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Net Element (NASDAQ: NETE) Addressing $783 Billion Restaurant Industry’s Need for Speed, Accuracy with Aptito

Net Element (NASDAQ: NETE) is offering the restaurant industry cloud technology software with digital accuracy and speed, including an Android app and digital menus. According to the National Restaurant Association (NRA) (http://nnw.fm/B7Dox), the $783 billion restaurant industry is looking to cloud platforms that can integrate the convenience of mobile technology. The result is that customers who want to order online from their offices or elsewhere want to select digitally from an online menu. They want quickness, accuracy and convenience.

In 2016, the NRA found that one-quarter of customers surveyed said that technology options can drive their decisions when choosing a restaurant. The NRA’s 2016 Restaurant Industry Forecast (http://nnw.fm/8nZIj) saw this increase over the nearly one-fifth of consumers it surveyed who said the same thing the prior year. One trend is clear:  restaurant customers want their food orders fulfilled quickly and accurately.

Net Element serves the restaurant, retail, travel, and other industries. The company’s high technology platform technology brings together mobile and transactional services. It handles U.S. transaction processing via Unified Payments through its TOT Group subsidiary. It also provides mobile payments in Russia through TOT Money. Aptito is its cloud-based point-of-sale brand.

Net Element’s Aptito is a solution to the speed issue facing restaurants. The NRA says its members want technology they can use to satisfy their desire for faster and more accurate food ordering. The nicest surprise for restaurant owners is that digital has meant not only improved speed but higher average tickets, as well. Customers order more online, buying additional food impulsively. They also now expect high technology rather than perceiving it as a novelty.

Net Element, Inc.’s Aptito is a cloud-based app for customers. For restaurants, it offers a visual Android-based point-of-sale software system. Aptito gives restaurant management both digital menus and mobile ordering capabilities. To customers, in a high tech environment, Aptito offers accurate and real time restaurant fulfillment of orders and billing. Most important, it offers speed to the customer, an element that’s growing in importance in the restaurant industry.

Management of Net Element believes that Aptito’s digital accuracy brings more sales and fewer mistakes while eliminating paperwork and some payroll costs. Diners can enjoy numerous benefits, including speedier service, check splitting, moving orders and even table changes. For restaurant management, it facilitates better service to customers. It also offers executives a better overview of demand for certain dishes and speed requirements for meals based on online customers.

For more information, visit www.NetElement.com

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