Net Element, Inc. (NASDAQ: NETE) Provides Innovative Event Industry Payment Solutions, Focuses on New Tech Adoption

June 20, 2018 13:09:37
  • The events industry generated over $330 billion in direct sales in 2016, with huge potential for growth in this field
  • Net Element also exploring innovative technologies like blockchain for the purpose of enhancing its payment solution portfolio
  • Company focusing on a partnership and an expansion on the Russian market enabling it to explore new markets that have yet to develop innovative payment solutions

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group, is providing innovative payment solutions for the events industry while also expanding its presence in Russia. The aim of both initiatives is to carve a space in previously underserved niches, according to a company audio press release (

The company is known for its payment-as-a-service transactional services platform targeted at small and medium-sized enterprises. It is operational in the U.S., as well as a number of…

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