Introduction to VisionPlus Vision plus is the software based on mainframe technology which provides the financial solution mainlyto the Credit Card System, this system Originally developed by the Paysys Research and Development Group, and currently it is driven by First Data Corporation. There are many banks who use Vision Plus Technology for processing there credit card, debit card, prepaid, closed end loan accounts and process financial transactions. VisionPlus Has Following processing Modules: CMS (Credit Management Syste) CTA (Collections Tracking Analysis) FAS (Financial Authorisation System) LTS (Letters tracking System) SSC (Security Sub System) ITS (Interchange Tracking System) TRAMS (Transaction Management System) MBS (Merchant BankCard System) VMx (VisionPLUS Messaging eXchange) HCS (Hierarchy company system) LMS (Loyalty Management System) Intro 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. VisionPLUS is designed as a flexible, full-feature account processing system. The main modules of Visionplus include: * Credit Decision Management (CDM) - new accounts processing module * Credit Management System (CMS) - account processing module * Collections Tracking Analysis (CTA) - delinquent collections module * Account Services Management (ASM) - customer services module * Financial Authorisation System (FAS) - financial authorisations module * Letters System (LTS) - letter generation module * Security Sub System (SSC) - user access control module * Interchange Tracking System (ITS) - dispute tracking module * Transaction Management System (TRAMS) - front-end processor * Merchant BankCard System (MBS) - merchant acquiring system * VisionPLUS Messaging System (VMx) - XML messaging gateway to VisionPLUS History Until 2001, VisionPLUS was owned by Paysys International Inc. First Data corp acquired Paysys in 2001. 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 CCSI1991 VisionPLUS for both private label and bankcard market by CCSI1998 VisionPLUS 2.5 was released by Paysys2000 VisionPLUS 8.0 was released by Paysys2006 VisionPLUS 8.21 was released by Paysys The software mainly runs on IBM zSeries primarily using COBOL,CICS and VSAM. Previous versions of VisionPLUS were available on Unix and AS/400. 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 Management 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. VisionPLUS is designed as a flexible, full-feature account processing system. The main modules of Visionplus include: Credit Decision Management (CDM) - new accounts processing module The Credit Decision Management system (CDM) is the new accounts module. This online system is designed to handle the credit approval process from the point of application to the point of approval or decline. Applications are taken through processing steps that mirror the underwriting process and can be categorized and treated according to the parameters set by your company. While the entire process can be automated, human intervention can occur at any point within the process, the choice is yours. Credit Management System (CMS) - account processing module The Credit Management System (CMS) is the accounts receivable system that functions as the heart of VisionPLUS. CMS holds the demographic, financial, and historical information for each account. Other VisionPLUS modules needing that information obtain it from CMS, eliminating record duplication. CMS also contains user-defined parameters for interest, billing, insurance, payment, and account processing. Collections Tracking Analysis (CTA) - delinquent collections module The Collections, Tracking, and Analysis module (CTA) is designed to categorize and treat accounts that need special handling. While the system was as well as some regional associations such as Europay (for Eurocard. everyone in the information "loop" has access to data on a real-time basis. card recovery listing and updates.All PAYSYS applications. from management to customer service. accessible. Financial Authorisation System (FAS) .front-end processor The Transaction Management System (TRAMS) is the VisionPLUS front-end processor. MasterCard. reporting. organized workflow. VisionPLUS consists of modules that work together to fully manage your company’s credit environment. TRAMS accepts multiple transaction types and prepares them for any destination. common routines used by all systems. MBS offers discount. consolidating numerous application front-ends into a single input system. and turn your credit management operation into a highly profitable merchandising tool. MasterCard. Interchange Tracking System (ITS) . it can be used to track and analyze other groups of accounts that may or may not need actual treatment. real-time customer service module. and volume bonus processing along with comprehensive activity VISIONPLUS SYSTEM MODULES The VisionPLUS system is a family of totally integrated software products. These groups may include VIPs.information available through VisionPLUS applications. reject. FAS also provides authorization reversals. or referred. except TRAMS. TRAMS also provides extensive job tracking. as a totally integrated and interactive unit. settlement. MBS supports both bankcard and retail merchant processing providing an efficient way to settle funds and charge the merchant fees for services rendered. participation. . Its single-pass master file system assures timely processing windows while updating every account each night. Chargebacks are “worked” through queues based on criteria that you define creating a customized. CTA offers flexible collection strategies based on how your company sets the control record parameters. 