Mastercard to create 175 jobs in Ireland
Company looking to increase workforce to more than 550 at Leopardstown facility
Mastercard, which employs more than 200 people at its research and development centre in Dublin, is to create 175 new tech jobs in Ireland as it looks to bring more digital payment solutions to market.
The company said it has new roles for software engineers, blockchain specialists, data scientists, project managers, analysts, product designers, cloud infrastructure specialists and information security experts.
The payments giant employs about 380 people in total at its facility in Leopardstown, the global headquarters of its R&D arm Mastercard Labs.
The lab is focused on digital payment solutions, such as the QKR app, which is used by Wagamama, Zizzi and Ask Italian in the UK.
The lab is also looking at virtual and augmented reality experiences, and at chatbots that can help consumers book flights or order takeaways without leaving messaging apps.
In addition, teams at the centre are exploring a range of blockchain solutions, as well as using artificial intelligence to help secure payments.
Mastercard Labs opened in Dublin in 2012, although the operator of the world’s second-largest payments network has had a base in Ireland since late 2008 following its $100 million (€81 million) acquisition of Irish firm Orbiscom.
In addition to the R&D work undertaken locally, Mastercard’s Leopardstown office is also home to the company’s main business in Ireland, which is working with banks and credit card issuers to deliver payment services to consumers and businesses.
Mastercard said it has taken on more space at its Mountainview headquarters and has signed a lease until 2026, to accommodate growing numbers of staff.
The jobs announcement, which was made by Minister for Business, Enterprise and Innovation Heather Humphries, comes just two months after the payments company announced a major restructuring to coincide with the departure of Garry Lyons, who set up Mastercard Labs here in 2012.
Mastercard said in early February it planned to merge its digital and physical payments team under one organisation following Mr Lyons’ departure.
While Lyons, who previously led Orbiscom, has left to establish a new venture, he is staying on as an advisor to Mastercard and his new company will be providing services to his former employer.
Mastercard has taken on more space at its Mountainview headquarters