independent

Sunday 19 August 2018

Major award for Paypal as leading FDI company

Martin Shanahan, CEO, IDA Ireland, presenting the award to Louise Phelan, Vice President, Continental Europe, Middle East and Africa, PayPal
Martin Shanahan, CEO, IDA Ireland, presenting the award to Louise Phelan, Vice President, Continental Europe, Middle East and Africa, PayPal
PayPal staff after they were presented with their award

There were celebrations at Paypal, when the Dundalk-Dublin based company scooped a major national award.

PayPal won the FDI (Foreign Direct Investment) Company of the Year award at the 2017 Business and Finance Irish Business Awards.

The award recognises the company's contribution to the economy, jobs and reputation of Ireland on the world stage, as well as to the local communities in which it operates. PayPal's EMEA Operational headquarters opened in 2003 in Dublin, followed in 2012 with the state of the art Dundalk site at Xerox Technology Park.

Between both locations there are around 2,000 employees, supporting customers in 16 languages across Europe, Middle East and Africa (EMEA) within Customer Service, Sales, Finance and Risk Operations.

The open digital payments platform gives PayPal's 210 million active account holders the ability to transact whether they are online, on a mobile device, in an app, or in person.

Through a combination of technological innovation and strategic partnerships, PayPal provides customers with the means to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid.

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