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Home » NetworkNewsBreaks » NetworkNewsBreaks ? Net Element, Inc. (NASDAQ: NETE) Acquires Cash Flow Portfolio from Argus Merchant Services, LLC and Treasury Payments, LLC
NetworkNewsBreaks ? Net Element, Inc. (NASDAQ: NETE) Acquires Cash Flow Portfolio from Argus Merchant Services, LLC and Treasury Payments, LLC
Unternehmen: Net Element, Inc. (NETE)
Dezember 27, 2018
Net Element (NASDAQ: NETE) this morning announced the acquisition of certain transactional services portfolio (cash flow) assets from Argus Merchant Services, LLC and Treasury Payments, LLC. The global technology and value-added solutions group, through its subsidiary Unified Portfolio Acquisitions, acquired the assets for a total of $1.42 million. The cash flow assets are anticipated to produce more than $4 million in gross profits over the next four years, with continued profits to follow. Argus? total billing commitment to NETE?s Unified Payments subsidiary is projected to create more than $19 million in gross margin over the next five years. ?The transactional services portfolio acquisition takes our relationship with Argus and Treasury to the next level. This acquisition will build real value for the future of our respective companies,? Vlad Sadovskiy, president of integrated payments for Net Element stated in the news release. ?We are excited to see a significant commitment from Argus which is expected to add over $19 million in gross margin to the company over the next 5 years.? Um die vollständige Pressemitteilung zu sehen, besuchen Sie http://nnw.fm/tKPI6
Dezember 28, 2018 NETE platforms offer one-stop omni-channel processing solution with 100-plus payment options E-commerce expected to become largest retail channel in the world by 2021 Consumers quickly migrating toward omni-channel shopping, with up to 80 percent of shoppers planning to buy online during 2018 holiday season Online retail sales jumped 19.1 percent in 2018 over 2017 with U.S. retail sales totaling more than $850 billion Growth in North American market drove Net Element?s net revenue up nine percent Net Element, Inc. (NASDAQ: NETE), a global financial technology and value-added solutions provider that supports electronic payments in an omni-channel environment, is meeting the needs of businesses and consumers alike as the world?s retail environment continues to move more completely online. From mobile payments and value-added transactional innovations such as Digital Provider and Aptito to e-commerce and retail payment transaction processing brands like PayOnline and United Payments, Net Element is transforming the online and mobile experience for the better (http://nnw.fm/5V4Rg).
Forrester Research Inc. notes an increasing shift of business-to-business purchasing to e-commerce from more traditional forms of buying, with B2B online commerce in the United States expected to reach $9 trillion in total sales this year (http://nnw.fm/e7jpL). Consumers are also moving more of their purchases solely online, with retail online sales in 2018 jumping 19.1 percent over the previous year, according to Fortune magazine (http://nnw.fm/s1SM6).
Net Element, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business as well, according to a company news release. Ranked by Deloitte?s Technology Fast 500 as one of North America?s 500 fastest-growing companies in 2018, Net Element grew by 183 percent during the time period of recognition (http://nnw.fm/rUki5). Unified Payments, a brand of leading bankcard payment processing services under the NETE umbrella, is a particularly noteworthy contributor to the company?s overall growth. Unified Payments provides solutions for small and medium-sized enterprises throughout North America.
?We are excited to be recognized by Deloitte for our growth over the past three years. This is further affirmation that our approach to the reseller community levels the playing field and increases recurring sales for Unified Payments,? Net Element president of integrated payments Vlad Sadovskiy stated in a news release.
E-commerce is expected to become the largest retail channel in the world by 2021, according to Euromonitor International, outpacing sales through retail outlets, as detailed in a recent Forbes article (http://nnw.fm/Khov3). Net Element?s recent announcement to bundle Netevia Light Point-of-Sale (?POS?) mobile payments acceptance software in PAX A920 and A80 smart terminals developed by PAX Technology is seen as a robust solution to market demands (http://nnw.fm/M02ul).
?The mobile payments market is growing rapidly, and we are taking advantage of this trend by launching our proprietary software on multiple mobile touch points including PAX Technology smart terminal platform,? Vlad Sadovskiy, president of integrated payments for Net Element, stated in a news release. ?Our robust application and PAX?s powerful hardware will enable business owners to process payments with greater ease and more flexibility than ever before.?
Net Element?s suite of application programming interfaces (APIs) and connectors power commerce for businesses of all sizes through multi-channel platforms, all-in-one digital solutions and end-to-end encryption of cardholder data utilizing tamper-resistant hardware that ensures integrity and simplifies security.
NetworkNewsWire Beiträge sind keine News, sondern nur Propaganda. Die News bringt NETE als PR, wie jede andere Firma auch.
Die wesenliche Frage ist zur Zeit: Warum kauft sich Nete mit dem Geld aus Kapitalerhöhungen, von Investoren zum Zweck der Innovation des Unternehmens bereitgestellt, seit Sommer einfach irgendwelche Umsatzeinnahmen. Gleichzeitig steigen die Transaktionsvolumen weiterhin um 40%, während die eigenen Umsätze total eingebrochen sind?
Die Einkäufe von Umsätzen könnte ich mir noch damit erklären, dass sie unbedingt Richtung schwarze Null kommen wollen, was Firer früher absolut verpöhnt hatte. Als Investor, der die Kapitalerhöhung mit über $11 per share bedient hatte, wäre ich jedoch stinksauer.
