First Atlantic Commerce and EVERTEC Expand Caribbean Offerings
First Atlantic Commerce Ltd (FAC), a leading, Internet multi‐currency, payment and data management solutions provider, and EVERTEC, Inc. (“EVERTEC”), the Caribbean’s leading processor of electronic transactions, today announced FAC’s certification to EVERTEC’s e‐commerce processing platform in Puerto Rico.
FAC’s certification to EVERTEC means that FAC can now settle payment
transactions to all merchant acquiring banks on EVERTEC’s Puerto Rico
platform, providing merchants in the Latin American Caribbean Region (LACR)
with additional payment gateway choices and redundancies, in addition to
value added services currently unavailable.
As well, more acquiring banks in the LACR can now work with FAC to provide
complete end‐to‐end e‐commerce card payment solutions to their clients.
“We are very pleased to add FAC to our list of certified payment gateways and
provide them with a state of the art technology solution with the highest level
of security and reliability” said Félix M. Villamil, President of EVERTEC. “As a
world class processor, our commitment to our clients and partners of the Latin
American and Caribbean regions is to help them achieve their business goals by
providing the finest quality services and maximizing the cost/benefit equation
in all our solutions”.
Added FAC’s CEO, Andrea Wilson: “Our certification to EVERTEC gives us the
opportunity to offer our leading online payment and risk management solutions
to acquiring banks in the LACR and jointly promote secure e‐commerce
payment solutions in conjunction with EVERTEC.”
“The addition of acquirer processing with EVERTEC to our solutions portfolio is
key to our clients in the Caribbean and South America, and we look forward to
a long and mutually rewarding relationship with them.”
FAC provides online merchants with various value added payment and data
management services in addition to multi‐currency transaction processing for
retail, hotels, hospitality, car rentals, telecommunication services, third party
billing and Call Centre locations. FAC is able to process online transactions in
regional Caribbean, Central and South American currencies via supporting
acquiring banks on the EVERTEC platform.
EVERTEC’s e‐commerce processing platform for acquirer banks provides a world
class application to connect payment gateways and merchants with the primary
Credit and Debit Card Associations. EVERTEC’s flexible online solution
seamlessly integrates with various types of standard electronic message
formats used by the industry.
Also available to all merchants are FAC’s data solutions including Address
Verification (AVS) and Card ID Verification (CVC/CVV2) services, as well as
Verified by VISA and MasterCard SecureCode™.
For more information on FAC’s processing and international card payment
solutions, banks and merchants should contact Andrea Wilson at
today or visit the company’s website –
www.firstatlanticcommerce.com.
For more information on EVERTEC’s processing and payment solutions visit
www.evertecinc.com.
About First Atlantic Commerce
Headquartered in Bermuda, and established in 1998 to create secure cardbased
payment solutions for e‐businesses, FAC provides powerful technology
designed to work with most merchant platforms, including Microsoft®, UNIX,
and LINUX platforms. FAC’s cGate® technology offers service, flexibility and
security to adapt to many business and bank acquirer requirements. Business
solutions such as 3‐D Secure™ Payer Authentication, Virtual Corporations and
offshore multi‐currency payment solutions are available in various offshore
jurisdictions.
About EVERTEC, Inc.
EVERTEC, a subsidiary of Popular, Inc. (NASDAQ: BPOP), is a leading provider
of transaction processing and outsourcing services including application
processing, business process outsourcing, programming and IT consulting to
customers in 15 countries in a variety of industries. Through our transaction
processing services EVERTEC executes over 920 million transactions yearly,
and operates a network of over 4,300 automated teller machines and over
85,000 point‐of‐sale payment terminals. With over 1,700 professionals
operating in 7 countries within the Caribbean Basin, the United States,
Central and South America, EVERTEC supports a variety of production
platforms ranging from portable payment devices to high‐end mainframe
systems.
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