Technology Center of Excellence in India will be home to more than
1,000 employees by early 2017
FOSTER CITY, Calif.--(BUSINESS WIRE)--
Visa Inc. (NYSE:V), the global leader in payments, today announced that
it has selected Bangalore as the site for its Technology Center of
Excellence in India to be opened in early 2015 and fully staffed by
early 2017.
Considered the innovation hub of India, Bangalore offers Visa the
ability to attract a diversity of world class talent from the country’s
premier universities, while being part of a community that is
experiencing tremendous growth in world-class innovation centers and
technology facilities. These investments have led not only to improved
infrastructure, but have also enabled Bangalore to become a center for
cultural activity.
“India is fast becoming a global technology epicenter with an incredible
pool of technology talent,” said Nitin Chandel, Senior Vice President of
Visa’s Developer Platform based in India. “The development of a
Technology Center of Excellence in Bangalore is an opportunity to build
from the ground-up a culture of innovation that is reflective of Visa’s
strategy to open its network to new and different technologies.
Embracing and enabling new payment forms is just one reason why Visa
continues to be the industry leader, providing the best way to pay, and
be paid, for everyone, everywhere.”
Teams at the Center of Excellence in India will focus on the development
of key application programming interfaces (APIs) and software
development kits (SDKs) in order to help an expanding group of global
partners more easily access VisaNet when creating new commerce and
payment experiences.
Roll-out of New Visa Technology Initiatives
This latest announcement is one of many initiatives that Visa has
undertaken to strengthen its global technology resources. Looking to
complement an already accomplished team of technologists, Visa will add
talent to its technology facilities in Austin, Texas, the San Francisco
Bay Area and Singapore, and grow its teams that support Visa’s
world-class data centers in Ashburn, Virginia and Denver, Colorado.
Technologists at Visa have been working on a variety of new payment
technologies throughout 2014. In fact, Visa recently opened a
112,000-square foot innovation center, One
Market, at its new office space in San Francisco, California. One
Market is specifically designed to enable Visa technologists, clients,
partners and the Bay Area tech community to co-develop the next
generation of commerce applications. Additionally, the company has begun
introducing, in select markets, a quick and easy payment service called Visa
Checkout, which allows consumers to pay for goods online, on any
device, in just a few clicks. More recently, Visa partnered with
financial institutions and Apple to begin facilitating payments through Apple
Pay.
More information about careers at Visa’s sites around the world can be
found at: http://usa.visa.com/careers/index.jsp.
About Visa Inc.
Visa Inc. (NYSE:V) is a global payments technology company that connects
consumers, businesses, financial institutions, and governments in
more than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world's most advanced
processing networks — VisaNet — that is capable of handling more than
56,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa's innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, pay ahead of time
with prepaid or pay later with credit products. For more information,
visit usa.visa.com/about-visa, visacorporate.tumblr.com and
@VisaNews.
Source: Visa Inc.