Payment processor Visa Argentina is for sale and could draw more than $500M, sources say. The...

|By:, SA News Editor

Payment processor Visa Argentina is for sale and could draw more than $500M, sources say. The processor - owned by several banks that issue Visa (V), including Banco Santander Rio, Citibank (C) and HSBC Argentina - is one of the largest in the country and is reportedly drawing on Morgan Stanley (MS) for an auction that likely involves private-equity firms.