Mastercard has opened a second office building, Two South County, at its Leopardstown campus in Dublin, expanding its European Tech Hub. The expansion deepens the US payments company’s nearly 20-year Irish presence, with more than 2,000 technologists now building the products behind everyday payments.

Mastercard established its Irish operations in 2008 with 36 employees. Dublin teams helped develop the tokenisation platform that powers wallet payments and now work on agentic commerce, quantum-resilient payments, digital security and network resilience.

The structural driver is the resilience of European payments infrastructure. Mastercard has started processing domestic transactions in France, Germany and Spain through new European infrastructure, with more countries to follow from next year and all components of local transactions brought into Europe by 2030.

From next year, all new Mastercard credit and debit cards issued in Europe, and new payment terminals powered by its acquiring partners at essential retailers such as supermarkets and petrol stations, will have to support offline payments. People will be able to keep buying essentials during internet outages and power cuts.

“Europe has always been a driving force in payments innovation and Dublin sits at the heart of that story for Mastercard,” said Ed McLaughlin, President and Chief Technology Officer at Mastercard. “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.”

“The technology developed in Dublin is helping solve real challenges for people and businesses across Europe and around the world,” said Kelly Devine, President, Mastercard Europe. “This expansion underlines our focus on turning innovation into secure, resilient payment experiences that customers can rely on.”

Mastercard is headquartered in Purchase, New York, and trades on the New York Stock Exchange under the ticker MA, reporting net revenue of US32.8billion(approximately€27.6billion)andnetincomeofUS15.0 billion (approximately €12.6 billion) in its full year 2025 results.

For the sector, the expansion reflects payment networks localising infrastructure in Europe while building resilience features that protect everyday customer transactions.

Source: IDA Ireland / Mastercard