Ungeklärt ist weiterhin die Diskrepanz in der Entwicklung der Transaktionen und des Umsatz!!!
Finde hierauf eine Erklärung, statt ständig mit unnötigen Riesen-Texten zu bombardieren.
es gibt User die können die FB Texte sonst nicht öffnen und lesen, dafür mache ich das auf besonderen Wunsch und da hier ja nicht soviel los ist, sollte das doch nicht stören. Und ich habe auch nicht von News gesprochen ;-)
Die Firmen, die Nete diese Umsätze für Einmalbeträge verkaufen, sind ja auch nicht blöd. Auch wenn NETE diese Abschlüsse super darstellt: zig Millionen in 4 Jahren und folgende Jahre für einmalige 1,xxMio!
-Gibt es die noch in "ein paar Jahren"??? -Wenn ja, warum machen die das? Wollen sie sich selbst ruinieren?
#1981 geht in Ordnung #1982 warum so hart? Auch wenn ich zur Zeit wegen meiner Fragen hier nicht investiert bin, bin ich immer an Nete dran. Die ungeklärten Dinge hier beschäftigen mich einfach. Deswegen muss ich doch nicht verschwinden.
Asset Acquisitions Grant New Potential to Payment Technology Developer Net Element, Inc. (NASDAQ: NETE)
Januar 7, 2019
Net Element transaction with Argus Merchant Services and Treasury Payments leads to expectations of added gross profits in next four years
E-commerce expected to command larger share of sales revenues than brick-and-mortar retail by 2022
Net Element technologies adaptable to wide variety of mobile and online business needs
World finance technology innovator Net Element, Inc. (NASDAQ: NETE) is building its own capital potential as well as that of its customers, announcing recently that it has acquired cash flow assets that are expected to generate well over $4 million in gross profits over the next four years and continued profits thereafter. The $1.42 million transaction through subsidiary Unified Portfolio Acquisitions is a step forward in the company?s five-year partnership with credit and debit card payment processing platforms Argus Merchant Services, LLC and Treasury Payments, LLC, both under the direction of Argus President Jacob Shimon. Additionally, Argus? total billing commitment to Net Element?s Unified Payments subsidiary is expected to generate over $19 million in gross margin during the next five years, according to a news release issued by the company (http://nnw.fm/A6Bgf). ?The unprecedented support and commitment we have received from Net Element has not only helped us grow our business, but also establish strategic partnerships with our ISO?s and agents. We feel confident that this transaction will boost our continued growth and establish a strong leading presence in the market,? Eugene Gold, managing partner of Argus Merchant Services and CEO of WOW Payments, stated in the news release. Net Element focuses its payments as a service model on the needs of small- to medium-sized enterprises in the United States and select emerging markets. The company provides point of sale support to restaurants and retailers through its Aptito technological solution (http://nnw.fm/se4MT), to hotel and tourism industry enterprises through its VIP Payments platform (http://nnw.fm/3eK3f) and to kiosk and truck vendors through its Unified Mobile Payments (http://nnw.fm/oBS8y). It also adds online B2B e-commerce services for brick and mortar storefronts through Netevia (http://nnw.fm/yLq2z). Worldwide commerce continues to increase its level of transaction online and through networked mobile devices. Market researcher Euromonitor International forecasts that it will grow exponentially by 2022 to become a larger channel than traditional grocery retail (http://nnw.fm/8JGhB), even though it currently commands less than a quarter of that market share, according to Shopify.com (http://nnw.fm/y5QV8). The success of e-commerce businesses will depend on their ability to manage multiple channels of customer engagement ? the widely varying means by which potential clients gain information about what a business offers as they shop around. Net Element?s omni-channel PayOnline platform takes a global view of commerce as it aims to deliver flexible solutions to international markets where diverse banking, regulatory and demographic conditions exist. The company recently scaled back its European ventures, but it added a unique development when it announced that it would partner with Sputnik Bank in Russia to provide third-party bank processing to other banks locked into the country?s increasingly outdated legacy systems (http://nnw.fm/4L8bo). ?We believe this is the first bank to provide a wholesale service to other Russian banks and if executed properly could be a huge success,? the company stated in its news release about the partnership. ?In the future, this entity could even be spun off into its own independent fintech company like many of the banks in the U.S. have done.? Für weitere Informationen besuchen Sie die Website des Unternehmens unter www.NetElement.com
Net Element (NASDAQ: NETE), a global technology and value-added solutions group, serves businesses and consumers through its support of electronic payments in an omni-channel environment. An article discussing the company reads, ?Net Element, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business as well, according to a company news release. Ranked by Deloitte?s Technology Fast 500 as one of North America?s 500 fastest-growing companies in 2018, Net Element grew by 183 percent during the time period of recognition (http://nnw.fm/rUki5). Unified Payments, a brand of leading bankcard payment processing services under the NETE umbrella, is a particularly noteworthy contributor to the company?s overall growth. Unified Payments provides solutions for small and medium-sized enterprises throughout North America. ? ?We are excited to be recognized by Deloitte for our growth over the past three years. This is further affirmation that our approach to the reseller community levels the playing field and increases recurring sales for Unified Payments,? Net Element president of integrated payments Vlad Sadovskiy stated in a news release.?