Net Element, Inc. is a financial technology company that provides payment acceptance and transaction processing services across North America, Russia, and the Commonwealth of Independent States. It operates in two segments: North American Transaction Solutions and International Transaction Solutions. The company offers a variety of services that enable merchants to accept and process nearly 100 payment options, including credit, debit, and mobile payments. Key offerings include integrated payment technologies, point-of-sale solutions, fraud management, and analytical tools. Notable products include the Aptito POS platform for hospitality and retail, a mobile POS application, and a zero-fee payment acceptance program for small and medium-sized businesses. Net Element aims to enhance productivity for SMEs in the U.S. while expanding its presence in emerging markets with tailored solutions. Founded in 2004 and based in North Miami Beach, Florida, the company was previously known as Net Element International, Inc. before rebranding in 2013.
Nexcharge, Inc. ("Nexcharge"), a proprietary payment processing, fraud management and merchant management platform. nexcharge transaction processing platform was developed to make it easy for acquiring banks and Payment Service Providers ("PSPs") to connect with merchants in a secure, stable processing environment. It also allows merchants the ability to connect to numerous acquiring banks and PSPs in a convenient fashion without additional application requirements. Once Nexcharge has approved a merchant, that merchant is automatically approved within the network of integrated providers. In most cases the merchant will be unaware of the identity of the acquiring bank assisting with the transactions. The Nexcharge platform has adopted the Payment Card Industry Data Security Standard Level 1 (PCI DSS) with increased controls around cardholder data to reduce credit card fraud via its exposure.
Paystar
Acquisition in 2016
Paystar is a developer of independent payment and transfer systems that partners with banks, financial institutions, marketing companies, and payment operators to deliver comprehensive financial solutions. Founded in 2006 and based in Las Vegas, Nevada, the company enables financial institutions to offer a range of services, including remittance, merchant services, mobile payments, and payroll services, to their customers. As an independent entity, Paystar is not tied to any specific financial institution or mobile network, allowing its services to be accessible to customers regardless of their mobile phone model or network operator. The company adheres to PCI and internationally accepted standards, ensuring compliance with specific regulations in each country where it operates, based on the availability of reliable resources and procedures for user verification.
PayOnline System
Acquisition in 2015
PayOnline is a prominent payment service provider in Russia, specializing in electronic payment solutions for the fintech industry. It offers an online platform that allows merchants to accept payments via credit cards, e-wallets, and mobile devices, ensuring convenience for businesses selling online. PayOnline is recognized for its comprehensive customer support available around the clock, a low incidence of charge-backs, and customizable modules for content management systems (CMS). As one of the top three Internet Payment Service Providers in the Russian market, PayOnline continues to grow rapidly by delivering innovative technology services tailored to meet the needs of its clients.
Quickpay USA
Acquisition in 2013
Quickpay USA specializes in payment processing services, offering a convenient solution for customers to complete transactions without the need for credit cards or bank accounts. The company manufactures Quickpay Machines, which resemble ATMs, and places these terminals in various locations after obtaining necessary permissions from property owners. Quickpay USA ensures that customers save time during their payment processes by handling routine maintenance of the machines and coordinating with service providers. The focus on user-friendly, cash-based transactions allows Quickpay USA to cater to a diverse clientele, enhancing accessibility and efficiency in payment processing.
Aptito
Acquisition in 2013
Aptito offers a comprehensive digital software solution tailored for the hospitality industry, focusing on enhancing the dining experience through technology. The company's platform features customizable digital menus accessible via iPad and Android tablets, integrated with a robust point-of-sale (POS) system. Additionally, Aptito provides tools for real-time reservations, inventory management, and mobile ordering through a smartphone app. By leveraging social media, Aptito enables restaurants to engage with customers more effectively, thereby increasing sales and revenue while gathering valuable market intelligence. This all-in-one approach facilitates a faster, more personalized, and interactive service experience in restaurants, helping them adapt to the digital age.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.