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About Visa
Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. (wiki)
Tier II Program Reporting Requirements
Visa requires that suppliers who participate in the 2nd Tier Program submit performance reports detailing purchasing data covering spend with the following supplier classifications:
- Disadvantaged Business Enterprises (DBE)
- Disability-owned Business Enterprise (DISABLED)
- Historically underutilized zones (HUBZONE)
- Lesbian, Gay, Bisexual and Trans-owned Business Enterprise (LGBT)
- Minority-owned business (MBE)
- Service-Disabled Veteran-owned Business Enterprise (SDVET)
- Veteran-owned Business Enterprises (VET)
- Women-owned business (WBE)
- Small Business Enterprises (SMALL)
Reporting Frequency
Reports must be submitted quarterly on the following dates:
- Quarter 1 (January 1 - March 31):
- Period opens April 1st
- Reports due by May 15th
- Quarter 2 (April 1 - June 30):
- Period opens July 1st
- Reports due by Aug 15th
- Quarter 3 (July 1 - September 30):
- Period opens October 1st
- Reports due by Nov 15th
- Quarter 4 (October 1 - December 31):
- Period opens January 1st
- Reports due by Feb 15th
*Please access your UniTier account to learn of any changes made to your customer's reporting due dates
Questions about reporting requirements? CONTACT US