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Net Element's (NETE) PayOnline Opens Office in Kazakhstan

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Net Element's PayOnline Continues Expansion Into Central Asia

September 1, 2016 8:45 AM EDT

MIAMI, FL -- (Marketwired) -- 09/01/16 -- Net Element, Inc. (NASDAQ: NETE) ("Net Element" or the "Company"), a provider of global mobile payment technology solutions and value-added transactional services, today announced its subsidiary PayOnline has opened an office in Kazakhstan. The decision to establish a local Kazakhstan office comes on the heels of the Company's successful organic growth in Central Asia. In addition to the new Kazakhstan office, earlier this year, PayOnline opened a sales office in Yekaterinburg, Russia.

With the growing volume of cashless transactions in Central Asia, PayOnline... More