PayPal to create 200 jobs in Dublin

Global online payments firm PayPal is to create another 200 jobs at its European headquarters in Blanchardstown, Dublin.

PayPal, which allows customers to send money online without sharing financial information, opened its first office Dublin in 2003. Over the last eight years, staff numbers have increased from 25 to more than 1,350.

In 2009, the company secured a €15 million IDA investment to open its European centre of excellence in Blanchardstown.

The new roles announced today include 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. We have gone from strength to strength since the official opening of our centre of excellence here in Blanchardstown two years ago," said Louise Phelan, senior director for global customer services and EU merchant services at PayPal's European operations.

Minister for Jobs Richard Bruton welcomed the announcement. "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."

IDA Ireland chief executive Barry O'Leary 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.

Minister for Transport Leo Varadkar 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," the Dublin West TD added.

PayPal, which is owned by eBay, has more than 100 million active accounts in 190 markets worldwide.

The company reported $1.073 billion in second-quarter net revenue last month, up 31 per cent from a year earlier. It is the first time PayPal has generated more than $1 billion in quarterly revenue.

More information about these positions can found at paypaljobsireland.com