Maximizing the Value of VisaNet

Learn about VisaNet, the value of an effective authorization strategy in managing risk, and the benefits of a streamlined clearing and settlement processes. This online course bundle delivers the information you need to help improve customer satisfaction and loyalty while increasing program profitability. This course bundle consists of 11 courses. Each course is 30-45 minutes in length. Much of this content is also delivered in an interactive, two-day workshop. Refer to the FAQ for details on the differences between the online courses, bundled courses and workshops.

11 courses, 8 hours total, 6 month unlimited access after registration.

The 11 included courses are:

  1. VisaNet Global Processing provides an overview of VisaNet, one of the core systems used to handle Visa transaction processing.
  2. Authorization Processing Basics covers the basic principles of authorization, including some of the key factors involved when setting up your authorization strategy.
  3. Authorization Risk and Customer Service Basics discusses account range management risk reduction, initial edits identification when an authorization is first received, authorization message routing, and commonly used authorization response codes.
  4. Stand-in Processing (STIP) explains Visa STIP fundamentals in detail, including what it is, when it's used, and some configuration options available to Issuers.
  5. Card and PIN Verification Services highlights three core fraud prevention tools that are used in a large number of transactions and how they verify the card or cardholder at the point of sale and/or ATM.
  6. Verified by Visa covers 3-D secure protocol basics, Verified by Visa authentication steps, and the key data elements contained in a Verified by Visa transaction. Merchant liability protection rights are also covered.
  7. Clearing System Overview includes a step-by-step explanation of how a Visa transaction gets cleared. The module walks through the main functions performed by Visa via Base II, and by the Visa client using Edit Package.
  8. Currency Conversion explains how Visa calculates and processes currency conversion for qualifying transactions, and how the International Service Assessment fee (ISA) and Optional Issuer Fee (OIF) are applied to those calculations.
  9. Introduction to Interchange Reimbursement Fees (IRF) defines Interchange and Interchange Reimbursement Fees (IRF); how the IRF is calculated and includes a number of examples to help illustrate calculation methods given different scenarios.
  10. How Visa Settlement Works covers processing, funds transfer logistics, VisaNet Settlement Service (VSS) options, and settlement system hierarchies, including settlement relationships and reporting levels.
  11. Visa Settlement Reports and Reconciliation reviews the types of settlement reports available; report types used in reconciliation; and a step-by-step review of the reconciliation process for both BASE II and SMS processors.

Who Should View

  • Card center managers and staff with at least two years of experience
  • Individuals responsible for authorization services and clearing and settlement processes
  • Team members from operations, risk management or customer service

Course Details:

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  • English
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Visa First

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

- Head of Business Development Division, Kazakhstan

Fundamentals of Visa Business

The workshop was well prepared and the instructor is very nice. It helps me to learn what Visa is and how the industry works.

- Business Development Manager, China

Maximizing the Value of VisaNet

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

- Development Analyst, Peru