Visa Begins Phase-Out Of Plus ATM Brand
Visa USA announced last week it is finally integrating its Plus ATM network with its core point-of-sale transaction network, the largest in the world. The integration means all transactions over one million Plus ATMs will be processed on the company's VisaNet authorization system which will allow Visa's Advanced Authorization fraud detection system to be used for all Plus ATM transactions.
Advanced Authorization will provide real-time fraud intelligence on every Plus transaction, providing a rating on each transaction's potential for fraud.
Previously ATM transactions were not scored by the Advanced Authorization system. The combination of the two systems is part of an eventual plan by Visa to phase out the separate Plus processing platform. Visa acquired the Plus system in 1994.