NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Offers Merchants Reduced Funding Time via Fast Pass Funding Service

May 18, 2018 10:47:21

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE), through its Unified Payments subsidiary, recently launched a same-day funding service called Fast Pass Funding via its proprietary Netevia platform. An article discussing the company reads: “Fast Pass Funding is just one of many value-added services available to merchants through Net Element’s Netevia platform. The Fast Pass Funding service will enable eligible merchants to receive funding in as little as three hours during regular business days. This is a vast improvement on the previous average funding times of between 12 and 24 hours. Fast Pass Funding is also delivered to merchants using Aptito, Net Element’s proprietary cloud-based restaurant point-of-sale and management system.”

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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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