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Evo Payments Inc's Business Segments
Evo Payments Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
2
Largest Segment
Americas Segment
Total Revenue
$ 543
Regions Reported
-
Annual Results
Revenue Share by Reportable Segment - FY2022
- Americas Segment59.1%
- Europe Segment40.9%
Revenue by Reportable Segment - FY2022
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Americas Segment | $ 321 | 59.1% |
| Europe Segment | $ 222 | 40.9% |
Revenue by Product & Service Category - FY2022
- Sale and Rental of POS Equipment6.7%
Revenue by Product & Service Category - FY2022
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Sale and Rental of POS Equipment | $ 36 | 6.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Evo Payments Inc
Evo Payments Inc is a global provider of payment technology and services solutions for businesses of all sizes. The company operates in 50 countries and has in-house operations and global partnerships to deliver innovative payment solutions that help businesses grow and succeed. Here are some extensive descriptions of the company:
1. History: Evo Payments Inc was founded in 1989 as the merchant acquiring business of Deutsche Bank. Later, in 2012, the company became independent and was acquired by The Gores Group in 2013. Since then, it has expanded its geographic reach through organic growth and acquisitions.
2. Products and Services: Evo provides a broad range of payment technology and services solutions, including merchant acquiring, point-of-sale (POS) systems, e-commerce solutions, mobile payments, and more. The company also offers in-store and online processing, credit and debit card acceptance, and fraud management solutions.
3. Geographic Reach: Evo has a significant global presence, operating in more than 50 countries, including the US, Europe, Canada, and Mexico. The company delivers its solutions through its in-house operations as well as global partnerships.
4. Partnerships: Evo Payments Inc has established partnerships with leading banks, independent sales organizations (ISOs), and software providers. These partnerships help to expand its geographic reach and deliver integrated solutions that meet the unique needs of each market.
5. Industry Expertise: Evo Payments has extensive expertise in various industries, such as hospitality, healthcare, retail, and eCommerce. The company offers customized solutions to meet the unique needs of each industry, helping businesses improve their operations and customer experience.
6. Innovation: Evo is committed to innovation, investing in new technologies and solutions that help businesses optimize their payment processes. The company also offers tools and analytics that enable businesses to better understand consumer behavior and identify growth opportunities.
Customer Support: Evo prides itself on providing exceptional customer support, with a 24/7 support team that is always available to answer questions and resolve issues. The company also offers training and education resources to help businesses maximize the value of its solutions.
In summary, Evo Payments Inc is a global leader in providing payment technology and services solutions that help businesses of all sizes grow and succeed. The company's extensive geographic reach, industry expertise, innovation, and customer support make it a trusted partner for businesses worldwide.
1. History: Evo Payments Inc was founded in 1989 as the merchant acquiring business of Deutsche Bank. Later, in 2012, the company became independent and was acquired by The Gores Group in 2013. Since then, it has expanded its geographic reach through organic growth and acquisitions.
2. Products and Services: Evo provides a broad range of payment technology and services solutions, including merchant acquiring, point-of-sale (POS) systems, e-commerce solutions, mobile payments, and more. The company also offers in-store and online processing, credit and debit card acceptance, and fraud management solutions.
3. Geographic Reach: Evo has a significant global presence, operating in more than 50 countries, including the US, Europe, Canada, and Mexico. The company delivers its solutions through its in-house operations as well as global partnerships.
4. Partnerships: Evo Payments Inc has established partnerships with leading banks, independent sales organizations (ISOs), and software providers. These partnerships help to expand its geographic reach and deliver integrated solutions that meet the unique needs of each market.
5. Industry Expertise: Evo Payments has extensive expertise in various industries, such as hospitality, healthcare, retail, and eCommerce. The company offers customized solutions to meet the unique needs of each industry, helping businesses improve their operations and customer experience.
6. Innovation: Evo is committed to innovation, investing in new technologies and solutions that help businesses optimize their payment processes. The company also offers tools and analytics that enable businesses to better understand consumer behavior and identify growth opportunities.
Customer Support: Evo prides itself on providing exceptional customer support, with a 24/7 support team that is always available to answer questions and resolve issues. The company also offers training and education resources to help businesses maximize the value of its solutions.
In summary, Evo Payments Inc is a global leader in providing payment technology and services solutions that help businesses of all sizes grow and succeed. The company's extensive geographic reach, industry expertise, innovation, and customer support make it a trusted partner for businesses worldwide.
Evo Payments Inc. is a prominent player in the global payment technology landscape, providing an extensive array of segments, products, and services designed to facilitate seamless payment processing for businesses across various industries.
Segments:
Evo Payments Inc. targets several key segments to ensure that its payment solutions meet the diverse needs of different sectors:
1. Retail: Evo Payments offers comprehensive payment solutions that cater to both brick-and-mortar shops and e-commerce platforms. Their services are tailored to enhance the customer experience through fast and secure transactions.
2. Hospitality: The hospitality sector benefits from specific payment solutions geared towards hotels, restaurants, and bars. These solutions streamline transactions, enhance customer service, and aid in managing reservations and billings.
3. Healthcare: Understanding the unique challenges faced by healthcare providers, Evo Payments offers tailored solutions that make it easier for these organizations to process patient payments, manage billing efficiently, and comply with industry regulations.
