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DIMOCO Brings Carrier Billing Expertise to The European Summit 2016

Leading payment institute for carrier billing will discuss current industry trends and host business partners at pre-conference event.

Dimoco Billing Carrier at TESPRAGUE, 29 August 2016 – DIMOCO, a leading payment institute for carrier billing, will participate in The European Summit 2016 (TES), discussing current mobile payment trends and promoting networking opportunities before and during the event.

DIMOCO’s TES “meet and mingle” event for business partners will take place at the main bar of the Parkhotel Praha on September 20 at 8 p.m. “We welcome all conference participants to the event and encourage them to speak about their carrier billing experiences in the European market in a pleasant atmosphere,” said Gerald Tauchner, DIMOCO President and CEO.

DIMOCO’s representative Markus Fischbacher will deliver an outlook of what can be expected in the digital payment environment during the TES Mobile Day session (Parkhotel Prague, BitterStrawberry Seminar Room 1), taking place September 22 at 1:00 p.m.

A DIMOCO and Juniper Research report measured first-time transaction rates for operator billing at 70-77 percent (vs. 10-12 percent on credit cards) and for repeat purchases at 80-88 percent conversion rate (vs. 20-25 percent on credit cards), confirming carrier billing as the digital payment method with the highest conversion rate potential.

The full The future of carrier billing in Europe 3.0 study can be downloaded for free from the DIMOCO site.

New carrier billing opportunities will also be presented at DIMOCO’s business lounge (booth G22) on September 21-22, where company representatives will welcome conference participants to discuss market opportunities.

About DIMOCO

DIMOCO is a payment institute for carrier billing enabling almost 1 billion European subscribers to purchase goods and services from merchants and aggregators with their mobile devices which are charged via the operators’ billing system.

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