Visa opens UK and Singapore data centres
Written by Anthony Strzalek
Visa has announced the opening of two new state-of-the-art data centers in the UK and Singapore, in an effort to expand its global transaction processing capabilities.
The new processing centres are designed to meet the growing demand for digital payments around the world. The two hubs will increase the speed, resilience and geo-diversity of Visa’s infrastructure, while looking to strengthen the company’s ability to deliver new and more sophisticated ways to pay.
The Singapore and UK data centres will complement Visa’s existing processing facilities in North America. Visa plans to start processing global transactions in the two new facilities in 2018.
Visa’s expanded footprint is expected to help boost the resilience of its infrastructure, minimising the likelihood of service disruptions to its 16,600 financial institutions, millions of merchant acceptance locations, and three billion cards.
Rajat Taneja, executive vice president of technology at Visa, said: “Commerce and payments are in the midst of an historic shift from analog to digital. A growing majority of people around the globe are leaving cash behind and reaching instead for their cards and devices to pay.
“With our technology investments in Asia and Europe, we’re scaling up our infrastructure to meet the explosive growth in digital and mobile payments, while maintaining the secure, convenient and always-on service that our clients and partners expect.”