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Allows Jordanian banks to connect their host computers and ATM to a switch (network). |
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Provides cash withdrawals / Balance inquiry. |
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Performs clearing and settlement between member banks and between VISA member banks and VISA international. |
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Logs all switched transactions, calculates all fees approved by VJCS’s steering committee. |
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Operating regulations (ATM proprietary cards are diminishing, more VISA cards in use, hence VISA operating regulations apply). |
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Unified standard of interfacing. |