Arcus’ full-stack platform improves speed and access to Mexico’s financial services ecosystem and is a gateway into Latin American markets
Enables the introduction of Mastercard Bill Pay to Latin America
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard (NYSE: MA) today announced it has acquired Arcus FI, an alum of the company’s Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America.
“Arcus is the ideal partner for us due to its real-time payment technology, which allows us to offer the fastest possible payment solutions for our clients”
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With offices in New York and Mexico City, Arcus helps to enable bill pay and cash-in, cash-out services for some of the biggest billers, retailers, fintechs and traditional financial institutions in the U.S. and Mexico, with expansion into Latin America. Its flagship solution, the Arcus Pay Network, has access to the largest retailers and direct connection with many of the largest billers in Mexico.
“The past year has shown how critical digital solutions are for people and businesses across the region,” said Laura Cruz, division president for Mexico and Central America at Mastercard. "With the addition of the Arcus team, we will enhance existing payment experiences and create new opportunities to address every day needs by connecting more people to the digital economy.”
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