Net Element, Inc. (NETE) Assembles Integral Compon
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Posted On: 04/10/2015 5:01:29 PM
Net Element, Inc. (NETE) Assembles Integral Components to Advance in Select Global Markets
Miami-based Net Element develops proprietary technologies designed to simplify consumer commerce transactions via mobile device, as well as allow merchants to transact business regardless of where they are and whether they are online or offline.
The company owns and operates TOT Group, Inc., a global mobile payments and transaction processing provider. TOT Group companies include Unified Payments, which was recognized by Inc. Magazine as the No. 1 fastest growing private company in America in 2012; Aptito, a next-gen cloud-based point of sale (“POS”) payments platform; and TOT Money, a mobile billing solutions provider and Russia’s top-ranked SMS content provider, according to Beeline, the country’s second largest telecommunications operator.
In addition to its stateside headquarters in Florida and presence in Russia, Net Element maintains and is expanding an international presence in select emerging markets. A recent joint venture with a group of United Arab Emirates (UAE)-based industry professionals will enable the sale and delivery of Net Element’s payment-as-as-service solution to all Gulf Cooperation Council states and India.
In 2014 Net Element successfully eliminated the majority of its debt, strengthening its balance sheet and creating a strong operational foundation through which the company intends to grow market share, accelerate sales and increase profitability.
To this affect, Net Element has established its growth strategy for 2015 which includes completing its acquisition of mobile technology innovator PayOnline; expanding its mobile payments presence in the Middle East and India, expanding its Russia service offerings, and creating an omni-channel, payments-as-a-service platform that can be integrated and profitably adapted to global businesses.
Net Element also recently partnered with TAS Group, a global provider of card management systems, electronic payments and financial markets, to develop and market Europay, MasterCard and Visa chip-enabled solutions, card management systems and mobile payment technologies in the U.S., Latin America, Russia, CIS, Middle East, India and Africa.
Leveraging global development centers, a strengthened balance sheet, and high-level business relationships, Net Element is primed to achieve continued growth in the mobile commerce and alternative payments environments in select global markets.
For more information, visit www.netelement.com
Please read full disclaimers at http://disclaimer.missionir.com
Miami-based Net Element develops proprietary technologies designed to simplify consumer commerce transactions via mobile device, as well as allow merchants to transact business regardless of where they are and whether they are online or offline.
The company owns and operates TOT Group, Inc., a global mobile payments and transaction processing provider. TOT Group companies include Unified Payments, which was recognized by Inc. Magazine as the No. 1 fastest growing private company in America in 2012; Aptito, a next-gen cloud-based point of sale (“POS”) payments platform; and TOT Money, a mobile billing solutions provider and Russia’s top-ranked SMS content provider, according to Beeline, the country’s second largest telecommunications operator.
In addition to its stateside headquarters in Florida and presence in Russia, Net Element maintains and is expanding an international presence in select emerging markets. A recent joint venture with a group of United Arab Emirates (UAE)-based industry professionals will enable the sale and delivery of Net Element’s payment-as-as-service solution to all Gulf Cooperation Council states and India.
In 2014 Net Element successfully eliminated the majority of its debt, strengthening its balance sheet and creating a strong operational foundation through which the company intends to grow market share, accelerate sales and increase profitability.
To this affect, Net Element has established its growth strategy for 2015 which includes completing its acquisition of mobile technology innovator PayOnline; expanding its mobile payments presence in the Middle East and India, expanding its Russia service offerings, and creating an omni-channel, payments-as-a-service platform that can be integrated and profitably adapted to global businesses.
Net Element also recently partnered with TAS Group, a global provider of card management systems, electronic payments and financial markets, to develop and market Europay, MasterCard and Visa chip-enabled solutions, card management systems and mobile payment technologies in the U.S., Latin America, Russia, CIS, Middle East, India and Africa.
Leveraging global development centers, a strengthened balance sheet, and high-level business relationships, Net Element is primed to achieve continued growth in the mobile commerce and alternative payments environments in select global markets.
For more information, visit www.netelement.com
Please read full disclaimers at http://disclaimer.missionir.com
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