Evertec

Evertec, Inc. is a prominent transaction processing company operating in Latin America and the Caribbean. The firm is organized into four primary segments: Payment Services for Puerto Rico and the Caribbean, Payment Services for Latin America, Merchant Acquiring, and Business Solutions. It offers a range of services including merchant acquiring, which allows businesses to process electronic payments via debit, credit, prepaid, and electronic benefit transfer cards. Additionally, Evertec provides payment processing services that support financial institutions in managing credit and debit transactions, alongside fraud monitoring solutions. The company also delivers business process management services such as core banking solutions, IT consulting, and cash processing to a diverse clientele that includes financial institutions, merchants, and government entities. With a robust electronic payment network, Evertec processes approximately two billion transactions annually and primarily markets its services through a dedicated sales force. Founded in 1988 and headquartered in San Juan, Puerto Rico, Evertec has established itself as a leader in its field.