First Atlantic Commerce and EVERTEC, Inc. expand online merchant transaction processing capabilities in Latin American Caribbean market

San Juan, Puerto Rico, and Hamilton, Bermuda - 12 September 2007

First Atlantic Commerce Ltd (FAC), a leading, Internet multi‐currency, payment and data management solutions provider, and EVERTEC, Inc. (“EVERTEC”), the Caribbean’s leading processor of electronic transactions, today announced FAC’s certification to EVERTEC’s e‐commerce processing platform in Puerto Rico.

FAC’s certification to EVERTEC means that FAC can now settle payment transactions to all merchant acquiring banks on EVERTEC’s Puerto Rico platform, providing merchants in the Latin American Caribbean Region (LACR) with additional payment gateway choices and redundancies, in addition tovalue added services currently unavailable.

As well, more acquiring banks in the LACR can now work with FAC to provide complete end‐to‐end e‐commerce card payment solutions to their clients. “We are very pleased to add FAC to our list of certified payment gateways and provide them with a state of the art technology solution with the highest level of security and reliability” said Félix M. Villamil, President of EVERTEC. “As a world class processor, our commitment to our clients and partners of the Latin American and Caribbean regions is to help them achieve their business goals by providing the finest quality services and maximizing the cost/benefit equation in all our solutions”.

Added FAC’s CEO, Andrea Wilson: “Our certification to EVERTEC gives us the opportunity to offer our leading online payment and risk management solutions to acquiring banks in the LACR and jointly promote secure e‐commerce payment solutions in conjunction with EVERTEC.” “The addition of acquirer processing with EVERTEC to our solutions portfolio is key to our clients in the Caribbean and South America, and we look forward to a long and mutually rewarding relationship with them.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development