DIMOCO achieves Mastercard merchant acquirer membership

DIMOCO Payment Services has announced the firm has completed the process of becoming a certified member of Mastercard

Founded in 2016, DIMOCO is an independent and licensed merchant acquirer, integrating credit card acceptance and payment processing via a single contract, connection and settlement. 

“We always focus our activities on our merchants, partners and their business needs. Our personal touch and commitment have always made us stand out from the PSP crowd,”  explained Boris Kersten, managing director, DIMOCO Payment Services.

“With the new setup, we bring now our merchants as close as possible to the scheme network.”

The firm expects membership approval to be completed by the final quarter of 2019, due to “other leading international schemes are ongoing.”

DIMOCO is a fully fledged PSD2 compliant payment institution and payment service provider (PSP).

It also offers e-commerce merchants alternative payment options alongside its acquiring services, these options include: carrier billing, online bank transfers, SEPA direct debit, cryptocurrencies. 

Christian Rau, general manager, Mastercard Austria, added: ”We are excited about DIMOCO’s merchant acquiring services leveraging our network to further drive the digitisation of the economy, offering new services to E-com merchants across Europe.”