NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Named Among 2018’s Top 10 Retail Payment Services Companies by Retail CIO Outlook

January 29, 2019 12:38:09

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced that it has been named one of the top 10 retail payment consulting/services companies of 2018 by Retail CIO Outlook magazine. Per the update, Retail CIO Outlook set out to identify the very best of the best among many payment service providers entering the industry and compiled its list of “Top 10 Retail Payment Consulting/Services Companies – 2018,” ( through selection of those that exhibit innovative capabilities and strategies. In choosing its finalists, Retail CIO Outlook’s selection panel considered each vendor’s ability to deliver effective, economic and time-focused payment solutions and services. “Being selected as one of Retail CIO Outlook magazine’s top 10 payment services providers is a tremendous honor,” Net Element Chief Technology Officer Andrey Krotov commented in the release. “This recognition attests to our commitment to our merchants and shareholders to strive for excellence.”

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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

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