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
Loan Deposits to Cards
The Loan Deposit to Card was designed for Financiers to be able to participate in and utilize the U.E.P.S. (Universal Electronic Payment System) technology to minimize the cash amount being paid out to their clients in respect of Loans. Loans which are being made to cardholders can be loaded electronically on to their smart cards instead of dispensing cash.
Benefits to the Merchant
- Reduced fraud and theft
- Reduced cash held in merchant stores
- Reduced operational and administrative costs
- Security - biometric fingerprint identification
- MIS Reporting
Benefits to the Cardholders
- Security - biometric fingerprint identification
- Reduced theft – no cash is carried