back Back

i2c Certifies on Mexico’s Prosa Payments Network

By Edlyn Cardoza

September 15, 2021

Share

i2c, Digital Banking, Mobile bankingi2c Inc., a leading provider of digital payment and banking technology, recently announced its certification with Mexican payments network, Prosa, providing local banks and FinTechs greater choice in issuing and processing American Express, Mastercard and Visa programs while also signaling its continued growth and investment in the LAC region.

The Prosa partnership marks the expansion of the company’s presence in Mexico with the ability to enable highly configurable payment and banking solutions including debit, credit, cross-border or installment type products for consumers and small business users. It further signifies the presence of an established, alternative issuer-processor for the burgeoning electronic payments and FinTech market.

“We’re thrilled to be part of the ongoing wave of payments innovation occurring in Mexico and to be working alongside Prosa to deliver best in class alternatives to the marketplace,” said Kevin Fox, EVP, Global Head of Sales for i2c. “Joining forces with one of the largest electronic transaction processors in Latin America supports our mission of providing clients in Mexico and worldwide with flexibility and speed to grow anywhere,” added Fox.

Prosa processes more than 3.6 trillion transactions annually at the point of sale, ATMs, mobile devices and online. This accounts for more than 1.3 billion Mexican pesos per year, making Prosa one of the biggest processors in Latin America. Prosa has been a strategic player to promote the development of financial and non-financial institutions in the payments industry in Mexico, as well as the other seven countries where it has a presence. Prosa offers a portfolio of services and solutions with the highest world-class standards, which are accredited through certifications and recognitions that have been obtained throughout the past 50 years.

Prosa, through its acceptance brand CARNET, allows financial institutions that issue cards (credit, debit, vouchers, e-wallets, among others) access to the entire network of electronic transactions. These include point of sale terminals, ATMs, web commerce portals, and more.

i2c is a global provider of highly configurable payment and banking solutions. Using i2c’s proprietary “building block” technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c’s next-generation technology supports millions of users in more than 200 countries/territories and across all time zones.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Article

September 15, 2021

Worldline to provide WhatsApp Business API services

Read More
Next Article

September 15, 2021

Yieldbroker partners with IHS Markit to bring InvestorAccess to Australia

Read More

IBSi Prime News

Embedded Finance

September 24, 2021

European brands increasingly looking at embedded finance, but barriers still exist

Read More
  • Daily in-depth news analysis
  • Weekly chart curated via IBSi research
  • Exclusive weekly Financial Technology use case
Subscribe to Prime

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 24, 2021

The 4 most used apps in Canada revolutionizing the Payments medium

Read More

September 24, 2021

Claro launches its “Bye Now Pay Later” campaign in the UK

Read More

September 24, 2021

Airwallex raised US$200 million in Series E funding round

Read More

Related Reports

Pages

Bank-wide
Core Banking Market Dynamics Report 2021

£2,000 / year

Know More

Pages

Market Reports
US Financial Services Technology Report 2021

£1,500 / year

Know More

Pages

Retail Banking
Core Banking Market Dynamics Report 2021

£2,000 / year

Know More

Pages

Wealth Management
Wealth Management & Private Banking Systems Report 2021

£1,500 / year

Know More

Pages

Wholesale Banking
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More