{"id":18848,"date":"2021-06-17T13:29:37","date_gmt":"2021-06-17T13:29:37","guid":{"rendered":"http:\/\/www.evopayments.us\/staging\/?p=18848"},"modified":"2021-12-10T10:29:57","modified_gmt":"2021-12-10T15:29:57","slug":"evo-announces-acquisition-of-pago-facil-gateway-in-chile","status":"publish","type":"post","link":"https:\/\/www.evopayments.us\/staging\/evo-announces-acquisition-of-pago-facil-gateway-in-chile\/","title":{"rendered":"EVO Announces Acquisition of Pago F\u00e1cil Gateway in Chile"},"content":{"rendered":"\n<p>ATLANTA\u2013(<a href=\"https:\/\/www.businesswire.com\/\">BUSINESS WIRE<\/a>)\u2013EVO Payments, Inc. (NASDAQ: EVOP) (\u201cEVO\u201d), a leading global provider of payment technology integrations and acquiring solutions, today announced entry into an agreement to acquire Pago F\u00e1cil, a leading eCommerce payment gateway in Chile, in partnership with its joint venture with Bci, Bci Pagos (the \u201cJV\u201d). The acquisition delivers approximately 3,000 merchants to the JV and expands its in-market integrated payment solutions and technology capabilities which will enhance EVO\u2019s acquiring services and attract new customers.<\/p>\n\n\n\n<p>Founded in 2018 by Cristian Tala Sanchez, Pago F\u00e1cil offers an array of digital payment solutions, including acquiring services, eCommerce software integrations, and value-added solutions. EVO will also leverage Pago Facil\u2019s gateway capabilities to enhance its business in Mexico as well as other markets across Latin America EVO enters in the future.<\/p>\n\n\n\n<p>\u201cWe are very pleased to announce the acquisition of Pago F\u00e1cil following the recent operational approval of our joint venture in Chile\u201d stated James G. Kelly, EVO\u2019s CEO. \u201cPago F\u00e1cil will enhance our position in the market by providing us additional gateway customers to target for acquiring services and integrations to eCommerce referral partners to augment the JV\u2019s bank referral channel. Cristian and his team will bring significant eCommerce expertise across product, technology, sales and support. eCommerce has experienced enormous growth globally during the pandemic, and we expect an enduring change in consumer spending habits. We are excited to leverage Pago F\u00e1cil in Chile and across Latin America as we look to expand our footprint in the region.\u201d<\/p>\n\n\n\n<p>Eugenio von Chrismar, CEO of Bci, highlighted that the incorporation of Pago F\u00e1cil will bring benefits for SMEs and other businesses, adding, \u201cWith this acquisition we are strengthening our payment platform and our ability to support thousands of businesses to strengthen and develop their eCommerce capabilities. We believe that this is key to improve the competitiveness and productivity of enterprises, SMEs and other businesses that operate in Chile. This acquisition also demonstrates our commitment to find spaces for collaboration and development of synergies between banks and Fintech companies in Chile.\u201d<\/p>\n\n\n\n<p>Cristian Tala Sanchez, Founder, Pago Facil, added, \u201cThroughout 2020, our business demonstrated tremendous growth, including significant increases in processed transactions and payment volumes. We are excited to work with EVO and Bci, leveraging their payment capabilities and extensive customer base, to continue to grow our business and provide best-in-class eCommerce solutions in Chile and across Latin America. By joining forces with two leading organizations, we will greatly enhance our financial technology offering, which will benefit our existing relationships and enable us to attract new customers as well.\u201d<\/p>\n\n\n\n<p>The acquisition is expected to close in early June.<\/p>\n\n\n\n<p><strong>Forward-Looking Statements<\/strong><\/p>\n\n\n\n<p>This release contains statements about future events and expectations that constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties and other factors that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to: the ability of EVO and the joint venture to implement plans and other expectations with respect to Pago F\u00e1cil\u2019s business; and the other risks, uncertainties and important factors contained and identified (including under the heading \u201cRisk Factors\u201d) in EVO\u2019s filings with the Securities and Exchange Commission, any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof and, except for EVO\u2019s ongoing obligations under applicable securities laws, EVO undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.