Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced the entry into a channel partner agreement between its Aptito subsidiary with HP Inc. for sales and support of its line of Android-based POS devices. Under the agreement, Aptito will provide its restaurant management software-as-a-service (“SaaS”) alongside HP’s POS solutions. The collaboration will offer small and mid-sized businesses (“SMBs”) cutting-edge technology and competitively priced value-added services backed by HP’s global sales, support and Android-based IPOS solutions that incorporate a full suite of tools to enhance selling and mobile transactions. “We are excited to work with HP to deliver our SaaS in their IPOS solutions to our existing and new merchants worldwide,” Aptito President Andrey Krotov commented in the news release. “Aptito is currently deployed in 16 countries and growing, HP’s global sales and support provide a springboard for continued expansion.”
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About Net Element Inc.
Net Element (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the U.S., the company 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 and 2018 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.
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