Will your operation survive this decade, given the alarming rise in credit and fraud losses? How can you offer expanded products and services without sacrificing profitability?

As financial institutions confront these tough question, Visa is offering the solution: a payment service and risk management strategy that offers the entire industry a blueprint for successful expansion.

This two-page report provides information about key elements of the Visa strategic plan.

We are already transforming the current bankcard environment into a 21st century payment system that will support the full range of payment service options now used by members around the world: paper-based, traditional electronic, smart card, and fully controlled or on-line. By the year 2000, Visa members will be recording annual volume approaching $2 trillion, and they will be sustaining the profitability that has been a hallmark of the Visa program.

To achieve these strong results, a technological infrastructure has been prepared through VisaNet 2000 -- a restructuring of Visa delivery systems to support increased volume through supercenters and the creation of national interchange systems that can operate using the VisaNet system.

Taking full advantage of that VisaNet infrastructure, Payment Service 2000 (P2000) will create a new era of electronic processing that will increase risk control and provide a range of payment options for various markets. And PS2000 will enable our members to reap the full benefit of Back Office 2000, which is controlling operating costs by redefining the standards and procedures by which Visa members manage transactions.

Each of these strategic initiatives leverages the immense resources of the member-owned VisaNet system. Even in the criminal risk area, members are able to fight fraud with the full range of technology only the world's largest card transaction processing system can provide.

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