Tuesday, January 22, 2019

MissionIRNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Netevia SDK, Enables Payment Integration Across IoT Devices


Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced the launch of its Netevia In-App Payments Software Development Kit (“SDK”). According to the update, the app is designed for Internet of Things (“IoT”) devices and enables developers and hardware manufacturers to process payments within their consumer-facing applications. Netevia’s SDK for IoT allows developers to easily and professionally build a secure, seamless and fully PCI compliant payments flow experience for their devices with just a few lines of code. “The Netevia Platform simplifies payments across multiple channels through a single point of integration,” Net Element Chief Technology Officer Andrey Krotov said in the news release. “According to Visa, Inc., by 2020 there will be more than 50 billion devices connected to the Internet, providing a huge opportunity for these devices to include payments experience through Netevia SDK.”

To view the full press release, visit http://ibn.fm/Qb5Id

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.

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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