Net Element's PayOnline Launches Payment Acceptance for Dating.com
Summary
MIAMI, FL--(Marketwired - Dec 22, 2015) - Net Element, Inc. ( : ) ("Net Element" or the "Company"), a provider of global mobile payment technology solutions and value-added transactional services, today announced that its subsidiary PayOnline has entered into a merchant processing contract and launched payment acceptance services for the popular global online dating network Dating.com. This contract further highlights Net Elements momentum as a global payments-as-a-service platform that facilitates cross-border transactions through a comprehensive range of services that includes single on-boarding interface, extensive suite of fraud protection solutions, data analytics and reporting tools. PayOnlines SaaS-based suite of solutions is PCI-DSS certified and enables merchants to streamline electronic payment acceptance and reduce the scope and burden of PCI compliance. "We will continue applying resources to developing advantages in our payment platform to provide processing and operational support to merchants who are serving customers in multiple regions," commented Oleg Firer, CEO of Net Element. Internationally, Net Elements strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions such as UAE, Kazakhstan, India and Latin America where initiatives have been recently launched.
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