DIMOCO: Pioneering Mobile Payment Solutions in Germany
DIMOCO, a prominent payment provider specializing in mobile payment solutions, has secured an official license from the German gambling regulator, the Glücksspielbehörde der Länder (GGL). This marks DIMOCO’s inaugural authorization to offer payment services within Germany’s iGaming sector, making it a groundbreaking development for mobile payment options in the country.
Proven Experience in Regulated Markets
Before entering the German market, DIMOCO successfully introduced mobile payment services in Austria and Poland, two countries known for their stringent regulatory environments. This track record underscores the company’s commitment to adhering to local laws and delivering compliant payment solutions tailored to regulated gambling industries.
Collaboration with Neo.Bet
To facilitate its launch in Germany, DIMOCO partnered with Neo.Bet, a licensed and locally regulated sports betting operator recognized by the GGL. Additionally, DIMOCO holds licenses granted by Poland’s gambling authorities and Austria’s Financial Markets Authority, which enhances its reputation and trustworthiness in multiple European markets.
A Commitment to Compliance and Security
Bettina Sommer, DIMOCO’s Senior Vice President of Sales, highlighted the company’s dedication to meeting rigorous regulatory demands. She expressed pride in receiving authorization from the GGL, emphasizing that DIMOCO’s services are exclusively provided to licensed and approved platforms. Obtaining the German license was a demanding process that required significant effort to ensure full compliance with all legal requirements.
Industry Response and Future Outlook
Greenvest Betting Limited, owner of Neo.Bet, commented on the significance of this partnership. Managing Director Galina Werner stated that the collaboration positions Neo.Bet as the first operator in Germany to offer mobile payment options for sports betting players. She acknowledged the lengthy and thorough approval process overseen by the GGL and praised DIMOCO as an ideal partner to navigate these challenges. Both companies are eager to move forward with this innovative payment solution now officially authorized in the German market.