Core Insights - Visa is acquiring payment platforms Prisma and Newpay from Advent International to enhance its presence in Argentina [1] - The acquisition aims to strengthen Visa's digital payments infrastructure and modernize payment systems in Argentina [1][2] Group 1: Acquisition Details - The deal connects Visa's global payments network with a local platform, facilitating the growth of digital payments in Argentina [1] - Prisma, established in 2014, is a major card issuing platform in Argentina, processing over six billion transactions annually for leading banks [2] - The financial terms of the acquisition have not been disclosed, and the deal is expected to close in the first quarter of 2026 [4] Group 2: Background on Prisma and Newpay - Advent International acquired a majority stake in Prisma in 2019, valuing the company at $1.42 billion, as part of efforts to increase competition in Argentina's payments industry [3] - Under Advent's ownership, Prisma was divided into three platforms: Prisma, Newpay, and Payway [3] - Newpay offers payment and cash access infrastructure, including electronic bill payments and ATM operations in Argentina [4] Group 3: Technological Advancements - The acquisition will accelerate the adoption of technologies such as tokenization, biometric authentication, and intelligent risk tools for consumers and businesses in Argentina [2]