In this sense, PayStudio plays a fundamental role in the management and optimization of payment operations of acquiring institutions, in addition to facilitating the entry of new players into the ecosystem. Whether due to regulatory changes, as in the cases of Getnet in Chile and Uruguay, OCA and Anda also in Uruguay, or because of a desire to join the ecosystem to compete or serve underserved segments, such as Broxel in Mexico, where Evertec has positioned itself as the technological ally that facilitates these incorporations thanks to its experience and knowledge of the different markets.
Not only do we pave the way for new players, but we also support existing acquirers in the continuation and efficiency of their operations. An example of this is Alelo in Brazil, which chose Evertec as its partner to manage its operation with PayStudio. Likewise, ATC in Bolivia has modified its model, joining the growing list of companies that rely on our solution.
What is the difference that Paystudio offers in adapting to all these business models and needs? Below, we explore how Paystudio is transforming the industry and why it has become a primary tool for the operation of modern financial institutions.
Innovation in every transaction
PayStudio is an advanced platform that enables acquirers to manage multiple merchants in an optimal way. It facilitates the acceptance of card payments, processes transactions and offers additional services such as advances and loans, improving operational efficiency and cash flow for your customers. Backed by Evertec’s solid infrastructure and experience, this solution is distinguished by its high performance.
Highlighted features
Compliance, safety and regulation:
three must-have ingredients in business
Security and fraud prevention are essential; complying with security regulations and employing advanced fraud detection technologies is imperative to protect consumer information. In addition, technology integration and flexibility are a must, as systems must be interoperable and facilitate the integration of payment solutions. This allows merchants to adapt quickly to market demands.
Facilitating secure transactions (3DS, EMV and tokenization) is a key pillar in merchant and consumer protection.
Acquirers face several challenges, regulatory compliance and resistance to change from merchants, who fear the costs of new technologies and prefer traditional methods. Paystudio is a platform that operates in multiple markets enabling expansion and growth throughout Latin America.
In summary, the acquiring business is in a constantly changing environment, full of opportunities and challenges. The key to success lies in innovation, security and customer service, adapting to the needs of merchants in a rapidly evolving digital landscape. PayStudio is positioned as a must-have tool for those looking to optimize their operations, enter the business and stay competitive in this dynamic ecosystem.
Additional notes:
3DS (Three-Domain Secure) adds a layer of verification to online purchases, which helps authenticate the buyer and reduces the risk of fraud, generating confidence in the payment process. EMV (Europay, MasterCard and Visa) uses a chip instead of a magnetic stripe, generating a unique code for each transaction. This makes cloning more difficult and improves security at points of sale and ATMs. Tokenization is the system by which sensitive card information is converted into a unique code that cannot be used outside of a specific transaction. So, even if the data is intercepted, the token has no value.