Reportedly, Visa Inc.(V) to open a new office in Atlanta next year as part of an expansion in the city. Visa’s new office will be based at 1200 Peachtree Street in Midtown Atlanta district and will have employees performing a range of functions, focussing mainly on technology and client services. Visa informed that several company leaders will relocate to Atlanta, and the Visa’s staff is expected to grow to about 1,000 employees over the next few years.
“As Visa continues to grow, it is critical we have a strong local presence in areas where we do meaningful business. Growing our presence and workforce in Atlanta will enable Visa to serve our clients more effectively, support talent development and contribute to the long-term success of local communities,” stated Kim Lawrence, head of the U.S. market at Visa.
The payment giant plans to work with small businesses, technology groups, and universities in the area to increase supplier diversity and offer local communities greater access to financial resources.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Its mission is to connect the world through the most innovative, reliable, and secure payment network – enabling individuals, businesses, and economies to thrive. Their advanced global processing network, VisaNet, provides secure and reliable payments around the world and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying its brand, products, people, network, and scale to reshape the future of commerce. To learn more about Visa (V) and to track its ongoing progress please visit the Vista Partners Visa (V) Coverage Page.)
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