Mastercard is considering further expansion at the Sandyford campus

The payments company officially opened its new One South County campus developed by former Trintech founder Cyril McGuire.

However, executives said so Irish Independent that talks are already being held to rent further areas in the business park.

While the adjacent 9,700-square-foot Two South County building currently under construction has already committed, it will now also consider renting the 4,200-square-foot Three South County building next door.

“The reason we’re so excited is that this is where the best things in the world are made,” said Ed McLaughlin, Mastercard’s global president of operations and technology Irish Independent.

“That’s why we moved here [new] building, so we’ll take the next building, and that’s why we might take the next building. We do things that resonate around the world and the heart of that technique comes from Dublin.”

Mastercard’s move follows a strong week of expansion among Dublin’s larger tech multinationals. Earlier this week, enterprise software company Workday, which employs 1,700 people here, announced that it plans to hire an additional 1,000 people in Dublin to comprehensively improve its existing operations. The move is part of Workday’s plans to build its new European headquarters in Grangegorman, Dublin 7.

Meanwhile, Chinese-owned social networking company TikTok announced that its €600 million data center project in Ireland is ready to go ahead and deepen the company’s operations in Ireland. TikTok now employs nearly 2,000 people in Dublin and is expected to continue to expand over the next 18 months.

Mr McLaughlin said Mastercard’s European Technology Centre, which will be based in the new buildings, will develop “cutting-edge new payment technologies” that will affect billions of people.

These include payment security, blockchain quantum computing applications, APIs, and accelerator-style sponsorship of emerging technology talent.

He also said the company’s Irish hub will continue to work “closely” with large emerging payments companies like Stripe.

That’s according to Ken Moore, Mastercard’s chief innovation officer Irish Independent that part of the company’s work focuses on the development of blockchain and cryptocurrency payment options.

“We’ve been in blockchain for five or six years,” he said. “We have several applications running on it and we work with over 60 crypto programs. We are also working with governments around the world to introduce digital currencies issued by central banks, like having a digital version of the euro or dollar in your pocket.”

Mastercard’s vice president and head of the company’s European technology center in Dublin, Sarah Cunningham, said the company hopes to hire employees because of the flexibility and “lifestyle” options it offers on campus, including a “strong focus on sustainability.”