JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 12/05/14 — Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ: UEPS)(JSE: NT1) today provided a further update on the SASSA tender process.As ordered by the South African Constitutional Court ("Court") in its April 2014 ruling, SASSA has initiated a new tender process for a five-year contract for the payment of social grants. SASSA issued a request for proposals on October 22, 2014 ("RFP"). Bid
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 11/25/14 — Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ: UEPS)(JSE: NT1) today provided an update on the South African Social Security Agency ("SASSA") tender process.As ordered by the South African Constitutional Court ("Court") in its April 2014 ruling, SASSA has initiated a new tender process for a five-year contract for the payment of social grants. SASSA issued a request for proposal
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 11/07/14 — Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ: UEPS)(JSE: NT1) today announced that its Net1 Mobile Solutions ("N1MS") business unit has launched a mobile-based payment solution, branded Shmart!Pay Mobile Card, in India together with its partner, TranServ Private Limited ("TranServ"). This mobile-based payment solution is the first of its kind in India and intends to address the
– Q1 2015 Revenue and FEPS of $156.4 million and $0.60, a constant currency increase of 36% and 74% respectively. – SASSA has issued RFP for five-year contract related to payment of social welfare grants.
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 10/14/14 — Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1") today announced it will release first quarter 2015 results after the market close on November 6, 2014. Net1 management will host a conference call to review these results on November 7, 2014, at 8:00 a.m. Eastern Time.To participate in the call, dial 1-855-481-5362 (US and Canada), 0808-162-4061 (U.K. only) or 0-800-200-648 (South Africa only) ten minutes prior to
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 09/29/14 — South African-based ("N1MS"), a business unit of Inc. (NASDAQ: UEPS)(JSE: NT1) and its Third Party Payment business FIHRST, have announced several innovations in its human resources and payroll processing products and services.The newly enhanced PayPlus is a ground-breaking service that allows employees to buy prepaid airtime, electricity and more at any time and from anywhere using their mobile phone. Built on Advance Value
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 09/23/14 — Net 1 UEPS Technologies Inc. ("Net1" or the "Company") (NASDAQ: UEPS)(JSE: NT1) today responded to the press release issued by the South African National Credit Regulator ("NCR") on September 22, 2014. In its release, the NCR announced that it had applied to the National Consumer Tribunal ("Tribunal") to cancel the registration of Net1–s subsidiary Moneyline Financial Services (Pty) Ltd ("M
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 12/10/13 — Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) today announced that it has signed Relationship Agreements with its BEE partners for the issuance of 4,400,000 shares ("BEE Shares"), which will be partially restricted as to resale for a period of five years. In terms of the agreements, Net1 will issue 4,100,000 shares of our common stock at a price of ZAR 60.00 per share (calculated as 75% of the closing price of our com
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 11/29/13 — Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) today announced that the South African Constitutional Court ("Constitutional Court") ruled that the tender process followed by the South African Social Security Agency ("SASSA") in awarding a contract to Net1-s wholly owned subsidiary Cash Paymaster Services (Proprietary) Limited ("CPS") was constitutionally invalid. However, the Constitutional Court su
– Revenue and Fundamental EPS of $123 million and $0.37, a constant currency increase of 34% and 77%, respectively; – On November 6, 2013, signed a letter of intent to issue 4.4 million shares at ZAR 88.50 as part of a BEE transaction.
