Evertec Signs Strategic Agreement with Transbank
Alliance strengthens Evertec’s position in Chile and reinforces its role as a technology leader in Latin America
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that it has entered into a strategic agreement with Transbank, the leading payment solutions operator in Chile and one of the largest acquirers in Latin America.
As part of this partnership, Evertec will operate Transbank’s transactional scope, along with selected platforms and services, providing the company with access to state-of-the-art technology.
"This collaboration with Transbank represents an opportunity to continue advancing the evolution of the payments ecosystem in Chile and across the region,” said Mac Schuessler, President & CEO of Evertec. “Evertec’s experience, scale, and innovation enable us to support Transbank in this new phase, while reaffirming our long-term commitment to Chile as a key market within our growth strategy for Latin America.”
