Global technology and value-added solutions group Net Element Inc. (NASDAQ: NETE) this morning announced that its Unified Payments subsidiary is among the first companies to achieve self-regulatory certification from the Electronic Transactions Association (“ETA”). The ETA, a worldwide trade association serving more than 500 member fintech payment companies, recently announced its Self-Regulation Program (“ETA SRP”), which seeks to improve payment industry security and reduce risks by identifying and acknowledging companies with a deep understanding of the risks associated with financial services. “Being among the first payments services companies to obtain ETA SRP certification is a reflection of our commitment to excellence in our industry,” Net Element Head of Risk Shawn Brown said in the news release. “We are pleased to support this program which assures our customers and stakeholders of our dedication to utilizing best practices in every facet of our company.”
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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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