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Before the opening bell, Net Element, Inc. (NASDAQ:NETE), through subsidiary PayOnline, announced a new partnership with Flight.az, a subsidiary of Delta Group, Ltd that's recognized as a leading online travel agency (OTA) in Azerbaijan. Under the terms of this contract, PayOnline integrated secure online, mobile payments acceptance functionality, as well as its proprietary 'Avia2Split' technology, into the OTA's existing booking platform, giving Flight.az the tools to better serve its target market of roughly 10 million people living in Southwestern Asia.
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