Visa Completes Argentina Expansion. Visa has closed its acquisition of Argentine payment companies Prisma and Newpay, completing the transaction just eight days after announcing the definitive agreement. The deal, which remains subject to Argentine competition authority review, strengthens Visa's presence in a key Latin American market. Prisma provides card issuer processing services while Newpay operates real-time payments, ATM networks and bill payment platforms, collectively serving millions of consumers and businesses. The combined entity will deploy advanced technologies including tokenization, biometric authentication and intelligent risk management across Argentina's payments ecosystem. This strategic acquisition enables Visa to accelerate innovation and enhance payment security for consumers and businesses throughout the region.
