Visa (NYSE: V) today announced it has completed its acquisition of Prisma Medios de Pago S.A.U. (“Prisma”) and Newpay S.A.U. (“Newpay”) in Argentina. This transaction strengthens Visa’s commitment to advancing payment innovation and modernizing financial infrastructure across the country.
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. Together, these companies provide compelling payments products and services serving millions of consumers and businesses throughout Argentina.
“Today marks an exciting new chapter as Prisma and Newpay officially join Visa,” said Gabriela Renaudo, Group Country Manager, Visa Argentina and Southern Cone. “We’re now focused on integration and delivering on our shared vision to transform Argentina’s payments ecosystem. By combining Prisma and Newpay with Visa’s global capabilities, we’re ready to accelerate innovation and create even greater value for consumers, businesses and our clients in the country.”
With the transaction now closed, 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 approach ensures continued flexibility and choice for financial institutions and their customers across Argentina’s payments ecosystem.
The transaction is subject to review by the Argentine competition authority.