Company 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.[3][4][5]