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Tuesday, 02/14/2017 1:31:53 PM

Tuesday, February 14, 2017 1:31:53 PM

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NETE's Digital Provider Expands Direct Carrier Billing Services into Poland and Turkey

Global payment technology provider Net Element, Inc. (NASDAQ: NETE) this morning announced that Digital Provider has expanded its Direct Carrier Billing (DCB) services into the emerging markets of Poland and Turkey, giving it access to the two markets’ approximately 113.5 million combined mobile users. Digital Provider’s DCB services could offer numerous benefits for content providers and aggregators in both Poland and Turkey. According to Juniper Research, DCB in emerging markets generates app-store conversion rates that are roughly five times higher than similar figures for credit cards, while SuperData Research estimates that carrier billing is currently the second most popular payment method in Poland and the fourth most popular payment method in Turkey. With this expansion, Digital Provider’s DCB services will be integrated on all major mobile network operators in the region, which in Poland includes Orange, Plus, Play, and T-Mobile, and in Turkey includes Turk Telekom, Turkcell and Vodafone.

To view the full press release, visit http://nnw.fm/90DqZ

About Net Element

Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail point-of-sale solution Aptito. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions such as UAE, Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently launched. Net Element was named in 2016 by South Florida Business Journal as one of the fastest growing technology companies. Further information is available at www.netelement.com