Group 1 - Visa Inc. announced the acquisition of two payment companies, Prisma Medios de Pago and Newpay, from Advent International to enhance its market presence in Argentina [1][2] - The acquisitions are expected to leverage Visa's global technology with the local expertise of the acquired companies, aiming to dominate the rapidly growing digital payments market in Argentina [2][3] - Prisma specializes in backend processing for various card types, while Newpay provides essential infrastructure, including the Banelco ATM network and real-time payment services [3] Group 2 - The strategic benefits of these acquisitions include the introduction of advanced features in Argentina, such as tokenization, biometric authentication, and agentic commerce solutions [3] - The deal is pending shareholder approval and is anticipated to close in fiscal Q2 2026 [4] - Visa Inc. operates a global network that simplifies digital payment services and facilitates commerce across various sectors [5]
Visa Inc. (V) to Buy Two Key Payment Companies in Argentina SAP SE (SAP) to Raise Annual Dividend