Relationship with V-Tell Further Solidifies Net Element’s (NASDAQ: NETE) Position as Standout Global PaaS Provider

Net Element (NASDAQ: NETE) yesterday said its PayOnline subsidiary has initiated payment acceptance services for international mobile network operator V-Tell. V-Tell will utilize various payment methods offered through the PayOnline platform, such as recurring billing and one-click payment solutions for V-Tell’s website and for its mobile application. V-Tell will additionally utilize the array of topnotch anti-fraud tools available through PayOnline. This newly forged business relationship with V-Tell is further evidence of Net Element’s prowess in offering a global payment acceptance platform that enables cross-border transactions via a full array of services.

Net Element has become a proven entity within the booming payments-as-a-service market, offering mobile payments and value-added transactional services within the United States and emerging countries. Net Element’s international strategy involves leveraging its omni-channel platform to bring flexible options to emerging markets that have varied banking, regulatory and demographic circumstances.

Working with V-Tell is a prime fit in furthering this aim. V-Tell is an international mobile operator engaged in providing services to customers across the globe. Through one V-Tell SIM card, subscribers can have an almost limitless…

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