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Visa" the company establish a center for innovation in the UAE
3/25/15
Visa announced the company is specialized in electronic and listed on the New York Stock Exchange payments sector it will invest in the establishment of an innovation center in Dubai, in the UAE, where the main take-based, which operates through its operations in Central and Eastern Europe, Middle East and Africa regions. The announcement came at the end of the visit by CEO of Visa Charlie Scharf to the United Arab Emirates and lasted two days, during which he met with representatives from government officials and the financial sector. This commitment to the establishment of centers for innovation around the world reflects the technological leadership of the company Visa and seeks to work with customers and other partners in the payments ecosystem to drive innovation and digital innovation in the electronic payments industry.
Visa and trust that the new center will allow the employees and customers of the company and its partners Visa technology innovation to develop the next generation of space-commerce applications. These innovations will not only contribute to achieving the objectives of the Smart City in Dubai later, but in providing a platform for innovation and export to other parts of the region. Said Kamran Siddiqui, executive director of the Group for Central and Eastern Europe, Middle East and Africa at Visa: "Visa has invested in Dubai for a long time.
The announcement of the Innovation Center here reinforces the importance of the United Arab Emirates, not only as a center for business visa in the region but also for Central and Eastern Europe, Middle East and Africa, and continued Kamran Siddiqi We wanted through the announcement of the center for innovation in the state create a platform that allows banks and communications technology companies and other, work together to bring the latest innovations and services that contribute to the promotion of electronic payments sector. "He added, Kamran Siddiqui:" The UAE has a very well-developed economy, and the financial sector and excellent services, and network connections very upscale, making it eligible to provide necessary to accept the new technology environment. On the basis of its strategic location and status as a center of business, trade and innovation, the UAE has become our eyes poised to be the platform through which we call the new technologies to the other in the Middle East and North Africa, the major markets in Central Africa. "
The UAE also has one of the highest prevalence of smart phones in the world, which is up to 78% 1. Based on this fact, Visa UAE chose among 16 countries in the world which allows consumers to take advantage of Cech Ott service from Visa, which is quick and easy to pay for shopping via the Internet, through any device, with some simple clicks service. Said my friend, "to achieve our vision of strengthening our position as the best way to handle financial Everyone In any place, we need to commit to cooperation and the promotion of innovation. This matter will contribute to strengthening efforts to make Dubai and the UAE's first community Arab-free cash transactions by the Expo 2020".
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