NetworkNewsBreaks – Net Element’s (NASDAQ: NETE) PayOnline Introduces “Instant Credit” Feature
Mobile payment technology company Net Element, Inc. (NASDAQ: NETE), through its PayOnline subsidiary, this morning announced the launch of “Instant Credit,” a new feature that allows online merchants to sell goods and services on credit. Through this service, consumers will have the option to interact directly with integrated credit institutions to secure instant access to loans, giving merchants the means to achieve higher conversion rates at checkout and increase average ticket size. Industry research indicates that a large number of Russian consumers buy expensive goods and services on credit, but this payment option is only available on a small number…
