Net1 Signs Contract with Banamex

Johannesburg, South Africa, July 21, 2011 – Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS, JSE: NT1) (“Net1”) today announced that its wholly-owned subsidiary, Net1 Universal Technologies (Austria) AG (“NUTA”), has signed a contract with Banamex, a leading bank in Mexico and part of Citigroup, for the delivery of VCpayTM, Net1’s cell-phone based Mobile Virtual Card application designed for Card-Not-Present (“CNP”) transactions. more

Net1 Market Entry in Brazil and Mexico

Vienna/Mexico City/Sao Paulo, December 21, 2010 – Net1 Universal Technologies (Austria) AG today announced that it has opened liaison offices in Mexico City and Sao Paulo. The  offices will act as Business Development hubs for VCpayTM, Net1’s cell phone based virtual payment card application, in their respective market regions Central- and South America. more

Net1 Implements Mobile Payments in the US

Plano, TX, September 2, 2010 – Net1 UEPS Technologies, Inc. today announced that its wholly-owned subsidiary, Net1 Virtual Credit Card, Inc, has launched VCpayTM, Net1’s cell phone based payment card application designed for Card-Not-Present (“CNP”) transactions with a top five wireless carrier in the United States. more

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