Net Element, Inc. (NASDAQ: NETE) Subsidiary to Handle Payments for International Mobile Network Operator

Now that the internet girdles the entire globe, Net Element, Inc. (NASDAQ: NETE), with its innovative range of electronic payment solutions, has made the world its oyster. The global mobile payments and transactional processing provider is based in North Miami Beach, Florida, but its customers are halfway around the world. The company recently announced that V-Tell, an international mobile operator with offices in The Netherlands and Russia, has signed up for its services. The deal will showcase Net Element’s capabilities as a global payment acceptance platform facilitating cross-border transactions through a comprehensive range of services that includes an on-boarding interface, an extensive suite of fraud protection solutions, data analytics and reporting tools.

According to the press release (http://nnw.fm/1wM3G), Net Element will begin providing payment acceptance services, through its PayOnline subsidiary, to V-Tell. PayOnline offers a fully integrated, processor-agnostic ecommerce platform that is capable of handling a variety of transaction processing tasks. Features include payment acceptance, processing, risk prevention and payment security via…

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