Essentials to Improve Financial Performance - Virtual

Increase your understanding of how Visa settles transactions. Join payments expert Natalia Grant-Ross in a three-hour virtual course and explore what a settlement is and how it works. You’ll learn about the components of transaction settlement, including how it links to the clearing process and how net settlement amounts are calculated. You’ll also learn about funds transfer logistics and timing and review settlement relationships, reporting hierarchies and VisaNet Settlement Service (VSS) reports.

With this knowledge, you'll benefit from:

  • Improved control over your financial performance
  • Enhanced management information (provided by VSS) that will give you better financial control over settlement costs and revenues, as well as the opportunity to develop pricing models/marketing campaigns based on cardholder activity
  • Streamlined reconciliations (based on VSS reports) that are easy to work with, reducing reconciliation time

Key topics:

  • Settlement process overview and VisaNet Settlement Service (VSS)
  • Net settlement calculation
  • Funds transfer logistics
  • VSS hierarchies and VSS reports and reconciliation

Who should attend: 

Clients new to Visa and staff new to the payments industry (relevant to all job roles)

Important notes:

  • All course sessions are listed in Pacific Time (PT). To convert to your time zone, click the clock icon next to the session listing.
  • Enrollment closes one business day prior to the session start date for virtual courses. You will not be able to enroll in a virtual course on the day of the session.

This course is eligible for our early bird discount.

Course Details:

Course Value: Login to view
  • English

Upcoming sessions

Date Location Language Instructor
27 Jan 2021 05:00 Live Online EU/CEMEA English Natalia Grant-Ross Enroll now
07 Apr 2021 03:00 Live Online EU/CEMEA English Natalia Grant-Ross Enroll now
25 Aug 2021 05:00 Live Online EU/CEMEA English Natalia Grant-Ross Enroll now

VisaNet Financial Management

It is a very useful workshop which helped me to understand the whole process and answered my needs in this particular sphere.

- Senior Specialist, Russia

Maximizing the Value of VisaNet

The workshop has been very organized, clear and specific, with examples that clearly illustrated the subject.

- Development Analyst, Peru

Visa First

This is a very useful and necessary workshop and the knowledge must be used in practice.

- Head of Business Development Division, Kazakhstan