VISA to Start New Technology Center at Bangalore

Visa Inc. has decided to open a Technology Center of Excellence in Bangalore, India, in early 2015, which will be fully staffed by early 2017.

Teams at the Center of Excellence in India will focus on the development of key application programming interfaces (APIs) and software development kits (SDKs), which will provide easy access to VisaNet, when global partners create new commerce and payment experiences.

"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," he added.

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.