Global technology and value-added solutions group Net
Element, Inc. (NASDAQ: NETE) this morning announced that its Netevia platform
will now include a smart solution for permitting secure vendor payments. The
platform solution enables safe, electronically delivered payments using a
secure single-use dynamic credit card number. The payments can only be
processed by the designated vendor for an exact amount, and have added controls
for enhanced flexibility and security. The platform also works with existing accounting
systems without requiring a complex setup or integration and offers 24/7
customer support via phone, email or live chat. “We are excited to enable this
functionality on our Netevia platform and make Netevia a market platform where
small and medium-sized businesses can find comprehensive and innovative card
payments-oriented solutions to enhance their operations. Enabling vendor
payments is one more step towards achieving this goal,” Vlad Sadovskiy,
President of integrated payments for Net Element, stated in the news release.
To view the full press release, visit http://ibn.fm/0DyZT
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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