Evertec
Evertec is a leading full-service transaction processing business in Latin America and the Caribbean, providing a broad range of merchant acquiring, payment services and business process management services. In addition, Evertec processes approximately three billion transactions annually and offers technology outsourcing in all the regions it serves. Based in Puerto Rico, Evertec 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.
PayStudio
Evertec provides a card issuer solution on a single platform with multiple APIs to configure your own service. With our issuer processing service, you manage the end-to-end processing of your payment products. We provide efficiency and flexibility in managing your prepaid, debit, and credit card portfolio, leveraging industry trends. Our services are available to integrate payment mechanisms, support for business processes, and a specialized service center.
We service more than 100 issuers in 15 countries in Latin America with a flexible solution that encompasses some of these features:
- Multi-product, multi-language, multi-currency
- Complete real-time product management
- Account administration
- Customer origination, activation, and retention
- Contactless, chip and magnetic stripe card issuance
- Interfaces with external systems
- Online and offline authorization
- Tokenization and authentication
- Settlement of transactions
- Online fraud and risk management
Capabilities
| Category |
Issuer Processor | Instant Funding/ $0-Balance Transactions | Yes |
| Visa Credential and Card Support | Prepaid, Debit, & Credit | Proprietary or Visa Access Control Server (ACS) | Yes |
| In-Region Support | PR, DO, MX, GT, CR, PA, CO, BR, CL, UY | Risk Based Authentication (3DS 2.0) | Yes |
| PCI Compliance | Yes | Real-time Risk Scoring | Yes |
| Solution Deployment | Cloud | Custom Fraud Rules | Yes |
| Tenancy Architechture | Multi-product/Multi-client/Multi-BIN | BIN Sponsor Connections | Yes |
| Sandbox Testing Environment | UAT environment to emulate the production environment all Evertec clients | Program Management/ End-to-End | Partial |
| Visa Token Service (VTS) Support | Provisioning into E-comm/Card-on-File, Wearables, and Industry Wallets (including ApplePay) | Full-service Credit Program Management | No |
| Reporting | Custom, API-based | Multi-currency Partitioning | Yes |
| Uptime Availability in operational region(s) | 99.99% | Visa Direct Support | Yes |
| Customizable Authorization Decisioning | Yes | Visa QR Payments ("Scan to Pay" Support) | No |
| Authorization Flow | No | Visa Value-Added Services Integration | No |
| Incremental Authorization | Yes | Other Value-Added Services Integrations | Loyalty solutions, Payment gateway |
Program
Visa Ready
Capability
Issuer Processor
Evertec Siscard
Evertec provides a card issuer solution on a single platform with multiple APIs to configure your own service. With our issuer processing service, you manage the end-to-end processing of your payment products. We provide efficiency and flexibility in managing your prepaid, debit, and credit card portfolio, leveraging industry trends. Our services are available to integrate payment mechanisms, support for business processes, and a specialized service center.
We service more than 100 issuers in 15 countries in Latin America with a flexible solution that encompasses some of these features:
- Multi-product, multi-language, multi-currency
- Complete real-time product management
- Account administration
- Customer origination, activation, and retention
- Contactless, chip and magnetic stripe card issuance
- Interfaces with external systems
- Online and offline authorization
- Tokenization and authentication
- Settlement of transactions
- Online fraud and risk management
Capabilities
| Category |
Issuer Processor | Instant Funding/ $0-Balance Transactions | Yes |
| Visa Credential and Card Support | Prepaid, Debit, & Credit | Proprietary or Visa Access Control Server (ACS) | Yes |
| In-Region Support | PR, DO, MX, GT, CR, PA, CO, BR, CL, UY | Risk Based Authentication (3DS 2.0) | Yes |
| PCI Compliance | Yes | Real-time Risk Scoring | Yes |
| Solution Deployment | Cloud | Custom Fraud Rules | Yes |
| Tenancy Architechture | Multi-product/Multi-client/Multi-BIN | BIN Sponsor Connections | Yes |
| Sandbox Testing Environment | UAT environment to emulate the production environment all Evertec clients | Program Management/ End-to-End | Partial |
| Visa Token Service (VTS) Support | Provisioning into E-comm/Card-on-File, Wearables, and Industry Wallets (including ApplePay) | Full-service Credit Program Management | No |
| Reporting | Custom, API-based | Multi-currency Partitioning | Yes |
| Uptime Availability in operational region(s) | 99.99% | Visa Direct Support | Yes |
| Customizable Authorization Decisioning | Yes | Visa QR Payments ("Scan to Pay" Support) | No |
| Authorization Flow | No | Visa Value-Added Services Integration | No |
| Incremental Authorization | Yes | Other Value-Added Services Integrations | Loyalty solutions, Payment gateway |
Program
Visa Ready
Capability
Issuer Processor