Net Element launches a blockchain-based multichannel payment acceptance application as part of its Netevia platform

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Net Element (NASDAQ: NETE) announced it has launched its blockchain-based multichannel payment application. As mentioned in the press release: The application of payment acceptance Cryptocurrency fully compliant and secure is part of Netevia, a multi-channel payment platform ready for the recently launched features that connects and simplifies payments through a single point of integration by increasing the economic efficiency of all … Continue

Net Element (NASDAQ: NETE) announced it has launched its blockchain-based multichannel payment application.

As quoted in the press release:

It is part of the application for acceptance of Cryptocurrency payments fully compliant and secure Netevia, a multichannel payment platform ready for the recently launched features that connects and simplifies payments through a single point of integration, while increasing the economic efficiency of all transactions carried out within the ecosystem . This model integrates Net Element's ability to operate in a multi-channel environment, including POS, e-commerce, mobile devices and blockchain technology solutions.

Retailers and service providers have generally fought with inefficient and costly payment mechanisms that have not kept pace with global trade. The Netevia platform supports the use of cryptocurrency as a payment method in a multi-channel trading environment, including smart Poynt and PAX payment terminals, e-commerce, in-app payment or online payment modules that combine card payment methods credit and cryptocurrency in a single simplified interface. Developers can use the Netevia API's payment mechanism to add cryptocurrency acceptance features as-is or create new ones to meet their needs using Netevia's intuitive development center.

"In recent years, blockchain technology has revolutionized the world of payments thanks to its decentralization, its economy and its convenience", commented Vlad Sadovskiy, president of integrated payments for Net Element. "The addition of a cryptocurrency payment acceptance option to our Netevia platform continues our tradition of innovation while fueling global trade."

Click here to read the full press release.

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