How a Network Connects the World
VisaNet: The world’s largest electronic payment network
As more people, more businesses, merchants and governments have adopted electronic payments, it has placed greater demand on the infrastructure required to process these transactions. As a leading global payments technology company, Visa continues to enhance its payments processing network, which today is capable of handling more than 20,000 transaction messages per second with reliability, convenience and security.
In the early 1970s, Visa created the world’s first electronic credit card authorization system. Since then, Visa has been continually improving, refining and expanding VisaNet. We’ve invested hundreds of millions of U.S. dollars in our network to ensure it remains ahead of the growing demand for secure and reliable electronic payments. Over the years, Visa has applied technology to provide our clients with information, efficiencies and global connectivity. Today, VisaNet provides domestic and international processing of credit, debit, prepaid, and commercial payment products to nations in every corner of the world. Our four synchronized, state-of-the-art data centers are connected to the world through 1,600 secure network endpoints linked by 1.2 million miles of fiber optic lines.
VisaNet’s centralized, modular network offers something no other payment network can: a complete, customizable processing package that can deliver precisely the products, services and features demanded by any nation or any central bank. In an effort to enable banks in a domestic market to offer domestic payment products and diversify their product portfolio, Visa has formed a joint venture, Visa Debit Processing Services (DPS). Visa DPS provides domestic processing solutions, including multi-currency and multi-language debit, credit, and prepaid issuer processing services to financial institutions.
|Authorization ProcessingOur authorization service options are highly customizable, offering real-time and stand-in support that enables you to provide fast, reliable transaction authorization wherever your cardholders choose to conduct business — at the ATM or point of sale, over the Internet, or via telephone.|
|Back Office & Administrative PortalsAccess all of your information and program tools through our easy to use online portals. From back office capabilities to documentation about available products and services, these portals give you single sign-on entry points to almost everything you need.|
|Card & Account MaintenanceSearch, add, delete and update card and account records on the Visa system at any time with the convenience of Card & Account Maintenance. This important back office application lets you directly interface with our system to manage and monitor the resident cardholder information when and how you need. You’ll have access to a wealth of well organized information and the ability to control individual access based on security profiles you define.|
|Settlement ServicesMAP offers "single point settlement," which means you will settle one time each day. With our simplified single point settlement, you no longer need to worry about individual settlement positions for multiple network cut-off times. We will provide you with daily activity reports so you can book the appropriate entries to your internal general ledger accounts.|
|Visa Resolve Online (VROL)Visa Resolve Online (VROL) is a fully integrated, best-in-class dispute processing solution that can help improve user productivity and reduce labor/training costs as well as errors associated with back-office exception processing. It includes an extensive transaction inquiry component and a comprehensive exception management processing system, plus ancillary functions such as accounting and cardholder letter generation.|
|24/7 Call CenterMAP offers high quality call center support that can help you reduce backoffice expenses and fraud losses. Our Cardholder Support Services (CSS) include 24/7 hot carding and card activation, customer service for Visa products including Verified by Visa and Visa prepaid products, as well as turnkey fraud monitoring and case management solutions for financial institutions using Falcon Fraud Manager.|