As one of the fastest-growing technology-driven companies enabling mobile payments and value-added transactional services, Net Element, Inc. (NASDAQ: NETE) is steadily carving out more and more of the global commerce pie. The South-Florida company currently has its sights set on certain key objectives: to empower smart payments through all channels of interaction between merchants and consumers, to establish multiple monetization channels for merchants and to add convenience and speed to everyday commerce. With subsidiaries like PayOnline under its umbrella, it is tactically positioned for substantial growth in the U.S. and in select emerging economies.
Over the years, Net Element has become known for operating a payments-as-a-service transactional and value-added services platform for small- and medium-sized enterprises (SMEs), while PayOnline has gained recognition for offering payment acceptance services to 3,000-plus online, multi-channel merchants and service providers operating in Asia, Europe, and the Commonwealth of Independent States.
Internet payment processing businesses rarely achieve success without the latest technology, the highest levels of security or a personalized approach to every customer. Reliability and stability are also features that customers look at when choosing an e-commerce payments acceptance vendor. It is little surprise, then, that Net Element and PayOnline embody these characteristics while also thriving in the innovation and product development areas. Attributes such as these characterize the companies differently from their competitors, and so do the ground-breaking products they continue to develop.
To achieve its long-term corporate objectives in the United States, Net Element has taken aim at growing its transactional revenue by innovating SME productivity services such as its cloud-based, restaurant point-of-sale solution, Aptito. Abroad, however, the company’s growth strategy involves leveraging its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions — markets such as the United Arab Emirates, Kazakhstan, Kyrgyzstan, and Azerbaijan.
To learn more about this technology company, visit www.NetElement.com
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