Mastercard has acquired Arcus FI to support the delivery of real-time payment applications across Latin America. Arcus FI, which is an alum of Mastercard's 'Start Path' programme, has offices in New York and Mexico City and its flagship solution, the Arcus Pay Network, has access to large retailers and direct connection with many of the largest billers in Mexico. Mastercard said that the acquisition, the terms of which were undisclosed, will accelerate the introduction of Mastercard Bill Pay to the Latin American market. Mastercard Bill Pay allows consumers to view, manage and pay their household and other personal bills from within their preferred financial service provider's app and is already live with banks and credit unions and a network of 135,000 billers in the US as Mastercard Bill Pay Exchange. "The past year has shown how critical digital solutions are for people and businesses across the region," said Laura Cruz, division president for Mexico and Central America at Mastercard.