NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Announces Launch of Loyalty Program for Merchants

Net Element, Inc. (NASDAQ: NETE) announced this morning that its PayOnline subsidiary is now offering a loyalty program to its merchants. This new program provides clients access to valuable special offers and discounts for business services they are likely using, such as SEO, digital telephony, website hosting, fulfillment, and more. Companies participating in the loyalty program include Livetex, CoMagic, VertComm, Trilan, ISPserver, UiS and ExpressRMS. “Payment is at the heart of any online company, but by providing access to a select few business service providers PayOnline is aiming to become a gateway for merchants starting or developing their business,” stated Marat Abasaliev, CEO of PayOnline.

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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.

About NetworkNewsBreaks

NetworkNewsBreaks (NNB) provide a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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