Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced the launch of its Netevia In-App Payments Software Development Kit (“SDK”). According to the update, the app is designed for Internet of Things (“IoT”) devices and enables developers and hardware manufacturers to process payments within their consumer-facing applications. Netevia’s SDK for IoT allows developers to easily and professionally build a secure, seamless and fully PCI compliant payments flow experience for their devices with just a few lines of code. “The Netevia Platform simplifies payments across multiple channels through a single point of integration,” Net Element Chief Technology Officer Andrey Krotov said in the news release. “According to Visa, Inc., by 2020 there will be more than 50 billion devices connected to the Internet, providing a huge opportunity for these devices to include payments experience through Netevia SDK.”
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About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., it 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™. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com.
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