Global Card Payments Company Visa, Inc. plans to establish a new technology development base in India by next year.

With the new center, Visa plans to create 2,000 new full-time jobs around the world, while taking advantage of India's software engineering talent.

"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.

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It plans to combine new roles and existing contractor positions that will be converted to full-time positions.

The new center focuses on the development of key application programming interfaces (APIs) and software development kits (SDKs) to easily access VisaNet, the company said.

"The combination of these initiatives will help accelerate the shift to electronic payments and drive innovation in mobile and digital platforms,"

Other companies have already established new centers in the country including HSBC, Citibank, Deutsche Bank, Stanchart, Goldman Sachs and Fidelity.

"India is known around the world as a hub for technology-led innovation." Uttam Nayak said, Visa's group country manager India and South Asia.

"Visa's decision to open a new technology development centre here 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."

TagsVisa Inc, visa, API, SDK, HSBC, Citibank, Deutsche Bank, Goldman sachs, Fidelity, Stanchart