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Evertec wraps up acquisition of PayGroup

Evertec, a provider of payment processing and switching solutions in Puerto Rico, has wrapped up the previously announced acquisition of EFT Group, a Chile-based firm …

US acquirers target Latin America

US acquirers have shown considerable interest in the Latin American cards market over the last 15 years, particularly Brazil and Mexico. Despite recent economic uncertainty, there are still opportunit…

Transforming Chile’s payments market

Throughout the last five years, Chile has undergone a series of changes, such as the entrance of multinational banks, an uptick in branchless banking and governmental financial inclusion programmes. I…

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