Technology
Software Service
Finance

Net 1 UEPS Technologies

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-$0.03 (-0.76%) Today
$0.00 (0.00%) After Hours

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About

Net 1 UEPS Technologies, Inc. engages in the provision of payment solutions and transaction processing services in South Africa. The firm designs, develops, and markets transaction technology, solutions, and services. Read More It operates through the following segments: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied Technologies. The South African Transaction Processing segment consists of a welfare benefit distribution service provided 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 and to a lesser extent from the sale of goods, primarily point of sale terminals, to customers in Korea. The Financial Inclusion and Applied Technologies segment comprises of short-term loans as a principal and life insurance products on an agency basis and generates initiation and services fees. The company was founded by Serge Christian Pierre Belamant in 1989 and is headquartered in Johannesburg, South Africa.

Employees
8,379
Headquarters
Johannesburg, Gauteng
Founded
1989
Market Cap
222.79M
Price-Earnings Ratio
Dividend Yield
0.00
Average Volume
401.75K
High Today
$3.98
Low Today
$3.86
Open Price
$3.93
Volume
56.35K
52 Week High
$10.94
52 Week Low
$2.78

Collections

Technology
Software Service
Finance
Utilities
Medical
Life Insurance
Insurance
Health

News

Guru FocusMar 6

Net1 to reduce shareholding in DNI to 38% to settle ZAR 400 million vendor obligation

JOHANNESBURG, South Africa, March 06, 2019 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) today announced that it has, through its wholly owned South African subsidiary, Net1 Applied Technologies South Africa Proprietary Limited (“Net1 SA”), entered into a transaction with the current minority shareholders of DNI-4PL Contracts Proprietary Limited (“DNI”), in terms of which Net1 SA will reduce its shareholding in DNI from 55% to 38%. Under the terms of Net1 SA’s subscription agre...

19

Earnings

-$0.14
$0.05
$0.25
$0.44
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Q3 2019
Estimated
Actual
Expected May 9, After Hours
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