Net Element (NASDAQ: NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services. The company owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc. ("TOT Group"). TOT Group companies include Unified Payments, Ranked as One of The Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500™, Aptito, a next generation cloud-based point of sale payments platform and Payonline, fully-integrated, processor agnostic electronic commerce platform.
We thrive on seeing our ideas become innovations that become our endeavors. Having technology innovations at the core of our products, allows us to compete in highly competitive market segments that we chosen. From mobile payments and value-added transactional innovations such as TOT Group and Aptito to e-commerce and retail payment transaction processing brands like Payonline and Unified Payments. Being the geeks that we are, we continue to better the user experience of our products through technology.
Our goal is to use the most innovative and powerful tools on the web to bring communities together, enrich lives, and improve relationships. In other words, we aim to transform the online and mobile experience.
Our mobile payments and value-added transactional platforms add convenience to mobile phone users lives, allowing them to conduct commerce transactions right from their mobile device, as well as other alternative to cash payment methods. At the same time, our online and offline payment capabilities allow merchants to transact business anywhere and anyhow.
Be the first to receive company news
May 17, 2021
March 31, 2021
March 19, 2021
March 12, 2021
November 16, 2020
Combines e-commerce, offline, POS, comprehensive back office tools, mPOS, credit scoring and customer interaction all in one powerful PaaS technology.
Cloud-based solution that is accessible from anywhere at anytime. All applications are linked together for seamless and effective way of doing business.
End-to-end encryption of cardholder data upon swipe. Tamper resistant hardware ensuring reader integrity..
As Chief Executive Officer at Net Element, Mr. Firer is responsible for the overall vision, strategy and execution of company's mission of powering global commerce. Before taking on his current position, Mr. Firer served as Executive Chairman of Unified Payments and has led the company from its inception until its acquisition by TOT Group in April of 2013. Under his leadership, Unified Payments' revenues grew by 23,646% over 3 year period and the company was ranked as #1 fastest-growing company by Inc. Magazine in 2012. Prior to Unified Payments, Mr. Firer held senior executive positions in private equity, payment processing, wireless communications and technology companies. Mr. Firer was recognized by Forbes as one of the 5 Incredible Enterpreneurs and by Business Leader Magazine as a Top Enterpreneur in South Florida, named by Poder Magazine as one of the Most Influential People in Miami and recognized by Inc. Magazine as the founder of the fastest-growing private company in 2012. Mr. Firer serves as a board member of Net Element, TOT Group's parent company and a member of the Electronic Transactions Association (ETA) Mobile Payments, ISO Practices and Risk, Fraud & Security committees. Mr. Firer supports the initiatives of the Firer Family Charitable Foundation, the charitable family fund focused on helping families and children in need.
As the Chief Financial Officer of the Company, Jeffrey Ginsberg leads the Company’s global finance organization, which includes financial planning and analysis, settlement and billing, financial consolidation and reporting.
Mr. Ginsberg was appointed to assume responsibility of Chief Financial Officer of the Company as of July 9, 2018. Mr. Ginsberg has been a Vice President of Finance and Controller of the Company since April 16, 2013, responsible for financial operations management, maintenance of accounting records and maintenance of consolidated financial statements of the Company and its subsidiaries. Prior to his employment with the Company, Mr. Ginsberg was a Vice President of Finance and Controller of Unified Payments from June 2011 until acquisition by the Company in April 2013. Prior to Unified Payments, Mr. Ginsberg was a Partner at Strombeck Consulting CPA from December 2009 to April 2013. He is a graduate of Queens College with a Bachelors of Arts degree in Accounting.
Steven Wolberg has been Chief Legal Officer and Secretary of Net Element since April 16, 2013. Mr. Wolberg served in various capacities with Acies Corporation from approximately January 2009 until December 2012, including as a consultant from approximately January 2009 until October 2009, as a director from October 30, 2009 until December 2012 and as Chief Strategy Officer from March 1, 2010 until December 2012. Mr. Wolberg currently operates a solo law practice in Newton, Massachusetts, Attorney Steven Wolberg, which he has operated since January 1997. Mr. Wolberg served as Chief Counsel and Vice President of Corporate Development for Mascot Networks in Cambridge, Massachusetts from January 2000 to September 2001. Since September 1996, Mr. Wolberg has served as president of Oakland Properties, Inc., a real estate development company. From February 1993 to December 1994, Mr. Wolberg served as an attorney in the real estate and corporate divisions of Brown and Rudnick in Boston, Massachusetts. From March 1988 to November 1991, Mr. Wolberg was a partner with the law firm of Jordaan and Wolberg in Johannesburg, South Africa. From January 1986 to February 1988, Mr. Wolberg was employed as an attorney with Goodman and North in Johannesburg, South Africa. Mr. Wolberg also currently owns and serves as the Managing Member of Prime Portfolios, LLC, which holds a private investment portfolio of payment processing companies. Mr. Wolberg received his Bachelor of Arts from the University of Witwatersrand in Johannesburg, South Africa, his Bachelors of Laws from the University of Witwatersrand, in Johannesburg, South Africa, and his Juris Doctorate from the New England School of Law in Boston, Massachusetts. Mr. Wolberg is a member of the Massachusetts Bar Association.
Professional executive in field of payment processing, merchant services, POS systems and value added services, high-level projects manager and software architect with more then ten years of professional development experience with wide variety of web and mobile technologies, and with more then five years experience in supervising of software development, including international software development and management of multiple divisions. Throughout his career, Mr. Krotov was responsible for the creation of proprietary intellectual property portfolios and managed local and outsourced teams of software developers. Mr. Krotov has a master degree from Ural State Technical University by specialty "Calculating machines, complexes, systems and networks".
Mr. Sadovskiy is President of Merchant Services at TOT Payments, subsidiary of TOT Group, with direct responsibility for company's Merchant Services business, which includes full responsibility for divisional P&L, new sales development, partner implementation, sales integration and client management. Prior to his current position, Mr. Sadovskiy served as President of Wholesale Division at Unified Payments and President of New Edge Payments. Prior to joining Unified Payments, Mr. Sadovskiy co-found Merchant Processing Services Corp ("MPS") and led it as its CEO. During his tenure as CEO of MPS, he achived 4,500% growth taking the company from a startup to 2008 Inc 500 #29 of the fastest growing private companies in America in just under 5 years. Prior to MPS, Mr. Sadovskiy held various sales and operational positions with companies including First Data Merchant Services, Chase Merchant Services, Concord Payment Systems, IBM and NVS Communications. Mr. Sadovsiky is a member of the Electronic Transactions Association (ETA) ISO Practices committee. Mr. Sadovskiy attended City University of New York - Baruch College.
Accept payments anytime, anywhere. Our Mobile Payments app is available for most devices.
Cloud-based solutions that are built to increase productivity and enhance revenue for our clients and partners.
From product reviews and recommendation engines to wish lists and product comparisons we turn lookers into buyers.
We make it easy to monitor your business metrics, engage with your customers, and compare your business to competitors, all in one dashboard.
We leverage our unparalleled product portfolio and expertise to deliver solutions that drive our customers' revenue and profitability.
We develop and successfully implement modern payment for websites and mobile apps. For all types of business. Worldwide. Caring about client’s profits.
At Net Element, we help businesses of all sizes thrive by delivering innovative, virtually seamless payment and powerful problem-solving expertise.
Our clients are at the center of everything we do, and our associates are relentlessly committed to their success. Interested in joining our team? Please submit your cover letter and resume to: