Merchants: Protect your customers’ information by filling out the PCI Security Standards Council Self-Assessment questionnaire
To meet the Payment Card Industry Data Security Standard, it is important to keep the Self-Assessment Questionnaire up-to-date and renew it each year. By completing the questionnaire and being compliant, you secure your customers’ sensitive information and reduce the possibility that such information is used fraudulently. To complete the Self-Assessment Questionnaire, follow the instructions below: […]
Evertec agrees to acquire Chilean payments and technology company, BBR, SpA
Evertec today announced that it entered into a share purchase agreement to acquire 100% of the outstanding shares of BBR SpA (“BBR”) a Santiago, Chile based payment solutions and business technology company with operations in Peru. The aggregate purchase price for the shares is CLP 48,600 million, approximately USD$61 million at current exchange rates and is subject to customary adjustments.
Evertec announces extensions of key agreements with Popular and sale of certain assets
SAN JUAN, PUERTO RICO – February 24, 2022 – EVERTEC, Inc. (NYSE: EVTC) (“Evertec”) and its main operating subsidiary, Evertec Group, LLC (“Evertec Group”) today announced an agreement with Banco Popular de Puerto Rico (“BPPR”) and its parent, Popular, Inc. (NASDAQ: BPOP) (“Popular”) to modify and extend the main commercial agreements which had an initial term ending in 2025. These include a 10-year extension of the Merchant Acquiring Independent Sales Organization Agreement (the “ISO Agreement”), a 5-year extension of the ATH Network Participation Agreement and a 3-year extension of the Master Services Agreement (the “MSA”). The ISO Agreement, which sets our merchant acquiring relationship with BPPR, will now include revenue sharing provisions with BPPR. The MSA modifications include the elimination of the exclusivity requirement, the inclusion of annual MSA minimums through 2028 and adjustments to the existing CPI pricing escalator clause.
Meet one of our leaders: Ana Cristina Vera
En Evertec, estamos comprometidos con la diversidad, equidad de género y el desarrollo de las mujeres. Son rasgos claves de nuestro éxito que nos distingue y llena de orgullo.
8-digit BIN mandate for its Siscard platform
The development related to the logic of the system that modifies the previous practice of taking the account number from the first thirteen digits of the card number was completed and installed in the first quarter of 2021. Work is being done on the modification of variables and repositories that consider the six- position BIN […]
Notice to increase your protection
Each bank’s fraud department has protocols in place that are immediately activated when fraud is being detected. Knowing these controls can help you protect your business.
Dine Small in Puerto Rico
Dine Small is a campaign that falls under the Shop Small umbrella, focused on promoting local consumption. Dine Small targets the restaurant industry, accounting for 67% of the Shop Small expenditure. The impact for Merchants is that they will receive an increase in new and additional card members since they will have a benefit 100% […]
The ABCs of secure online shopping
To talk about security standards for electronic commerce transactions, it is necessary to understand the EMV 3D Secure (Three-Domain Secure) protocol. This protocol has come to play an important role in the e-commerce payments ecosystem, especially in recent years, when the pervasiveness of digital payments has not only grown exponentially but is expected to grow by more than 20% in the very near future.
ATH® New identity
ATH continues transforming Puerto Rico’s payments market (San Juan, Puerto Rico – November 3, 2021) – As part of its transformation of the local payments marketplace, Evertec®, a leading Fintech company for electronic transactions in Puerto Rico and Latin America, today presented ATH’s new identity and that of its family of products. Its new identity […]
Book with Evertec – November 2021
Be part of Evertec We invite you to participate in the next events and to share with other people who may be interested: PayTech 2021 November 24th and 25th Time: 10:10 am Costa Rican Hour The latest market trends for digital transformation in the payments ecosystem will be shared. We will have the panel on […]