VisionPLUS

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VisionPLUS is a transaction processing software application from First Data Corporation. This application is mainly used for credit card transaction processing by multinational banks and transaction processing companies. Banks traditionally use this application to store and process credit card accounts and process transactions(Visa, Mastercard, Europay, private label transactions). The rough estimate of number of cards processed on different versions of this application software around the world is approximately 350 million.

1 History
2 Versions
3 Modules
- 3.1 Module Acronyms
4 Other Info

[edit] History

Until 2001, VisionPLUS was owned by Paysys International Inc. First Data corp acquired Paysys in 2001.

[edit] Versions

1983 CardPac was released by CCS. Its main market was the bankcard industry (Visa & MasterCard transaction processing only)
1988 Vision21 was released for the private label card market by CCSI
1991 VisionPLUS for both private lable and bankcard market by CCSI
1998 VisionPLUS 2.5 was released by Paysys
2000 VisionPLUS 8.0 was released by Paysys

The software mainly runs on IBM zSeries. Previous versions of VisionPLUS were available on Unix and AS/400.

[edit] Modules

VisionPLUS application is modularized and some of these modules can be used stand alone or as different combinations of these modules. The core of the application is Credit Mangement System which is the accounts receivables application. Other applcations in the software suite are collections management, real time authorizations, batch settlement, credit decisioning, merchant management, business messaging, customer support.

[edit] Module Acronyms

CDM = Credit Decision Management CTA = Collections, Tracking & Analysis ASM = Account Services Management CMS = Credit Management System TRAMS = Transaction Management System ITS = Interchange Tracking System LTS = Letter System FAS = Financial Authorizations System MBS = Merchant Bankcard System