PayPal Creates 400 New Jobs In Dundalk

PayPal has announced the creation of another 400 jobs in Dundalk.

Thee jobs will be based at the eBay Inc. European Operations Centre and are in addition to the 1,000 PayPal positions announced in 2012.

This will bring the combined PayPal and eBay employee numbers in Dundalk to 1,850 by 2018. The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

PayPal is a world leader in online and mobile payments, making it easier, more secure and more intuitive for people to pay – wherever and whenever they want. Its centres in Dublin and Dundalk manage 60 million active accounts in Europe, the Middle East and Africa.

The 400 jobs announced today will be filled by 2018, bringing PayPal's total Irish workforce to 2,900.

PayPal's growth in Ireland is being fuelled by the increasing number of businesses and consumers who choose PayPal to trade and shop online. Six million of its 148 million active accounts globally were added in the first three months of 2014 alone.

Louise Phelan, Vice President of Global Operations for Europe, Middle East and Africa for PayPal said: "This is great news for Dundalk and the North East region. Dundalk is a very important site in our global operations for supporting our customers. We are already ahead of schedule in recruiting our first 1,000 teammates, thanks to our continued expansion, together with the high-calibre people we have already employed.

"PayPal is an exciting and dynamic place to work, where talented people can build lasting careers. We are transforming the payments world by creating new, faster and more secure ways for people and businesses to pay and get paid online, on mobile and increasingly in-store. Our new teammates will be shaping the future of commerce.

"We have been delighted to be able to make a very positive impact on the lives of so many people in the area, both through our community activities and by virtue of the jobs we create, which have taken so many unemployed people off the local live register. In addition, we know that almost 1,000 indirect ‘spin-off’ jobs in other local businesses will be created as a result of PayPal’s investment in Dundalk."

(CD/IT)