NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE) Developing Unified Global Transaction Acceptance Ecosystem

February 15, 2019 15:45:56

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, remains focused on the formation of a unified global transaction acceptance ecosystem. A recent article discussing the company reads, “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.”

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About Net Element Inc.

Net Element (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the U.S., the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500[TM]. In 2017, Net Element was recognized by South Florida Business Journal as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com.

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