7-day-a-week authorization module. respond quickly to the merchandising group’s efforts to drive up sales. Merchant BankCard System (MBS) . and online reject and suspense handling capabilities. VisionPLUS is extremely powerful. overlimit accounts. or authorizations. representatives can deliver the quality service your customers expect and deserve.letter generation module The Letter System (LTS) is the module that can be used to create and issue letters for up to five different PAYSYS products.designed primarily to handle past-due accounts. they are very impressive. With access to real-time cardholder information in a paperless environment.merchant acquiring system The Merchant Bankcard System (MBS) is the merchant acquiring system. such as time limits to keep your business compliant with the different associations. Credit operations personnel will be aware of any change in account status as soon as it happens regardless of whether the change is made through customer service. Customer service is paramount in creating customer loyalty and enhancing your company’s image after the sale. and disputes. purchase patterns. credit management personnel get the "big picture" rather than isolated bits and pieces of data. up-to-date. declined. FAS processes retail. Account Services Management (ASM) . Features and Benefits of the VisionPLUS System VisionPLUS has outstanding batch processing capability that increases speed and efficiency. Because VisionPLUS shares information among all applications. and event/delayed advice retrievals. Letter variables from these different modules can be embedded within generic letters to produce letters tailored to individual customers. With VisionPLUS. Each person that uses a PAYSYS application will need a Security record that controls the access that you have to CMS and other VisionPLUS modules. need information that is reliable. address changes. You can analyze customer buying trends. and bankruptcy cases. real-time information such as customer history. from new accounts to customer billing. Authorizations can be approved. warehousing. and a wide range of demographic and behavioral data means you can respond proactively to your marketplace and gain the critical edge on your competition. ITS keeps track of many user-defined parameters. collections. and centralized . Security Sub System (SSC) .user access control module The Security Subsystem and Common Routines (SSC) system is a comprehensive online security system that interfaces between all PAYSYS International products. Visa. reserve funding. Letters System (LTS) . from authorizations to collections.customer services module The Account Services Management system (ASM) is the online. VisionPLUS provides the necessary information tools to increase customer satisfaction and facilitate repeat sales. use SSC as an optional user sign-on and sign-off procedure. Letters can be printed real-time or in batch processing.MasterCard only) and Australian Bankcard. and currency conversion details.financial authorisations module The Financial Authorization System (FAS) is the 24-hour-a-day. All facets of your credit organization. Online. SSC houses the Security record for each operator. ITS is designed to process incoming and outgoing chargeback transactions for both Visa. ASM enhances your ability to provide superior customer service by utilizing user-defined action codes to perform customer-generated requests such as interest adjustments. Transaction Management System (TRAMS) . lost or stolen cards. This means dramatically increased productivity for personnel in credit operations and data processing. As stand-alone applications.dispute tracking module The Interchange Tracking System (ITS) is the dispute tracking and processing module. and Europay authorizations based upon user defined processing parameters. This online system is designed to handle the credit approval process from the point of application to the point of approval or decline. FAS processes retail. Visa. . FAS also provides authorization reversals. or referred. While the entire process can be automated. ASM The Account Services Management system (ASM) is the online. billing. and Europay authorizations based upon user defined processing parameters. real-time customer service module. consolidating numerous application front-ends into a single input system. card recovery listing and updates. Other VisionPLUS modules needing that information obtain it from CMS. and event/delayed advice retrievals. reporting. insurance. 