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

Gilberto Benetton, a founder of fashion brand, dies at 77

Oct 23, 2018

MILAN — Gilberto Benetton, one of the four founding siblings of the iconic Benetton fashion brand known as much for its provocative ad campaigns as its colorful knitwear, died Monday evening at age 77, his family announced. The family said Benetton's wife, Lalla, two daughters, Barbara and Sabrina, and son-in-law Ermanno were by his side at his home in the northern city of Treviso, near where the fashion company is based. The news agency ANSA said he had suffered an undisclosed illness. . Gilberto, along with siblings Carlo, Luciano and Giuliana, founded Benetton as knitwear company in 1965, transforming it...

Birth of a new Ukrainian church brings fears of violence

Oct 23, 2018

KIEV, Ukraine — The rough-looking young men brought clubs and brass knuckles to the Pechersk Monastery in Kiev , one of Orthodox Christianity's most important pilgrimage sites, apparently seeking to disrupt worship. Police spread-eagled them against a wall decorated in faded centuries-old frescos of solemn saints, then hauled them away. On the other side of the dispute, at a small church in the center of Kiev, a dozen men organized round-the-clock guard duty, worried that nationalist radicals might make their third attempt in a year to seize the place of worship. The incidents a week ago underline the tensions in...

Cyprus airline Cobalt halts flights amid lack of investment

Oct 23, 2018

NICOSIA, Cyprus — Cyprus-based airline Cobalt Air suspended its operations indefinitely after failing to find new investors to keep it in flight, officials said Thursday. As stranded passengers scrambled to find alternate flights, Cyprus' government said it would compensate Cobalt Air ticketholders who end up with other carriers to get to and from the Mediterranean island. The Cypriot transport ministry said in a statement that passengers would be compensated for one-way, economy class tickets on other carriers up until Oct. 24. Cypriot travel agencies Orthodoxou Travel and Top Kinisis were authorized to book return flights. "We feel the need to...

'Malnourished' animals report prompts Albania zoo closure

Oct 23, 2018

MBROSTAR, Albania — A report claiming lions and other animals were left malnourished at a private zoo in Albania has prompted Albanian authorities to order the zoo's temporary closure. Environment Minister Blendi Klosi ordered the immediate inspection and removal of the animals from the Safari Zoo Park resort following a report in Britain's Daily Mail Tuesday with photos showing a lion with an eye infection and other apparently malnourished animals in iron cages. But Ardjan Koci, a conservation official, said a recent inspection found all animals at the zoo in Mbrostar, 100 kilometers (60 miles) south of the capital Tirana,...

Basking in the Tuscan Sun

Oct 23, 2018

CORTONA, Italy — After my breast cancer diagnosis and as I was going through what would be more than a year of treatments that included chemotherapy and radiation, I vowed I would return to Italy. Both sets of my grandparents emigrated from there, and I always turned to Italy as a source of comfort. At first, I wasn't sure what part of Italy I would travel. The last time I was there was in 1998. But when my sister and brother-in-law invited me for a one-week stay at a villa in Cortona in Tuscany, I knew my plans were set....

Sign up now!

The Healthier Web delivers accurate and up-to-date health information through medical content and insights from experts. Feel the ‘ohm’ here in The Healthier Web.

Contact us: sales[at]thehealthierweb.com