Evertec, Inc. Common Stock (EVTC)
Competitors to Evertec, Inc. Common Stock (EVTC)
CardConnect
CardConnect, a part of First Data, competes with Evertec by offering seamless payment processing solutions and technology designed to cater to small and medium-sized businesses. CardConnect’s innovative approach, including its proprietary payment technologies and strong integration with various software platforms, allows it to penetrate niche markets intensely. This focus on technology integration provides a competitive advantage in appealing to businesses seeking customizable payment solutions, positioning them as formidable competitors to Evertec in relevant segments.
Fiserv, Inc.
Evertec, Inc. and Fiserv, Inc. compete in the financial technology landscape, particularly in payment processing and electronic banking solutions. Fiserv has established itself as a leading provider of financial services technology and possesses a broader range of services in digital banking, payments, and analytics. With its extensive client base and robust technology infrastructure, Fiserv can deliver highly specialized solutions and innovations at scale, providing it with a competitive edge over Evertec in numerous markets.
Global Payments GPN +2.96%
Global Payments is a prominent player in the payment technology sector, competing with Evertec by providing a wide array of payment processing solutions and advanced technology for a diverse range of clients, including e-commerce businesses and point-of-sale systems. Global Payments boasts a strong financial position and significant investment in innovation, giving it an edge through its vast global network. While Evertec specializes in specific markets, Global Payments maintains a broader audience, enhancing its competitive advantage in scalability and service diversity.
PayPal Holdings, Inc. PYPL +2.80%
PayPal Holdings, Inc. competes with Evertec primarily in the digital payments space, offering a robust platform for online transactions and peer-to-peer transfers. With its extensive user base and established brand recognition, PayPal has a significant advantage in the consumer market, where trust and ease of use are paramount. Although their primary market segments differ, PayPal's versatility and significant investment in technology development allow it to rival Evertec in certain financial service offerings, particularly in cross-border transactions.
WorldPay, Inc.
WorldPay, Inc. is another significant competitor to Evertec, focusing on acceptance, payment processing, and integrated solutions for merchants. WorldPay's global reach and partnerships with major e-commerce platforms allow it to provide comprehensive payment services across various channels, giving it a competitive advantage in markets requiring multi-channel solutions. While Evertec primarily serves Latin America and the Caribbean, WorldPay's expansive footprint enables it to compete effectively in international markets.