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Learn About Credit - What is a FICO Credit Report? - Mexican electronic payments processing firm Controladora Prosa SA sees good chances for expansion in the card-based payment market where it hopes to take share away from competitors.

Prosa, which operates one of the largest electronic payment networks in Latin America, relaunched its general purpose card brand Carnet nearly three years ago, aiming to gain ground in credit, debit and prepaid cards.

Carnet, which can only be used in Mexico, is offered free of charge to card issuers like banks as a lower-cost alternative to the card brands of international firms like Visa Inc. (V), which charge brand-licensing ...

Abogados August 6, 2009 08:59 AM