Visa Socioeconomic Reporting
Meet all your reporting requirements
With the help of Visa’s Socioeconomic reporting tool, filling requests for reporting requirements through collected information is easy. This tool assists you in gathering transaction and merchant information to meet supplier socioeconomic and demographic-reporting requirements (including federal Form 1057).
Advantages
- Provides company diversity managers with convenient, easy-to-use access to essential supplier demographic information.
- Helps companies to stay in compliance with regulatory requirements.
- Easy-to-implement tool provides enhanced accuracy over non-automated solutions.
- Ability to match your company’s Visa commercial transactions to profiles in the Visa Merchant Profile Database.
Features
- Summary and transaction detail reports.
- Seamless online report formats for downloads or knowledge share.
- Daily transaction updates and a rolling 25 months of historical coverage.
- Creation of custom reports by Reporting Type: detailed or summary; Reporting Period: calendar year, calendar quarter, month, or date range; Report Format: HTML, CSV, PDF, or tab-delimited text; Output Method: view, download, or send to mailbox; Transaction Type: debit, credit, or all.
- Merchant Category Group allowing for selection of up to 11 pre-defined merchant categories such as airline, mail order, etc.
- Incorporation Status allowing for selection of up to 9 pre-defined incorporation types, such as individuals/sole proprietor, partnerships, corporation, and more.
- Optional Report filters by vendor type, including: Minority vendor, Woman-owned vendor, 8A classified vendor, SBA Registered vendor, Small Disadvantaged Business , HUB Zone Indicator, Disabled Veteran, Vietnam Era Veteran, and Veteran.
