DIMOCO Enters Germany iGaming Market with Neo.Bet

DIMOCO, a leading payment provider that focuses on mobile solutions, has received a license from the GGL, the German gambling regulator, to supply local iGaming entities with payment solutions – a first for the company in the local market, and a first for Germany as a whole when it comes to mobile payment solutions

DIMOCO Becomes First Mobile Licensed Payment Provider

DIMOCO is no choice pick either, as the company has already successfully launched mobile payment options for sportsbooks in both Austria and Poland, two heavily-regulated markets that expect an unwavering commitment to local compliance.

To make this a reality, DIMOCO has teamed up with NEO.bet, a locally-regulated entity which also holds a license from the Glücksspielbehörde der Länder (GGL). Furthermore, DIMOCO is also licensed by both the Polish gambling regulator as well as Austria’s Financial Markets Authority, giving the company a fresh layer of credibility.

Commenting on this achievement and the expansion into the German iGaming market, DIMOCO SVP of sales Bettina Sommer had this to say:

“We are honoured to have received official approval for our unique offering from the GGL and this recognition reinforces our dedication to providing secure and efficient payment solutions for the rapidly evolving German igaming industry.”

Sommer assured that DIMOCO is committed to the highest regulatory standards and would only ever make its product offer available to licensed and GGL-approved websites. She added that the process of obtaining a license in Germany was a rigorous one, and it took DIMOCO significant efforts and time to ensure that it meets all prerequisites to launch legally.

Complying with a Rigorous Process and Safety Features

Greenvest Betting Limited, which owns NEO.bet, also commented on this new partnership with managing director Galina Werner. Werner said that the company was excited to see NEO.bet become the very first entity in the market to actually offer mobile payment solutions to sports betting customers.

“The process of gaining approval from the GGL was lengthy and rigorous and DIMOCO proved the ideal partner to help us navigate this. We look forward to working together now this promising new payment option is authorised,” Werner similarly acknowledged and wrapped up.