Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

EVERTEC Signs Agreement With Caja Popular Mexicana to Launch New Cards for Coops

SAN JUAN, Puerto Rico–(BUSINESS WIRE)–EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that the Company was selected as the issuer processor of a new payment product for Caja Popular Mexicana’s (“CPM”) affiliate members. CPM, Mexico’s largest savings and loans cooperative with over 3 million members and 70 years of experience, decided to expand its payment offerings by introducing a new Mastercard® credit card on the Evertec PayStudio platform® which they launched to the national market during an event held earlier this month.

Mac Schuessler, President and Chief Executive Officer at Evertec stated, “The trust placed in Evertec by Caja Popular Mexicana to support its business strategy further solidifies Evertec’s position as one of the leading processors in Latin America. This agreement is a significant step that will allow CPM members to have more flexibility and increased access to better payment methods while expanding payment acceptance within Mastercard affiliated merchants.”

While Alfonso García Moreno, Deputy Commercial Director of CPM affirms, “our interest is to facilitate more efficient administration and management of credit products for our associates, while offering them differentiated product options that take CPM services to the next level. We found in Evertec the strategic partner we needed, as well as in PayStudio the flexibility to meet our business needs and support our continued growth and presence, not only in Mexico, but also throughout the region.”

This agreement leverages Evertec’s PayStudio multi-issuer platform which offers CPM the ability to configure its credit products all within one system while also integrating into Evertec’s proprietary card monitoring and fraud prevention system, RiskCenter 360, guaranteeing both security and transparency. Likewise, CPM will take advantage of value-added services such as Back-office processing, Call Center management and Chargeback operations that are incorporated into the product suite.

With this new agreement, Evertec continues to position itself as an ideal partner for customer-centric organizations, providing them with the technology solutions that address their clients’ needs to digitize transactions and facilitate payment processes in Latin America and the Caribbean.

About Evertec

EVERTEC, Inc. (NYSE: EVTC) is a leading full-service transaction processing business in Puerto Rico, the Caribbean and Latin America, providing a broad range of merchant acquiring, payment services and business process management services. Evertec owns and operates the ATH® network, one of the leading personal identification number (“PIN”) debit networks in Latin America. In addition, the Company manages a system of electronic payment networks and offers a comprehensive suite of services for core banking, cash processing and fulfillment in Puerto Rico, that process approximately three billion transactions annually. The Company also offers technology outsourcing in all the regions it serves. Based in Puerto Rico, the Company operates in 26 Latin American countries and serves a diversified customer base of leading financial institutions, merchants, corporations and government agencies with “mission-critical” technology solutions. For more information, visit www.evertecinc.com.

Contacts

Alexandra Lopez-Soler

(939) 400-6497

alexandra.lopez@evertecinc.com

Staff

Recent Posts

Barco Announces HDR by Barco is confirmed as a format for THE DEVIL WEARS PRADA 2, THE MANDALORIAN AND GROGU, and TOY STORY 5

LOS ANGELES, March 12, 2026 /PRNewswire/ -- Barco, the global leader in laser cinema, announced today…

19 minutes ago

Pixelworks Reports Full Year 2025 Financial Results

PORTLAND, Ore., March 12, 2026 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a provider of innovative…

19 minutes ago

Xiphactinus Surfaces at SXSW 2026: An Immersive Storyworld Where Ancient Apex Predators Clash With Modern Existence

Acclaimed author Rich Shapero's latest work comes to life through TooFar Media's experiential Immersive Portal,…

19 minutes ago

Historic Ewing Covenant Church Revitalizes Worship Experience With DPA Microphones

EWING, NEW JERSEY, MARCH 12, 2026 ― When Ewing Covenant Church made the decision to…

6 hours ago

Marshall Electronics Launches CV574-WP, its First 4K, All-IP, All-weather NDI®|HX3 POV Camera at NAB 2026

LAS VEGAS, MARCH 12, 2026 — Marshall Electronics introduces its first all-IP 4K POV camera,…

6 hours ago

Streaming Could Lead to Better Ads, Enhanced Experiences

Content Insider #950 – Evolving By Andy Marken - andy@markencom.com “You get a golden payday,…

9 hours ago