 "Visa to set up Technology Center of Excellence in Bangalore")
Visa 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.
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.
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 Reuters[/caption]
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, the company said.
“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.”
The announcement is one of many initiatives that Visa has undertaken to strengthen its global technology resources.
The company has begun introducing, in select markets, an easy payment service called Visa Checkout, which allows consumers to pay for goods online, on any device, in just a few clicks.
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