Financial Service giant MasterCard has announced plans to stiffen its footprint in Ireland by hiring 175 new technology developers at its facility in Leopardstown, Dublin. The company will hire software developers, blockchain experts and cloud infrastructure specialists, data scientists, analysts, project managers, information security experts and product designers.
Thanks to Ireland’s favorable government policies towards cryptocurrency, MasterCard’s decision to bolster their footprints in the country was prudent. According to Heather Humphreys, Ireland’s Minister for Business, Enterprise and Innovation, the country has turned into “a very attractive location for international fintech and payment companies.”
“The Government has been working hard to ensure that we have the right conditions in place to attract the knowledge-based sectors to Ireland, in particular, a skilled workforce that can fill the needs of companies like MasterCard. Ireland is now a very attractive location for international Fintech and payment companies from all over the world and announcements like this one today illustrate that our policies are continuing to deliver tangible results,” she added.
Back in March, MasterCard had stated that they were open to accepting transactions using state-issued digital currencies such as Venezuela’s Petro, Venezuela very own cryptocurrency backed by mineral and oil reserves. In addition, in 2016, the company filed for a patent for using Blockchain technology to make instant credit card payments on their platform.