Base II

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Dictionary Says

Definition of 'Base II'

A data processing network operated by Visa USA for the clearing and settlement of bank card transactions between card-honoring merchant banks and card issuers. This system provides net daily account settlement among Visa member institutions. The other data processing network by VISA, Base I, authorizes transactions, while the Base II clears and settles the transactions.    
Investopedia Says

Investopedia explains 'Base II'

Base II was created along with the Base I standard in 1976 by Bank of America's IT staff. BASE stands for Bank of America System Engineering. The system was so named because prior to 1973, VISA was known as BankAmericard.   

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'Base II'

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    Using Base Metals As An Economic Indicator. ... The performance of base metals is
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  • Forex Minis Shrink Risk Exposure

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    ... This is true when the US dollar is the second, or quoted, currency in the pair.
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    ... stock prices would be determined primarily by fundamentals, which, at the basic
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  • Investing In The Metals Markets

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    ... These rare-earth metals, along with a selection of elements known as base and precious
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  • 6 Asset Allocation Strategies That Work

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    ... Strategic Asset Allocation Strategic asset allocation is a method that establishes
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  • Why isn't the EUR/USD currency pair quoted as USD/EUR?

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  • Top Base Metal Plays

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