| Type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1999 in Dublin, Ireland |
| Founders |
|
| Defunct | 2009-01-05 |
| Fate | Acquired on January 5, 2009 |
| Headquarters | Dublin , Ireland |
| Owners | HgCapital |
Number of employees | 50 (2009) |
Orbiscom was an electronic payments company based in Dublin, Ireland.1 Orbiscom developed Controlled Payment Number technology to generate transaction-unique numbers for credit cards, preventing fraud by masking the original card number.2 The company was founded in 1999 by Graham O'Donnell and Ian Flitcroft. In 2009, Orbiscom was acquired by Mastercard for €72.4 million and became a wholly owned subsidiary still trading under the Orbiscom name.345
References
References
- "Orbiscom raises $17.5m funding". Independent.ie. Retrieved 21 December 2018.
- silicon (3 April 2003). "Orbiscom in credit card payments pact with HP - Enterprise | siliconrepublic.com - Ireland's Technology News Service". Silicon Republic. Retrieved 21 December 2018.
- Collins, John. "MasterCard pays $100m to acquire Irish-based Orbiscom". The Irish Times. Retrieved 21 December 2018.
- Arnold, Martin (5 January 2009). "MasterCard acquires Orbiscom". Financial Times. Retrieved 21 December 2018.
- "UPDATE 2-MasterCard acquires software provider Orbiscom". Reuters. 5 January 2009. Retrieved 21 December 2018.