Visa's global payment network authorizing, clearing, and settling electronic payments worldwide.
VisaNet is Visa's centralized and modular proprietary payments network that provides three essential functions in one complete, flexible package: authorization, clearing, and settlement. It handles more than 65,000 transaction messages per second with near 100 percent network availability over 15 years, processing over 80 billion transactions annually.
VisaNet delivers a full range of domestic transaction processing services, from credit and debit cards to funds transfer, mobile payments and services, online transactions, commercial payments, and secure delivery of government benefits. It also provides value-added information services that deliver efficiencies and cost savings, plus an instant connection to the global economy for governments, central banks, domestic financial institutions, and merchants.
