Shares of Net Element (NASDAQ: NETE) are inching higher after the provider of global mobile payment technology said ESET, an international IT security company offering anti-virus and firewall products, has chosen PayOnline to provide secure payment acceptance services in Kazakhstan. The contract demonstrates PayOnline’s growing position as a domestic and international partner for companies looking for a secure payments platform. “Complex technology can be available, understandable and user-friendly. We believe in it and select partners whose values are similar to ours. Accepting payments at ESET online store utilizing PayOnline fully meets our requirements for quality of service and reliability. We are confident in our payment partner and together we can provide our users with reliable protection,” Pavel Brazhnikov, director of Online Projects at ESET, stated in the press release.
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About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant point-of-sale solution Aptito. 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 such as UAE, Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently launched. Further information is available at www.netelement.com.
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