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MIAMI, FL–(Marketwired – Nov 27, 2017) – Net Element, Inc. ( NASDAQ : NETE ) (“Net Element” or the “Company”), a all-around cyberbanking technology and value-added solutions accumulation that supports cyberbanking payments accepting in an omni-channel ambiance spanning beyond point-of-sale (POS), e-commerce and adaptable devices, today appear that its accessory Aptito, LLC (“Aptito”) partnered with Elo, a all-around supplier of touchscreens, to accommodate a avant-garde best-in-class point of auction band-aid for small-to-medium admeasurement merchants. This array provides a absolute band-aid for accomplished dining, quick account restaurants (“QSR”) and retail merchants.

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This avant-garde best-in-class band-aid combines the Elo PayPoint® Plus for iPad®, which appearance congenital peripherals including a barcode scanner, banknote drawer, acclaim agenda reader, chump adverse display, and cancellation printer for use with Aptito POS software for accomplished dining, QSR and retail merchants. With a flip-for-signature iPad advancing tray, shoppers are able to appoint and can alike opt for an cyberbanking cancellation delivery. The PayPoint point of auction arrangement is quick and simple to set up with its distinct cable design, aloof bung in and go. This all-in-one band-aid brings artlessness and avant-garde appearance to the point of sale. The PayPoint belvedere is congenital to last, accustomed for the retail ambiance and comes with a three-year warranty.

Aptito POS software is seamlessly chip with the PayPoint Plus for iPad accouterment absolute advice amid airheaded and restaurant’s interface. The chump acclimation goes anon into the POS system, which after-effects in beneath mistakes and accumulation on activity costs. Aptito POS is additionally advised for affiliation with Intuit QuickBooks and best added above accounting software packages. Aptito POS provides accessible API for affiliation with any online acclimation solutions.

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“Elo and Aptito admit the growing appeal for POS solutions with easy-to-use adaptable architectonics and the configurability of adequate POS systems,” commented Dave Murphy at Elo. “With Aptito software and the PayPoint for iPad, merchants can instantly transform a adequate POS base into an chip solution, in one seamless design.”

Aptito POS is additionally alleged a feature-rich arrangement due to its accessibility from anywhere at any time, so you can be bags of afar abroad and still apperceive what’s activity on at your business. With all-encompassing sales & account reports, a abundant applicant database, activity scheduling, payroll, planning and acclaim agenda processing, Aptito is custom-built to clothing all business needs.

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The software is advised to accommodated the austere industry aegis standards and provides the ultimate band-aid for alluring & application guests.

Besides the accepted apparatus Aptito offers:

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“Aptito is aflame about this new affiliation and sees this avant-garde POS band-aid accepting a lot of acceptance in the accomplished dining, QSR and retail markets,” commented Andrey Krotov, Chief Technology Officer. “The antecedent bureaucracy is absolute quick & accessible — it was advised for a new user to feel adequate abyssal the arrangement aural 15 minutes.”

About EloElo is a all-around baton in touchscreen solutions including point of auction systems and alternate signage displays from 10 to 70 inches. The artist of the touchscreen, Elo now has 20 actor retail and accommodation installations in 80 countries with articles advised in California and congenital to aftermost with a 3-year accepted warranty. The Elo touchscreen acquaintance has consistently stood for quality, believability and innovation. Elo bookish acreage is adequate by all-around patent, brand and architectonics registrations. Learn added about Elo at www.EloTouch.com. Follow Elo on Twitter, Facebook and LinkedIn.

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About Net ElementNet Element, Inc. ( NASDAQ : NETE ) operates a payments-as-a-service transactional and value-added casework belvedere for baby to average action (“SME”) in the U.S. and called arising markets. In the U.S. it aims to abound transactional acquirement by innovating SME abundance casework such as its billow based, restaurant and retail point-of-sale band-aid Aptito. Internationally, Net Element’s action is to advantage its omni-channel belvedere to bear adjustable offerings to arising markets with assorted banking, authoritative and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™ and South Florida Business Journal’s 2016 fastest growing technology companies. Added advice is accessible at www.netelement.com.

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OCR Receipt Scanning and Capture Software | Xtracta – receipt scanning api | receipt scanning api

Forward-Looking StatementsThis columnist absolution contains advanced statements aural the acceptation of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statements independent in this columnist absolution that are not statements of absolute actuality may be accounted advanced statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and agnate expressions are advised to yze such advanced statements. All advanced statements absorb cogent risks and uncertainties that could account absolute after-effects to alter materially from those bidding or adumbrated in the advanced statements, abounding of which are about alfresco the ascendancy of Net Element and are difficult to predict. Examples of such risks and uncertainties whether the arranged POS band-aid will accretion acceptance with barter or will aftereffect in any allowances to the Company. Added examples of risks and uncertainties include, but are not bound to: (i) Net Element’s adeptness (or inability) to access added costs in adequate amounts or on adequate agreement back needed; (ii) Net Element’s adeptness to advance existing, and defended additional, affairs with users of its acquittal processing services; (iii) Net Element’s adeptness to auspiciously aggrandize in absolute markets and access new markets; (iv) Net Element’s adeptness to auspiciously administer and accommodate any acquisitions of businesses, solutions or technologies; (v) hasty operating costs, transaction costs and absolute or accidental liabilities; (vi) the adeptness to allure and absorb able advisers and key personnel; (vii) adverse furnishings of added antagonism on Net Element’s business; (viii) changes in government licensing and adjustment that may abnormally affect Net Element’s business; (ix) the accident that changes in customer behavior could abnormally affect Net Element’s business; (x) Net Element’s adeptness to assure its bookish property; (xi) local, industry and accepted business and bread-and-er conditions; (xii) adverse furnishings of potentially breakable U.S.-Russia relations, including, after limitation, over a battle accompanying to Ukraine, including a accident of added U.S. government sanctions or added acknowledged restrictions on U.S. businesses accomplishing business in Russia. Added factors that could account absolute after-effects to alter materially from those bidding or adumbrated in the advanced statements can be begin in the best contempo anniversary address on Form 10-K, anniversary letters on Form 10-Q and accepted letters on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that consecutive contest and developments may account its plans, intentions and expectations to change. Net Element assumes no obligation, and it accurately disclaims any ambition or obligation, to amend any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise, except as especially appropriate by law.

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