Net Element Announces Growth in North America Transactions Solutions Segment

Fintech Investing

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 …

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.”

Click here to read the full press release.

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