CHARLOTTE, N.C. – Governor Pat McCrory announced Friday that PayPal, Inc. will open a 400-job global operations center in Charlotte.
The technology platform will invest over $3.6 million in Mecklenburg County by the end of 2017.
“North Carolina is the ideal destination for innovation-based, worldwide companies like PayPal,” said Governor McCrory. “Today’s announcement means that we can add another prominent name to the state’s growing list of technology businesses with major operations here.”
PayPal’s Charlotte operations center will engage a diverse set of employees including customer service, risk operations, engineering and technology and other staff. The center will yield a payroll impact of nearly $20.4 million per year for Mecklenburg and surrounding counties.
“We are excited and eager to join the Charlotte business community,” said John McCabe, Senior Vice President of Global Operations at PayPal. “With its strong ties to the financial community and technology savvy talent pool, Charlotte is an ideal fit for this new operations center. This new site marks an exciting opportunity for PayPal as we continue to serve our customers, both merchants and consumers and support them in using PayPal as a payments platform to shop, sell, send money or even donate to worthy causes.”