Visa Announced Completion of YellowPepper Acquisition

Less than a month after Visa announced its acquisition of YellowPepper, Latin America’s pioneer in innovative digital financial solutions, Visa announced it had completed the deal.

With a rich set of APIs, YellowPepper’s proven brand-agnostic platform enables issuers, processors and governments to quickly and securely access multiple payment rails for many payment flows through one single connection.

YellowPepper will facilitate an easier integration to Visa Direct, Visa’s real-time push payments platform, Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network, and value added services. Collectively, this will expand digital products and services enablement, provide compelling and safe experiences for the ecosystem, and grow new flow volumes and transactions.

“Bringing YellowPepper into the Visa family will help us build on our ‘network of networks’ strategy, by combining Visa’s proven technology, processing and security capabilities with the complementary solutions of YellowPepper, to ultimately help support the current and future needs of governments, banks and consumers around the world,” said Eduardo Coello, Regional President for Visa Latin America and the Caribbean.

About YellowPepper

YellowPepper is Latin America's pioneer in innovative digital financial solutions. The company’s proven platform enables issuers to easily launch card and account agnostic real-time payments solutions, while providing value added services such as tokenization, identity validation and risk tools to deliver a complete transaction and service offering. Operating in 9 Latin American countries, the Miami-based company currently serves 50 clients and 5 million monthly active users.