VISA Hiring Cryptocurrency and Blockchain Expertise

VISA is recruiting project managers to work on its crypto team.

A recent job posting indicates the company is searching for a full-time technical product manager position familiar with blockchain for the company's Palo Alto-based location, VISA Fintech.

According to the job description, VISA is looking for candidates who are knowledgeable and experienced when it comes to permissionless blockchain technology.

In terms of qualifications, VISA expects applicants to have graduated from a top-tier university, have an understanding of advanced cryptography and possess deep knowledge of the cryptocurrency space and the major players involved.

VISA's crypto team, which falls under the corporation's Fintech Product Group, is tasked with collaborating with the VISA research team to create "Innovative products" that would be of value to VISA and other fintech companies.

Manage the product strategy and roadmap for cryptocurrency related opportunities.

VISA's decision to create a crypto team appears to be in line with the corporation's goal of being the "Best method of making payments globally." The move also confirms comments made by the CEO in an Oct. 2018 interview with CNBC. In the interview, Al Kelly, the CEO of VISA said he did not consider Bitcoin and other cryptocurrencies competitors since they were more of commodities than tools for payment.

From Al Kelly's comments, it was possible that VISA was willing to look into cryptocurrency and blockchain technology if cryptocurrencies became more competitive as a means of payment.

The recent move to create a crypto team could be a response to the growing number of fintech products aimed at making cryptocurrency payments cheaper, faster, and more convenient.

VISA's decision to venture into the crypto space could be an attempt to stay ahead of these developments and compete to remain the "Best means of payment."