Visa Completes Acquisition of Argentina's Prisma and Newpay

Visa Inc. has finalized its acquisition of Argentine payment firms Prisma Medios de Pago S.A.U. and Newpay S.A.U. The deal strengthens Visa's presence in the country's financial infrastructure.

Prisma specializes in credit, debit, and prepaid card issuer processing. Newpay operates a multi-network infrastructure, managing real-time payments, the Banelco ATM network, and the PagoMisCuentas bill payment platform. Together, they serve millions of consumers and businesses in Argentina.

"Today marks an exciting new chapter as Prisma and Newpay officially join Visa," said Gabriela Renaudo, Group Country Manager for Visa Argentina and Southern Cone. "We're now focused on integration and delivering on our shared vision to transform Argentina's payments ecosystem."

The combined technology platforms are expected to accelerate the deployment of advanced tools. These include tokenization, biometric authentication, and intelligent risk solutions. The integration aims to provide agnostic processing, supporting any card brand processed by Prisma and all payment methods from Newpay.

The transaction remains subject to review by Argentine competition authorities.