Visa Europe plans to build a 10,000 square feet datacentre on the outskirts of London to support its transactional payment services.
The datacentre will be built, designed and leased by datacentre group Digital Realty Trust. .
"This is the second major financial services organisation to sign a lease with Digital Realty Trust in recent months, indicating that the need for datacentres, and investment in these critical facilities, continues to grow within the European marketplace," said Digital Realty Trust.
Steve Chambers, CIO of Visa Europe, added: "Visa is committed to consistently providing its European customers with robust, reliable and secure payment services, and to achieve this we rely on state-of-the-art datacentre facilities which provide the foundation for our business."
Visa Europe worked with Digital Realty Trust to minimise risks and optimise operations, said Steve Chambers (pictured).
In March 2011, Visa rolled out a mobile and e-mail payment service.
Samsung and Visa have also formed a partnership to provide mobile NFC payments in time for the 2012 London Olympic games.
Visa Europe recently launched an IT apprenticeship scheme for school leavers. The Visa Higher Apprenticeship Programme has vacancies for 12 trainees based in its offices in Basingstoke, London Paddington and Reading.
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