DIMOCO is nominated for the best payment system at the iDate Award

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The conference is the top event in the online dating industry and will take place at the Tropicana Hotel from January 20-22, 2015. DIMOCO Americas CEO Kolja Reiss will speak on the payment panel. Online dating companiesare invited to join DIMOCO atthe company’s exhibition booth at the iDate and to vote for their payment product until 2nd of January.

 

With providing an easy-to-use payment method for online dating and matchmaking platforms – the direct carrier billing company is again nominated for the iDate Award category best payment system. You can vote here!

 

“Another year, another opportunity to position ourselves as a leading companyproviding the online dating industry with an easy, one-click payment product” says Gerald Tauchner, DIMOCO CEO, adding: “DIMOCO is closing deals with well-known online dating platforms. They use direct carrier billing as an additional sales channel and can easily purchase single as well as subscription services via mobile phone accounts”.

We warmly welcome Martin Kolisch!

141202 M. Kolisch

 

“DIMOCO has the potential of becoming number one in the Direct Carrier Billing market. I am looking forward to this challenge”, says Martin Kolisch on accepting his new role as CEO of DIMOCO Germany. Gerald Tauchner, DIMOCO’s founder and CEO agrees. “With Martin Kolisch we have gained a dynamic and dedicated manager to lead our operations in Germany. Exciting times are ahead. Martin Kolisch will support us with his great experience and know-how.”

 

By hiring Martin Kolisch, DIMOCO has set yet another successful milestone. Martin Kolisch is not only one of the leading experts in the telecommunications sector, he has a strong technical background, focusing on sales, and 12 years of experience in business development and product management, of which 8 years were dedicated to the mobile payment and messaging industry.

The World of Mobile Payments in 2015

141118 Guest.Christoph Enzinger

 

2014 is nearing its end and again a lot has happened in the digital space within just 12 short months, particularly in the area of payment. Several new approaches towards mobile money and digital payment have taken to the headlines – most famously Apple with its mobile wallet solution Apple Pay, but also others like Amazon or Facebook had at least a brief appearance in the spotlight. The concept of using your mobile phone for payment is certainly gaining momentum and forecasts on the potential of this new business area are eye-watering (depending on the source, 2015 forecasts on mobile payment transaction values are between USD 670 billion or USD 1 trillion).

 

So, it’s now about time to raise the critical question: What will 2015 for mobile payment truly bring?
Firstly, we need to be aware that mobile payment is just an umbrella term, which covers payment methods across different sales channels (from digital to “real world” customer touch points) as well as various billing methods (e.g. direct carrier billing or prepaid), which have just as much in common as a credit card has with cash payments. We also should not expect to see mobile payment adoption as a global phenomenon which will happen everywhere simultaneously, as it will largely depend on prevailing circumstances. Financial transactions are a sensitive topic for consumers without habitual changes overnight.
Still, mobile payment brings many benefits to our everyday-life (mainly centered on convenience), so it is not a question IF, but WHEN mobile payments will finally enter the mainstream of consumer behavior.
Due to a series of current trends, 2015 looks more than promising to become the year of mobile payments:

 

User behavior is changing quickly. Google is predicting that in 2015 mobile devices will already enable two thirds of purchases and will lay the ground for more targeted, personalized offers and as a consequence for an increase in mobile payment. Google might have some business interest that this prediction comes true (with Android dominating the market for mobile operating systems), but also independent sources confirm that consumers are scaling back on the time they spend on their computers in favor of their mobile devices.

 

Direct Carrier Billing is still an area of high growth, with DCB service providers venturing into the field of physical-goods-billing. For years now, direct carrier billing transaction values have been growing steadily and DCB is now available from most operators across the globe. The benefits of this payment method for digital stores are obvious, as it is even available to customers who don’t own a credit card or even a bank account. Recently we also saw DCB service providers setting up pilots for the billing of physical goods, for example in the United Kingdom or Singapore. There are still a few hurdles to overcome (high operator fees to name one), but this is certainly an area to watch.