7-day-a-week authorization module. CMS holds the demographic. CMS The Credit Management System (CMS) is the accounts receivable system that functions as the heart of VisionPLUS. financial. Applications are taken through processing steps that mirror the underwriting process and can be categorized and treated according to the parameters set by your company. TRAMS also provides extensive job tracking. settlement. CDM The Credit Decision Management system (CDM) is the new accounts module. CMS also contains user-defined parameters for interest. human intervention can occur at any point within the process. eliminating record duplication. TRAMS The Transaction Management System (TRAMS) is the VisionPLUS front-end processor. and online reject and suspense handling capabilities. FAS The Financial Authorization System (FAS) is the 24-hour-a-day. reject. declined. and account processing. and historical information for each account. the choice is yours. warehousing.Taking a Closer Look at the VisionPLUS Modules The purpose of each of the VisionPLUS modules is described in the following subsections. ASM enhances your ability to provide superior customer service by utilizing user-defined action codes to perform customer-generated requests such as interest adjustments. payment. TRAMS accepts multiple transaction types and prepares them for any destination. Authorizations can be approved. address changes. MasterCard. and disputes. information available through VisionPLUS applications. These groups may include VIPs. With access to real-time cardholder information in a paperless environment. MasterCard. Tracking. respond quickly to the merchandising group’s efforts to drive up sales. This means dramatically increased productivity for personnel in credit operations and data processing. participation. ITS The Interchange Tracking System (ITS) is the dispute tracking and processing module. Because VisionPLUS shares information among all applications. Each of the VisionPLUS modules is a powerful. real-time information such as customer history. from authorizations to collections. such as time limits to keep your business compliant with the different associations. credit management personnel get the "big picture" rather than isolated bits and pieces of data. Online. Letter variables from these different modules can be embedded within generic letters to produce letters tailored to individual customers. as well as some regional associations such as Europay (for EurocardMasterCard only) and Australian Bankcard. overlimit accounts. MBSsupports both bankcard and retail merchant processing providing an efficient way to settle funds and charge the merchant fees for services rendered. providing your business with the flexibility. As an integrated system. and volume bonus processing along with comprehensive activity reporting. and turn your credit management operation into a highly profitable merchandising tool. and bankruptcy cases. purchase patterns. and Analysis module (CTA) is designed to categorize and treat accounts that need special handling. VisionPLUS creates a comprehensive credit processing environment. from management to customer service. accessible. lost or stolen cards. VisionPLUS provides the necessary information tools to increase customer satisfaction and facilitate repeat sales. ITS is designed to process incoming and outgoing chargeback transactions for both Visa. and centralized . Credit operations personnel will be aware of any change in account status as soon as it happens regardless of whether the change is made through customer service. . CTA The Collections. Customer service is paramount in creating customer loyalty and enhancing your company’s image after the sale. reserve funding. LTS The Letter System (LTS) is the module that can be used to create and issue letters for up to five different PAYSYS products. from new accounts to customer billing. Chargebacks are “worked” through queues based on criteria that you define creating a customized. With VisionPLUS. need information that is reliable.MBS The Merchant Bankcard System (MBS) is the merchant acquiring system. You can analyze customer buying trends. Features and Benefits of the VisionPLUS System VisionPLUS has outstanding batch processing capability that increases speed and efficiency. valuable credit-processing tool. All facets of your credit organization. MBS offers discount. it can be used to track and analyze other groups of accounts that may or may not need actual treatment. ITSkeeps track of many user-defined parameters. Letters can be printed real-time or in batch processing. and a wide range of demographic and behavioral data means you can respond proactively to your marketplace and gain the critical edge on your competition. collections. or authorizations. up-to-date. organized workflow. Its single-pass master file system assures timely processing windows while updating every account each night. CTA offers flexible collection strategies based on how your company sets the control record parameters. representatives can deliver the quality service your customers expect and deserve. While the system was designed primarily to handle past-due accounts. everyone in the information "loop" has access to data on a real-time basis. and reliability needed to succeed. TRAMS The Transaction Management System (TRAMS) is the VisionPLUS front-end processor. and historical information for each account. billing. and disputes. reject. and online reject and suspense handling capabilities. FAS also provides authorization reversals. eliminating record duplication. and account processing. 