EVERTEC and Banco Santander Collaborate to Open Chilean Merchant Acquiring Market
Evertec, Inc. (EVTC)
Last evertec, inc. earnings: 2/25 04:05 pm
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ir.evertecinc.com
Company Research
Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) announced today the signing of an agreement with Banco Santander Chile (“Banco Santander”) under which Evertec will provide acquiring processing services as well as other solutions and regional expertise as Banco Santander enters the merchant acquiring business in Chile.Mac Schuessler, President and Chief Executive Officer of Evertec said, “We are extremely pleased to provide our products and services to Banco Santander, the first bank to announce plans to open the Chilean payments market. We are confident that our platform and services, together with our team of experts in the processing and acquiring business, will drive innovation and accelerate market growth as market participants look for alternatives. This confirms our strategy of localizing our platform for key markets such as Chile, as well as the transition of our license products to processing products. As a processor with loc
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