Visa Deepens Argentina Roots With Prisma And Newpay Infrastructure Deal
Visa (NYSE:V) has agreed to acquire Prisma Medios de Pago and Newpay in Argentina. The deal expands Visa's payment processing footprint in Latin America and brings key Argentine payment infrastructure in house. Visa plans to use the assets to roll out digital tools such as tokenization and biometric authentication tailored to the local market. Visa, trading at around $320.95, sits at the center of global card payments and has a long record as a large scale network operator. Over the past 3...