(EVTC) Evertec - Ratings and Ratios

EVERTEC, Inc., a leading player in the Latin American and Caribbean financial technology landscape, operates a multifaceted business model that encompasses four primary segments: Payment Services - Puerto Rico & Caribbean, Latin America Payments and Solutions, Merchant Acquiring, and Business Solutions. This strategic segmentation enables the company to cater to a diverse range of clients, including financial institutions, merchants, corporations, and government agencies, with a broad spectrum of services tailored to their specific needs.

The company's merchant acquiring services are a crucial component of its operations, facilitating point of sales and e-commerce transactions for merchants across the region. By enabling the acceptance and processing of various electronic payment methods, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards, EVERTEC empowers businesses to expand their customer base and increase revenue streams. Furthermore, its payment processing services provide financial institutions and other issuers with the necessary infrastructure to manage, support, and facilitate the processing of credit, debit, prepaid, automated teller machines, and EBT card programs.

EVERTEC's business process management solutions offer a comprehensive suite of services, including core bank processing, network hosting and management, IT professional services, business process outsourcing, item and cash processing, and fulfillment solutions. These services are designed to cater to the needs of merchants, fintech companies, financial institutions, and corporate and government customers, helping them streamline their operations, reduce costs, and enhance overall efficiency. The company's ownership and operation of the ATH network, a personal identification number debit network, further underscores its commitment to providing seamless and secure payment solutions to its clients.

With a system that processes approximately six billion transactions, EVERTEC has established itself as a trusted and reliable partner for businesses and organizations seeking to navigate the complexities of the Latin American and Caribbean financial landscape. The company's direct sales force plays a vital role in promoting its services to a wide range of clients, from small and medium-sized enterprises to large corporations and government agencies. Founded in 1988 and headquartered in San Juan, Puerto Rico, EVERTEC, Inc. has evolved into a premier provider of transaction processing and financial technology solutions, with a strong online presence at https://www.evertecinc.com and a common stock listing on the New York Stock Exchange (NYSE:EVTC), ISIN: PR30040P1032, classified under the GICS Sub Industry: Transaction & Payment Processing Services.