Prime Time

PrimeTime, operating as PTMPRIME S.A. de C.V., is a Mexican digital financial services provider authorized by the Comisión Nacional Bancaria y de Valores (CNBV) as an Institución de Fondos de Pago Electrónico (IFPE) under Mexico's Fintech Law. The company received its regulatory authorization in November 2021 after submitting its application in September 2019. PrimeTime offers a mobile-first financial platform that enables users to open accounts entirely online through its mobile app, without paperwork or physical branch visits. The company's core services include issuing Mastercard-branded prepaid debit cards, facilitating digital money transfers through SPEI (Sistema de Pagos Electrónicos Interbancarios), peer-to-peer transfers between PrimeTime cardholders, and bill payment services for utilities and other providers. Users can manage their finances through the PrimeTime mobile app, which provides real-time balance checks, transaction monitoring, SMS alerts for expense control, and the ability to activate or deactivate cards instantly. The platform supports contactless payments and can be used for both domestic and international transactions. As an IFPE, PrimeTime operates under strict regulatory oversight and cannot offer credit or receive investment deposits, focusing exclusively on payment processing and fund transfers. The company targets the general Mexican consumer market seeking accessible digital financial services. PrimeTime is headquartered in Ciudad de México, specifically in the Benito Juárez municipality, with offices located on Avenida Revolución in the Merced Gómez neighborhood.