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$NETE Apito to Begin Accepting Cryptocurrency Payments in July

Net Element (NASDAQ: NETE), a worldwide technology and value-added solutions group, on Thursday announced that Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution, will capitalize on the growing trend of cryptocurrency by processing cryptocurrency payments. Beginning July 1, 2019, Aptito merchants will be able to accept all major cryptocurrencies through the Netevia Gateway. “We are excited to launch cryptocurrency payment acceptance for Aptito’s clients through our proprietary Netevia Gateway,” Net Element chief technology officer Andrey Krotov stated in the news release. “Our scalable and future-ready platforms are on the-cutting-edge of global alternative payment trends.”

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About Net Element Inc.

Net Element (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the U.S., the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution. 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. Net Element was ranked as one of the fastest-growing companies in North America on Deloitte’s 2017 and 2018 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

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Friday, June 21st, 2019 Uncategorized
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