NetworkNewsBreaks – Net Element, Inc. (NASDAQ: N
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Posted On: 07/12/2018 6:36:27 PM
NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Significant Increase in Transaction Processing Volume
Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced that its transaction processing volumes for the first six months of 2018 demonstrated a substantial increase of 37% as compared to the same period in 2017. Total dollars processed from January 2018 through June 2018 totaled $1.62 billion versus $1.18 billion during the previous year. The company attributes the growth primarily to its subsidiary Unified Payments. The North America Transaction Solutions segment realized the largest increase of 40% to $1.4 billion from $1 billion while International Transactions Solutions achieved $211 million, an increase of 20% from $176 million. “We are pleased with our continued growth across all segments. Our growth is facilitated by our innovative, customer-focused value-added products and services. We are confident this trend will continue for the balance of 2018 and intend on putting measures in place to ensure these growth initiatives continue to deliver results well into the future,” Net Element CEO Oleg Firer stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced that its transaction processing volumes for the first six months of 2018 demonstrated a substantial increase of 37% as compared to the same period in 2017. Total dollars processed from January 2018 through June 2018 totaled $1.62 billion versus $1.18 billion during the previous year. The company attributes the growth primarily to its subsidiary Unified Payments. The North America Transaction Solutions segment realized the largest increase of 40% to $1.4 billion from $1 billion while International Transactions Solutions achieved $211 million, an increase of 20% from $176 million. “We are pleased with our continued growth across all segments. Our growth is facilitated by our innovative, customer-focused value-added products and services. We are confident this trend will continue for the balance of 2018 and intend on putting measures in place to ensure these growth initiatives continue to deliver results well into the future,” Net Element CEO Oleg Firer stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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