Net Element, Inc. (NASDAQ: NETE) Sees Rising Organic Growth

April 27, 2018 10:52:20
  • Revenues increased 11 percent during 2017, reaching $60.1 million on organic growth across all categories
  • Point of sale market expected to reach $106 billion by 2025
  • Global retail e-commerce sales to post solid gains, rising by more than 23 percent to $2.3 trillion by end of 2017 and accounting for 10 percent of total retail sales
  • Net Element processed $2.8 billion in global transactions in 2017, a 14 percent increase
  • Fast Pass Funding service unveiled on proprietary Netevia platform

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group focused on supporting electronic payments acceptance in a multichannel environment, continues to master the art of the transaction by delivering valuable payment solutions to merchants and consumers.

E-commerce continues to show a healthy growth pattern, as consumers are increasingly dedicated to using their mobile devices to make purchases. According to a report compiled by…

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