Aptito is a new generation of smart, customer engaged payments platform, mobile Point of Sale ("mPOS"), mobile commerce application and self-ordering Apple iPad-based kiosk. Through its cloud-based payments platform Aptito offers merchants an innovative, socially driven, all-in-one digital software solution that offers a complete package of features for the food-service industry. Aptito's Restaurant mPOS solution provides restaurants with tools to increase sales, productivity, and customer loyalty. Aptito's suite of fully linked tools enable inventory management, complete payroll, staff scheduling, patron reservations and digital menus. More capable and less costly than traditional restaurant POS systems, Aptito doesn't have the steep learning curve associated with typical POS products.In June 2013, Aptito was acquired by Net Element. The valuation of Aptito was undisclosed. Other terms of the deal were not released.