Visa sets up data centre in Singapore

The sprawling 10,000 sq ft hub is its first transaction processing centre in SEA.

As part of its efforts to expand its transaction processing capabilities, Visa has unveiled data centres in Singapore and United Kingdom.

Visa’s 10,000 square foot data centre in Singapore is Visa’s first transaction processing centre in Southeast Asia and will serve clients, cardholders and merchants across the region and in Visa’s global network.

“As home to our Asia Pacific headquarters, Singapore is already a major hub for the Visa business,” Chris Clark, Group Executive, Asia Pacific, Visa, said in a statement.

He added, “With our new processing facility in Singapore, we’re strengthening our ability to meet rising demand for digital payments, whilst driving the pace of payment innovation across the Asia Pacific region.”

The new data centre is Visa’s third major investment in Singapore in the last two years.

To recall, Visa launched the first international campus of Visa University at its headquarters in Singapore in September 2016. In April 2016, Visa launched the Singapore Innovation Centre, a destination for clients, partners and developers across the region to work alongside Visa experts and jointly create next-generation commerce applications.