Visa is to open a new technology centre in Bangalore, India, next year with the aim of recruiting 1000 staff to work on APIs and software development kits by 2017.
As a recognised innovation hub, Bangalore offers Visa the opportunity to tap into a rich vein of tech talent from the country's premier universities as it seeks to augment its capabilities in open digital development platforms.
Nitin Chandel, SVP of Visa’s Developer Platform based in India, says: “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.”
He says that teams in India will focus on the development of key application programming interfaces (APIs) and software development kits (SDKs) in order to help partner firms more easily access VisaNet.
Looking to complement its global team of technologists, Visa says it will also add talent to its technology facilities in Austin, Texas, the San Francisco Bay Area and Singapore, and grow its teams that support Visa’s data centers in Ashburn, Virginia and Denver, Colorado.
The card scheme recently opened a 112,000-square foot innovation center, One Market, at its new office space in San Francisco, California to enable Visa technologists, clients, partners and the Bay Area tech community to work in a collaborative environment on new payment innovations.