Net Element Inc. (NASDAQ: NETE) Leading the Way in Transaction-Based Technological Innovation

February 1, 2019 10:24:27
  • Leader in technological innovation and world-class customer service
  • Launched Netevia in-app payments software development kit
  • Focused on the creation of a unified global transaction acceptance ecosystem

In a fiercely competitive environment, Net Element Inc. (NASDAQ: NETE) stands out for its technological innovation and world-class customer service. Specializing in mobile payments and value-added transactional services, the company has set itself apart as one of the fastest-growing companies in North America, according to Deloitte’s 2017 Technology Fast 500 and the South Florida Business Journal. This one-stop, omni-channel processing solution provides over 100 payment solutions. In North America, NETE’s transactions revenues rose over 17 percent year-over-year. Through the combination of organic growth, global merchants and innovative services, the company is positioned for continued expansion.

The company recently announced ( the launch of the Netevia in-app payments software development kit (SDK). The platform makes it possible for developers and hardware manufacturers to process payments with existing consumer-facing applications. The Netevia SDK is a feature-ready, multichannel platform that allows developers to build a secure, payment-card industry (PCI) and cryptocurrency-compliant experience for the user that simplifies payments through a single integration point.

Bain & Company predict that the global Internet of Things (IoT) market will reach $510 billion by 2021. When combined with Cisco’s estimate that more than 50 billion devices will be connected to the internet, it becomes clear that Netevia has a huge opportunity to reach a rapidly expanding market. The all-in-one platform, easy set-up and real-time reporting are only some of the features listed at

According to Statista, worldwide mobile payment volume is expected to surpass $1 trillion in 2019. NETE is setting the standard for the industry while focusing on the creation of a unified global transaction acceptance ecosystem. The company believes that, by understanding consumer behavior and the needs of merchants, it can effectively power global commerce and equip clients to conduct business worldwide.

To achieve this goal and maintain its competitive edge, NETE is strategically focused on continued investment in core technology, new product offerings (such as the Netevia SDK), allocating resources and expertise to grow in commerce and payments segments, strategic acquisitions, continued improvement and operational excellence.

For more information, visit the company’s website at

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