Visa Brings Six Global Technology Hubs to Singapore, Creating New Jobs at Paya Lebar
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Visa, the global payments company, has announced that it will set up six technology hubs in Singapore. The hubs will focus on building skills in emerging technologies. The company says the move reflects how the global payments industry is changing quickly.
The new centre in Paya Lebar is expected to employ about 1,500 staff. The hubs will work on new technologies that help people and businesses pay for goods and services. By locating these teams in Singapore, Visa will add skilled jobs to the local market and strengthen the country's position as a centre for financial technology.
The announcement comes at a time when digital payments are becoming more common in everyday life. Many people in Singapore already use mobile phones and cards for shopping, transport and bills, and companies are looking for new ways to make these services faster and safer. Visa's investment shows how global firms continue to see Singapore as a base for technology work in the region.
The company has not yet given full details about the timeline for hiring all 1,500 staff or the exact roles that will be created. Further information is expected in the coming months as the hubs begin operations.
Sources: The Business Times
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