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 SAN FRANCISCO, Nov. 18 /PRNewswire/ -- Visa U.S.A. and US Software Inc., based in Carter Lake, Iowa, today announced a joint marketing alliance to provide a full service, turnkey software package to support issuers of the Visa check card, Interlink and Electron deposit access products. US Software currently provides similar support to issuers of Visa's credit products.
 The software package facilitates authorization, settlement, fraud reporting and transaction matching capabilities, among other services, for Visa member financial institutions issuing deposit access products. The software package also is instrumental in providing an effective in-house processing solution for members connecting to Visa. Additionally, the all-inclusive nature of the package is economical in terms of initial capital expenditure and ongoing operating costs. US Software's package is the only available product designed to operate in a workstation LAN environment and provides complete integration with a financial institution's existing demand deposit account (DDA) systems.
 Linda Mock, group vice president of Visa International, said that the new relationship enables Visa to provide a streamlined, full-service option to card issuers. "In working with US Software, Visa has developed a product that directly packages much of the software needs for efficient processing of check card transactions. Together, Visa and US Software are able to assist our customers/members in establishing a presence in the burgeoning check card market in the U.S. and other countries."
 "The initial response to our preliminary software promotion among Visa's members has been very encouraging. We are confident that our package addresses a market need for a comprehensive authorization and processing system," said Mike Rouw, marketing manager of US Software.
 The software package is designed to interface with Visa's BASE I authorization systems, as well as the BASE II settlement system. The solution provides access to a financial institution's demand deposit system for on-line authorizations and for posting settlement items. It also provides transaction matching, risk management controls, exception activity reporting, and chargeback initiation based on Visa's operating regulations. Support for Interlink and Electron is provided by separate software package modules. The packages are economical, integrated, flexible, and easy to maintain and operate.
 Visa members licensing software from US Software receive a 10 percent discount off the package price.
 US Software is an employee-owned organization that markets and supports credit card, debit card, and electronic funds transfer software solutions around the world. Over 170 leading financial institutions have taken advantage of its application packages which are available on a variety of hardware platforms, including mainframes, fault-tolerant computers, and workstations. US Software is committed to the success of each customer, large or small, by providing quality software and a complete range of professional services.
 Visa check cards allow cardholders to use their cards at any of the locations that accept Visa, including more than 10.5 million merchants worldwide. Interlink is the largest direct-debit, point-of-sale network in the world and processes more than 40 percent of all direct debit transactions conducted in the United States. Interlink cards can be used at 22,000 point-of-sale locations in the United States which display the Interlink logo.
 Visa is the leading consumer payment system in the world with 318 million cards issued worldwide, including 159 million in the United States. Visa also has the largest global ATM network with more than 150,000 ATMs.
 -0- 11/18/93
 /CONTACT: Roseann Clavelli of Visa, 415-432-3439; or Mike Rouw of US Software, 712-347-4000/

CO: Visa; US Software ST: California, Iowa IN: FIN CPR SU:

TM -- SF005 -- 5876 11/18/93 09:01 EST
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Publication:PR Newswire
Date:Nov 18, 1993

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