Processing services
Visa’s systems connect billions of cardholders
with millions of retailers and thousands of banks. We are part of
one of the biggest communications networks in the world.
That same technology provides the platform to keep every
transaction safe, to support new and innovative ways to pay, to
speed up transaction times even as volume grows and, above all, to
ensure that wherever you are and whatever you are buying, paying by
Visa works.
In July 2011 alone, authorisations exceeded €55 billion
in value, and we settled more than a billion
transactions.
Every day, our systems are keeping the money moving by:
- Routing and approving millions of authorisation requests – each
one delivered in the blink of an eye.
- Clearing and settling funds between European banks –
calculating what each of the Visa members in Europe owes to each
other, right down to the last Euro cent.
- Standing in on behalf of our members when things go wrong, for
example, making authorisation decisions on their behalf.
- Supporting other services such as cardholder authentication,
fraud screening, and transaction storage and retrieval.