Business Irish

Sunday 18 February 2018

Online payments firm creates 200 jobs in Dublin reporters

Some 200 jobs have been created by global online payments company PayPal.

The new posts will be in customer services and operations at the firm's European Centre of Excellence in Blanchardstown, Dublin.

PayPal's Louise Phelan said the company has grown substantially in Ireland since it began here in 2003 - from having just 25 staff to more than 1,350.

The new jobs are permanent positions in customer service, risk operations, financial operations, sales and account management for individuals fluent in English and a second European language.

"This announcement is a testament to the excellent work and commitment of our current employees," said Ms Phelan.

"We have gone from strength to strength since the official opening of our Centre of Excellence here in Blanchardstown two years ago."

Jobs Minister Richard Bruton said PayPal will soon employ well over 1,550 people in Dublin.

"If Ireland is to get out of this crisis and get jobs growing again, we must build determinedly on our existing strengths as an economy," he said.

"One key aspect of this is our base of world-leading internet companies who have established major operations here.

"My plan to get people back to work includes relentlessly building on this success in order to ensure the maximum job-creation benefit to our economy."

PayPal is a safe way to pay and get paid online, with members allowed to move money from accounts without sharing financial information.

It boasts more than 100 million active accounts in 190 markets and 25 currencies around the world.

The Dublin centre manages all direct customer contact for PayPal's businesses across Europe.

Barry O'Leary, chief executive of IDA Ireland, said the announcement underlines Ireland's continuing ability to attract high-calibre foreign direct investment.

"PayPal's decision represents a key endorsement from one of the world's leading online companies, building on Ireland's reputation as the internet capital of Europe," he added.

"I would like to congratulate the management and staff of PayPal on the successful growth of its operation and I look forward to building on IDA's close relationship with the company as it expands in Ireland."

Leo Varadkar, Dublin west TD, said the news reinforced Blanchardstown's growing status as an information technology hub.

"The new jobs are particularly welcome in these difficult times, and are just the sort of new positions we need to get the economy back to strong growth," he added.

"The Government is firmly committed to job creation and has already introduced key measures, like the Jobs Initiative.

"I'm particularly pleased that Blanchardstown has been able to attract global companies like PayPal and eBay, and I hope this move will attract further high-calibre jobs to the area."

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