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Net 1 Ueps Technologies Inc. (UEPS)

12.90 Down 0.23(1.75%) 10:28AM EST - Nasdaq Real Time Price
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Net 1 Ueps Technologies Inc.
President Place
4th Floor
Johannesburg, 2196
South Africa - Map
Phone: 27 11 343 2000
Fax: 27 11 442 5908

Index Membership:N/A
Industry:Business Services
Full Time Employees:4,415

Business Summary 

Net 1 UEPS Technologies, Inc. provides payment solutions and transaction processing services for various industries in South Africa, Korea, Europe, and internationally. It offers universal electronic payment system (UEPS), a smart-card based alternative payment system for the unbanked and underbanked populations of developing economies and for mobile transaction channels. The company’s UEPS system allows card holders to transact at any EMV-enabled point of sale terminal or ATM; and can be used for banking, healthcare management, international money transfers, voting, and identification. It provides state pension and welfare benefit distribution service to the South African government; transactions processing services for retailers, utilities, banks, and medical-related claim service customers, as well as bill payments and prepaid electricity for bill issuers and local councils; and mobile telephone top-up transactions for mobile carriers. The company also offers payment processing services to merchants and card issuers; transaction processing of UEPS-enabled smartcards and medical-related claims; and clinical risk management solutions. In addition, it provides smart card accounts; financial services, including short-term microloans, microfinance, life insurance, and money transfer products; and on-line real-time management system services for healthcare transactions, as well as processes third-party payroll payments for employees. Further, the company markets, sells, and implements the UEPS; provides secure transaction technology solutions and services; sells hardware, software, and SIM cards; undertakes smart card system implementation projects; and leases terminals to merchants. Net 1 UEPS Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.

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Key Executives 
Dr. Serge Christian Pierre Belamant , 61
Chairman, Chief Exec. Officer and Chairman of Enterprise Risk Management Committee
Mr. Herman Gideon Kotze , 45
Chief Financial Officer, Principal Accounting Officer, Treasurer, Sec., Director and Member of Enterprise Risk Management Committee
Mr. Nitin Soma , 47
Sr. VP of Information Technology
Mr. Phil-Hyun Oh , 55
Chief Exec. Officer of KSNET Inc and Pres of KSNET Inc
Mr. Alan Keschner , 53
VP of Joint Ventures and Investments
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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