Minister Richard Bruton

Minister for Jobs, Enterprise and Innovation, Richard Bruton, has announced YapStone International Ltd, a leading provider of Web and mobile payment solutions and processing for targeted vertical markets, will create 120 jobs at their new EMEA headquarters in Drogheda.

The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA (Industrial Development Agency) Ireland.

The announcement was made today in California, where Minister Bruton and IDA Chief Executive, Barry O'Leary, are meeting with YapStone founders, Matthew Golis and Tom Villante. The announcement forms part of a week-long program of events with current and prospective IDA clients in Seattle, San Francisco, Silicon Valley and Los Angeles.

"A key part of the government's plans for jobs and growth is to attract more multinational companies to Ireland, and e-commerce and payments technology offers particular potential for employment creation. YapStone is a market leader in this sector and a fast-growing company, and their decision to locate in Ireland for the first time, to establish their EMEA headquarters in Drogheda with the creation of 120 jobs, is great news for the North East and for the country," Richard Bruton said.

Yapstone is a leading, global provider of Web and mobile payment solutions for targeted vertical markets, including vacation rentals, apartment rentals, commercial real estate, self-storage and non-profits.

Some of YapStone's most popular products include:

VacationRentPayment - The largest electronic payments processor to the vacation rental industry, with more than 1,300 vacation rental management companies globally, including VRBO and HomeAway.

RentPayment - Trusted with billions of dollars in annual transactions, YapStone serves more than 3 million apartment units in the U.S. with a platform that enables thousands of property management companies to accept credit cards, debit cards and electronic checks online or via mobile phone.

ParishPay - The industry leader in processing online donations for faith-based and other non-profit organisations, ParishPay has helped its clients raise more than $300 million in online donations.

YapStone International's new headquarters will provide employment opportunities in the areas of customer support, research and development, software engineering, finance and accounting. Recruitment for these positions will begin immediately - interested applicants can apply at www.holidayrentpayment.co.uk/company/careers.html.