EVERTEC, Inc. is a service transaction processing business in Latin America. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. The Merchant Acquiring segment consists of services that allow merchants to accept electronic methods of payment. Its services include a discount fee and membership fees charged to merchants, debit network fees and rental fees from point-of-sale (POS) devices and other equipment, net of credit card interchange and assessment fees. The Payment Processing segment provides access to the ATH network and other card networks to financial institutions, including services, such as authorization, processing, management and recording of automated teller machines (ATM) and POS transactions, and ATM management and monitoring. The Business Solutions segment consist of a suite of business process management solutions in various product areas, such as core bank processing, network hosting and management, among others.