Visa has announced plans to acquire payments processor Prisma Medios de Pago and network infrastructure provider Newpay in Argentina.

The move aims to accelerate the rollout of advanced technologies, including tokenisation, biometric authentication, intelligent risk tools and agentic commerce solutions.

The payments giant said that these end-to-end technologies will improve issuer services and "enhance speed and security" for consumers, all whilst delivering agnostic processing that supports any card brand processed by Prisma and all payment methods offered by Newpay.

Prisma provides credit, debit and prepaid card issuer processing, while Newpay is a multi-network infrastructure provider that operates real-time payments services, the Banelco ATM network, and the bill payment platform PagoMisCuentas.

Visa is buying the firms from Advent International for an undisclosed sum, with the deal expected to close in the second quarter of 2026.

“This acquisition is an important step for Visa in Argentina, strengthening our client partnerships and advancing innovation across the payments ecosystem,” said Ryan McInerney, chief executive of Visa. “By bringing together Prisma’s and Newpay’s deep local expertise with Visa’s global solutions and technology, we will empower our clients to make payments simpler, faster, and more secure for consumers and businesses.”

Gabriela Renaudo, group country manager, Visa Argentina and Southern Cone, added that the company sees "significant opportunities" to expand digital payments adoption and modernise financial services.

"This investment reflects Visa’s commitment to contribute to Argentina’s growth and enhancing its competitiveness in global commerce," she continued.

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