Visa Direct B2B Institutional Tokenized Processing (MID/TID)
All Visa Direct B2B transactions processed through our institutional MID and TID configurations utilize enterprise-grade security, tokenization, and compliance controls as defined in the Visa Direct Institutional Program Implementation Framework.
1. PAN Tokenization for B2B
- All card-based B2B transactions use PAN tokenization, replacing sensitive card data with unique tokens.
- Tokens are restricted to specific institutional MID and TID, approved transaction types (OCT, AFT), and designated B2B processing channels.
- Token lifecycle management follows Visa Direct institutional requirements.
2. Secure Processing via MID/TID
- Card-Not-Present (CNP): All B2B CNP transactions are processed through the institutional MID/TID.
- Direct Bank Terminal Transfers: Supported through acquiring bank-issued TID for high-value institutional flows.
- API Integration: System-to-system connectivity via acquirer-approved APIs with mutual TLS authentication.
3. Security Architecture
Control Description
End-to-End Encryption All data-in-transit encrypted via TLS 1.3 minimum
Tokenization PAN tokenization for all card-based transactions
Multi-Factor Authentication MFA enforced for all privileged access and payment origination
Hardware Security Modules HSM-protected key storage and cryptographic operations
Secure Key Management Automated key rotation, split knowledge, dual control
Role-Based Access Controls Least-privilege access model, quarterly access reviews
4. Infrastructure
- High Availability Architecture (active-active/active-passive)
- Cloud and Hybrid Deployment Support
- Geographic Redundancy across primary and secondary sites
- Load Balancing with intelligent traffic distribution
- Real-Time Monitoring and alerting
5. Compliance & Risk Framework
Compliance Controls:
- Customer Due Diligence (CDD): Standard onboarding verification
- Enhanced Due Diligence (EDD): Triggered by risk score, PEP status, or transaction profile
- Ongoing Monitoring: Continuous transaction surveillance and periodic review
- Sanctions Screening: Real-time screening against OFAC, UN, EU, and domestic lists
Regulatory Compliance:
- FATF Standards: Adherence to 40 Recommendations
- Travel Rule Requirements: Originator and beneficiary data propagation
- Cross-Border Payment Regulations: Jurisdiction-specific reporting obligations
- Data Privacy Requirements: GDPR, local DPA, and Visa data standards compliance
Fraud Prevention:
- Real-Time Risk Scoring at transaction initiation
- Velocity Controls with configurable thresholds by entity and currency
- Behavioral Analytics leveraging historical transaction patterns
- Transaction Monitoring with automated case generation
Audit Controls:
- Complete Audit Trails for all transaction lifecycle events
- Immutable Transaction Logs with tamper-evident storage