<\/p>\n\n\n\n<p><strong>About EVO Payments, Inc.<\/strong><\/p>\n\n\n\n<p>EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across the globe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the international markets it serves.<\/p>\n\n\n\n<p><strong>About Bci<\/strong><\/p>\n\n\n\n<p>Banco de Cr\u00e9dito e Inversiones (SSE: Bci) is Chile\u2019s third-largest private bank. Founded more than 80 years ago, it has more than 250 banking centers throughout Chile and more than 11,500 employees. It has operations in Miami and representative offices in Mexico, Lima, Sao Paulo, Bogota and Shanghai. In the US, Bci owns and operates the Bci Miami branch, Bci Securities and City National Bank, which was acquired in 2015, making Bci the first Chilean financial institution to own a bank in the United States.<\/p>\n\n\n\n<p>Bci is recognized by its peers because of its high corporate governance standards, transparency and financial strength. Throughout the past 6 consecutive years, Bci has been awarded by World Finance Banking as the \u201cBest Banking Corporation\u201d and \u201cBest Private Bank\u201d, as well as garnered first place on the \u201cChilean Customer Satisfaction Index\u201d. Bci has also been recognized in the 3rd place in the \u201cBest Place to Work\u201d Ranking in Chile in 2020 (1st in 2019) and also \u201cBest Corporate Reputation in Chile\u201d by Merco for the past 10 years, among other recognitions related with Corporate Governance, Corporate Social Responsibility and Financial Inclusion.<\/p>\n\n\n\n<p>Sarah Jane Schneider<br>Investor Relations &amp; Corporate Communications Manager<br>770-709-7365<br><a href=\"mailto:sarah.schneider@evopayments.com\">sarah.schneider@evopayments.com<\/a><\/p>\n\n\n\n<p>Source: EVO Payments, Inc.<\/p>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator is-style-dots\"\/>\n\n\n\n<div style=\"height:18px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n    <div class=\"cta cta-full\">\n        <img src=\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/11\/cta_full-width_3.jpg\" alt=\"\" \/>\n        <div class=\"content-holder\"> <!--this extra div is needed to make line behind content and above image-->\n          <div class=\"content\">\n            <h3>Connect with Us<\/h3>\n            <p>With business activities in 50 markets and 150+ currencies around the world, EVO is among the largest fully integrated merchant acquirers and payment processors in the world.<\/p>\n            <div class=\"button-container\"><a href=\"\/about\/contact-us\/\" class=\"btn border\">Contact Us<\/a><\/div>\n          <\/div> <!-- \/.content -->\n        <\/div> <!-- \/.content-holder -->\n    <\/div><!-- \/.cta -->\n\n        ","protected":false},"excerpt":{"rendered":"<p>ATLANTA\u2013(BUSINESS WIRE)\u2013EVO Payments, Inc. (NASDAQ: EVOP) (\u201cEVO\u201d), a leading global provider of payment technology integrations and acquiring solutions, today announced entry into an agreement to acquire Pago F\u00e1cil, a leading eCommerce payment gateway in Chile, in partnership with its joint venture with Bci, Bci Pagos (the \u201cJV\u201d). The acquisition delivers approximately 3,000 merchants to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18851,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":3,"_editorskit_typography_data":[],"_editorskit_blocks_typography":"","_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_mi_skip_tracking":false},"categories":[7],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EVO Announces Acquisition of Pago F\u00e1cil Gateway in Chile - EVO Payments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.evopayments.us\/staging\/evo-announces-acquisition-of-pago-facil-gateway-in-chile\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EVO Announces Acquisition of Pago F\u00e1cil Gateway in Chile - EVO Payments\" \/>\n<meta property=\"og:description\" content=\"ATLANTA\u2013(BUSINESS WIRE)\u2013EVO Payments, Inc. 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