Visa has claimed the One Market Street address in San Francisco as the first class address for an innovation center and office space to provide Visa technologists, clients, partners and the Bay Area tech community an innovative space to jointly develop the next generation of commerce applications. Visa’s new One Market office and innovation center has 112,000 square foot and will be home to more than 500 Visa employees.
The centerpiece of One Market will be an innovation center designed to provide an immersive experience for clients and partners, where they can interact with Visa subject-matter experts, and explore new products and technologies that advance the payment experience in areas such as mobile, security and cloud-based technologies. The space has been designed to encourage dynamic interaction and real-time experimentation, and is expected to attract Bay Area technology talent who want to develop the next generation of commerce solutions by working with the industry leader in payments.
Visa noted a recent ABI Research report showing more than 30 billion devices will be wirelessly connected to the “Internet of Things” by 2020. Additionally, a recent survey conducted by the Pew Research Center found that 83% of technology experts and engaged Internet users agreed that the Internet of Things, and embedded, wearable computing, will have widespread and beneficial effects on people, businesses and communities by 2025.
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