Visa will create around 800 new jobs in Austin.

Governor Rick Perry announced Wednesday that Visa plans to build a new global IT center in Austin, which will create 794 new jobs in Austin and millions in capital investment.

The state has offered the company $7.9 million through the Texas Enterprise Fund in exchange for the company’s commitment to create these new jobs in Texas.

Visa is a global payments technology company, which operates in more than 200 countries and territories.

“Texas is competing nationally and internationally for jobs and we want companies who are looking to expand or relocate to consider the Lone Star State first and all we have to offer,” said Perry.

Perry continued, saying “Visa’s decision to build a new global IT center in Austin is a great fit with our skilled workforce and Central Texas’ reputation as a hub for high tech companies.”