Net Element's Proprietary Value-Added Services Gain Traction
Net Element, Inc. (NETE)
Last net element, inc. earnings: 11/14 08:30 am
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netelement.com
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Source: GlobeNewswire
Processing volumes for proprietary value-added solutions increased 140% during the first nine months of 2019 over the same period last year MIAMI, FL, Oct. 03, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) ("Net Element" or the "Company"), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point-of-sale (POS), e-commerce and mobile devices, today announces that its proprietary value-added solutions continued to gain traction showing an increase of 140% in processing volumes for the first nine months of 2019 as compared to the same period last year. Total processing volumes from value-added services increased to $50.9 million for the first nine months of 2019 from $21.16 million for the same period last year. The increase in processing volumes is due to the successful implementation of the Company’s organic growth strategy which includes adding a specialized direc
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