EVERTEC, Inc. (NYSE: EVTC)

EVERTEC, Inc. is a leading full service transaction processing business and financial technology provider in Latin America, Puerto Rico and the Caribbean, providing a broad range of merchant acquiring, payment services and business solutions.

The company generates revenue primarily from merchant acquiring services that enable point of sale and electronic commerce merchants to accept electronic payments, payment processing services that support financial institutions in managing card programs, and business process management solutions such as core banking, cash processing, IT outsourcing and managed security services. Its customers include leading financial institutions, merchants, corporations and government agencies across the regions it serves.

The company operates through the following segments: Payment Services Puerto Rico and Caribbean, Latin America Payments and Solutions, Merchant Acquiring, and Business Solutions.

• Payment Services Puerto Rico and Caribbean: This segment provides access to the ATH debit network and other card networks to financial institutions, including authorization, processing, management and recording of ATM and POS transactions, ATM management, card processing, payment processing, ATH Movil, ATH Business and EBT services.

• Latin America Payments and Solutions: This segment provides access to the ATH network of ATMs and other card networks to financial institutions, including authorization, processing, management and recording of ATM and POS transactions, ATM management, card processing, payment processing, licensed software solutions for risk and fraud management and card payment processing, as well as licensing, support, maintenance, implementation and customization of software for core banking, credit, investments, payments, foreign exchange, mutual funds, pension funds and consortium, digital onboarding, digital signature and digital collection, and outsourcing of mission critical IT services.

• Merchant Acquiring: This segment includes revenues from services that allow merchants to accept electronic methods of payment, such as discount fees, membership fees, debit network fees, rental fees from point of sale devices, net of credit card interchange and assessment fees, and other services unrelated to transaction volume or value.

• Business Solutions: This segment comprises a full suite of business process management solutions including core bank processing, network hosting, managed services, managed security services, IT professional services, business process outsourcing, item processing, cash processing, fulfillment and resale of hardware and software products.

EVERTEC, Inc. is one of the largest merchant acquirers in Latin America by transaction volume and the largest in the Caribbean, operating the ATH debit network which is a leading debit network in the region. Its competitive advantages stem from offering a broad, integrated suite of services that traditionally required multiple vendors, serving multi geography clients with unified technology solutions, and leveraging data across the payment value chain to deliver differentiated value added services.

The company serves a diversified customer base of leading financial institutions, merchants, corporations and government agencies, with Popular being its largest customer, accounting for approximately 30% of revenues for the nine months ended September 30, 2025.