Direct Carrier Billing in Finland via DIMOCO available

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From now on, digital content can be billed via DIMOCO Direct Carrier Billing on the Finnish market.
While users benefit from a simple, quick and secure check-out process to pay for their content via their mobile network operators’ invoices, merchants profit from an additional sales channel with higher conversion rates*.

 

“Finland is a highly-developed mobile market, perfect for carrier billing as a payment option in digital content stores”, says Gerald Tauchner, DIMOCO co-founder and CEO, adding: “Having direct carrier billing now available in Finland will give our customers a tremendous sales boost”.

 

As confirmed in the current Juniper Research white paper, carrier billing is the user-preferred payment option for billing digital content: 75% of European users prefer carrier billing if the payment option is available in digital content stores.

 

 

Finland: A highly developed mobile market

With 6.34 million smartphones, accounting for 84.1 percent of all available handsets, Finland is one of the most highly developed telecommunications markets in Europe. “Smartphones are an interesting market indicator – making easy-one-click ordering of digital content possible. If direct carrier billing is then offered as a payment option, the digital content storefront will be even more successful”, comments Tauchner. DIMOCO carrier billing is available from now on to bill digital content in a price range of 10 cents up to 60 euros and can be implemented by merchants trading in the Finnish market. Users conveniently order their digital content on their smartphones and confirm their payment with one simple click.

 

European Carrier Billing Market*

  • Carrier billing implementation sees higher conversion rates & transaction values: First-time conversion rates with carrier billing 70%, compared to 10-12% with credit cards. The uplift is particularly pronounced for micro-payments (under 10 euros). For repeat purchases, the conversion rate with carrier billing is 80-88%, as opposed to 20-25% credit card billing.
  • Value of digital content billed via carrier billing: From approx. EUR 1.8 billion in 2014, the value of digital content billed via carrier billing will rise to nearly EUR 9.8 billion in 2019, an average annual growth of 41% over the forecasted period.
  • The digital content market in Europe: The European digital content market is expected to increase from an estimated EUR 23 billion in 2014 to 35.7 billion in 2019. Games and videos will remain the most popular carrier billing content categories, generating combined sales of more than EUR 5.3 billion annually by 2019.

 

*Source: DIMOCO & Juniper Research White Paper 2015, Download here

DIMOCO´s and Juniper´s White Paper: The European digital content market today and tomorrow

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The Carrier Billing Opportunity

 

One of the beauties of the operator’s billing relationships with end users is its sheer scale: there are more than 1.05 billion handsets in use across Europe; all but 2 markets (Bosnia-Herzegovina and Turkey) have a penetration rate in excess of 100%.

 

Western European markets are also characterised by high smartphone adoption: across Western European markets as a whole, smartphones accounted for 59% of all handsets by the end of 2014, a proportion which is expected to increase to 83% by 2019.

 

Read more and download DIMOCO´s White Paper here!

UPC Hungary appoints DIMOCO as its Mobile Payment partner

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The video internet and telephony provider UPC Hungary http://www.upc.hu has appointed DIMOCO as its partner for the technical implementation of mobile payment services across its mobile offering. Thus, the entire premium SMS transaction volume will be handled by the European carrier billing specialist. Whenever consumers use premium SMS for their digital content, the transaction will be technically handled via the DIMOCO hub. “With DIMOCO we have found a reliable and experienced premium SMS partner,” says Zoltan Csaszar, mobile VP from UPC Hungary, adding: As a virtual mobile network operator, this is exactly the kind of dynamic support we need.”

DIMOCO´s and Juniper´s White Paper: The European digital content market today and tomorrow

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The European market for digital content is expected to increase from an estimated €23 billion in 2014 to €35.8 billion in 2019.

 

As might be expected, the largest proportion of spend occurs in Western European markets throughout the forecast period, rising marginally from 90.9% in 2014 to 91.3% in 2019.

 

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Read more and download DIMOCO´s White Paper here!

 

DIMOCO @ the MoMo Mobile Messaging war

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SMS as part of integrated multi-factor authentication (MFA ) is required especially in the age of mobile computing , apps and Co absolutely as a conduit to one-time passwords , since the alternative would be contrary to the principles of the IT Baseline Protection!

 

Come and discuss with Rainer at the Mobile Monday on the 23.3.2015, 18.30-21.30 in Düsseldorf!

 

Register now!

Join the DIMOCO team!

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Does working in a successful and dynamic industry sound like fun to you? Are you highly motivated, and want to take a major step forward in your career? Then maybe it’s time to think about your opportunities at one of the leading mobile payment and messaging providers! DIMOCO’s sales and product & partner management department needs your support.

 

For more information please visit our online job center! Looking forward to welcoming you to our team :-)