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MASTERCARD SAYS IT will hire 175 people in Dublin with the expansion of its headquarters in Leopardstown.
The jobs will be in research and development as the company is developing software for cashless transactions.
Recruitment for the new positions is due to start immediately.
The global payments company already employees 380 staff in Ireland.
The Leopardstown office is the global headquarters of Mastercard Labs – the company’s research and development arm – which is dedicated to bringing innovative payment solutions to market at speed.
The office is also the hub of Mastercard’s business in Ireland, working with banks and credit card issuers to deliver payment services to consumers and businesses across Ireland.
The creation of these new jobs follows Mastercard’s recent announcement that it would bring its digital and physical payment teams under one organisation.
Key technology hub
Ken Moore, executive vice president and head of Mastercard Labs said: “Ireland is the heart of our global innovation efforts – throughout Mastercard, Dublin is admired as a key technology hub – we’re looking to replicate the innovation culture we’ve fostered here in our offices around the world. The vibrant culture we have here makes it the perfect place to recruit for these highly-skilled roles.
We need great minds who can look outside of Mastercard’s traditional payments expertise and create solutions to benefit our customers around the world, and I’m excited to grow our business here.
Minister for Business, Enterprise and Innovation, Heather Humphreys said, “Ireland is now a very attractive location for international FinTech and payment companies from all over the world and announcements like this one today illustrate that our policies are continuing to deliver tangible results.”
Mastercard has taken on more space at its Mountainview headquarters in Leopardstown and has signed a lease until 2026, to accommodate growing numbers of staff. Since the opening of its Irish office in 2008, the number of people employed by Mastercard in Dublin has increased by 880%.
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Great news, but I’m sure there will be the usually spewing of negativity from those determined to make Ireland a welfare state.
@MK76: yep. the “what-about-the-homeless revolutionary army”
Whos gonna take the credit?
I would love to hear that there are companies opening up anywhere outside Dublin just for once .
@Donal Carey: Like Apple in Athenry?
@MK76: Or maybe their European HQ in Cork?
@Pat Bateman: Is Apple opening a “need HQ in Cork.
@Niallers: “new”
@Donal Carey: or bulmers, glenpatrick spring, abbot vascular, Boston scientific, suir Pharma, MSD or Pinewood healthcare in Clonmel?
@Niallers: already open
@Donal Carey: https://www.rte.ie/news/connacht/2018/0410/953372-sligo-software-jobs/ …. 50 jobs to be created at new Sligo innovation centre
@Donal Carey: There are a load they just don’t get reported on.
Jaguar just opened a 200 person operation in Shannon to build software for driverless cars.
Johnson and Johnson are hiring 100 biomedical graduates in Limerick.
Northern Trust are expanding by 150 in Limerick too.
Cost of office space is driving companies out of Dublin big time.
Great news for Ireland. These are more high quality, highly paid jobs. We need to make sure we are producing the graduates to fill these jobs and continue this positive momentum.
@Nick Allen:
Haha!
Keep your debit card, cut up your credit card!
@Niall Judge: or just don’t spend what you don’t have
@Niall Judge:
Credit cards are great to have when used properly, I wouldn’t be without one.
@Niall Judge: Soundest financial advice ever.
Donal Carey,
I fully agree , and that will see a drop in housing requirements, in the Dublin area,
no improvement on the jobs front in the rural countryside, shops closing in small towns and villages are being deserted.
@conriel: The locals not buying in local shops and reducing the amount of people required in farming is to blame. They are doing it to themselves not people in Dublin. The younger generation choose not to live there more than are “forced” to leave. They are studying for jobs they want and aren’t around where they grew up.
@Kal Ipers: I coudn’t agree more. I am from rural Ireland and I love my local area. However, I am sick to the back teeth of the nostalgic myths about rural Ireland
Priceless
I had considered applying for a job at Mastercard but my conscience prohibits me from engaging in financial extortion of my fellow man.
My soul is more important than my bank balance.
@Sebastian Wilson: Not sure if your smug self righteousness or your shallow rhetoric is more nauseating.
@Sebastian Wilson: In what way is it extortion?
@Sebastian Wilson:
Good idea that you didn’t apply then, your lack of understanding of the company would no doubt have caused you to fail an interview. Mastercard is not a credit card company, it is a technology company. Mastercard does not provide any credit facilities or change interest to card holders, it simply provides infrastructure for banks to communicate with each other and with merchants. It is the banks that provide the credit facilities
@Nick Allen: All true but if he has a problem with credit card interest rates MasterCard are part of that system. It would be like saying drug traffickers aren’t the problem but the dealers are so you have no problem working with traffickers. Personally I think credit cards are fine but he is entitled to his view. In saying that I was disgusted when a friend started working for Wonga
@Kal Ipers: he was wong to do that
Where will you house them? Ah let me guess. In apts for €1500 / mth. Keep the recovery going.
@Greg Gumble: When jobs are created do you think the people suddenly pop into existence? They setup where there is a population to fill the jobs.
@Greg Gumble: There is a possibility that they already own homes…
@ Kal Ipers, I dont blame the people in Dublin, However this is a small country and we have built motors ways and improved the rail network yet 99% of the jobs created endup in the Capital area, thus creating an out of control problem surely it would make sense to at least try to move jobs elsewhere in the country to help elevate the housing issue somewhat and the ease the travel chaos in the mornings !!
Lets be fair the cost and availability of housing is not going to improve anytime shortly! So is it a case of, It.s still better to be in Dublin that anywhere else in the country no matter what!
@conriel: As a company why would you do that? People want to live in cities, have better public transport, more social and cultural activities. These cannot be found down the country. No expat worker coming to work in Ireland wants to work in Athlone, Donegal, Kerry, they want to live and work in a city with every convenience.
Companies therefore set up in the city where people want to be. No point setting up down in the middle of nowhere and then struggle to attract employees.
@conriel: First off the jobs are not created in Dublin alone so no need to exaggerate. That have created jobs outside as pointed out in comments here. The idea of build it and they will comes is just nonsense. I don’t know anybody who is going to pin their hopes on one company to move to a rural area that would leave them stuck and unemployed if that company closed. Companies go with the population
@Joe I see your point , but it must be said you will have to put up with a lot of grief to have all those cultural activities better PT and the Mortgage of course for 50 plus years
Don’t agree with the point companies struggling to get employees, in the rural areas, I can tell you that from experience.
Fantastic to see proper Software R&D being set up in Ireland. So much of what Facebook and Google do here is ‘Customer Support’, it’s enlightening to actually get real product teams in Ireland.
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