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Net Element Announces Growth in North America Transactions Solutions Segment
Oct. 13, 2017 08:50AM PST
Fintech InvestingNet Element (NASDAQ:NETE) has announced a growth in its Unified Payments, its North America Transactions Solutions Segments division. As quoted in the press release: Total e-commerce volumes for the first half of 2017 increased by 33% from the first half of 2016. Transactions processed for the first half of 2017 increased by 34% over the …
Net Element (NASDAQ:NETE) has announced a growth in its Unified Payments, its North America Transactions Solutions Segments division.
As quoted in the press release:
Total e-commerce volumes for the first half of 2017 increased by 33% from the first half of 2016. Transactions processed for the first half of 2017 increased by 34% over the same period in 2016. New e-commerce merchants for the first half of 2017 increased by 37% over the same period in 2016.
Total volumes for electronic commerce and value-added integrated services such as Aptito and Unified m-POS increased by 134% during the first half of 2017 over the same period in 2016. Transactions processed for the first half of 2017 increased by 84% over the same period in 2016. New merchants for the first half of 2017 increased by 43% over same period in 2016.
“Unified Payments continues gaining market-share by delivering competitive e-commerce, mobile point of sale and integrated value added services through easy-to-use technology such as Apple iOS and Android apps while providing exceptional customer service, technical support and fast merchant on-boarding,” commented Oleg Firer, Chief Executive Officer of Net Element. “We are confident in our ability to continue executing our growth strategy and are excited about the Company’s future.”