News

Multinational payments collaborative sets up shop in Barcelona

July 18, 2017

Global Payments Inc., a provider of payment technology services, has partnered with CaixaBank, Visa, Samsung and the U.K.-based vehicle leasing company Arval to establish a payment innovation hub at Pier 01, the designated "startup headquarters" in Barcelona, Spain.

The collaboration center will bring together industry members from around the world to develop state-of-the-art payment solutions and create new purchase experiences aligned with evolving technology and market trends, according to a press release.

The payment innovation hub will feature a multidisciplinary team comprised of experts in R&D, technology, market analysis and business development, who will work to shape the payment technologies of the future, Global Payments said.

The team will explore potential using emerging technologies such as the Internet of Thins, as well as omnichannel solutions that buyers and sellers will use to conduct commerce across physical and virtual channels.