Net Element, Inc. (NASDAQ: NETE) Subsidiary Launches New Same-Day Funding Service

April 11, 2018 11:35:22
  • E-commerce market expected to grow from $2.3 trillion in 2017 to $4.88 trillion by 2021
  • Point-of-sale market expected to reach $116 billion by 2025
  • Net Element’s new service, Fast Pass Funding, reduces funding times to as little as three hours

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) announced on April 5, 2018, that its Unified Payments subsidiary has launched a same-day funding service, called Fast Pass Funding, through its proprietary Netevia platform (http://nnw.fm/jAfq4).

Fast Pass Funding is just one of many value-added services available to merchants through Net Element’s Netevia platform. The Fast Pass Funding service will enable eligible merchants to receive funding in as little as three hours during regular business days. This is a vast improvement on the previous average…

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