EVO Payments International to Create 50 Jobs as Part of €9.1 Million Investment
Card payment service provider EVO Payments International plans to open a new Irish headquarters and create 50 new jobs as part of a €9.1 million investment in the Irish market, the Department of Jobs, Enterprise and Innovation reported on Friday.
The new full-time positions, spanning sales and marketing, customer support and administration, will be based in the company’s new head office in Dun Laoghaire, Co Dublin.
EVO has begun recruiting for the new positions and expects to fill all roles this year. With extensive operations in North America and Europe, EVO employs over 2,000 professionals already.
“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,” Managing Director of BOI Payment Acceptance Ireland and UK Brian Cleary said. “Equally, our strategic partnership with Bank of Ireland means we continue to deliver for more Irish businesses and consumers. With over six million debit and credit cards in the market, debit card spend on the increase year-on-year and with over 35,000 Irish businesses offering contactless payment facilities, this number continues to grow. 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.”
Operating under the BOI Payment Acceptance (BOIPA) brand name in Ireland, EVO established a presence here in 2014 and works in partnership with Bank of Ireland in providing innovative card point of sale and online payment solutions for Irish SME and corporate businesses.
The company has played a central role in the accelerated growth of card and contactless payment adoption in the Irish market. In just two years, the company has grown from five to 70 people. The addition of 50 new people will bring the Irish workforce to 120 people in 2017.
“This is a great success story with a further 50 jobs being announced today,” said Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor. “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. 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.”
Debit card spend in Ireland last year was over €30 billion, a 20 per cent increase year-on-year. Total card spend in Ireland is over €40 billion with an additional €13 billion spent online.
Congratulating the company on its expansion, Martin Shanahan, CEO, IDA Ireland said: “Ireland is well positioned as a ‘payments’ hub within Europe and today’s expansion by EVO Payments International further strengthens this. There are huge opportunities for growth in this area as consumers continue to embrace technology in their daily lives. IDA Ireland is focussed on winning more business in this area in the coming months.”