Comprehensive Processing Support for Visa Payment Products
Visa® Debit Processing Service provides financial institutions with a comprehensive processing solution and single-point access to Visa payment products and services. With Visa Debit Processing Service, you get a complete processing solution distinguished by leading-edge technology and exceptional client service. Leading financial institutions throughout the United States have responded to Visa’s commitment to processing excellence—establishing Visa Debit Processing Service as the largest volume issuer processor of Visa transactions in the world.
As an integral part of Visa’s Comprehensive Debit Strategy, Visa Debit Processing Service supports Visa payment products including Visa check card, Visa credit card1, Visa prepaid cards, Interlink®, Visa/Plus® ATM Network, Visa POS Check Service, and Visa ePay. In addition, Visa Debit Processing Service provides full-function ATM terminal driving and network gateway services.
Let Visa Debit Processing Service help you maximize the value of your Visa payment products with exceptional processing and support services.
Benefits of Visa Debit Processing Service
- Reduce processing costs. Consolidate all of your card-based activity on an integrated platform— reducing costly infrastructure, eliminating redundant functionality, lowering telecommunications costs, and streamlining back-office procedures.Visa Debit Processing
- Streamline operations. Simplify daily reconciliation, balancing, and exception processing tasks with a single solution for all of your EFT processing needs and a “one-stop” shop for all related business processes.
- Manage risk. Utilize advanced risk management tools including Visa Advanced Authorization, Falcon™Fraud Manager,2Flash Fraud Rules, and full-function fraud call center services to help your financial institution manage risk and reduce administrative expenses associated with fraud management. The equipment, systems, and staff to deliver these services reside at Visa, minimizing your resource requirements.
- Stay on the leading edge of technology and delivery. Maximize the productivity of your Visa programs by combining advanced processing technology with the latest Visa product releases and enhancements for fast and efficient market entry.
- Get the support you deserve. Enhance your ability to achieve full value from your Visa payment products with world-class client implementation and ongoing client support.
- Enhance customer satisfaction. Rely on advanced continuous availability systems, including a world-class data center and redundant back-up and recovery system, to serve your cardholders wherever and whenever they transact business—enhancing your approved transaction rate and cardholder satisfaction.
Products
Visa Debit Processing Service provides processing services for a suite of Visa products including:
- Visa check card. Provides signature-based purchasing convenience and delivers a flexible "pay now" payment solution.
- Visa Business check card. Helps you serve the large and growing small business segment by meeting the day-to-day payment needs of business owners and their employees.
- Visa credit card. Provides routing and authorization services on a pass-through basis for Visa's "pay-later" payment solution.1
- Visa prepaid cards.Supports a full suite of pre-funded card applications that offers a new opportunity to reach large spending segments that were previously the domain of cash, checks, rebates, and vouchers with a "pay-before" payment solution.
- Interlink.Provides nationwide PIN POS-based purchasing at nearly 1.4 million merchant locations3 and is the "Top PIN-based POS debit network in the nation" according to ATM & Debit News.4
- Visa/Plus ATM Network. Offers a compelling choice for your financial institution's primary ATM network. The Visa/Plus ATM Network has an extensive presence throughout the United States and the world with more than 1 million ATMs in 165 countries.5
- ATM Terminal Driving Services. Supports comprehensive terminal driving for a wide range of ATM device types and provides a selection of special features—including remote access, cash and check deposit capabilities, and marketing and language options—to enhance the appeal of your ATMs.
- Network Gateway Services. Offers maximum coverage and convenience with links to all major national and regional ATM/POS networks—including Visa's own Plus and Interlink Networks.
- Visa POS Check Service. Streamlines check processing operations by converting consumers' paper checks into electronic transactions at the point of sale.
- Visa ePay. Provides a fully automated, electronic payment delivery system that links billing financial institutions, payment originators, billers, and credit counseling agencies to ensure that electronic bill payments initiated by consumers remain electronic from entry to posting.
Services
Visa Debit Processing Service provides the following support services:
- Authorization processing. Features robust and flexible authorization solutions for Visa and ATM card products including contactless and instant issue card support.
- Settlement and reporting. Provides a single settlement position and time for your card programs, accompanied by comprehensive reports.
