Ruben Salazar, Visa’s innovation and product head for LatAm and the Caribbean, says the deal will help Visa offer a host of better products in these regions. These products will centre around tokenisation, multi-rail integration, identity validation, authentication and risk. The acquisition also fits into Visa’s network-of-networks strategy, according to Eduardo Coello, Visa’s regional president for these two regions. “YellowPepper’s technology, which acts like a ‘universal adapter’, will be key to build on our ’network-of-networks’ strategy to become a single point of access for initiating any transaction type and enabling the secure movement of money.”

https://www.fintechfutures.com/2020/10/visa-to-acquire-latam-api-based-payments-fintech-yellowpepper/