Credit: Visa Singapore Facebook page
Global payments technology company, Visa, on Wednesday (26 July 2017) launched two data centres in Singapore and the United Kingdom that would serve as its transaction processing hub to meet the growing demand for mobile and digital payments in the Asia Pacific region and Europe.
The two facilities are both 10,000 square feet wide and will start processing global transactions by 2018. Visa said the new data centres will complement its existing facilities in North America and boost redundancy and resilience of its infrastructure.
"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," said Rajat Taneja, executive vice president of technology at Visa.
The Singapore data centre is Visa's first transaction processing facility in Southeast Asia. It will serve clients, cardholders, and merchants across the region.
"With our new processing facility in Singapore, we're strengthening our ability to meet rising demand for digital payments, while driving the pace of payment innovation across the Asia Pacific region," said Chris Clark, group executive at Visa in Asia Pacific.
"The launch of our state-of-the-art data centre in Europe is a critical milestone, enabling all our clients and partners to take advantage of Visa's global technical resources and assets," said Bill Sheedy, CEO of Visa Inc. in Europe.