Riding on the wave of the acceptance local consumers have given to group discount offers, online marketing company Gustazos has joined forces with payment processing company Evertec to launch “Giftmall,” a new service that offers online gift certificates redeemable at dozens of local businesses.
Discover and Evertec Inc. announced Wednesday they have entered into an agreement that allows financial institutions participating in the island’s electronic banking network, known as ATH, to issue PIN-based debit cards with signature functionality via the credit card company’s network.
Evertec Inc. last week announced changes in leadership as it finalizes its transition to a stand-alone company, independent from Popular Inc.
Evertec Inc. reported Thursday that its total revenue increased by $7.4 million during the second quarter ended June 30, or 11 percent to $76.2 million, when compared to the same period in 2010, an improvement the company attributed in part to last year’s banking consolidation and certain improvements in the island’s economic activity.
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