QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Stands to Benefit in Booming Russian E-Commerce as Consumers go Cashless
Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) stands to benefit in the Russian e-commerce market as consumers change their purchasing habits to go cashless. An article that discusses the company’s opportunity in the market, expected to more than double this year, reads, “Net Element is on it. In 2017, the company’s PayOnline subsidiary launched Apple Pay support in Russia (http://ibn.fm/PSPdj). The global number of Apple Pay users is growing at a rate of over one million per week, while transaction volumes are up 500 percent over the last year. Since launching in Russia on October 4, 2016,…