DIMOCO inducted into associate membership of both European Lotteries and World Lottery Association

DIMOCO today announces its seal of approval from both European Lottery Association (EL) and World Lottery Association (WLA) for the provision of payment services to the world’s lotteries.

DIMOCO has a firm foothold in many industries, such as online entertainment, dating, and gaming. These highly regulated markets, together with its payment service license from the Austrian Financial Market Authority (FMA), have equipped DIMOCO with particular expertise in ID and age verification, especially suited for lotteries.

“Acceptance by both EL and WLA is a validation of DIMOCO’s quality and a seal of approval for all lotteries regarding payment services provided by DIMOCO Carrier Billing,” said Gerald Tauchner, DIMOCO President and CEO. “We are very proud to have become a member of this very select circle.”

Whilst the WLA has already formally announced the acceptance of DIMOCO as an associate member, the EL General Assembly is expected to do so in May 2019.

Direct Carrier Billing (DCB) is an alternative payment method (APM) that facilitates mobile payments bringing increased conversion rates, leading to increased sales and therefore enhancing the return to the lotteries good causes.

About DIMOCO:

DIMOCO is a European-wide regulated payment institute for Direct Carrier Billing and holds a payment service license from the Austrian Financial Market Authority (FMA), passported to all 28 EU member states. As a trusted partner of mobile network operators, it enables over one billion subscribers to purchase goods and services from merchants and aggregators with their mobile devices, charged via the operators’ billing system.