"Visa Inc...will open a new technology center in India in 2015 and strengthen its technology resources by creating 2,000 full-time technologist positions around the world," Visa said in a press release.
The positions will be a combination of new roles and existing contractor positions that are being converted to full-time positions.
Visa said the initiatives will help it accelerate shift to electronic payments and drive innovation in mobile and digital platforms.
"India is known around the world as a hub for technology- led innovation. Visa’s decision...further demonstrates our commitment to the region and presents us with an exciting opportunity to grow our internal team from the strong pool of local software engineering talent," said Uttam Nayak, Visa’s group country manager India and South Asia.
The new technology centre will develop key application programming interfaces and software development kits that will help easy access to VisaNet, it added.