PayPal, the online payments company, today announced plans to create 100 new jobs in Dublin.

The payments company, which is owned by auction service eBay says the new posts will be in customer service and operations at its European Centre of Excellence, which is located in Blanchardstown.

PayPal already employs about 950 people at the Blanchardstown site and it says the new positions are for people fluent in English and a second European language.

Earlier this year, PayPal announced an investment of €15 million at its Dublin facility.

Vice president of PayPal's European Operations Uwe Heddendorp said the firm expects more than half of its growth over the next three years will come from outside the US. International business currently accounts for about 45 per cent of revenue, with the majority generated by the European market.

PayPal Europe operates from Luxembourg where the VAT rate is 15%  --  Europe's lowest.