Net Element (NASDAQ: NETE) Sees North America Transactions Segment Grow Organically, Generate 81% of Total Sales in Q1 2017
Net Element, Inc. (NASDAQ: NETE), for the three months ended March 31, 2017, enjoyed over 20% growth in revenues to $13,561,941, versus $11,261,059 for the same period a year earlier. North America Transaction Solutions, one of three operating segments of the global financial company, drove the firm’s growth, generating 81% of total sales compared to 70% during the same period of the prior year. Net Element is a financial technology group that processes global transactions in an omni-channel environment in what is becoming a world of cashless transaction processing. The company processes electronic payments from point-of-sale and mobile devices. Net…







