Orbiscom

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.[3][4][5]

Orbiscom Limited
Private
IndustryFinancial services
FateAcquired on January 5, 2009
Founded1999 in Dublin, Ireland
Founders
  • Graham O'Donnell
  • Ian Flitcroft
Defunct2009-01-05
Headquarters
Dublin
,
Ireland
OwnersHgCapital
Number of employees
50 (2009)

References
  1. "Orbiscom raises $17.5m funding". Independent.ie. Retrieved 2018-12-21.
  2. silicon (2003-04-03). "Orbiscom in credit card payments pact with HP - Enterprise | siliconrepublic.com - Ireland's Technology News Service". Silicon Republic. Retrieved 2018-12-21.
  3. Collins, John. "MasterCard pays $100m to acquire Irish-based Orbiscom". The Irish Times. Retrieved 2018-12-21.
  4. Arnold, Martin (2009-01-05). "MasterCard acquires Orbiscom". Financial Times. Retrieved 2018-12-21.
  5. "UPDATE 2-MasterCard acquires software provider Orbiscom". Reuters. 2009-01-05. Retrieved 2018-12-21.
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