In-Brief

EVERTEC unveils updated mobile payment solution

Mike Vizcarrondo, EVERTEC’s executive vice president of payment services. Mike Vizcarrondo, EVERTEC’s executive vice president of payment services.

Electronic transaction processing firm EVERTEC announced Wednesday the availability of the new version of its mobile payment solution, EVERPay mPOS.

This solution that turns smartphones with iOS or Android operating systems into a point of sales, now has significant improvements and offers greater flexibility to merchants to accept payments from their customers safely, no matter where they are, said Mike Vizcarrondo, EVERTEC’s executive vice president of payment services.

“We’ve strengthened our payment solution and we are confident about the benefits that EVERPay mPOS will provide the island’s commercial sector,” he said. “Three years ago we revolutionized the Puerto Rico market with the only mobile solution that allowed processing ATM debit card payments, in addition to accepting and processing payments from major credit cards.”

Now, EVERTEC has added the latest technology to also process cards with chip technology, installment payments and a dashboard with reports and statistics. It also processes the government’s e-benefits card (“Tarjeta de la Familia”), cash and ACH transactions.

“Now merchants can have the most comprehensive mobile payment solution in Puerto Rico,” Vizcarrondo said, if the solution that consists of an application and a device that connects via Bluetooth to offer small and medium businesses, and non-traditional industries, an easy and cost effective payment processing solution.

Author Details
Business reporter with 25 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other areas of the economy.

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