is a credit card brand, which is operated and managed by Visa International in San Francisco, California, USA. VISA card was issued in 1976, and its predecessor was Bank Americard issued by Bank of America.
Visa provides its financial institution customers with a rich credit card product platform, which can meet various payment needs from new credit card customers to high-end consumers, as well as large institutions. Visa's credit card platform also provides value-added services such as personalized point reward system, emergency replacement card, travel assistance and car rental insurance, which can help card issuers improve customer loyalty and utilization rate.
it is precisely because of the centralized architecture of VisaNet that Visa can "see" every transaction processed by VisaNet, which enables Visa to score the risk of each transaction in real time with the help of Visa "advanced authorization" service, thus making it possible to take the lead and issue an early warning and stop fraudulent transactions before they occur.
Extended information:
Visa's security strategy focuses on the following aspects:
1. Ensure the security of the payment environment to protect transaction data;
2. Effectively monitor, identify and prevent fraud through technology and best implementation cases;
3. Control the impact of fraud and help card issuers and acquirers recover or minimize the losses caused by fraud;
4. Maintain the trust of merchants and consumers in Visa payment through education;
by promoting the participation of the whole industry and establishing the responsibility mechanism, we will create an industrial environment of mutual cooperation in payment security.
Baidu encyclopedia -VISA