquire Prisma Medios de Pago and Newpay in Argentina

Visa  announced that it has entered into a definitive agreement to acquire Prisma Medios de Pago S.A.U. (“Prisma”) and Newpay S.A.U. (“Newpay”) in Argentina from Advent International. This strategic acquisition underscores Visa’s commitment to providing clients with the advanced capabilities and technologies that accelerate the adoption of innovative payment solutions for consumers and businesses across the country.

Read More on Fintech : Global Fintech Interview with Kristin Kanders, Head of Marketing & Engagement, Plynk App

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.

“This acquisition is an important step for Visa in Argentina, strengthening our client partnerships and advancing innovation across the payments ecosystem,” said Ryan McInerney, CEO of Visa. “By bringing together Prisma’s and Newpay’s deep local expertise with Visa’s global solutions and technology, we will empower our clients to make payments simpler, faster, and more secure for consumers and businesses.”

“We see significant opportunities to expand digital payments adoption and modernize financial services, capabilities and infrastructure across the country,” said Gabriela Renaudo, Group Country Manager, Visa Argentina and Southern Cone. “This investment reflects Visa’s commitment to contribute to Argentina’s growth and enhancing its competitiveness in global commerce.”

The transaction is subject to closing conditions and is expected to close in Visa’s fiscal second quarter of 2026. Payway S.A.U. is not part of this transaction and will remain owned by funds managed by Advent International, continuing to operate independently as a merchant acquirer.

Catch more Fintech Insights : When DeFi Protocols Become Self-Evolving Organisms

[To share your insights with us, please write to psen@itechseries.com ]

The post Visa to Acquire Prisma Medios de Pago and Newpay in Argentina appeared first on GlobalFinTechSeries.

Market Opportunity
Union Logo
Union Price(U)
$0.000956
$0.000956$0.000956
+8.88%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

WSJ demands 'ugly' Trump apologize to the Supreme Court

WSJ demands 'ugly' Trump apologize to the Supreme Court

The conservative learning Wall Street Journal blasted President Donald Trump for “smearing” members of the Supreme Court who overruled his unilateral tariff policy
Share
Alternet2026/02/21 10:31
Michigan progresses Bitcoin Reserve bill to invest 10% state funds in Bitcoin

Michigan progresses Bitcoin Reserve bill to invest 10% state funds in Bitcoin

The post Michigan progresses Bitcoin Reserve bill to invest 10% state funds in Bitcoin appeared on BitcoinEthereumNews.com. Key Takeaways Michigan’s legislature is considering a bill to allow up to 10% of its public funds to be invested in Bitcoin. This move would make Michigan one of the most ambitious U.S. states regarding state-level Bitcoin adoption. Michigan advanced legislation today that would authorize the state to invest up to 10% of its public funds in Bitcoin, joining a growing wave of states exploring crypto asset reserves. The Strategic Bitcoin Reserve bill represents one of the most ambitious state-level Bitcoin adoption proposals to date. Over 20 U.S. states introduced or considered similar Bitcoin reserve legislation in 2024 and early 2025, reflecting increased institutional interest as Bitcoin prices reached new highs. Michigan’s pension fund already maintains small Bitcoin exposure through exchange-traded funds. The proposal aligns with broader federal cryptocurrency policy shifts under the Trump administration, which has expressed support for a national Bitcoin reserve. Such federal backing has encouraged state-level initiatives as governments seek portfolio diversification beyond traditional assets. Bitcoin proponents argue that state reserves could provide hedge protection against inflation and currency devaluation, similar to how sovereign wealth funds like Norway’s oil fund diversified into alternative investments. Critics cite Bitcoin’s price volatility as a risk for public funds. The legislation still requires additional legislative approval before Michigan could begin Bitcoin purchases for its state treasury operations. Source: https://cryptobriefing.com/michigan-advances-bitcoin-reserve-bill-2024/
Share
BitcoinEthereumNews2025/09/19 11:42
Logitech G Drops a Wide Array Of New Products And Innovations At Logitech G PLAY 2025

Logitech G Drops a Wide Array Of New Products And Innovations At Logitech G PLAY 2025

Logitech G PLAY 2025 is a live-streamed global gaming event that brings together press, partners, creators, and fans to explore the future of gaming. The array of products and experiences included major innovations across PC and console gaming, esports, sim racing, and streaming tools, along with partnerships with McLaren Racing, NVIDIA and more.
Share
Hackernoon2025/09/18 05:42