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Visa strikes deal for Prisma, Newpay to boost Argentina presence
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Visa strikes deal for Prisma, Newpay to boost Argentina presence
Mar 11, 2026 4:47 AM

Feb 19 (Reuters) - Card giant Visa said on

Thursday it would ​buy payment platforms ‌Prisma and Newpay from

private-equity ⁠firm Advent International, bolstering ⁠its

presence in Argentina.

The ‌deal will ‌help Visa fast-track the ​adoption of

technologies ‌such as tokenization, biometric authentication and

intelligent risk ​tools ​for ‌consumers and businesses across

Argentina.

"We see significant opportunities to ⁠expand digital payments

adoption and ⁠modernize financial services, capabilities and

infrastructure across the country," said ⁠Gabriela ‌Renaudo, group

country manager, ‌Visa Argentina and ⁠Southern Cone.

The terms of the transaction were not disclosed. The deal is

expected to close in the ​first quarter of 2026.

(Reporting by Arasu Kannagi ​Basil in ‌Bengaluru; Editing by

Shilpi ​Majumdar)

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