text: Visa expands global transaction processing with facilities in Singapore and United Kingdom | Visa
  Visa (NYSE:V), a global payments technology company, today announced expanded transaction processing capabilities in two state-of-the-art data centres in Singapore and the United Kingdom. The new global processing hubs will increase the speed, resilience and geo-diversity of Visa's infrastructure, while strengthening the company's ability to deliver new and more sophisticated ways to pay in today's hyper-connected global economy.
  The Singapore and UK data centres will complement Visa's existing processing facilities in North America. With four synchronized data centres, Visa's expanded footprint will boost the redundancy and resilience of its infrastructure, minimizing the likelihood of service disruptions to Visa's 16,600 financial institutions, millions of merchant acceptance locations, and 3 billion cards.1 The two centres are equipped with best-in-class technology, including high-performance hardware and energy-efficient power and cooling infrastructure. Visa plans to start processing global transactions in the two facilities in 2018.
  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.
  "We are delighted that Visa has chosen Singapore as the location for its new data centre, reinforcing Singapore's position as a trusted business and technology partner," said Mr. Kelvin Wong, Assistant Managing Director, Singapore Economic Development Board. "This investment strengthens the sophistication of Visa's business footprint in Singapore and is a testament to Singapore's regional leadership in data management and connectivity."
  United Kingdom Data Centre
  In June 2016, Visa Inc. announced the completion of its acquisition of Visa Europe, starting a multi-year process to combine the two companies into a unified global organization with a shared technology platform. This integration brings 3,200 European clients onto VisaNet, Visa's global transaction processing network, and involves a retrofit of Visa's legacy data centre in the UK.
  "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 Europe, Visa Inc.