Breaking Boundaries: A closer look into Puerto Rican economics. Miguel Vizcarrondo Executive Vice-President Payments

Transcription

1 Breaking Boundaries: A closer look into Puerto Rican economics Miguel Vizcarrondo Executive Vice-President Payments

2 Agenda >Who we are? >History >What we do? >Latam growth- breaking boundaries outside Puerto Rico >Innovation

3 Leading full-service transaction processing business in Latin America, focused on simplifying commerce for merchants, financial institutions, government agencies, and consumers.

4 About us Over 25 years of experience > 1,900 employees (> 1,300 based in Puerto Rico) First and only Puerto Rican technology company to list on the NYSE Strategic presence in 18 countries in Latin America Contracted and audited directly by the FED A key partner of the Puerto Rican government

5 Key facts #10 largest merchant acquirer in Latin America* Own and operate the biggest Debit Network in the Caribbean Over 180 Financial Institutions as clients Over 2.1 billion transactions per year Full services and end to end solutions across the entire transaction value chain Establecidos desde *Nilson report 2015.

6 Our History* Evertec created as subsidiary of Banco Popular Consolidates processing and technology functions of Banco Popular de Puerto Rico and GM Group Began operations in El Salvador Acquired ScanData & TII Smart Solutions ATH Network signed agreement with NYCE for ATH acceptance across the U.S. Expanded into Guatemala, Aruba and Curacao Evertec begins to service 100% of the EBT subsidy payments for the Federal Government Established local Panama office Acquired SENSE in Puerto Rico Apollo acquired a 51% interest in Evertec from Banco Popular Evertec began transition to a separate, standalone entity Launched several new products including EVERPay, cloudbased core banking, ATH Móvil (P2P) IPO listed on NYSE under the ticker symbol EVTC Increased Latam focus Entered into a merchant acquiring alliance with FirstBank Acquired 65% of Processa, a payment processor in Colombia *Since spin-off from Banco Popular

7 What we do solutions for business solutions for financial institutions solutions for merchants Products & Services Cash and document banking processing Networks infrastructure IT consulting services Operational process outsourcing Products & Services Red ATH Card Issuing and Acquiring Processing Electronic Payment Processing ATM & POS Processing Full suite of merchant acquiring solutions that enable our merchant customers to accept all forms of electronic payments credit, debit, prepaid, EBT, cardless and mobile.

8 Latam growth strategy How are we doing it? U.S. Maximizing our competitive advantages First hand knowledge of the markets Diversified business model across the transaction processing value chain Language advantage Looking forward Further penetration and increased share in our markets Strategic expansion into new geographies Argentina Peru Chile Mexico Guatemala El Salvador Current presence Further penetration Bermuda Grand Cayman Dominican Island Republic Puerto Rico Belize British Virgin Islands Haiti Honduras U.S. Virgin Islands Nicaragua Curacao Costa Rica Venezuela Panama Colombia Peru Chile Argentina

9 Regional focus Local offices in various countries Puerto Rico, Costa Rica, Dominican Republic, Guatemala, México, Panamá and Colombia Increased productivity and competitiveness as a result of the regional knowledge generation and network of production Centers of excellence: Chargebacks from Dominican Republic Call center from Costa Rica Programmers from Venezuela Work from home

10 A track record of innovation

11 EVERPay mpos, is a mobile payment solution that allows merchants the freedom to process credit card and ACH payments anywhere their business takes them. Web based payment processing application with interactive PIN pad. Reader connection to cellphone or tablet GPS Electronic signature Receipts by Geolocation

12 Banco Popular Easy deposit mobile Deposit 24/7 from anywhere Easy deposit ATM Deposit checks or cash through an ATM machine. App for Apple Watch Second bank worldwide and only bank in PR with an app for Apple Watch.

13 A full self-service payment acceptance device which processes credit and debit cards, ACH and cash payments. Our configurable touch-screen user interface device, provides both, centralized and remote management and monitoring tools.

14 EVERPay Collect lets you create and send payment requests from an application installed in your phone or through a website. You can send the request by or text message and when your customer receives the message, he will be redirected to EVERPay Checkout where he will be able to complete the payment from a mobile device or computer using a debit card with PIN, credit card or ACH.

15 Card control platform Allows the cardholder to activate or deactivate their cards from a mobile app or through a website. The cardholder can configure: Authorized payment channels to use card: POS, ATM, online and phone Select and authorize countries Recurring payments management Set limits by frequency or stores

16 ATH Móvil is the first service that allows you to send and receive money person to person from your cellphone or computer, and between accounts from different banks or credit unions. New security features or text notifications when a change is done in the user profile Controls to limit which merchants use the application as a payment method 0 fraud incidence since product Touch ID available Facilitates faster and more secure access Available exclusively on: iphone 5S iphone 6 iphone 6 Plus

17 ATH Móvil Transactions 48 Banks participating (BPPR + FB + 45 CUs) 700k Registrations 16M Completed transfers $1.1B Money transferred 1.6M App downloads *As of September 31, 2016

18