NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Enters Partnership to Launch VIP Payments Targeting the Hospitality Industry

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, announced a partnership between the company’s subsidiary Unified Payments and VIP Systems to launch VIP Payments, a seamless payment processing offering targeting the growing travel and hospitality industry. VIP Systems is an advanced technology integrator in the hospitality industry that is the preferred choice of Marriott International, Choice Hotels International, Simon Property Group and Hotwire Communications among many others. Unified Payments’ turn-key hospitality solution comprises of the necessities for businesses to accept payments in a multi-channel environment, including online and mobile solutions as well as the integration to Property Management Systems (“PMS”) and fully integrated smart point-of-sale (“POS”) devices. In addition to multi-channel payment acceptance and seamless integration to most industry related software and POS solutions, benefits of VIP Payments will also include multi-currency payments acceptance, online reporting and same-day settlements, to name a few. “We are excited to partner with VIP Systems to launch seamless payments acceptance for the travel and hospitality industry,” Vlad Sadovskiy, president of integrated payments for Net Element stated in the news release. “VIP Systems is a leading technology integrator with vast experience deploying complex point of sale solutions for some of the biggest brands in the travel and hospitality industry; adding payments to its offerings will create new revenues for VIP Systems and enable us to create more guest-centric value-added offerings.”

To view the full press release, visit http://nnw.fm/BX5do

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 U.S. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. 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. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com

More from NetworkNewsBreaks

NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) in Formal Negotiations to Acquire Premier CBD Oil Company NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Olllague Drill Program Continues to Show Promising Lithium Grades NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Application to Uplist to OTCQB Venture Market

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content 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.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

New Nevada attorney general: Background check law a priority

Dec 17, 2018

LAS VEGAS — Nevada's new attorney general wants to find a way to implement a stalled, voter-approved gun background check law when he takes office early next year after his predecessor said the measure couldn't be enforced. Democrat Aaron Ford, in an interview with The Associated Press, said he'd also be supportive of other gun-safety measures that come out of the state's Democratically controlled Legislature. Gun safety is a prominent topic in the state where a gunman opened fire last year on an outdoor music festival, killing 58. Ford, a 46-year-old attorney and outgoing state Senate majority leader, noted Friday...

Trump club is in tax break zone, but is unlikely to benefit

Dec 17, 2018

NEW YORK — President Donald Trump's company owns a golf club in an Opportunity Zone offering developers massive tax breaks, but experts say it is unlikely it could take advantage of them. The Trump National Golf Club outside Philadelphia is in one of the nation's nearly 9,000 high-poverty areas offering the breaks to spur investment, create jobs and lift incomes. But the federal law that set up the program bans "sin businesses" from benefiting, and specifically cites golf courses and country clubs along with massage parlors and racetracks in a list of examples. The 365-acre course in the southern New...

J&J hammered by report it knew of asbestos in baby powder

Dec 17, 2018

NEW YORK — Johnson & Johnson on Friday forcefully denied a media report that it knew for decades about the existence of trace amounts of asbestos in its baby powder. The report by the Reuters news service sent the company's shares into a tailspin, suffering their worst one-day sell-off in 16 years. Reuters cited documents released as part of a lawsuit by plaintiffs claiming that the product can be linked to ovarian cancer. The New Brunswick, New Jersey company has battled in court against such claims and on Friday called the Reuters report "one-sided, false and inflammatory." Johnson & Johnson's...

Trump lawyer seeks to send emoluments case to appeals court

Dec 17, 2018

WASHINGTON — A lawyer for President Donald Trump filed papers on Friday asking that a lawsuit accusing the president of profiting from his office be taken out of the hands of a Maryland federal judge and sent to a federal appeals court. Trump's personal attorney, William Consovoy, requested the move to the 4th U.S. Court of Appeal in Richmond, Virginia, following recent rulings by U.S. District Judge Peter J. Messitte that allowed subpoenas seeking material from Trump businesses and other entities. The lawsuit brought by the attorneys general of Maryland and the District of Columbia alleges that foreign and domestic...

Markets Right Now: S&P 500 sinks to lowest level since April

Dec 17, 2018

NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended the week with a steep loss on Wall Street as the S&P 500 dropped to its lowest level since April. The benchmark index is now down almost 3 percent for the year. New concerns about slowing growth in China as well as growing disarray surrounding plans for Britain to exit the European Union put investors in a mood to sell Friday. Johnson & Johnson plunged 10 percent after Reuters reported that the company has known since the 1970s that its talc baby powder...

Emporium Post fulfils the need to know all things about consumers and how businesses can take this opportunity to reach their own customers.

Contact us: sales@emporiumpost.com

Join our mailing list now!