NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Multi-Channel Application Enabling Cryptocurrency Payment Features Across Multiple Touch Points

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced the launch of its multi-channel blockchain-powered payments application across multiple touch points, including face-to-face through smart payment terminals, and via electronic commerce and API. The payment acceptance application is fully-compliant, secure, and forms part of Netevia, a recently launched feature-ready multi-channel payments platform, which, through a single integration point, connects and simplifies payments and increases efficiency of transactions. “Over the past few years blockchain technology has revolutionized the world of payments thanks to its decentralization, cost-effectiveness and convenience,” President of Integrated Payments Vlad Sadovskiy stated in the news release. “The addition of a cryptocurrency payment acceptance option to our Netevia platform carries forward our tradition of innovation as we power global commerce.”

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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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