Owned by a consortium of banks including Grupo Financiero Banorte and the local arms of HSBC and Banco Santander, Prosa provides the infrastructure that facilitates more than half the payments in Mexico. It is also one of the largest payment processors in Latin America, completing around 4.7 billion transactions in 2020.
What is Prosa in Mexico?
Prosa operates a payments processor that processes 4.7 billion transactions annually in Mexico and Latin America, comprising more than half the transactions in that area. It handles America Express, Visa and Mastercard business.
Who owns Prosa Mexico?
Owned by a consortium of banks including Grupo Financiero Banorte (GFNORTEO.MX) and the local arms of HSBC (HSBA. L) and Banco Santander (SAN.MC), Prosa provides the infrastructure that facilitates more than half the payments in Mexico.
What is Prosa payment?
Prosa operates a payments processor that processes 4.7 billion transactions annually in Mexico and Latin America, comprising more than half the transactions in that area. It handles America Express, Visa and Mastercard business.
Who owns Prosa?
Prosa is owned by a number of banks, including Grupo Financiero Banorte and the local arms of HSBC and Banco Santander. Reuters noted that an investment bank is in charge of shopping Prosa around. Sources spoke on condition of anonymity to discuss confidential matters. Prosa did not respond to requests for comment.
Is Prosa a buyer in 2021?
Posted on June 3, 2021. With Latin America a hot market for the expansion of digital payments, Mexico’s Prosa is looking for a buyer that will po ny up more than $1 billion, Reuters reported. Sources said that the sales process is attracting interest from a number of large payments and financial technology (FinTech) companies.
What is Prosa Mexico?
PROSA Mexico, one of the most important electronic transaction processors in Latin America, chose REALSEC’s cryptographic technology to give greater security to the transactions of its customers, as it works with different banks and franchisors of methods of payment operating in the region such as: Banco Santander, American Express, ...
Why is Prosa important?
For more than 50 years, PROSA has been promoting the use of methods of payment in order to simplify and bring greater transparency and security to financial operations, so it has been recognized, on different occasions, as one of the most innovative companies in Mexico.
What is REALSEC?
REALSEC, is an international manufacturer of encryption, digital signature, time stamping, PKI and Blockchain solutions for the financial and methods of payment, government, defense and industrial sectors.
Who is the CEO of Realsec?
Also the CEO of REALSEC, Jesús Rodríguez, noted: “For REALSEC, PROSA is a strategic customer and an important reference in the field of methods of payment, both for its leadership and for the relevance of the projects in which we have participated, as well as for the opportunity to work with its excellent human and technical team.
When was Prosa founded?
About PROSA. PROSA was founded in 1968 with almost 50 years of experience in the payment industry. Our services are used by 70 million cardholders around the world operating over 3,300 million transactions annually. We serve more than 140 financial and non-financial institutions across 8 Latin American countries.
How many countries does Prosa operate in?
PROSA has operations in eight Latin American countries and will provide mobile payment services to all customers, which include 95% of credit, debit and prepaid card issuers in Mexico.
What is Gemalto's partnership with Prosa?
Mobile World Congress, Barcelona, Spain – February 24, 2016 - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security and PROSA, one of the largest payment processors in Latin America, announce a partnership to bring mobile payments to Mexico. PROSA has operations in eight Latin American countries and will provide mobile payment services to all customers, which include 95% of credit, debit and prepaid card issuers in Mexico. Gemalto's Allynis Trusted Service Hub (TSH) enables easy new customer onboarding, which allows banks to swiftly launch their own NFC mobile payment wallets utilizing host card emulation (HCE). Another important feature of Gemalto's TSH is its ability to provision payment wallets from device manufacturers and mobile network operators as they launch in Mexico.