Overview
- On March 4, President Javier Milei visited Visa Argentina’s Transaction Monitoring Center and hailed the company’s expansion, citing its acquisitions of Prisma and Newpay, with reports also referencing moves involving Upay and Texpert.
- Milei argued that cutting taxes, lowering inflation and deregulating constitute a return of private property, calling taxes “direct robbery” and likening the state to a “stationary thief.”
- He said his government will submit 90 legislative projects this year to build a legal architecture for a “free Argentina” intended to endure for 50 to 100 years.
- Government messaging links Visa’s strategy to modernize payments—adding tokenization and biometric authentication—to greater competition, lower transaction costs and consumer benefits.
- Milei praised Ministers Federico Sturzenegger and Luis Caputo for creating pro‑investment conditions, cast credit as a vehicle for social mobility beyond traditional bank guarantees, and invited more firms to invest in Argentina.