7-day-a-week authorization module. MasterCard.Taking a Closer Look at the VisionPLUS Modules The purpose of each of the VisionPLUS modules is described in the following subsections. settlement. Applications are taken through processing steps that mirror the underwriting process and can be categorized and treated according to the parameters set by your company. the choice is yours. . FAS The Financial Authorization System (FAS) is the 24-hour-a-day. consolidating numerous application front-ends into a single input system. address changes. CDM The Credit Decision Management system (CDM) is the new accounts module. ASM enhances your ability to provide superior customer service by utilizing user-defined action codes to perform customer-generated requests such as interest adjustments. TRAMS also provides extensive job tracking. and event/delayed advice retrievals. payment. Visa. human intervention can occur at any point within the process. While the entire process can be automated. TRAMS accepts multiple transaction types and prepares them for any destination. Other VisionPLUS modules needing that information obtain it from CMS. financial. and Europay authorizations based upon user defined processing parameters. CMS also contains user-defined parameters for interest. declined. real-time customer service module. insurance. Authorizations can be approved. This online system is designed to handle the credit approval process from the point of application to the point of approval or decline. CMS The Credit Management System (CMS) is the accounts receivable system that functions as the heart of VisionPLUS. ASM The Account Services Management system (ASM) is the online. reporting. warehousing. CMS holds the demographic. FAS processes retail. or referred. card recovery listing and updates. or authorizations. As an integrated system. overlimit accounts. Tracking. While the system was designed primarily to handle past-due accounts. Letters can be printed real-time or in batch processing. representatives can deliver the quality service your customers expect and deserve. from authorizations to collections. reserve funding. Its single-pass master file system assures timely processing windows while updating every account each night. and volume bonus processing along with comprehensive activity reporting. Customer service is paramount in creating customer loyalty and enhancing your company’s image after the sale. As stand-alone applications. valuable credit-processing tool. everyone in the information "loop" has access to data on a real-time basis. CTA offers flexible collection strategies based on how your company sets the control record parameters. With access to real-time cardholder information in a paperless environment. and reliability needed to succeed. ITS The Interchange Tracking System (ITS) is the dispute tracking and processing module. collections. real-time information such as customer history. CTA The Collections. they are very impressive. from new accounts to customer billing. This means dramatically increased productivity for personnel in credit operations and data processing. MasterCard. lost or stolen cards. Credit operations personnel will be aware of any change in account status as soon as it happens regardless of whether the change is made through customer service. VISIONPLUS SYSTEM MODULES The VisionPLUS system is a family of totally integrated software products. MBSsupports both bankcard and retail merchant processing providing an efficient way to settle funds and charge the merchant fees for services rendered. as a totally integrated and interactive unit. With VisionPLUS. participation. ITSkeeps track of many user-defined parameters. Letter variables from these different modules can be embedded within generic letters to produce letters tailored to individual customers. it can be used to track and analyze other groups of accounts that may or may not need actual treatment. and Analysis module (CTA) is designed to categorize and treat accounts that need special handling. ITS is designed to process incoming and outgoing chargeback transactions for both Visa. and a wide range of demographic and behavioral data means you can respond proactively to your marketplace and gain the critical edge on your competition. and bankruptcy cases. Features and Benefits of the VisionPLUS System VisionPLUS has outstanding batch processing capability that increases speed and efficiency. LTS The Letter System (LTS) is the module that can be used to create and issue letters for up to five different PAYSYS products. credit management personnel get the "big picture" rather than isolated bits and pieces of data. VisionPLUS is extremely powerful. from management to customer service. VisionPLUS creates a comprehensive credit processing environment. Because VisionPLUS shares information among all applications. All facets of your credit organization. such as time limits to keep your business compliant with the different associations. organized workflow. providing your business with the flexibility. Chargebacks are “worked” through queues based on criteria that you define creating a customized. respond quickly to the merchandising group’s efforts to drive up sales. MBS offers discount.MBS The Merchant Bankcard System (MBS) is the merchant acquiring system. These groups may include VIPs. need information that is . Each of the VisionPLUS modules is a powerful. as well as some regional associations