Visa, a global leader in digital payments, announced today its intention to establish a new global Technology and Product Hub in Poland, the first of its kind in Central and Eastern Europe.
The Hub will house up to 1,500 new tech and product employees over the course of the next few years, as Visa invests globally to support its 24/7 development model for innovation and to drive the continued accelerated growth of digital commerce and payments.
Visa’s President of Technology, Rajat Taneja, stated that Poland’s highly qualified workforce and thriving IT sector make it an ideal location for recruiting and collaborating with partners and businesses to develop new payment solutions.
“The next wave of our product and innovation roadmap is even more exciting as we focus on the next generation of AI, cybersecurity, and the resilience and availability of our network for all those who depend on it.”
Poland will be the fifth strategic global Technology and Product Hub for Visa. Visa’s commitment to innovation and investment in the European region, and in Poland in particular, is bolstered by Poland’s burgeoning pool of top-tier technology talent.
Visa is setting up a global technology and product hub in Poland to facilitate a round-the-clock innovation development model.
Visa will discover new ways to leverage emerging talent in the region, expedite product development, and innovate at scale to deliver value to consumers, clients, buyers, and sellers worldwide.
“As a global company that conducts business in more than 200 countries and territories, it is essential for us to invest in local talent, creating regional tech hubs that enable us to serve our global customer base more effectively than ever before,” said Charlotte Hogg, CEO, Visa, Europe.
“We are committed to diversity and inclusion and to ensuring that, as Visa develops, it reflects the diverse perspectives that comprise the communities in which we live and work. This will necessitate the recruitment of diverse talent in Poland, as well as talent from Ukraine and elsewhere in the region.
Prime Minister of Poland Mateusz Morawiecki stated, “It is exceptional news that Visa, with its unique global experience and expertise, has chosen our country out of all possible locations, thereby strengthening Poland’s position as the best place for investments in the new technology sector.”
“The high qualifications of our IT personnel and the large talent pool on the labor market were two of the variables that pointed to Poland as a location for this investment. Our country has the potential to attract highly innovative investments.
Visa has been at the vanguard of digital payments for over six decades, and has operated in Poland since 1995. Visa was the first company to issue a payment card in Poland, and since the earliest days of digital commerce, Visa innovations have underpinned many of the ways in which consumers and merchants pay and are paid.
With Visa as a leading force in digital payments, Poland became the first market to attain complete availability of contactless payments.
Visa acknowledges the importance of digital skills in today’s economy and is devoted to supporting the EU’s efforts to create a more competitive and digitally savvy workforce.1 This investment demonstrates Visa’s commitment to advancing digital inclusion and empowering individuals to prosper in the digital age.