Net Element’s (NASDAQ: NETE) Electronic Payment Solutions Set to Pay Off on the Back of Global Growth in Digital Payments Market

May 14, 2018 11:00:42
  • Global digital payments market predicted to reach $5.41 million in 2022
  • Worldwide sales of point-of-sales devices will reach $116 billion by 2025
  • Net Element develops innovative solutions for mobile, ecommerce and point-of-sale payments

Statistics portal Statista forecasts the global digital payments market to grow at a CAGR of 13.5 percent from $3.26 trillion in 2018 to more than $5.41 trillion in 2022 ( This includes online processed payment transactions, mobile point-of-sale payments and digital consumer commercial transactions. The digital commerce segment is the largest of the three, with a total transaction value of more than $2.87 trillion in 2018. Net Element, Inc. (NASDAQ: NETE), a company focused on providing solutions and services for mobile payments and value-added digital transactions, is well positioned to capitalize on this projected growth.

Net Element develops its technology to provide solutions for global deployment in a multi-channel environment, which includes point-of-sale, ecommerce and…

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