Incorporated: 17 February 2017
Headquarters: 70 Sir John Rogerson’s Quay, Dublin 2, Ireland
Ownership & Structure
Google Payment Ireland Ltd. is a wholly owned subsidiary of Google Ireland Ltd. and forms part of Alphabet Inc.’s financial services infrastructure. It is managed by directors with experience in payment compliance, treasury operations, and European financial regulation.
Services and Strategic Role
This company is licensed by the Central Bank of Ireland as an Electronic Money Institution under PSD2 (the revised EU Payment Services Directive). It is responsible for processing transactions and issuing e-money for services such as Google Ads, Google Play purchases, Google Workspace subscriptions, and YouTube Premium billing across Europe.
Financial Performance
As a payment facilitator, Google Payment Ireland Ltd. operates at low profit margins with most income earned through processing fees. It does not publish consolidated financials, as its turnover is attributed to Google Ireland Ltd.
Regulatory & Governance
Fully regulated by the Central Bank of Ireland, the company undergoes regular compliance audits and satisfies European reporting requirements for electronic money institutions.