such as Europay (for EurocardMasterCard only) and Australian Bankcard. and turn your credit management operation into a highly profitable merchandising tool. You can analyze customer buying trends. VisionPLUS provides the necessary information tools to increase customer satisfaction and facilitate repeat sales. purchase patterns. Online. VisionPLUS consists of modules that work together to fully manage your company’s credit environment. .information available through VisionPLUS applications.reliable. up-to-date. and centralized . accessible. real-time customer service module. declined. reject. FAS processes retail. This online system is designed to handle the credit approval process from the point of application to the point of approval or decline.Taking a Closer Look at the VisionPLUS Modules The purpose of each of the VisionPLUS modules is described in the following subsections. Other VisionPLUS modules needing that information obtain it from CMS. payment. CDM The Credit Decision Management system (CDM) is the new accounts module. consolidating numerous application front-ends into a single input system. MasterCard. eliminating record duplication. CMS also contains user-defined parameters for interest. Visa. CMS The Credit Management System (CMS) is the accounts receivable system that functions as the heart of VisionPLUS. 7-day-a-week authorization module. reporting. billing. and event/delayed advice retrievals. . ASM enhances your ability to provide superior customer service by utilizing userdefined action codes to perform customer-generated requests such as interest adjustments. CMS holds the demographic. and online reject and suspense handling capabilities. FAS The Financial Authorization System (FAS) is the 24-hour-a-day. and disputes. and account processing. ASM The Account Services Management system (ASM) is the online. FAS also provides authorization reversals. TRAMS also provides extensive job tracking. and Europay authorizations based upon user defined processing parameters. Applications are taken through processing steps that mirror the underwriting process and can be categorized and treated according to the parameters set by your company. TRAMS accepts multiple transaction types and prepares them for any destination. warehousing. TRAMS The Transaction Management System (TRAMS) is the VisionPLUS front-end processor. While the entire process can be automated. card recovery listing and updates. Authorizations can be approved. address changes. the choice is yours. or referred. insurance. and historical information for each account. human intervention can occur at any point within the process. settlement. financial. and bankruptcy cases. collections. CTA The Collections. lost or stolen cards. Letter variables from these different modules can be embedded within generic letters to produce letters tailored to individual customers. LTS The Letter System (LTS) is the module that can be used to create and issue letters for up to five different PAYSYS products. everyone in the information "loop" has access to data on a real-time basis. Credit operations personnel will be aware of any change in account status as soon as it happens regardless of whether the change is made through customer service. organized workflow. and a wide range of demographic and behavioral data means you can respond proactively to your marketplace and gain the critical edge on your competition. and Analysis module (CTA) is designed to categorize and treat accounts that need special handling. With VisionPLUS. and reliability needed to succeed. Features and Benefits of the VisionPLUS System VisionPLUS has outstanding batch processing capability that increases speed and efficiency. and volume bonus processing along with comprehensive activity reporting. Its single-pass master file system assures timely processing windows while updating every account each night. participation. CTA offers flexible collection strategies based on how your company sets the control record parameters.MBS The Merchant Bankcard System (MBS) is the merchant acquiring system. While the system was designed primarily to handle pastdue accounts. Letters can be printed real-time or in batch processing. As an integrated system. valuable credit-processing tool. MBS offers discount. reserve funding. Online. Each of the VisionPLUS modules is a powerful. providing your business with the flexibility. it can be used to track and analyze other groups of accounts that may or may not need actual treatment. as well as some regional associations such as Europay (for Eurocard-MasterCard only) and Australian Bankcard. purchase patterns. MBS supports both bankcard and retail merchant processing providing an efficient way to settle funds and charge the merchant fees for services rendered. overlimit accounts. VisionPLUS creates a comprehensive credit processing environment. ITS The Interchange Tracking System (ITS) is the dispute tracking and processing module. or authorizations. MasterCard. such as time limits to keep your business compliant with the different associations. real-time information such as customer history. ITS keeps track of many user-defined parameters. ITS is designed to process incoming and outgoing chargeback transactions for both Visa. Tracking. . Chargebacks are “worked” through