EVERTEC, Inc. provides various transaction processing services to financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates in three segments: Merchant Acquiring, Payment Processing, and Business Solutions. The Merchant Acquiring segment provides various merchant acquiring services, which enable point of sales (POS), and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The Payment Processing segment provides authorization, processing, management, and recording of automated teller machine (ATM) and POS transactions, as well as ATM management and monitoring services. It also offers card processing services, including credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; payment processing services comprising payment and billing products for merchants, businesses, and financial institutions; and EBT services. The Business Solutions segment provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions. EVERTEC, Inc. manages a system of electronic payment networks that process approximately two billion transactions. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. is headquartered in San Juan, Puerto Rico.