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Net 1 UEPS Technologies, Inc. (UEPS)


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Net 1 UEPS Technologies, Inc.

President Place
4th Floor
Johannesburg 2196
South Africa
27 11 343 2000
http://www.net1.com

SectorServices
IndustryBusiness Services
Full Time Employees5,701

Key Executives

NameTitlePayExercisedAge
Dr. Serge Christian Pierre BelamantChief Exec. Officer and Director1.59MN/A63
Mr. Herman Gideon KotzeChief Financial Officer, Treasurer, Sec. and Director841.43kN/A47
Mr. Nitin SomaSr. VP of Information Technology438.01kN/A50
Mr. Phil-Hyun OhChief Exec. Officer of KSNET Inc and Pres of KSNET Inc715.22kN/A58
Mr. Philip Marc BelamantManaging Director of ZAZOO Limited525.11kN/AN/A
Amounts are as of December 31, 2016 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.

Description

Net 1 UEPS Technologies, Inc. provides payment solutions, transaction processing services, and financial technologies to various industries in South Africa, South Korea, and internationally. The company develops and markets transaction processing solutions that comprise its smart card-based alternative payment system for the unbanked and under-banked populations of developing economies, and for mobile transaction channels. It operates through three segments: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied Technologies. The South African Transaction Processing segment provides welfare benefit distribution services to the South African government and transaction processing for retailers, utilities, medical-related claim service customers, and banks. The International Transaction Processing segment offers payment processing services to merchants and card issuers through its value-added network. The Financial Inclusion and Applied Technologies segment provides short-term loans; and smart card accounts. This segment also sells prepaid products comprising electricity and airtime, as well as hardware and software products; and offers life insurance products. Net 1 UEPS Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.

Corporate Governance

Net 1 UEPS Technologies, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.