1 Updates

Net Element and PAY.ON Launch Transactional Services Platform in Russia

Oct 17 2013, 3:37am CDT | by PR.com

Value-Added Transactional Services Platform Will Allow Innovative Transactional Solutions to be Launched in the Growing Region.

Munich, Germany, October 17, 2013 --(PR.com)-- Net Element International (NASDAQ: NETE), a technology-driven group specializing in mobile payments and value-added transactional services in emerging...

Filed under: news

Full Story below YouTube Videos

 
 

 

26 weeks ago

Net Element and PAY.ON Launch Transactional Services Platform in Russia

Oct 17 2013, 3:37am CDT | by PR.com

Value-Added Transactional Services Platform Will Allow Innovative Transactional Solutions to be Launched in the Growing Region.

Munich, Germany, October 17, 2013 --(PR.com)-- Net Element International (NASDAQ: NETE), a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries, is pleased to announce the launch of "TOT Platform" - a value-added transactional services platform. Launched in partnership with PAY.ON, the world's leading operator of multi-channel payment infrastructure systems, TOT Platform will be the first offering of its kind in the region and will allow Net Element's subsidiary TOT Group to offer its client-base innovative solutions in mobile payments and transactional services.

TOT Platform is a high-performance transaction processing platform that complies with security standards and requirements applicable to the international payments market. The launch of TOT Platform will enhance TOT Group's suite of value-added, innovative technologies and services in emerging markets.

Commenting on the launch, Oleg Firer, Net Element's chief executive officer said, "The announcement of TOT Platform further demonstrates Net Element's commitment to creating innovative and practical solutions for emerging markets that function as fully integrated operations and marketing tools for TOT Group's clients and partners." Konstantin Zaripov, CEO of TOT Group Russia added "We are the first company in the region to offer this level of compatibility and capability -- and an entire suite of solutions are in development in the mobile payments and transactional services sector."

"We are delighted to be furthering our partnership with TOT Group and specifically the TOT Platform suite of products," said Markus Rinderer, CEO of PAY.ON AG. "PAY.ON's multichannel payment infrastructure will provide TOT Group with the scalable platform to further develop and introduce innovative, value-added solutions to its clients."

While Russia is the first region to be activated, this same solution will be deployed throughout the worldwide emerging market regions that are supported by PAY.ON's infrastructure. PAY.ON's systems will be combined with TOT Group's industry-specific set of solutions including Aptito - Net Element's, next generation, cloud-based point-of-sale payments solution.

About PAY.ON:
PAY.ON AG is the world's leading operator of multi-channel payment infrastructure systems and supplier of the white-label platform PaySourcing and the routing gateway PayPipe. PaySourcing makes it possible for customers to outsource all relevant payment and risk management processes or procure them via cloud computing and thus become a payment service provider themselves whilst saving money, time and resources. PayPipe is a high-performance payment gateway that connects all payment market participants with each other across the world via a single interface. Accordingly, PayPipe accelerates global availability for all market participants like no other network. PayPipe allows transactions to be processed online for all payment methods in all currencies and across all systems. All PAY.ON systems guarantee compliance with the security and requirements standards that apply to the international payment market. Further information can be found at www.payon.com.

Press contact PAY.ON AG:
Annett van de Bunt
Head of Marketing
Tel.: +49 (0)89 4523 0552
Email: press@payon.com
www.payon.com

Contact Information:
PAY.ON AG
Wilhelm Fuchs
498945230562
Contact via Email
http://www.payon.com/
Grillparzerstr. 18
Munich
Bavaria
press@payon.com

Read the full story here: http://www.pr.com/press-release/521884

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

The Other Important Number In The President's Obamacare Briefing: 24
President Obama was triumphant on Thursday. After facing months of questions over whether the White House would hit its goal of 7 million Obamacare sign-ups, the president had the latest enrollment data in hand—and it...
 
 
It's Good to Be King: LeBron James Tops 2014 Top-Selling NBA Jerseys
We haven’t crowned a winner for the 2014 NBA Championship, but we know who the king is when it comes to jersey sales. For the sixth time, Miami Heat power-forward LeBron James tops the NBA most-popular jersey list based...
 
 
The L.A. Clipper Miracle... Next: Democracy Will Break Out in Russia?
The Lakers are dead as Moses. The Clippers, who finished 11 games ahead of them last season and 30 in this one, are No. 3 seeds in the NBA’s Western draw, meaning they’ll be favored to stay alive for the next three or...
 
 
12 Reasons Why New Zealand's Economic Bubble Will End In Disaster
New Zealand’s economy has been hailed as one of world’s top safe-haven economies in recent years after it emerged from Global Financial Crisis relatively unscathed. Unfortunately, my research has found that many of...
 
 
 

Latest from the Network

Taylor Momsen loves New York
Taylor Momsen needs "grit" in her life. The Pretty Reckless singer tries to stay out of the limelight by living in New York where she can "hide" and claims she has never really "cared" about mixing with celebrities. She...
Read more on Celebrity Balla
 
Leighton Meester praises Adam Brody
Leighton Meester thinks her new husband Adam Brody is "incredible." The former 'Gossip Girl' star, who tied the knot with the actor in a secret ceremony in February after meeting him on the set of their film 'The...
Read more on Celebrity Balla
 
The Other Important Number In The President's Obamacare Briefing: 24
President Obama was triumphant on Thursday. After facing months of questions over whether the White House would hit its goal of 7 million Obamacare sign-ups, the president had the latest enrollment data in hand—and it...
Read more on Business Balla
 
It's Good to Be King: LeBron James Tops 2014 Top-Selling NBA Jerseys
We haven’t crowned a winner for the 2014 NBA Championship, but we know who the king is when it comes to jersey sales. For the sixth time, Miami Heat power-forward LeBron James tops the NBA most-popular jersey list based...
Read more on Business Balla
 
The L.A. Clipper Miracle... Next: Democracy Will Break Out in Russia?
The Lakers are dead as Moses. The Clippers, who finished 11 games ahead of them last season and 30 in this one, are No. 3 seeds in the NBA’s Western draw, meaning they’ll be favored to stay alive for the next three or...
Read more on Business Balla
 
12 Reasons Why New Zealand's Economic Bubble Will End In Disaster
New Zealand’s economy has been hailed as one of world’s top safe-haven economies in recent years after it emerged from Global Financial Crisis relatively unscathed. Unfortunately, my research has found that many of...
Read more on Business Balla
 
Britney Spears' dad wants her to stay single
Britney Spears' father reportedly doesn't want her to get married again. The 'Perfume' hitmaker, who broke of her engagement to her former agent, Jason Trawick, in January 2013, is desperate to tie the knot with her...
Read more on Celebrity Balla
 
The Singular Secret For A Leader's Success: Self-Awareness
The National Advisory Council of a prestigious west coast business school was asked what single quality they thought would be most valuable for their graduates to acquire as they graduated.  The answer was self-...
Read more on Business Balla
 
Toby Keith's I Love This Bar & Grill Hit With Tax Warrant
In 2003, country singer Toby Keith went all the way to #1 with his mega-hit, “I Love This Bar.” The incredible popularity of the song inspired a chain of restaurants called Toby Keith’s I Love This Bar & Grill with...
Read more on Business Balla
 
What If Doctors Could Finally Prescribe Behavior Change?
This guest article is by Sean Duffy, CEO and Co-Founder, Omada Health Three out of four Americans will die of a disease that could be avoided—if only they could re-route their unhealthy habits. A new category of...
Read more on Business Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla