V

Voice Response Unit (VRU)

Voice Response Unit (VRU):

An automated authorization support system for touch-tone telephones.

Visanet

Visanet:

The data processing systems, networks, and operations used to support and deliver authorization services, exception file services, and clearing and settlement services.

Valid Date

Valid Date:

The date embossed by the card issuer on the credit card. An establishment cannot accept a card for payment of goods or services prior to this date.