VisaNet Financial Management

An efficient clearing and settlement process can have a positive impact on the financial health of your organization.  This 3-day course delivers guidance and best practices on processing financial information and reconciliations using BASE II, Edit Package, and the VisaNet Settlement Service (VSS).  The course will help you identify the areas in the clearing process where errors can occur and explain how to handle the process properly.  You will also gain a stronger understanding of currency conversion, Interchange Reimbursement Fees, and the charges associated with international transactions.  You will see how to interpret monthly invoices and complete the Quarterly Operating Certificate. The group exercises and case studies will give you practical experience in efficient processing of BASE II files, interpreting VSS reports, as well as performing currency conversion and calculation of fees and charges.

By the end of the course you will appreciate the financial importance of an efficient clearing and settlement process.

3 day workshop

Day One Topics

  • Overview of the Clearing System

  • Optimizing the clearing process

  • Selecting the Edit Package Run Control Options

Day Two Topics

  • Edit Package Demonstration

  • Currency Conversion

  • Overview of the Settlement System

  • Interchange Reimbursement Fees

Day three Topics

  • Settlement Reporting Hierarchies

  • Settlement Reports and Reconciliation Process

  • Visa Charges and Visa online Invoice Portal (VOIP)

  • Quarterly Operating Certificates

  • Visa Resources

Who Should Attend

  • Staff who are in the Clearing and Settlement departments and who are familiar with BASE II processing, VSS reports and reconciliation and Visa Charges (minimum of six month’s experience is ideal)

  • Card Center Managers

  • Staff who are responsible for financial management and reconciliation for payment business

Course Details:

Course Value: Login to view
  • English

Upcoming sessions

There are currently no sessions planned.

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

Visa First

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

- Head of Business Development Division, Kazakhstan

Maximizing the Value of VisaNet

All relevant staff must attend.

- Chargeback Manager, Egypt