Evertec

Evertec provides financial institutions with technology infrastructure for payments and card processing. It acts as an issuer processor, and its services listed in the source material are payment processing, issuer services and banking technology.

Services The company supplies the processing and banking technology layer behind card and payment programmes. Issuer services cover the technical side of running cards for a bank or another financial institution, while payment processing handles the transactions themselves.

Clients Published target segments are fintech companies and businesses or enterprises, alongside financial institutions. Membership of a segment does not guarantee that a client will be accepted, and each relationship is subject to the company's review.

Position in the market Evertec is financial infrastructure, not a deposit-taking bank. Its products should not be read as bank deposits, and it should not be assumed to own every BIN used in programmes it supports. The material does not name legal entities, licences, countries, currencies or pricing, so a prospective client should ask which entity contracts, which issuing partner stands behind each programme and how fees are calculated.