Net Element’s (NASDAQ: NETE) PayOnline subsidiary has launched payment acceptance for V-Tell, marking the start of a partnership that NETE says highlights its position as a global payment acceptance platform and showcases its capabilities to facilitate cross-border transactions through a comprehensive range of services. “We are excited about our partnership with Net Element as we utilize multiple payment methods available through the PayOnline platform, including recurring billing and one-click payment solutions for our website and mobile application,” Felix Vakhovsky, CEO and president of V-Tell Group of Companies, stated in the new release. “We are also pleased with the host of anti-fraud tools provided by PayOnline.”
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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 US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail 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. Net Element was named in 2016 by South Florida Business Journal as one of the fastest growing technology companies. Further information is available at www.netelement.com.
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