Mobile payment technology company Net Element, Inc. (NASDAQ: NETE) today announced significant enhancements to its cloud-based Aptito point-of-sale and mobile point-of-sale system. Some of the new features integrated into the platform as part of this update include enhanced options for reservations, bartending, reporting and kiosks; advanced printing, inventory and monitoring systems; the ability to import/export menus; the option to modify partially paid orders; and key enhancement pertaining to gift cards, inventory and system security. “A vast majority of restaurants are still using old legacy POS systems that fail to accommodate digital changes and consumer demands for convenience, speed, accuracy and security when dining or shopping,” Oleg Firer, CEO of Net Element, stated in the news release. “With a suite of new enhancements, Aptito offers optimal functionality and the most complete package of features to bring an establishment into the digital age.” In conjunction with the launch of the enhanced Aptito system, Net Element is launching a new U.S. sales campaign that offers point-of-sale software dealers and agents up to $1,200 per placement.
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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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