ONLINE PAYMENTS COMPANY Realex announced plans today to create 50 new jobs as it opened a new Dublin office.
The company, which already employs 120 people said today it plans to accelerate expansion in the Irish and international markets.
Speaking at the opening of the new office on Sir John Rogerson’s Quay, Taoiseach Enda Kenny welcomed the announcement and said the government was focused on making Ireland “the best small country in the world for business”.
“Realex Payments exemplifies the type of company that will be central to the recovery of our economy,” he said. “It is a company that is at the forefront of innovation, opening new markets, increasing export sales across the globe, and securing economic growth and jobs here at home.”
CEO of Realex Payments Colm Lyon said the company is delighted to be “in Dublin’s Silicon Docks, as this area has become known” and has several major projects under development as well as plans to expand further overseas.
Speaking to TheJournal.ie, Lyon would like to see the staff of indigenous Irish companies benefit more than they currently do:
With the share options the way they are at the moment, whereby people have to pay tax before they earn any income off those options, I think that puts us at a disadvantage when trying to recruit staff into Realex. We need to find a way to give share options without the tax disincentive which is there at the moment, which really doesn’t make them usable.
The new roles are across a number of areas including IT, product management, business development and customer operations. The majority of these full time positions will be based in the company’s new offices on Sir John Rogerson’s Quay.
Additional reporting by Paul Hyland.