Net1 Mobile Launches Pay in Private

Posted on by wademinnie | 12095 Views | 11 min read

Net 1 UEPS Technologies, Inc. has announced that its Net1 Mobile Solutions Business Unit has launched its Mobile Virtual Card (“MVC”) technology through Pay in Private in the United States, a new way to pay online that uses the Company’s proprietary one-time use MVC Debit MasterCard generated by a smart phone app. The Pay in

SA Constitutional Court Rules SASSA Contract Award as Invalid

Posted on by wademinnie | 11313 Views | 5 min read

Net 1 UEPS Technologies Inc. has announced that the South African 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 (“CPS”) was constitutionally invalid. However, the Constitutional Court suspended its declaration of invalidity pending determination of