queues based on criteria that you define creating a customized. These groups may include VIPs. This means dramatically increased productivity for personnel in credit operations and data processing. . from authorizations to collections.information available through VisionPLUS applications. and centralized . credit management personnel get the "big picture" rather than isolated bits and pieces of data. You can analyze customer buying trends. accessible.Because VisionPLUS shares information among all applications. and turn your credit management operation into a highly profitable merchandising tool. respond quickly to the merchandising group’s efforts to drive up sales. VisionPLUS provides the necessary information tools to increase customer satisfaction and facilitate repeat sales. from management to customer service. representatives can deliver the quality service your customers expect and deserve. With access to real-time cardholder information in a paperless environment. need information that is reliable. up-to-date. from new accounts to customer billing. All facets of your credit organization. Customer service is paramount in creating customer loyalty and enhancing your company’s image after the sale. or referred. and historical information for each account. financial. insurance. . While the entire process can be automated. CMS holds the demographic. declined. ASM enhances your ability to provide superior customer service by utilizing userdefined action codes to perform customer-generated requests such as interest adjustments. TRAMS accepts multiple transaction types and prepares them for any destination. and event/delayed advice retrievals. Other VisionPLUS modules needing that information obtain it from CMS.Taking a Closer Look at the VisionPLUS Modules The purpose of each of the VisionPLUS modules is described in the following subsections. address changes. CMS also contains user-defined parameters for interest. consolidating numerous application front-ends into a single input system. 7-day-a-week authorization module. payment. CMS The Credit Management System (CMS) is the accounts receivable system that functions as the heart of VisionPLUS. TRAMS The Transaction Management System (TRAMS) is the VisionPLUS front-end processor. Applications are taken through processing steps that mirror the underwriting process and can be categorized and treated according to the parameters set by your company. MasterCard. FAS also provides authorization reversals. Visa. CDM The Credit Decision Management system (CDM) is the new accounts module. eliminating record duplication. warehousing. and online reject and suspense handling capabilities. real-time customer service module. This online system is designed to handle the credit approval process from the point of application to the point of approval or decline. TRAMS also provides extensive job tracking. reporting. Authorizations can be approved. FAS processes retail. and Europay authorizations based upon user defined processing parameters. FAS The Financial Authorization System (FAS) is the 24-hour-a-day. and account processing. the choice is yours. settlement. reject. card recovery listing and updates. ASM The Account Services Management system (ASM) is the online. and disputes. human intervention can occur at any point within the process. billing. Letters can be printed real-time or in batch processing. organized workflow. and volume bonus processing along with comprehensive activity reporting. ITS The Interchange Tracking System (ITS) is the dispute tracking and processing module. as well as some regional associations such as Europay (for Eurocard-MasterCard only) and Australian Bankcard. Each of the VisionPLUS modules is a powerful. lost or stolen cards. and bankruptcy cases. CTA The Collections. As an integrated system. LTS The Letter System (LTS) is the module that can be used to create and issue letters for up to five different PAYSYS products. These groups may include VIPs. Chargebacks are “worked” through queues based on criteria that you define creating a customized.MBS The Merchant Bankcard System (MBS) is the merchant acquiring system. providing your business with the flexibility. CTA offers flexible collection strategies based on how your company sets the control record parameters. participation. Tracking. MBS offers discount. it can be used to track and analyze other groups of accounts that may or may not need actual treatment. ITS keeps track of many user-defined parameters. and Analysis module (CTA) is designed to categorize and treat accounts that need special handling. reserve funding. While the system was designed primarily to handle pastdue accounts. and reliability needed to succeed. . Letter variables from these different modules can be embedded within generic letters to produce letters tailored to individual customers. ITS is designed to process incoming and outgoing chargeback transactions for both Visa. MasterCard. valuable credit-processing tool. overlimit accounts. MBS supports both bankcard and retail merchant processing providing an efficient way to settle funds and charge the merchant fees for services rendered. such as time limits to keep your business compliant with the different associations. VisionPLUS creates a comprehensive credit processing environment.