Evertec gets 15-year tax break, to invest $200M in Puerto Rico
November 5, 2012
Evertec Group, LLC has received a 15-year tax grant from the Puerto Rico government under the Tax Incentive Act 73 of 2008, in exchange for several long-term commitments including a $200 million investment during the life of the benefit, company officials said.
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Evertec looking to back next ‘blockbuster’ tech solution
September 18, 2012
Evertec is looking for the next technological application that will turn the financial world on its head. The next PayPal or Square. And to make it a reality for a Puerto Rican company, the company is willing to put its money — and its corporate muscle — to work.
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Guayacán announces 8th edition of ‘EnterPRize’ business plan competition
August 29, 2012
Puerto Rico start-ups looking to finance their operations will have the chance to vie for three cash prizes totaling $80,000 to be awarded during this year’s eighth annual edition of the “EnterPRize” business plan competition, sponsor Grupo Guayacán announced Tuesday.
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Electronic payment options broadening for Puerto Rico consumers
August 13, 2012
Puerto Rico’s electronic payment processing options are about to get a bit more interesting with the addition of new services in coming months through the Evertec Inc. network, company Executive Vice President Carlos Ramírez said during a recent interview with News is my Business in Miami.
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tPago mobile payment system expanding to LatAm, P.R.
August 9, 2012
MIAMI, Florida — GCS International, a regional company specializing in the management of mobile payment systems based in the Dominican Republic, unveiled plans Wednesday to expand its tPago platform to Colombia, Guatemala, El Salvador and Puerto Rico.
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Evertec, Gustazos launch ‘Giftmall’ gift certificate site
June 1, 2012
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.
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Local banks on Evertec network cleared to issue Discover cards
March 22, 2012
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.
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Evertec shuffles top management
February 27, 2012
Evertec Inc. last week announced changes in leadership as it finalizes its transition to a stand-alone company, independent from Popular Inc.
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Evertec Inc. reports 11% 2Q revenue jump
August 13, 2011
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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