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Net1 UEPS Technologies


Other Investors | IPO

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About Net1 UEPS Technologies

Net1 (NASDAQ: UEPS) is a provider of alternative payment systems that leverage its Universal Electronic Payment System (UEPS) or utilize its mobile technologies. The company offers debit, credit, and prepaid processing and issuing services through Transact24. Through Masterpayment, Net1 provides payment processing and enables working capital financing in Europe. UEPS permits the Company to facilitate biometrically secure, real-time electronic transaction processing to unbanked and under-banked populations of developing economies around the world in an online or offline environment. Net1's UEPS/EMV solution is interoperable with global EMV standards that enable access to all the UEPS functionality in a traditional EMV environment. In addition to payments, UEPS can be used for banking, healthcare management, payroll, remittances, voting, and identification. Net1's mobile technologies include its mobile payments solution, MVC, which offers secure mobile-based payments, as well as mobile banking and prepaid value-added services in developed and emerging countries.

Headquarters Location

4th Floor, President Place Cnr Jan Smuts Ave & Bolton Road, Rosebank


South Africa

+27 11 343 2000

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Expert Collections containing Net1 UEPS Technologies

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Net1 UEPS Technologies is included in 1 Expert Collection, including Fintech.



3,678 items

Net1 UEPS Technologies Patents

Net1 UEPS Technologies has filed 1 patent.

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Application Date

Grant Date


Related Topics




International taxation, Payment systems, Financial transaction tax, Cryptography, Complexity classes


Application Date


Grant Date



Related Topics

International taxation, Payment systems, Financial transaction tax, Cryptography, Complexity classes



Latest Net1 UEPS Technologies News

Changes to Cell C’s board announced

Sep 14, 2020

David Shimkins Cell C shareholder Net1 UEPS Technologies has appointed a new director to the board of the mobile operator. David Shimkins will replace Paul Edwards with immediate effect. In line with Cell C’s shareholder agreement, Net1 can appoint two directors to the board. The Net1 representatives will be Shimkins and Alex Smith. Net1 recently announced changes to its board. “Shimkins is a highly proficient deal executive with a deep knowledge of debt and capital markets and experience across a variety of industry sectors,” Cell C said in a statement on Monday. Shimkins has extensive experience in transaction restructuring, which will be a valuable contribution to Cell C “He is the founder of Nitinol Capital, a company that invests in and facilitates alternative debt and equity transactions. Prior to this, he was a partner at Calculus Capital and Capital Investment Advisory and also held positions at Grindrod Bank and Brait Merchant Bank.” Shimkins is a CA and holds a bachelor’s degree in accounting science with honours from Unisa as well as a higher diploma in tax law. “Shimkins has extensive experience in transaction restructuring, which will be a valuable contribution to Cell C as we work towards finalising the process of recapitalisation,” said Cell C chairman Joe Mthimunye. — (c) 2020 NewsCentral Media

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Net1 UEPS Technologies Frequently Asked Questions (FAQ)

  • Where is Net1 UEPS Technologies's headquarters?

    Net1 UEPS Technologies's headquarters is located at 4th Floor, President Place, Johannesburg.

  • What is Net1 UEPS Technologies's latest funding round?

    Net1 UEPS Technologies's latest funding round is Other Investors.

  • Who are the investors of Net1 UEPS Technologies?

    Investors of Net1 UEPS Technologies include General Atlantic.

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