- Global
B2B ecommerce sales at $7.7 trillion and still growing as more businesses
move online
- Netevia
accepts over 100 cashless payment methods in multiple currencies
- Netevia
users can transact business with suppliers in countries around the world
Businesses are increasingly using the Internet to buy
services and products from other businesses. It is now estimated that global
ecommerce between businesses (B2B) now amounts to $7.7 trillion (http://ibn.fm/fv3EP), far
outstripping the $2.3 trillion in sales made from businesses to consumers
(B2C). Targeting this massive and growing market, Net Element, Inc. (NASDAQ:
NETE) has extended its Netevia payment
platform to include solutions aimed at sales between vendors, according to a
company press release (http://ibn.fm/j8Up6).
Net Element, a financial service technology company that
develops multi-channel electronic payment solutions, launched Netevia in
February 2018 to provide value-added solutions for its users. Netevia was
designed to integrate seamlessly with businesses’ existing payment platforms.
Businesses that use Netevia can accept over 100 cashless
payment methods in several currencies – a crucial must for companies that wish
to operate on an international scale. As of July 2018, Netevia can process
cashless payments in 21 currencies. Netevia enables merchants to streamline
their processes, including marketing tools, payment mechanisms and
point-of-sale devices.
Research shows that 42 percent of B2B customers use a mobile
device at some point during their purchasing process (http://ibn.fm/y0o7E). Taking
this trend into account, the Netevia platform is developed for use on mobile
devices as well as through a web-based portal. It will allow users to manage
their vendors, process payments and deal with invoices from anywhere.
In a news release, Vlad Sadovskiy, Net Element’s president
of integrated payments, said, “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.”
Netevia is poised to enable its users to adapt their
businesses to the steady growth of the ecommerce sector. The platform has been
designed to be extendable, allowing users to add features as their business
needs evolve.
With security a key concern for all online operators,
Netevia’s designers have included robust fraud prevention and security features
into the platform. In addition, since international business never sleeps,
technical support for the platform is available round the clock by phone, email
or web chat.
Netevia is just one of a suite of innovative mobile payment
solutions that Net Elements has developed. Others include Aptito, a payment solution
tailor-made for the restaurant industry, and Unified Payments,
a simple and flexible mobile point-of-sale system that can be used by a variety
of vendors, including kiosk-type shops, limousine drivers, tow truck and
delivery drivers, pool maintenance workers and roadside assistance mechanics.
For more information, visit the company’s website at www.NetElement.com
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