Trasaction sent through merchant's acquirer
Visa Platform Connect
Transaction is processed via Visa Platform Connect and Visa Acceptance Platform
VPC sends the issuer capture file to acquirer for settlement
Acquirer
VPC
Card scheme sends request to issuing bank
Visa Acceptance Platform
Traditional connectivity model
Visa Platform Connect
The average acquirer integration takes 3-6 months.
The average acquirer integration takes 4-6 weeks with no need for auth flow development.
Every new product or payment flow requires updates to each acquirer connection.
New products and payment flows are available without additional development.
An individual card-present certification is needed for each acquirer.
Card-present certifications are completed once for Visa Platform Connect and are then available for all connecting acquirers.