 

Apple Pay – here to stay? Apple iPay is already widely available to consumers on an Apple device running iOS 6.0+. At least in the US, Apple managed to get a few recognized brands to support the app from launch, e.g. McDonald’s, Subway, Macy’s, Disney, and others, and it also secured partnerships with three of the four major card issuers. So far, Apple Pay is certainly one of the most promising mobile NFC solutions, however it still has a few challenges to solve before it reaches large market adoption (one of them being to further grow its partner network outside the USA). Still, Apple Pay will certainly be a hot topic in 2015 too.

 

Internet and financial giants alike are putting all their weight behind mobile payment. While pro-active consumer demand for NFC solutions might still be limited, you certainly won’t need to worry about the supply side. The majority of traditional payment providers and also digital over-the-top-players have mobile payment solutions high up on their agenda (for example the recent divorce of eBay and PayPal is mainly an effort to focus resources and to capture more of the digial and mobile payments market).

 

Mobile Money in the developing world is gaining lots of traction. Mobile financial services are popular in large parts of Africa due to the lower penetration of bank accounts. The most renowned existing service is probably M-Pesa, which is now live in 7 countries and has 16.8 million active users in its country of origin, Kenya, alone. Recent months saw a number of further co-operations between banks and operators emerging, with the plan to launch further financial services in the near feature.

 

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Expect mobile payments to feature big at Mobile World Congress 2015 (again). Already in 2014 we saw several financial heavy-weights like MasterCard or VISA announcing their next steps in the mobile payments ecosystem. In March it will be interesting to find out which new initiatives, co-operations and rivalries emerged over the last few months. Of course we will also be on sight, and will keep you updated about the latest news on Twitter @DIMOCO (you will also be able to visit us at our DIMOCO stand, to discuss with us the latest trends in the mobile payments industry).

 

 

Christoph Enzinger is Product Manager for Mobile Payments and Direct Carrier Billing at DIMOCO. In previous roles he was working as Senior Marketing and Product Manager at Vodafone Group and the GSMA, where he was engaging in and organizing work groups for operators and players from the authentication and payments ecosystem.

DIMOCO Germany Direct Carrier Billing Special

141030 DIMOCO Country Special General-01

 

After Spain, Poland, Italy and France we present our fifth direct carrier billing special. As one of the biggest economies in Europe and with a mobile handset penetration of 119.9% in comparison to 35.7% credit card owners, Germany shows a huge potential in billing digital content via direct carrier billing. According to the white paper on direct carrier billing in Europe, published by DIMOCO in collaboration with market research partner Juniper Research, conversion rates up to 70 percent at the first transaction and 60 percent at the second transaction can be achieved with direct carrier billing.

 

115.2 million mobile subscribers are shared among the four big German mobile network operators Telefonica Germany (O2 Brand, market share 16.6%), eplus Group (market share 21.9%), Telekom Germany (33.7% market share) and Vodafone (market share 27.8%). As the worldwide trend shows, the smartphone penetration rate is also increasing in Germany and currently counts 33.9% compared to 66.1% legacy handsets available on the market.

 

The Price Waterhouse Coopers “Entertainment and Media Outlook 2014 – 2018” publication confirms the development in the digital content industry: The ePublishing segment, the area with the biggest growth, will grow from 655 million USD in 2012 to 2,287 million USD revenue in 2017. The home video market is set to grow from 162 million USD revenue in 2012 to 674 million USD in 2017, and the eMusic market from 387 million USD in 2012 to 620 million USD revenue in 2017. Another huge market is the eGames segment. The revenue growth rate shows a development from 889 million USD in 2012 to 1,589 million USD in 2017.

 

To tap into this enormous digital content potential, DIMOCO offers companies a variety of mobile payment products. “As DIMOCO we provide the technical hub between all the mobile network operators on the one hand and the business customers on the other hand. The main advantage for digital content providers is that they only need to integrate one connection and technical interface into their infrastructure”, explains Tauchner.

 

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You can download the poster here