News & Events

EML Payments Limited to establish Technology & Innovation Hub in Galway, creating 20 jobs

March 14th 2019 – Brisbane, Australia. EML Payments Limited (ASX: EML) (“EML”) today announced it is expanding its operation in Galway with the establishment of a Technology & Innovation Hub in Galway, employing 20 people.

The investment is supported by the Irish Government through IDA Ireland.

The Australian company provides prepaid payment services in Australia, Europe and North America, issuing mobile, virtual and physical card solutions for pay-outs, gifts, incentives and rewards as well as supplier payments. The company has an established sales and marketing operation in Wicklow.

EML also offers supplier enablement, payment execution, programme management and other services.

EML Managing Director & Group CEO Tom Cregan said: “The acquisition of Perfectcard DAC in July, which has led to the establishment of a Technology & Innovation Hub in Galway is very exciting for EML. Having an Irish eMoney license allows EML to self-issue regulated payment products across the European Union without the need for external third-party BIN (Bank Identification Number) sponsors, which provides our customers with greater regulatory certainty. The Acquisition also expands our product capability, enabling EML to become an Issuer, payment processor and program manager across the European Union. Perfectcard provides EML with an excellent corporate expense and corporate incentive solution that we can grow in our existing geographies.”

Minister Heather Humphreys, who is undertaking a trade and investment mission in Australia at present, welcomed the announcement, saying “This expansion is a great vote of confidence in Galway and, in particular, the highly skilled local workforce. The Irish Government has worked hard to ensure that we have the best possible conditions in place to encourage investments like this and I am delighted to see EML once again recognising this through their expansion. I would like to warmly congratulate the company on this wonderful achievement and wish them the very best in the exciting chapter ahead.”

IDA Ireland’s Executive Director Mary Buckley, who met the company in Australia, also welcomed the news, saying “This investment strengthens Ireland’s network in Australia with their presence in Galway and Wicklow. As a strong presence in the FinTech sector, this new investment by the company will act as an excellent reference sell for the Financial Services, FinTech and Software Development sectors. I wish the company every success with their new Technology & Innovation Hub in Galway.”

About EML Payments Limited

With EML, you will be empowered with more control, transparency and flexibility over your payment processes. Whether you serve businesses or consumers, EML makes your payment processing more efficient and secure from start to finish, while helping you improve customer service and increase brand loyalty.
Our portfolio offers innovative financial technology that provide solutions for payouts, gifts, incentives and rewards, and supplier payments. We issue mobile, virtual and physical card solutions to some of the largest corporate brands around the world, processing billions of dollars in payments each year, and manage more than 1,200 programs across 21 countries in North America, Europe and Australia.

For more information on EML Payments Limited, visit:

In 2018 EML Payments acquired the majority shareholding of PerfectCard Designated Activity Company (PerfectCard DAC), an Irish company founded in 2006. PerfectCard DAC is a specialist provider of prepaid debit card solutions which, in 2015, became the first company to be awarded an eMoney licence from the Central Bank of Ireland, making it, along with Facebook, one of only two companies to hold an Irish eMoney licence.


Richard Anderson, Group Chief Marketing Officer
EML Payments Limited (ASX: EML), +61458011203

Ellen Lynch, Regional Communications, Press & PR Executive
IDA Ireland + 353 87 4112084