Payment Observer spotlight company. See more details here about one of the up and coming service providers in the financial services for small business.

DIMOCO has added Russia, Finland, Norway, The Netherlands, Sweden and Spain to its network of countries. With this expansion, DIMOCO’s mobile payment transaction hub solution is now available in 19 European countries.

DIMOCO, headquartered in Austria, operates a mobile messaging and payment transaction hub whereby connections to mobile operators are bundled and provided to business customers to bill their digital content. Using DIMOCO’s payment services, companies can bill their digital content with the user’s mobile phone bill. While the processing of mobile messaging is already possible worldwide, the mobile operator payment is being continuously expanded.

DIMOCO Mobile Payment Coverage

DIMOCO is pleased with the development of its mobile payment business. The company has recently announced a 261 percent increase in the mobile payment transaction volume in the virtual goods sector. The results reflect the general industry trend of mobile operator payment becoming one of the most popular forms of micro payment billing.