Home / Business and Economy / Visa Acquires Argentine Payment Platforms
Visa Acquires Argentine Payment Platforms
19 Feb
Summary
- Visa has acquired payment platforms Prisma and Newpay.
- The deal aims to enhance digital payment adoption in Argentina.
- The acquisition is expected to be finalized by Q1 2026.
Visa has announced its intention to acquire payment platforms Prisma and Newpay, currently owned by private-equity firm Advent International. This acquisition signifies a strategic expansion of Visa's operations within Argentina.
The deal is expected to facilitate the faster implementation of cutting-edge technologies such as tokenization, biometric authentication, and intelligent risk management tools for both consumers and businesses throughout Argentina.
Gabriela Renaudo, group country manager for Visa Argentina and Southern Cone, expressed optimism about the opportunities for digital payment adoption and financial service modernization. The financial terms of the transaction have not been disclosed, but the acquisition is anticipated to be completed by the first quarter of 2026.
