Net Element, Inc. (NASDAQ: NETE) Targets $7.7 Trillion B2B Market with Netevia Platform Vendor Payment Solution

July 18, 2018 10:51:02
  • Global B2B ecommerce sales at $7.7 trillion and still growing as more businesses move online
  • Netevia accepts over 100 cashless payment methods in multiple currencies
  • Netevia users can transact business with suppliers in countries around the world

Businesses are increasingly using the Internet to buy services and products from other businesses. It is now estimated that global ecommerce between businesses (B2B) now amounts to $7.7 trillion (, far outstripping the $2.3 trillion in sales made from businesses to consumers (B2C). Targeting this massive and growing market, Net Element, Inc. (NASDAQ: NETE) has extended its Netevia payment platform to include solutions aimed at sales between vendors, according to a company press release (

Net Element, a financial service technology company that develops multi-channel electronic payment solutions, launched Netevia in…

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