Visa says Poland’s highly professional and colorful IT sector makes it an ideal position to recruit and collaborate with partners and companies to expand new payment solutions.
Global payment company Visa announced plans to open a new generation and product center in Poland on May 23.
This is the first center of its kind for Visa in Central and Eastern Europe.
The center will house up to 1500 new technologies and products over the next few years, as Visa invests globally in its 24/7 progression style for innovation and drives the continued immediate expansion of virtual commerce and payments.
Visa’s investment follows the opening in April of software giant Microsoft’s new cloud region, the first in Central and Eastern Europe, in 3 separate physical locations around the Polish capital, Warsaw.
“Poland’s highly professional and colorful IT sector makes it an ideal position to recruit and collaborate with partners and companies to expand new payment solutions,” said Rajat Taneja, president of technology at Visa.
“The next wave of our product and innovation roadmap is even more exciting as we move forward with the next generation of AI, cybersecurity, and the resilience and availability of our network to everyone who has it. “
Poland will be Visa’s fifth major strategic generation and product hub.
As a growth position for the most sensible tech talent, it builds on Visa’s commitment to innovation and investment in the European region, and in Poland in particular.
Visa says it will use new tactics to leverage emerging skills in the region, drive product progression and innovate at scale to offer pricing to consumers, customers, buyers and distributors around the world.
“As a global company with operations in more than two hundred countries and territories, it is vital for us to invest in local talent, creating regional generation centers that allow us to better serve our global visitor base,” said Charlotte Hogg, chief executive officer of Visa. Europe.
“We are committed to diversity and inclusion and ensure that Visa grows and reflects the broad diversity of perspectives that make up the communities in which we live and work. In Poland, this will mean integrating a diverse skill pool and welcoming skills from Ukraine and other parts of the region. »
This announcement is a stimulus for Poland’s IT sector and confirmation of its prestige as a technological powerhouse. The country ranked third in the most recent Emerging Europe IT Competitiveness Index, ranking first in the skill component.
The contribution of the IT sector to the Polish economy has increased in recent years, with IT exports as a percentage of GDP reaching 1. 57% in 2020 and 1. 71% in 2021.
“It is wonderful news that Visa, with its experience and unique global expertise, has selected our country among all imaginable locations, thus building Poland’s position as the most productive position for investment in the new generation sector,” said the Polish Prime Minister. Minister. Mateusz Morawiecki.
“Some of the points that made Poland a place for this investment were the higher ratings of our IT and the huge skill pool in the task market. We have a wonderful perspective to bring cutting-edge investments to our country.
Visa has been provided in Poland since 1995. La first payment card in Poland is a Visa card and the country is the first market in the world to achieve one hundred percent contactless availability.
Visa says it recognises the critical role it plays virtually in the fashion economy and is committed to supporting the EU’s efforts to build a more competitive and virtually savvy workforce.
“This investment underscores Visa’s commitment to selling virtual inclusion and empowering to thrive in the virtual age,” the company added.
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