Common use of TelePago Clause in Contracts

TelePago. EVERTEC will receive payment files from the TelePago Application and balance and combine with payments received from other sources. These files contain payments received by MiBanco, PC Banco, and TeleBanco VRU and Operators. This application also forwards payments truncated at Banco Popular’s branches. Reports containing payments received by agency are printed and forwarded to Customers’ clients either physically or via WEB.

Appears in 2 contracts

Sources: Master Service Agreement (EVERTEC, Inc.), Master Service Agreement (Popular Inc)