Card payment service provider Evo Payments is pumping €9.1m into its Irish operations, creating 50 jobs at its Dún Laoghaire HQ.
Expecting to fill 50 positions by the end of 2017, Evo Payments’ expansion in Ireland will be quick.
As part of an overall €9.1m investment, the payments company will fill roles across sales and marketing, customer support and administration areas, all based out of Dún Laoghaire.
The 50 positions will bring its Irish workforce to 120, representing just a small slice of Evo’s 2,000-strong workforce globally, with the Irish arm of the company’s operation to be known as BOI Payment Acceptance (BOIPA).
Calling it a great success story, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, TD, said the company’s partnership with Bank of Ireland will prove crucial.
Evo established a presence here in 2014 and works in partnership with Bank of Ireland in providing card point of sale and online payment solutions for Irish SME and corporate businesses.
“The alliance between Evo Payments International and Bank of Ireland brings together a world-leading international payments technology company and a major Irish financial institution, and the result is a great win for Ireland,” said Mitchell O’Connor.
“I am confident the company will get the required skills from our talented workforce, and I look forward to the business going from strength to strength in the future.”
Total debit card spend in Ireland is more than €40bn, according to Mitchell O’Connor’s department, with an additional €13bn spent online. Card spend is rising 20pc per year.
“We’re delighted to announce our additional investment and expansion in Ireland today,” said Brian Cleary, MD of BOIPA in Ireland and the UK.
“We’ve experienced rapid growth here over the past two years, driven mostly by the increasing use of card payments by Irish consumers, the adoption of new card payment technologies by Irish businesses to meet that demand, and a growing Irish economy.
“Our additional investment reinforces our commitment to rapidly expanding our presence in both the Irish and UK markets and will ensure we are well positioned to meet the demand for new and innovative payment solutions among consumers and businesses in Ireland,” he said.
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