4. Education: Evo Payments serves educational institutions by providing systems that simplify the management of tuition payments, donations, and other fees. This ensures a streamlined process for both the institution and its students.
5. Non-profits: Specializing in solutions for charitable organizations, Evo Payments helps non-profits accept donations easily and securely, manage payment workflows, and track fundraising activities efficiently.
Products:
Evo Payments Inc. provides a diverse portfolio of products designed to accommodate the needs of various business types and sizes. Key products include:
1. Point-of-Sale (POS) Systems: Evos all-in-one POS systems integrate payment hardware (like card readers and terminals) with sophisticated software, enabling businesses to accept various payment types, track sales, and manage inventory in real time.
2. Mobile Payment Solutions: With a focus on convenience, Evo Payments offers mobile payment solutions that enable businesses to accept payments using smartphones and tablets through a specialized app and card reader that easily attaches to devices.
3. Online Payment Gateway: The online payment gateway allows businesses to facilitate e-commerce transactions securely over the internet. It is designed to integrate seamlessly with online shopping carts, ensuring a smooth checkout experience for customers.
4. Gift Card and Loyalty Programs: Evo Payments provides businesses with tools to implement gift card programs and customer loyalty initiatives. These offerings help foster customer retention and create additional revenue streams.
Services:
Beyond its product offerings, Evo Payments Inc. delivers a robust suite of services to support comprehensive payment processing needs:
1. Payment Processing: Evo Payments specializes in end-to-end payment processing services, enabling merchants to efficiently accept both credit and debit card transactions, enhancing cash flow and operational efficiency.
2. Fraud Prevention: The company employs advanced fraud detection and prevention tools designed to safeguard businesses against potential fraudulent activities, significantly reducing their risk exposure.
3. Chargeback Management: Evo Payments assists merchants in managing chargebacks effectively, providing support for dispute resolution processes that help businesses recover lost funds and protect their revenue.
4. Customer Service: Committed to customer satisfaction, Evo Payments offers comprehensive customer support to merchants, ensuring timely assistance for any questions or concerns related to their payment processing systems.
Overall, Evo Payments Inc.s extensive segmentation, innovative product offerings, and dedicated services position it as a vital partner for businesses seeking reliable and tailored payment processing solutions. This adaptability ensures that clients across various industries can handle their transactions with confidence and efficiency.
Segments:
Evo Payments Inc. targets several key segments to ensure that its payment solutions meet the diverse needs of different sectors:
1. Retail: Evo Payments offers comprehensive payment solutions that cater to both brick-and-mortar shops and e-commerce platforms. Their services are tailored to enhance the customer experience through fast and secure transactions.
2. Hospitality: The hospitality sector benefits from specific payment solutions geared towards hotels, restaurants, and bars. These solutions streamline transactions, enhance customer service, and aid in managing reservations and billings.
3. Healthcare: Understanding the unique challenges faced by healthcare providers, Evo Payments offers tailored solutions that make it easier for these organizations to process patient payments, manage billing efficiently, and comply with industry regulations.
4. Education: Evo Payments serves educational institutions by providing systems that simplify the management of tuition payments, donations, and other fees. This ensures a streamlined process for both the institution and its students.
5. Non-profits: Specializing in solutions for charitable organizations, Evo Payments helps non-profits accept donations easily and securely, manage payment workflows, and track fundraising activities efficiently.
Products:
Evo Payments Inc. provides a diverse portfolio of products designed to accommodate the needs of various business types and sizes. Key products include:
1. Point-of-Sale (POS) Systems: Evos all-in-one POS systems integrate payment hardware (like card readers and terminals) with sophisticated software, enabling businesses to accept various payment types, track sales, and manage inventory in real time.
2. Mobile Payment Solutions: With a focus on convenience, Evo Payments offers mobile payment solutions that enable businesses to accept payments using smartphones and tablets through a specialized app and card reader that easily attaches to devices.
3. Online Payment Gateway: The online payment gateway allows businesses to facilitate e-commerce transactions securely over the internet. It is designed to integrate seamlessly with online shopping carts, ensuring a smooth checkout experience for customers.
4. Gift Card and Loyalty Programs: Evo Payments provides businesses with tools to implement gift card programs and customer loyalty initiatives. These offerings help foster customer retention and create additional revenue streams.
Services:
Beyond its product offerings, Evo Payments Inc. delivers a robust suite of services to support comprehensive payment processing needs:
1. Payment Processing: Evo Payments specializes in end-to-end payment processing services, enabling merchants to efficiently accept both credit and debit card transactions, enhancing cash flow and operational efficiency.
2. Fraud Prevention: The company employs advanced fraud detection and prevention tools designed to safeguard businesses against potential fraudulent activities, significantly reducing their risk exposure.
3. Chargeback Management: Evo Payments assists merchants in managing chargebacks effectively, providing support for dispute resolution processes that help businesses recover lost funds and protect their revenue.
4. Customer Service: Committed to customer satisfaction, Evo Payments offers comprehensive customer support to merchants, ensuring timely assistance for any questions or concerns related to their payment processing systems.
Overall, Evo Payments Inc.s extensive segmentation, innovative product offerings, and dedicated services position it as a vital partner for businesses seeking reliable and tailored payment processing solutions. This adaptability ensures that clients across various industries can handle their transactions with confidence and efficiency.