360° Coverage : Net Element and PAY.ON Launch Transactional Services Platform in...

11 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...

Filed under: news

YouTube Videos

 
 
 

44 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

 
Update
11

12 minutes ago

Commercial Real Estate, There's Now Software For You, Too

Aug 21 2014 12:52pm CDT | Source: Forbes Real Time

It's time for commercial real estate to get the tech startup treatment, ready or not. New York startup Hightower is raising cash fast to roll out its software that the company claims can finally improve the workflow of the insulated and arcane world of commercial leasing. Real estate, es ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
10

24 minutes ago

Canadian real estate firm opens South Florida office in newly acquired building

Aug 21 2014 12:40pm CDT | Source: South Florida Business Journal

ICM Realty Group will open its first South Florida office in a building it recently acquired in Delray Beach. The Calgary, Alberta-based company paid $8 million for the 53,843-square-foot Congress Office Park in a deal brokered by CBRE’s Dominic Montazemi. The seller was C&C Congress Investors, an affiliate of Miami-based Grover & Corlew, and it obtained a nice premium over the $4.25 million it paid for the building, at 22 ...
Source: South Florida Business Journal   Full article at: South Florida Business Journal
 

 
Update
9

37 minutes ago

Retailers offer online paths to back-to-school savings

Aug 21 2014 12:26pm CDT | Source: Mercury News

This season, stores are offering new services and apps to cater to time-starved, smartphone-savvy parents to help them save time and money du ...
Source: Mercury News   Full article at: Mercury News
 

 
Update
8

1 hour ago

The Ten Most Desirable Video Game Companies to Work For

Aug 21 2014 11:27am CDT | Source: Forbes Real Time

With the explosive growth of the gaming industry, especially in recent years, new graduates are flooding into the field with stars in their eyes, hoping to create the next indie darling or blockbuster mega-hit. It's a tough business with long hours and high expectations, and there are plenty of lessons ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
7

2 hours ago

Using Local Cigarette Taxes For Schools Is Silly

Aug 21 2014 10:43am CDT | Source: Forbes Real Time

There is an ill-conceived proposal in Pennsylvania to allow Philadelphia to impose a cigarette tax and us ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
5

2 hours ago

Russian tycoon Zyuzin cuts pledged Mechel's shares to 27%

Aug 21 2014 10:40am CDT | Source: PRIME

MOSCOW, Aug 21 (PRIME) -- Cyprus-based companies of main Russia’s metals and mining group Mechel’s shareholder Igor Zyuzin decreased the number of the company’s shares pledged as collateral to 27% from 47%, as seen by PRIME in the company’s mate ...
Source: PRIME   Full article at: PRIME
 

 
Update
4

2 hours ago

7 Simple Steps College Students Should Take To Build Financial Literacy And Responsibility

Aug 21 2014 10:38am CDT | Source: Forbes Real Time

One in six American teenagers are unable to make simple decisions about everyday spending. Let's c ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
3

2 hours ago

Arvind takes franchise of 'The Children's Place'

Aug 21 2014 10:28am CDT | Source: Business Standard

The Children's Place will be the first of its kind Children's retail format in ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
2

2 hours ago

Crunching The Numbers: 6 Back-to-School Calculators That Will Help You Save

Aug 21 2014 10:25am CDT | Source: Forbes Real Time

With these online tools, you can run the numbers on the cost of school supplies, discern the real value of a ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
1

3 hours ago

Russian tycoon Zyuzin cuts pledged Mechel's shares to 27%

Aug 21 2014 9:51am CDT | Source: PRIME

MOSCOW, Aug 21 (PRIME) -- Cyprus-based companies of main Russia’s metals and mining group Mechel’s shareholder Igor Zyuzin decreased the number of the company’s shares pledged as collateral to 27% from 47%, as seen by ...
Source: PRIME   Full article at: PRIME
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

US doctor with Ebola to be released from hospital
Washington, Aug 21 (IANS) An American doctor who contracted the Ebola virus disease while treating patients in West Africa will be discharged from a US hospital Thursday, the aid group he worked for said.
 
