With offices in Mexico and New York City, Arcus FI provides payments services, including bill pay and cash-in, cash-out for retailers, billers, fintechs, and traditional financial institutions in Mexico and the US. It is looking to expand to a broader audience in Latin America. The company already has partnered with important retailers and institutions, including Rappi, Walmart, Santander, and 7-Eleven.
According to Mastercard, the acquisition will accelerate Mastercard Bill Pay to LATAM since Arcus’ clients already issue most of their household bills in Mexico.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.