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Visa Electron

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Overview

Payment group: Cards (debit & credit)
Payment product ID: 122

Visa is one of the world’s largest card brands that facilitates online payments in over 200 countries. Originating from Bank of America’s initiative to introduce a new unified financial instrument for consumers  in 1958, it has now issued over 3.3 bln cards worldwide.

Visa Credit

Visa Credit is the main card brand in the Visa family.

Visa Debit

A major Visa debit card, available globally. Visa Debit cards are linked to the consumers’ bank accounts. In many countries the Visa Debit functionality also allows access to ATM and domestic networks.

Visa Electron

Visa Electron is a debit card available across most of the world, with the exception of Canada, Australia, Ireland and the United States. It was introduced in 1985. The difference between Visa Electron and Visa Debit is that Visa Electron card doesn’t allow overdraft.

Verified by Visa

Visa’s 3D Secure authentication service. It is supported by many issuing banks in order to reduce fraud and disputed payments.

Key benefits

  • Real-time authorization
  • Secure payments
  • Fast settlement cycle
  • International acceptance

Boarding

Visa Electron is available as a part of our full-service offering and has a simplified boarding process:

  1. Our merchant implementation team completes the online boarding form & submits it to our acquiring partner.
  2. Depending on our acquiring partner's feedback, you might need to sign a "Card Not Present" agreement.
  3. Our acquiring partner completes KYC.
  4. Our acquiring partner sets up a new processing account for your business.
  5. Our acquiring partner shares a new processing account with Worldline.
  6. We configure pre-production and production credentials for you.
  7. You run the end-to-end testing with the support of our merchant implementation team.
  8. Go live!

For other questions, you can always contact the boarding team to help you out.

Contact us

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