Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its Unified Payments subsidiary has launched ‘Fast Pass Funding’, a same-day funding service offered through its proprietary Netevia platform. Per the update, Fast Pass Funding allows eligible merchants to receive funding in as little as three hours during regular business days, offering a significant improvement over the previous average funding times of 12 to 24 hours. The new funding service joins a number of additional value-added services offered to merchants through the Netevia platform, including intuitive merchant account opening and integration, payment conversion optimization, more than 150 risk monitoring filters and competitive pricing for payment acceptance services. “We are pleased to take advantage of the latest capabilities provided by our new Netevia platform and we are excited about the additional upcoming features this platform will bring to us this year,” Vlad Sadovskiy, president of Integrated Payments for Net Element, stated in the news release.
To view the full press release, visit http://ibn.fm/SEvK5
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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