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Risk management and fraud detection. Offers a variety of flexible risk management services to help your financial institution reduce fraud losses and lower administrative expense associated with managing fraud. Services include:
- Visa Advanced Authorization
- Falcon Fraud Manager
- Flash Fraud Rules
- Fraud Call Center Services
- Verified by Visa
- Cardholder Support Services (CSS). Provides high-quality call center services that can help you reduce back-office expenses and fraud losses with 24/7 hot carding and card activation, client service for Visa products, and turnkey fraud monitoring and case management solutions for customers using Falcon Fraud Manager.
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Cardholder Administration Tools & Services (CATS). Offers a browser-based access tool to handle back-office and administrative functions including:
- Card and Account Maintenance
- Card Management
- Transaction Inquiry
- ATM Remote Electronic Journal
- ATM Campaign Manager
- ATM Terminal Totals Manager
- Processing Reporting Services
- User ID Administration
- Card management. Enhances the security and efficiency of your financial institution's plastic card ordering process.
- Exception processing. Provides an integrated system for researching transactions, processing exception items, and reporting fraudulent transactions to Visa. Or, take advantage of our full-service exception processing service and let us handle all your exception processing.
- Visa Extras. Allows you to offer your cardholders a points-based reward program, providing another compelling reason for them to use their Visa cards every chance they get.
- Preauthorized Payment Cancellation Service (PPCS). Provides your financial institution with a consistent and cost-effective method for handling consumer stop payment requests.
- Visa Account Updater (VAU). Enables the exchange of updated account information electronically among participating issuers, acquirers, and merchants that process Visa transactions using account information they keep on file.
- Emerging products and technologies support. Offers a unique opportunity to be among the first to implement new Visa initiatives and enhancements.
Statistics & Operational Highlights
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Visa Debit Processing Service:
- Is the largest volume issuer processor of all Visa transactions in the world6
- Processes more than 40 percent of all Visa check card transactions in the United States7
- Processed 14 billion payment transactions in FY 20068
- Drives more than 2,800 ATMs nationwide
- Maintains 24 regional and national network interfaces and is certified with more than 30 software vendors
- Processes for more than 170 financial institution clients
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Visa Debit Processing Service's clients include:
- Three of the top five (27 of the top 100) Visa check card issuers in the United States9
- Five of the top 10 (25 of the top 100) credit unions based on assets10
The Visa Debit Processing Service Advantage
- Customer-focused. Meeting your payment product and service needs is our business and our priority.
- Integrated processing solution. Reach your objectives with the Visa solution for success in the debit and prepaid marketplaces.
- Continuous access and security. You're covered with reliable, state-of-the-art processing and security technology.
- Single-point connectivity. One connection simplifies your Visa and EFT product processing needs.
- Proven service. Specialized client team is dedicated to helping you meet your card program goals.
For More Information
For more information, please contact your Visa Account Executive or Visa Debit Processing Service at (800) 611-1426 x7673.
1Pass-through only. Excludes statementing, interest, finance charges, or application of other fees.
2 Falcon is a registered trademark of Fair Isaac Corporation.
3 Interlink Merchant Database, February 2006.
4 ATM & Debit News, September 2006.
5 Visa Global ATM Network Statistical Highlights, September 2006.
6 Visa U.S. Authorization Volume for Top 20 Issuer
Processors, September 2006. 7 Processor Transaction and Sales Volume for Consumer Debit, May 2006.
8 Visa Debit Processing Service Total Transaction Volume Report, September 2006.
9 Visa Check Card Operating Certificates, 2Q2006.
10 Callahan’s Top 1,000 Credit Unions by Total Assets 2006.
2 Falcon is a registered trademark of Fair Isaac Corporation.
3 Interlink Merchant Database, February 2006.
4 ATM & Debit News, September 2006.
5 Visa Global ATM Network Statistical Highlights, September 2006.
6 Visa U.S. Authorization Volume for Top 20 Issuer
Processors, September 2006. 7 Processor Transaction and Sales Volume for Consumer Debit, May 2006.
8 Visa Debit Processing Service Total Transaction Volume Report, September 2006.
9 Visa Check Card Operating Certificates, 2Q2006.
10 Callahan’s Top 1,000 Credit Unions by Total Assets 2006.
