AUSTIN - Visa Inc. plans to hire 500 engineers in Austin by the end of 2015, according to Chief Marketing Officer Antonio Lucio.
Visa's plans were disclosed in an Ad Age article this week that focused on the company's push to develop a mobile payment system and rebrand itself as a destination for talented tech workers.
According to the report, San Francisco-based Visa's newly launched Checkout digital payment service is one reason the company is in need of engineering talent.
The massive credit card company disclosed in the report that it plans to spend half of its advertising budget on digital channels, up from 46 percent previously.
Visa's current Austin operations are based out of 12301 Research Blvd. in Northwest Austin, near Apple Inc., which is also moving aggressively into the mobile payments world.
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