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Visa to Open Its First Tech Hub in Eastern Europe

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Photo: Visa Europe. Source: pymnts.com
Photo: Visa Europe. Source: pymnts.com

International payment system Visa has announced plans to establish a new global technology and product hub in Poland, marking its first strategic centre of this kind in Central and Eastern Europe. The objective behind its creation is to support Visa's development in the realm of digital commerce and payments, reports Business Wire.

The opening of the product centre will facilitate the hiring of 1,500 professionals. They will be working on products in the fields of artificial intelligence, cybersecurity, and network resilience.

According to Visa representatives, Poland was chosen for the hub's opening due to its pool of talented professionals and a thriving IT sector, making it a conducive environment for the development of cutting-edge payment technologies. Rajat Taneja, President of Visa Technology, noted: "Poland's highly skilled workforce and vibrant IT sector make it an ideal location for hiring and collaborating with partners and companies to develop new payment solutions."

"As a global company doing business in over 200 countries and territories, it is important for us to invest in local talent, creating regional technology centres that enable us to serve our global customer base better than ever before," said Charlotte Hogg, Chief Executive Officer of Visa in Europe.

The opening of Visa's tech hub in Poland showcases the global payment system's inclination towards engaging professionals from various countries, including those from Eastern European nations, like Ukraine. Notably, a substantial number of Ukrainian IT professionals are currently working in Poland, thus they too could become employees of Visa's product centre in Poland.

"We are committed to diversity and inclusion, and we care about ensuring that as Visa grows, it reflects a broad range of perspectives that make up the communities where we live and work. In Poland, this will mean engaging diverse talents and welcoming talents from Ukraine and other parts of the region," Charlotte Hogg pointed out.

Polish government officials welcome Visa's decision to open a tech hub in their country. In particular, Prime Minister Mateusz Morawiecki emphasised that Poland is an attractive place for investments in the technology sector due to its highly skilled IT professionals and rich talent pool.

Poland will become Visa's fifth major global technology and product strategic centre.

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