Using proprietary technology
structured to transform global commerce, Net Element has amassed a subsidiary
portfolio of revenue-generating, top-ranked companies that create a diversified
consumer base in emerging countries and contribute to Net Element’s general
growth.
From its headquarters in Miami,
Net Element owns and operates TOT Group, Inc., a global mobile payments and
transaction processing provider. Companies under the TOT Group umbrella include
Unified Payments, which was recognized by Inc. Magazine as the No. 1 fastest
growing private company in America in 2012, and Aptito, a next-gen cloud-based
point of sale payments platform.
Also within this group is mobile
billing solutions provider TOT Money, which is ranked as Russia’s top SMS
content provider, according to Beeline, the country’s second largest
telecommunications operator. TOT Money was reorganized in 2014, and in January
2015 hit a key milestone in exceeding 1 million recurring mobile subscribers.
In support of its overall
expansion strategy, Net Element recently entered into a strategic partnership
with TAS Group to develop and promote Europay, MasterCard, and Visa
chip-enabled solutions, card management systems, and mobile payment
technologies in the U.S. and select global markets including Russia, the Middle
East, India and Africa.
Utilizing its portfolio of
subsidiaries and high-level business relationships, Net Element is gaining
traction in the mobile commerce and alternative payments environments. The
company has defined several initiatives to continue this momentum, including
growing its traditional and mobile technology base, strengthening its balance
sheet, and focusing on small to medium enterprise (SME).
For more information, visit
www.netelement.com
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