Net Element (NASDAQ:NETE) announced the launch of Netevia Light POS on smart terminals by PAX Technology.

The company said that Netevia point-of-sale application on smart terminals by PAX Technology includes all functions of classic POS terminal while packing a modern user-friendly application to aid merchants.

As quoted in the press release:

Effective immediately, Netevia Light POS application will come bundled in PAX A920 and A80 smart terminals. The combination of Netevia Light POS application and PAX Technology’s Android-based interactive smart payment terminals offers a robust and flexible state-of-the-art solution to help merchants seamlessly transact across multiple touch points, providing a convenient way of doing day-by-day operations thru a modern, self-explainable user interface and user experience.

• Easy setup
• All-in-one platform
• Fully compliant cloud-based solution
• Real-time reporting
• Smart inventory management
• Tip adjustment
• Discounts and loyalty management
• Client management
• Invoicing
• On screen signature
• Complete back office solution via Netevia HQ

Existing PAX Technology clients can download the Netevia Light POS application via the smart terminal by PAX Technology without the need for additional hardware and thereafter follow the configuration wizard to get their business up and running. Similarly, Unified Payments clients have effortless access to the Smart Terminals by PAX Technology, empowering them with greater payment capabilities.

As part of Unified Payments’ comprehensive offerings, merchants can take advantage of the Unified Payments cash discount program as well as other innovative programs that help merchants reduce fees and expenses and increase sales.

“Mobile payments market is growing rapidly and we are taking advantage of this trend by launching our proprietary software on multiple mobile touch points including PAX Technology smart terminal platform,” commented Vlad Sadovskiy, President of integrated payments for Net Element. “Our robust application and PAX’s powerful hardware will enable business owners to process payments with greater ease and more flexibility than ever before.”

Click here for the full text release.