We have addressed all affected clearing records. Any possible settlement delays will be addressed directly with the relevant customers.

We have verified that the clearing functionality is fully restored and the resubmitted records have been cleared. We will continue with the resubmit process and monitor the outcome.

We have restored the functionality and we are in the process of resubmitting the affected clearing records. We are closely monitoring the status of these records and we are in touch with Visa to ensure the correct processing of these records, to avoid further delays in settlement.

The root cause of the degradation of service affecting clearing of Visa transactions has been identified. Our team is actively applying a fix to restore full functionality. The customers should go ahead with processing the corrections issued. Settlement delays up to two days will be observed for the affected transactions.

Customer can observe a high number of corrections as a side-effect of this incident. The advice is to hold off processing these corrections for the time being.