EVERTEC, Inc. Signs Agreement with Caja Popular Mexicana to Launch New Cards for Coops
October 27, 2021 at 04:05 pm EDT
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EVERTEC, Inc. announced that the company was selected as the issuer processor of a new payment product for Caja Popular Mexicana?s affiliate members. CPM decided to expand its payment offerings by introducing a new Mastercard? credit card on the Evertec PayStudio platform? which they launched to the national market during an event held earlier this month. This agreement leverages Evertec's PayStudio multi-issuer platform which offers CPM the ability to configure its credit products all within one system while also integrating into Evertec?s proprietary card monitoring and fraud prevention system, RiskCenter 360, guaranteeing both security and transparency. Likewise, CPM will take advantage of value-added services such as Back-office processing, Call Center management and Chargeback operations that are incorporated into the product suite. With this new agreement, Evertec continues to position itself as an ideal partner for customer-centric organizations, providing them with the technology solutions that address their clients? needs to digitize transactions and facilitate payment processes in Latin America and the Caribbean.
EVERTEC, Inc. is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. It serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The Company's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.
EVERTEC, INC. 
