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Stock impact report

EVERTEC Supports New Payment Solution for Éxito, Colombia’s Largest Supermarket Chain

Evertec, Inc. (EVTC) 
Last evertec, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.evertecinc.com
Company Research Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that Almacenes Exito SA (CB: EXITO) (“Exito”), the largest supermarket chain in Colombia, is rolling out a new donation card service for consumers affected by COVID-19 supported by Evertec’s recently acquired digital payment gateway, PlacetoPay, as well as Evertec’s card issuing platform. This new service allows customers to donate, thru the portal, for the purchase of basic necessities redeemable using a virtual card at all Grupo Éxito establishments. For every $50.000 COP of card purchases through April 30th, Éxito will contribute $5.000 COP to a relief fund for those impacted by COVID-19.Mac Schuessler, EVERTEC’s President and Chief Executive Officer, said, “Éxito’s new service demonstrates our continued expansion of our gateway solution, PlacetoPay. While this will not materially impact our 2020 results, we anticipate this gateway will become our primary digital offe Show less Read more
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