 
Bengal, Singapore to work on study paper on business: Mamata
Singapore, Aug 21 (IANS) The West Bengal government, in association with the National University of Singapore, will create a study paper with focus parameters to facilitate entrepreneurs, Chief Minister Mamata Banerjee said Thursday.
 
 
IS dubbed biggest threat to journalists (Roundup)
Cairo, Aug 21 (IANS) As condemnation of the beheading of American scribe James Foley by the Islamic State (IS) Sunni extremist organisation continued to pour in, the Committee to Protect Journalists (CPJ) Thursday warned that the terror outfit operating in Syria and Iraq is one of the biggest threats to journalists.
 
 
Islamic State biggest threat to our profession: Scribe panel
Cairo, Aug 21 (IANS/EFE) Following the beheading of US reporter James Foley, the Committee to Protect Journalists (CPJ) has warned that the Islamic State (IS) Sunni extremist organisation operating in Syria and Iraq is one of the biggest threats to journalists.
 
 
 

Latest from the Network

Wife charged for Sikh man's murder in New Zealand
Wellington, Aug 21 (IANS) The Sikh community in New Zealand's Auckland is shocked by the revelation that the wife of a Sikh man, who was murdered Aug 7 in his car, is an accused, media reported. Amandeep Kaur, 31, and...
Read more on Politics Balla
 
IS video shows dozens of Yazidis converting to Islam
Cairo, Aug 21 (IANS/EFE) The Islamic State (IS) Sunni extremist organisation, based in Iraq and Syria, Thursday released a video showing dozens of members of the Yazidi minority religious community converting to Islam...
Read more on Politics Balla
 
US doctor with Ebola to be released from hospital
Washington, Aug 21 (IANS) An American doctor who contracted the Ebola virus disease while treating patients in West Africa will be discharged from a US hospital Thursday, the aid group he worked for said. Franklin...
Read more on Business Balla
 
Bengal, Singapore to work on study paper on business: Mamata
Singapore, Aug 21 (IANS) The West Bengal government, in association with the National University of Singapore, will create a study paper with focus parameters to facilitate entrepreneurs, Chief Minister Mamata Banerjee...
Read more on Politics Balla
 
Parliament backs Sharif, Imran flays US at protest (Roundup)
Islamabad, Aug 21 (IANS) Parliament rallied behind Prime Minister Nawaz Sharif Thursday as an unrelenting opposition leader Imran Khan warned the US not to interfere in Pakistan's domestic politics. Many thousands of...
Read more on Politics Balla
 
Sikh community shocked after wife charged for husband's murder
Wellington, Aug 21 (IANS) The Sikh community in New Zealand's Auckland is shocked by the revelation that the wife of a Sikh man is a co-accused in her husband's murder, media reported. Amandeep Kaur, 31, and her...
Read more on Politics Balla
 
British Indian woman jailed for duping elderly in Britain
London, Aug 21 (IANS) A British Indian woman has been jailed for a series of frauds targeting elderly pensioners in Britain, media reported. Rajbir Sangha, 59, pleaded guilty to five counts of fraud involving 4,041...
Read more on Politics Balla
 
IS dubbed biggest threat to journalists (Roundup)
Cairo, Aug 21 (IANS) As condemnation of the beheading of American scribe James Foley by the Islamic State (IS) Sunni extremist organisation continued to pour in, the Committee to Protect Journalists (CPJ) Thursday...
Read more on Ad Balla
 
Ciara had 'clear evidence' Future cheated
Ciara had ''clear evidence'' Future had cheated on her. The 'I'm Out' singer recently split from her fiance, just three months after they welcomed son Future Jr. into the world, and insiders say she felt ''betrayed''...
Read more on Celebrity Balla
 
Lady Gaga supplied on wigs for film
Lady Gaga brought her own wigs to the set of 'Sin City: A Dame to Kill For'. The movie sequel's director Robert Rodriguez - who previously worked with the eccentric singer on 'Machete Kills' - was desperate for the '...
Read more on Celebrity Balla