NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary and Payment Club Plan to Expand Operations

September 21, 2018 11:30:42

Net Element (NASDAQ: NETE) subsidiary Unified Payments, through a partnership with Payment Club, Inc., is launching subscription-based payment processing services (http://nnw.fm/eLiP8). A recent article discussing this reads: “Net Element develops multi-channel electronic payment solutions, among which is Unified Payments, a flexible mobile point-of-sale system that enables small and mid-sized businesses to accept cashless payments. … Payment Club provides payment processing services on a subscription-based model. Its co-founders recently announced completion of a $7 million financing deal. With the financial boost, Payment Club intends to expand its operations across the United States, hire key staff and open up facilities in which business owners and operators can learn more about the company’s transparent payment processing solution.”

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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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