DIMOCO Acquires Payment Division of Telekom New Media

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DIMOCO today announces the acquisition of the premium SMS (PSMS) business of Telekom New Media Zrt., a subsidiary of Magyar Telekom Nyrt., the leading Hungarian telecommunications service provider. This acquisition solidifies DIMOCO’s position as the leading carrier billing provider in the Hungarian market.

“With our recent acquisitions of businesses in France, Greece and Italy, this is DIMOCO’s fourth customer acquisition in recent history, and our momentum is only growing stronger,” said Gerald Tauchner, DIMOCO president and CEO. “From the very beginning, the Hungarian market has been one of the most strategic and relevant for DIMOCO’s expansion strategy. With strong traction in other countries and across the EU, we are now the market leader for billing digital content via the mobile phone in the country.”

The Hungarian market boasts a 109.3 percent handset penetration rate, as opposed to its 11.8 percent credit card acquisition rate.  With nearly 11 million handsets in circulation, this market is primed for the current and future opportunities made possible with DIMOCO carrier billing services.

Questions left? DIMOCO is happy to answer them.

DIMOCO trend update: A2P messaging revenue will increase to reach $60 billion dollars

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The A2P messaging market is set to boom in the upcoming years. Juniper Research predicts that worldwide A2P messaging revenue will increase by $5 billion over the 5 years to 2018 to reach $60 billion dollars. But, what does it really take to tap into this growth? And, what are the best practices to effectively communicate to billions of global consumers directly from your enterprise application?

 
DIMOCO prepared a checklist of “must-haves” for using A2P messaging as a key communication tool:

 

High-quality routing direct to Network Mobile Operators: Direct to the operator means a more reliable and robust service, getting your message out to your customers in a far more timely manner.

 

Replay path for consumers: Long number and shortcode services makes your relationship with your customer interactive, creating a two-way conversation.

 

Suppliers with local knowledge:  knowing the local SMS market provides a significant advantage when optimising communication with your customers.

 

Easy-to-use technology: standardised APIs and Intuitive supporting tools, means you can concentrate on the message to your customers, content that the message will get to them.

 

Want to know more about A2P messaging? Contact DIMOCO!

DIMOCO trend update: FINTECH: The Evolution

Fintech: The Evolution

Barter trade, commodity or weight money… it was a long evolution and a big revolution to the introduction of currency as we know it today. With the digital age and the introduction of various screens, the entire payment industry was transformed once again. The digital landscape changed and so did the opportunities to purchase goods and services.

 

Digitalization led to the second revolution in the financial industry. The “over-all-screens” trend didn’t stop in front of the financial industry’s door. It was just overflowed by new payment possibilities.

 

And here we are: While digital payments like carrier billing available as a way of paying for goods and services online, banking institutions are now challenged to keep up with the influences of the new digital world.

 

Welcome to the FinTech era. Another star on the payments sky, the third revolution lets companies engage technology to optimize financial services. This is not new for carrier billing companies, like DIMOCO, it is just the fact that we now found our place within a broader landscape. Hello to all other FinTech companies out there, welcome to our world. We are leading the charge to finnovate the financial technology sector.  Are you ready for the fourth revolution? ;-)

 

DIMOCO trend update: 99% of text messages are opened within 3 min

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Did you know that 22% of emails are opened within days, but 99% of text messages are opened within 3 minutes? 6.1 billion people use SMS frequently every month. Consumers love SMS and we love A2P messaging. Download DIMOCOs’ trend overview to know more about the A2P messaging market and contact us to know more about your A2P messaging opportunities.

DIMOCO Announces Acquisition of Onebip

DIMOCO today announced that it is acquiring Onebip SpA, a mobile payment company specialized in direct carrier billing services, to enhance its services and European market position. The purchase of Onebip SpA from its former shareholder Neomobile SpA, further increases DIMOCO’s market share in the European carrier billing market.

DIMOCO company acquisition onebip

From left to right: Claudio Rossi / Neomobile CEO; Gianluca D’Agostino / exiting CEO of Onebip; Heinz Brasic, DIMOCO Europe President & COO

 

“The combination of Onebip’s position in the Italian market with our broader European coverage will provide our clients with access to one of Europe’s largest mobile payment markets and will make inroads into major Latin American markets, such as Brazil and Mexico,” said Gerald Tauchner, president and CEO of DIMOCO. “The acquisition is also expected to result in greater efficiencies and significantly enhanced technical abilities.”

“I strongly believe that Onebip technology and its solution suite will have a significant impact on the DIMOCO brand,” said Gianluca D’Agostino, exiting CEO of Onebip SpA. “I see material synergies in this deal and the outcome will prove to be valuable for both merchants and mobile network operators.”

The acquisition of Onebip was accomplished through the close liaison between Neomobile and DIMOCO. The two companies will continue their partnership to strengthen their position both in Europe and Latin America. Neomobile, the leading mobile commerce company and former shareholder of Onebip SPA, will focus more on digital entertainment, its main business, and leaving behind the mobile payment segment.

“This deal strengthens our partnership with DIMOCO and provides us the opportunity to focus more on our path of innovation, increasing our investments in new products in mobile entertainment and programmatic advertising, while speeding up our entry into new markets in Middle East and Asia.” said Claudio Rossi, CEO of Neomobile.

Under the terms of the acquisition agreement, DIMOCO has agreed to use Onebip’s existing payment hub and engineering staff to provide high-quality services to international merchants. Onebip’s clients will continue to receive the same quality of service they have come to expect. Onebip is now a wholly owned subsidiary of DIMOCO Europe and employs 15 people in the city of Milan. It will be renamed to DIMOCO Italy SpA, which will continue to use Onebip as a product brand. The post-merger integration is in process and will take place over the next few weeks.