Net Element, a global technology
provider in mobile payments and value-added transactional services, has
launched three new programs to provide financing solutions and sales incentives
to sales partners and ultimately foster business growth.
“With this investment in our
distribution channel we intend to aggressively expand our U.S. footprint,” Oleg
Firer, Net Element CEO, stated in the news release. “The payment industry is in
a state of flux driven by technology and agents are seeking new revenue opportunities.
By providing an omni-channel, payment-as-a-service platform with value-added
services, we intend to help facilitate the business success of our partners.”
The portfolio financing program
is offered in partnership with RBL Capital LLC through a newly created brand
called “Unified Prosperity Financing.” This program is designed to leverage
RBL’s experience financing merchant portfolios to provide Net Element sales
partners streamlined processing and access to capital in as little as three
days.
The vision and team efforts of
sales partners such as independent sales groups, value added resellers, system
integrators, and affinity partners can be limited by not having the access to
capital required to fund business growth. Net Element anticipates that the
financing program will attract more sales partners and enhance revenue
potential from its existing sales network.
Designed to collateralize sales
partner merchant portfolios, financings will be based on sales partner residual
portfolios with loans estimated to range from $25,000 up to $2 million.
Unified Portfolio Acquisitions
Program
Net Element has also expanded
its Unified Portfolio Acquisitions program, which was introduced to sales
partners last year. The program enables Net Element to aggregate merchant
contracts and lower processing and transaction costs as it scales its portfolio
of merchants.
Like the Unified Prosperity
Program, merchant portfolios acquisitions will provide sales partners with
instant liquidity that can be used to finance marketing and sales initiatives
required to grow their business.
Net Element’s overarching growth
plan includes establishing recurring income streams which can be grown
organically by adding value-add services such as business productivity tools
from PayOnline or the company’s Aptito Point of Sale (POS) service.
New Sales Incentive Program
Net Element’s new sales
recruiting program is built upon the company’s customer-first,
technology-centric, payment-as-a-service mission to empower global small to
medium enterprise payment acceptance, including traditional card-present,
mobile and e-commerce transactions.
Cash incentives will be rewarded
to top producers and sales partners will be provided with the following
additional benefits:
• Access to Net Element advanced suite of transactional services,
equipment, innovative card programs, mobile payments and customized programs
for merchants and retailers
• High income potential
• Cloud-based mobile payments platform
• State-of-the-art “Sales Central” partner interface, designed to
provide enhanced integration with Sales Partners and lower sales costs
• Professional sales training and continual support
• Sign-up bonuses
• Cooperative marketing programs
• Proprietary, all-in-one, hospitality management and point-of-sale
platform
For more information, visit
www.netelement.com
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