Global payment technology provider Net Element, Inc. (NASDAQ: NETE), through subsidiary Unified Payments, this morning announced plans to introduce a new point-of-sale program during its impending 2017 Launch Series. The first stop of the Launch Series is set to take place at the annual Northeast Acquirers Association (NEAA) conference, which is currently underway in Boston, Massachusetts. Per the company’s news release, Unified Payments’ new point-of-sale platform will allow “SMBs to benefit from the latest technologies with no upfront investment, and gain access to competitive analytical tools, historically available to only large national merchants.” According to Grand View Research, mobile point-of-sale terminals are expected to comprise the fastest-growing segment of the retail point-of-sale market, achieving a compound annual growth rate of over 17 percent from 2016 to 2024.
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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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