Visa hires Square's head of payments

Business 1/11/2019, 6:57 PM
Visa hires Square's head of payments

Financial services company Visa Inc. announced on Friday that it hired Mary Kay Bowman, former Head of Payments at Square Inc., to be its new Head of Seller Solutions. "This is a critical role, as the point of sale is undergoing dramatic change as it shifts from traditional payment acceptance to digital, cross-channel payment experiences," the statement from the company said.

Before joining Square in 2015, Bowman worked for Amazon Inc. for 10 years. At Visa, she will report to Chief Product Officer Jack Forestell.

Square's shares were up 0.26% at 12:40 pm ET, while Visa lost 0.41% at the same time.

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