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.
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.
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.
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.
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.
Effective Problem Solving: from design to products
More than 20 years has been devoted by Prosa to new technologies and to innovative projects that open the way to new software visions. Prosa started from the software design to develop, nowadays, hardware and software systems that open new ways, both in the Automotive and Beverages fields.
VeBox: the vending system
VeBox is an all inclusive solution for the remote telemetry of Point of Sales on the territory.
Ducati Data Analyzer
Prosa developed the first data acquisition system for every bykers, not only for the Moto GP champions!
POTRA: Pepsi Telemetry
POTRA: the first sales and diagnosis analysis system for fountain machines with thousands of installations...