Net Element, Inc. (NASDAQ: NETE) Provides Innovative Event Industry Payment Solutions, Focuses on New Tech Adoption

The events industry generated over $330 billion in direct sales in 2016, with huge potential for growth in this field Net Element also exploring innovative technologies like blockchain for the purpose of enhancing its payment solution portfolio Company focusing on a partnership and an expansion on the Russian market enabling it to explore new markets that have yet to develop innovative payment solutions

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group, is providing innovative payment solutions for the events industry while also expanding its presence in Russia. The aim of both initiatives is to carve a space in previously underserved niches, according to a company audio press release (http://nnw.fm/5cXxY).

The company is known for its payment-as-a-service transactional services platform targeted at small and medium-sized enterprises. It is operational in the U.S., as well as a number of…

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