Net Element, Inc. (NASDAQ: NETE) this morning announced that its PayOnline subsidiary has signed an agreement with ExLine, a leading provider of courier and delivery services, freight forwarding and other related services in Kazakhstan in Central Asia, making PayOnline’s payment services available to more than 50,000 of ExLine’s customers. Per the agreement, PayOnline has implemented a custom payment solution which includes an invoice number on the secure payment page and 24/7 customer support. Payments are accepted in Kazakhstan’s national currency, Russian rubles, U.S. dollars and euros.
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About Net Element, Inc.
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 US and selected emerging markets. In the US, we are growing transactional revenue with innovative services including our cloud based, restaurant point-of-sale solution Aptito. 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 such as UAE, Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently launched. Further information is available at www.netelement.com
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