Industry News

DIMOCO Merges Payment Entities Under DIMOCO Payments

Published

3 years ago

April 4, 2022

Niji Narayan

Reading Time: < 1 minute

DIMOCO has announced the merger of DIMOCO Payment Services and DIMOCO Carrier Billing. These will operate as a licensed payment institute under DIMOCO Payments.

As from 1 April 2022, DIMOCO Payment Services GmbH has been merged into DIMOCO Carrier Billing GmbH and as a result, the name has been changed to DIMOCO Payments GmbH. The company is a regulated payment company and holds a payment service license from the Austrian Financial Market Authority (FMA).

The significant synergy opportunities of bundling payment expertise of both DIMOCO entities, namely those of a carrier billing vendor and a payment service provider, enables DIMOCO to secure its future as a leading payment company.

One single DIMOCO contract now connects merchants to over 100 payment methods, including credit cards and carrier billing, for advanced eCommerce and mCommerce.

Ulrike Baumgartner and Loukas Louka will continue to act as Managing Directors of DIMOCO Payments.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.