The incorporation of i2c signals the growth of the company in the region and provides a greater choice of market in the issuance and processing of the American Express, Mastercard and Visa programs.
REDWOOD CITY, California, September 14, 2021– (BUSINESS WIRE) – i2c Inc., a leading provider of digital payments and banking technology, today announced its certification with the Mexican payments network, Prosa, which gives local banks and fintech companies a greater choice in the issuance and processing of the American Express, Mastercard and Visa programs, while signaling its continued growth and investment in the Latin American and Caribbean 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 that include debit, credit, cross-border or installment products for consumers and small business users. It also means the presence of an established alternative issuer-processor for the burgeoning electronic payments and financial technology market.
“We are delighted to be part of the ongoing wave of payments innovation occurring in Mexico and to work together with Prosa to bring best-in-class alternatives to the market,” said Kevin Fox, Executive Vice President, Head of Global Sales for i2c. “Joining forces with one of the largest electronic transaction processors in Latin America supports our mission to provide customers in Mexico and around the world with the flexibility and speed to grow anywhere,” added Fox.
Prosa processes more than 3.6 trillion transactions annually at points of sale, ATMs, mobile devices and online. This represents more than 1,300 million Mexican pesos a year, which makes Prosa one of the largest processors in Latin America. Prosa has been a strategic player in promoting the development of financial and non-financial institutions in the payments industry in Mexico, as well as in 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 over the last 50 years.
Prosa, through its CARNET acceptance brand, allows financial institutions issuing cards (credit, debit, vouchers, electronic wallets, among others) to access the entire electronic transaction network. These include point of sale terminals, ATMs, web commerce portals, and more.
About i2c Inc.
i2c is a global provider of highly configurable banking and payment solutions. Using its “building block” technology, i2c customers can easily create and manage a comprehensive suite of solutions for credit, debit, prepaid, loans and more, quickly and cost-effectively. i2c offers unmatched flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001 and headquartered in Silicon Valley, i2c’s next-generation technology helps millions of users in more than 200 countries and territories in all time zones. For more information, visit www.i2cinc.com and follow us @ i2cinc.
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i2c marketing director