PayPal Holdings

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PayPal cuts Irish jobs as growth slows at online payments company

Last Tuesday, digital payments giant PayPal announced it was chopping over 307 jobs at its Irish operations, with 172 jobs to go in Dundalk and another 135 to go at Blanchardstown in Dublin.

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Clearco cuts roles in Ireland weeks after 125 new jobs announced

International e-commerce funding firm Clearco, an IDA client company which made a high profile announcement in March for plans to hire 125 employees in Ireland, has cut jobs here in recent weeks due to mounting global economic challenges.

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The Founders: Flattering take on the ‘PayPal mafia’ who conquered the tech world

This book might not have existed without a picture; a Sopranos- styled group shot of PayPal’s staff, taken for Fortune magazine in 2007, that gave the world the term “PayPal mafia”. It includes company alumni Max Levchin, PayPal’s founder and chief technology officer; Jawed Karim and Steve Chen, co-founders of YouTube; Reid Hoffman, founder of LinkedIn; Jeremy Stoppelman and Russel Simmons, co-founders of Yelp; and, centre-stage, presumably the Tony of this operation, Peter Thiel (Elon Musk is absent, citing a scheduling conflict).

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Wicklow shoppers are Ireland’s biggest online spenders

Shoppers on Irish websites spent on average 40pc more last year than in 2020 as the total value of purchases rose to €503 from €357 per person, according to Paypal’s Retail Trends & Spends Study.

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PayPal to invest in crypto support

Payments giant PayPal has started putting together a small team in Ireland to help support its foray into cryptocurrencies.

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‘Yippay’ is name for banks’ planned new app service

A new payments app being set up by the banks here to rival disruptors such as Revolut will be called Yippay, the Irish Independent has learned.

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Big banks are abusing their power with plans for payments app, competitors say

Attempts by the main banks to set up an instant payments system are being met with high-level opposition.

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Paypal confirm 131 jobs threatened by relocation

The news that up to 131 roles could be lost at Paypal's operations in Dublin and Dundalk emerged in the last week.

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Dundalk could become region's 'Kilkenny of the north'

The €7.4 million investment in St. Nicholas Quarter could set Dundalk on it's way to becoming 'the Kilkenny of the North East' according to the local lobby group who are celebrating the multi million euro award for the Bridge Street and Linenhall street area.

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Married couple face trial after allegedly providing ‘dodgy box’ streaming service

A MARRIED couple face trial after allegedly providing an illegal TV streaming service in Dublin and Meath through the use of “dodgy boxes".

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SalesOptimize raises €2m and targets taking on 30 new employees this year

Dublin-based market intelligence company, SalesOptimize, which was set up by a former PayPal executive, has just raised €2m and plans to hire 30 people this year.

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DkIT cements links with Fintech

Dundalk Institute of Technology (DkIT) has signed a Memorandum Of Understanding (MOU) with the industry led regional cluster initiative, The Fintech Corridor (formerly known as the M1 Payments Corridor).

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The writing is on the wall

An exciting new arts initiative which gets underway this month will see some of the country's top sign writers immortalising quintessential Dundalk sayings on shutters, gable gateways and alleyways around the town.

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Paypal launch new contactless system

Dundalk based PayPal are helping shoppers adapt to the 'contactless' system preferred during the Covid-19 pandemic, with 'QR Codes' to buy and sell.

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PayPal app offers contact-free cash for virus-era sales

ONLINE payments firm PayPal has launched contact-free payment using QR codes, a mobile phone-based technology giving retailers and customers a new way to keep their distance at the tills.

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PayPal cutting staff at Dundalk operations as it undergoes restructuring

Paypal has confirmed that it is laying off staff at its operations in Dundalk and Dublin but didn't give an indication as to the numbers involved.

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PayPal to shed 20 jobs in Dublin and Dundalk in restructure

PAYPAL is cutting about 20 staff in Dublin and Dundalk "to enhance the way we operate", the online payments giant said yesterday.

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PayPal to lay off around 20 staff in Ireland

PayPal is laying off around 20 staff in Dublin and Dundalk as part of what it called “small-scale restructuring,” the global online payments giant confirmed Friday.

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PayPal reaffirm its future in Dundalk

The US multi national firm PayPal has moved to reaffirm its commitment to Dundalk, after concerns were raised in recent weeks.

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PayPal vice-president Phelan stepping down

Louise Phelan, one of the country’s leading businesswomen, is stepping down from her role as vice-president of PayPal.

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PayPal offers Irish customers new way to share bills or fundraise together

PayPal Holdings, the global online payments company, is extending Money Pools - its online community savings product - to Irish consumers.

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Redundancy costs hit profits at Paypal

Redundancy costs of €4.8m contributed to pre-tax profits at the main Irish arm of online payments firm Paypal last year slumping 36pc to €6.49m.

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Major award for Paypal as leading FDI company

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

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Stripe's mobile technology may sound death knell for PayPal

Mobile payments are having a heyday. Apple Pay has been splashed across the news and 20-somethings are paying for taxis with their smartphones. Yet one stalwart risks being left out of the conversation: PayPal.