Visa to Create 2,000 Full-Time Jobs Amid Global Tech Push

Visa Inc., the world's largest payments network, is creating 2,000 full-time jobs as the company expands teams in Singapore and the U.S. and opens a technology center in India.

The total includes new roles and existing contractor jobs that are being converted into full-time positions, the Foster City, California-based company said today in a statement.

"Recruitment efforts, which are currently under way and will continue through 2017, will focus on a range of technology needs spanning data scientists, engineers, platform architects and mobile developers," the company said in the statement.

Visa plans to open a new technology-development center in India and is adding staff in Austin, Texas; Ashburn, Virginia; the San Francisco area and Denver.

The investment "allows us to strengthen our talent pool globally, and bring more of it in-house," Rajat Taneja, executive vice president of technology, said in the statement.

The company opened a new outpost in San Francisco in July. Visa has been expanding its digital and mobile products and services, and in July introduced Visa Checkout, which it said will allow consumers to make purchases faster online.

Earlier this month, Apple Inc. said its new iPhones include a payment system that relies on card networks including Visa as well as banks. As part of the partnership, Visa offers bank clients a new service that replaces account information with a digital token.

As Visa increases its investments in in-house capabilities, the firm is reducing its stake in other startups. Visa said Sept. 18 it was considering its options regarding an investment in Monitise Plc, a London-based mobile-payments firm.

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