Net1 U.E.P.S. Share Info
Value of Last Traded Share
- Salary & Wage Distribution Payments
- U.E.P.S. Banking
- Third Party Host Deductions
- Money Transfers
- Third Party Bill Payments
- Cash Advances
- Social Grant Benefit Payments
- Pension Collection & Distribution
- Retail
- Wholesale Distribution
- Transportation
- Pre-paid Utilities
- Virtual Top Up
- Loan Registration to Card
- Insurance
- National ID
- Voting
- Driver's Licence
- National Health Insurance
- Medical & Patient Management
- Loan Deposits to Cards
- Mobile Payments & Banking
Retail
The Net1 Retail application manages the flow of electronic funds between consumers, retailers, wholesalers and financial service providers. The solution offers merchants a cashless payment system, designed to meet their specific needs and the needs of their customers by offering security, affordability and accessibility. Many of these merchants operate in under-developed areas where traditional financial institutions and their products are unavailable or limited due to the lack of communications infrastructures.
Benefits to the Merchant
- Increased turnover from a growing smart card client base
- Reduced cash holdings
- Reduced banking charges
- Reduced communication costs
- Reduced reconciliation problems
- Reduced fraud and theft
- New income streams
Benefits to the Cardholder
- Security - biometric fingerprint identification
- If the card is lost, the funds are not lost
- Reduced bank charges
- Access to selected U.E.P.S. products and services
- Separate spouse wallet on the same smart card
- Ability to save and earn interest