EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company), today announced the launch of its ATH M³vil payment solution for e-commerce websites and mobile applications. This new solution will be available as of today for a limited group of merchants as part of an extended pilot and will be available for all participating business of ATH M³vil Business at the beginning of 2019.
Mac Schuessler, President & CEO of Evertec Inc. said, Given the rapid adoption of smart phones and ATH M³vil, we created this solution to streamline the online purchase process and offer our local merchants increased convenience to accept electronic payments in an easy and secure way. Additionally, our over 1.1 million users of ATH M³vil will now be able to pay faster on the digital platforms of the businesses participating in this extended pilot.
Puma Energy Puerto Rico will be one of the first businesses that will offer the ATH M³vil payment solution in its Puma Fast Pay application, an innovative application that allows the user to pay at the pump. Vctor Domnguez, General Manager of Puma Energy Puerto Rico, stated, We are very happy with this new solution that Evertec is offering us since it simplifies the payment process at our network of 230 gas stations around the island for our Puma Fast Pay users. With this functionality, we are improving the customer experience at our stations, which in turn simplifies our clients day-to-day.
Eduardo Marxuach, President & CEO of Supermercados Econo indicated, “We are seeing a change in the purchase behaviors of our consumer leveraging the technology resources available to them. By having the ATH M³vil payment solution on our EconoToGo platform, we offer our consumers a fast, secure and convenient way to pay for their goods. Today, the use of ATH M³vil within our EconoToGo application represents 46% of payments, less than one year since its launch.”
In this extended pilot phase, participating businesses include: EconoToGo, Puma FastPay, Gustazos, Connect Assistance, Gasolina M³vil, Clickup, and Uva!.
EVERTEC, Inc. (NYSE: EVTC) is a leading full-service transaction processing business in Latin America, providing a broad range of merchant acquiring, payment processing and business solutions services. The Company manages a system of electronic payment networks that process more than two billion transactions annually and offers a comprehensive suite of services for core bank processing, cash processing and technology outsourcing. In addition, Evertec owns and operates the ATH network, one of the leading personal identification number (PIN) debit networks in Latin America. 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.