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SAN JUAN, Puerto Rico–(BUSINESS WIRE)–EVERTEC, Inc. (NYSE:EVTC) (“EVERTEC” or the “Company”) today appear that it completed the accretion of 100% of the shares of basic banal of EGM Engineering Without Borders, accepted commercially as PlacetoPay. Based in Colombia, PlacetoPay is a aperture and acquittal account provider primarily in Colombia and Ecuador.



Mac Schuessler, EVERTEC’s President and Chief Executive Officer, said, “We are admiring to complete the accretion of PlacetoPay which will strengthen our attendance in Colombia. While this will not materially appulse our 2020 results, we ahead this aperture will become our primary agenda alms in the arena and accord to our Latin America advance strategy. We acceptable the PlacetoPay aggregation and its barter to Evertec.”

About EVERTEC



EVERTEC, Inc. (NYSE:EVTC) is a arch full-service transaction processing business in Latin America, accouterment a ample ambit of merchant acquiring, acquittal processing and business solutions services. The Company manages a arrangement of cyberbanking acquittal networks that action added than two billion affairs annually and offers a absolute apartment of casework for amount coffer processing, banknote processing and technology outsourcing. In addition, Evertec owns and operates the ATH® network, one of the arch claimed identification cardinal (“PIN”) debit networks in Latin America. Based in Puerto Rico, the Company operates in 26 Latin American countries and serves a adapted chump abject of arch banking institutions, merchants, corporations and government agencies with “mission-critical” technology solutions. For added information, appointment www.evertecinc.com.



Forward-Looking Statements

This advertisement may accommodate assertive advanced statements aural the acceptation of the “safe-harbor” accoutrement of the Private Securities Litigation Reform Act of 1995. Statements that are not absolute facts, including acquirement and balance estimates and management’s expectations apropos approaching contest and developments, are advanced statements and are accountable to cogent risks and uncertainties. Important factors that may account absolute contest or after-effects to alter materially from those advancing by such advanced statements accommodate the following: the aftereffect of accepted calm and common bread-and-butter conditions, including absolute defalcation situations, and approaching achievement and affiliation of acquisitions including PayGroup, and added risks abundant in the Company’s SEC filings, including the best afresh filed Form 10-K, as applicable. The Company undertakes no obligation to alter any of these statements to reflect approaching affairs or the accident of hasty events.

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