Diphenyliodonium 9,10-dimethoxyanthracene-2-sulfonate is photochemically dissociated to give 9,10-dimethoxyanthracene-2-sulfonic acid. The dissociation is considered to proceed via an intra-ion-pair electron transfer from 9,10-dimethoxyanthracene moiety to iodonium moiety. The counteranion acts as both spectral sensitizer for diphenyliodonium ion and precursor for photo-acid generator.