Payments giant Mastercard opens second Dublin office

The company employs more than 2,000 in its Dublin tech hub.

Mastercard is opening a second office at its Leopardstown campus tech hub in Dublin alongside announcing a number of commitments to expand its payments infrastructure in Europe.

The new building was officially opened today (8 October) by Taoiseach Micheál Martin, TD. It comes two decades after the company first established a base in the country. Since 2008, Mastercard’s workforce has grown from 36 to more than 2,000 in Dublin.

Mastercard is also committing to expand critical payments operations in Europe, with plans to bring in all components of local transactions into Europe by 2030. It already processes domestic transactions in France, Germany and Spain through its new European infrastructure.

The payments giant also said that all new Mastercard European credit and debit cards issued from next year will support offline payments.

A number of European countries, including Finland, Sweden, Norway, Denmark and Estonia, are rolling out offline payments in the region in response to heightened geopolitical tensions in the region as banks act to ensure payment infrastructure continues to work in case of an internet blackout.

“The opening of Mastercard’s new office is a strong endorsement of Ireland’s reputation as a leading location for innovation, technology and digital transformation,” said Taoiseach Martin.

“Mastercard has played a key role in shaping the future of payments and financial technology globally, and its continued expansion in Ireland highlights the strength of our talented workforce, pro-business environment and vibrant technology ecosystem.

“I warmly welcome this investment and look forward to seeing Mastercard continue to innovate and grow from its Irish base in the years ahead.”

Ed McLaughlin, the president and chief technology officer at Mastercard added: “From AI and cybersecurity to next-generation payments infrastructure that brings greater resilience and speed to commerce, the work happening here is helping build the future.

“This expansion of our European tech hub reflects the growth of our teams in Dublin, our confidence in Ireland’s talent, and our ambitions for the years ahead.”

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