Visa, one of the world leaders in digital payments, plans to open a global technology and product hub in Poland, which will be the first of its kind in Central and Eastern Europe. The investment aims to support a 24/7 innovation development model and further fuel the rapid growth of digital commerce and payments. The Polish Investment and Trade Agency supported the company throughout the investment process.
It will be Visa’s 5th such centre in the world and the first in Europe. The company plans to employ more than 1,000 high-level IT professionals in connection with the investment.
“It is exceptionally good news that Visa, with its unique worldwide experience and know-how, has chosen our country among other potential locations, thus building Poland’s position as the best place for investments in the new technologies sector.”,
stressed Prime Minister Mateusz Morawiecki
“Poland was chosen as the location for this investment due, among other things, to the high qualifications of our IT workers and the significant talent pool in our labour market. We have great potential to attract highly innovative investments to our country.”,
he added.
The investment will be Visa’s fifth global technology and product hub of major strategic importance. The investment project implemented in Poland is part of Visa’s drive to create innovation and invest in the European region. Visa will look for new ways to leverage the skills of young professionals from Central and Eastern Europe to accelerate product development work and create innovation at scale, benefiting both consumers and its customers, as well as buyers and sellers around the world. By 2025, the Hub will employ 1,500 technology professionals.
“Poland has a highly skilled workforce and a thriving IT sector. This is why it is an ideal place to attract new talent and create new payment solutions in collaboration with our partners and companies.”,
said Rajat Taneja, President of Technology, Visa.
“As a company with operations in more than 200 countries and territories, we place a high value on investing in local talent and creating regional technology hubs because it allows us to serve our global network of customers better and better.”,
added Charlotte Hogg, CEO of Visa in Europe.