Net Element, Inc. is a holding company that conducts its operations through its subsidiaries. The Company is a global transaction processing technology and value-added solutions company. The Company’s operating segments are North America Transaction Solutions and International Transaction Solutions. The Company offers a broad range of payment acceptance and transaction processing services that enable merchants of all sizes to accept and process over 100 different payment options in more than 120 currencies, including credit, debit, prepaid and alternative payments. It also provides merchants with value-added services and technologies including integrated payment technologies, point of sale (POS) solutions, fraud management, information solutions and analytical tools.