10 January 2013 - OmniPay, a First Data company and global payments processor, today announced that it is to create 30 new jobs in Dublin. OmniPay is funding this growth with an investment that will primarily be used to develop and extend its global payments processing platform, which currently processes more than one billion transactions on behalf of 31 merchant acquiring banks and payment processors worldwide.
OmniPay was founded in Dublin, Ireland, in 2000 and currently employs 165 people. In April 2012 First Data, a global leader in electronic commerce and payment processing headquartered in Atlanta, Georgia, acquired the remaining equity stake in OmniPay, from FEXCO, bringing its ownership to 100 percent. First Data has had an equity investment in OmniPay since 2002 and took a majority equity interest in the company in August 2006.
The best-performing markets for OmniPay are Europe, North America and Asia Pacific, with the investment seeing further development of OmniPay’s services to Asia Pacific, Latin America, Africa and India. As a result a wide range of highly-skilled technology, customer service and professional services roles are being created, including project managers, business analysts, systems developers and quality assurance specialists.
Minister for Jobs, Enterprise and Innovation, Richard Bruton TD,said: “International financial services is a sector targeted under the Government’s Action Plan for Jobs, and we believe that with the correct supports we can drive the creation of 10,000 additional jobs by 2016. Today’s announcement that OmniPay, an innovative company in this sector, is creating an additional 30 jobs in Ireland adds to a growing list of positive financial services announcements in recent months. I am determined to ensure that, by putting in place the right supports and through an intensive programme of trade and investment missions, we can build on this and create the jobs we need”.
Hubert O’Donoghue, CEO and co-founder of OmniPay, commented: “This announcement is not only great news for OmniPay, but also for the burgeoning payments industry in Ireland. It’s exciting that we are adding more high quality roles into our business and the local industry. OmniPay delivers one of the world’s largest single global payments infrastructure, managing more than a billion payments annually. Each new hire will be joining a business that is perfectly positioned for sustained international growth.”
Barry O’Leary, CEO, IDA Ireland, added: “Ireland is rapidly becoming one of the world’s leading locations for companies in the payment’s industry. Companies in the payments industry locate here to gain access to our technological infrastructure as well as our talented graduates. The growing number of payment’s companies locating in Ireland comes as a result of the IDA’s strategy to focus on targeting particular industries and creating “clusters”. I would like to wish OmniPay every success and offer the ongoing support of IDA Ireland.’’
Source: IDA Ireland