DIMOCO Becomes Licensed Mastercard Merchant Acquirer

VIENNA — DIMOCO Payment Services has become a member of Mastercard.

As an independent and licensed merchant acquirer, DIMOCO integrates credit card acceptance and payment processing with a single contract, connection and settlement. According to the company, the membership approval process with other leading international brands is ongoing, with finalization expected in Q4 2019.

Since its founding in 2016, the Vienna-based company has developed into a PSD2 compliant payment institution and payment service provider with a comprehensive range of features and services. The latest achievement in receiving the Mastercard membership supports its strategy to position itself as a payment service provider and independent, standalone acquirer with a personal approach and high flexibility.

“We always focus our activities on our merchants, partners and their business needs,” said DIMOCO’s Managing Director Boris Kersten. “Our personal touch and commitment have always made us stand out from the PSP crowd. With the new setup, we bring now our merchants as close as possible to the scheme network.”

“We are excited about DIMOCO’s merchant acquiring services leveraging our network to further drive the digitization of the economy, offering new services to e-commerce merchants across Europe,” Christian Rau, general manager of Mastercard Austria said.

Besides its acquiring services, DIMOCO offers more than 100 alternative payment options, including carrier billing, online bank transfers, SEPA direct debit, cryptocurrencies and other global and local payment methods.

For more information, click here.

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