Net Element, which focuses on mobile payments and value-added transactional services, has unveiled a new multi-channel cryptocurrency payments acceptance application based on blockchain technology.
The new application is part of the firm’s multi-channel payments platform Netevia, which was launched early last year.
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Net Element president of integrated payments Vlad Sadovskiy said: “Over the past few years blockchain technology has revolutionised the world of payments thanks to its decentralisation, cost-effectiveness and convenience.
“The addition of a cryptocurrency payment acceptance option to our Netevia platform carries forward our tradition of innovation as we power global commerce.”
Netevia connects payments across sales channels via one integration point. The aim is to simplify the payment process.
The platform facilitates crypto payments in a multi-channel commerce environment including smart payment terminals and e-commerce.
“Developers may use Netevia’s API payment mechanism to add cryptocurrency acceptance functions as is or create new ones to fit their needs using Netevia’s user-friendly developer centre,” Net Element said in a statement.
