Prism

Net 1 utilises the Net 1 Universal Electronic Payment System, or UEPS to provide universal electronic payment system technology as an alternative payment system to the un-banked and under-banked populations of developing economies, where there are an estimated four billion people, who generally have very limited access to a bank account, and can then effect affordable electronic transactions with one another, government agencies, employers, merchants and other financial services providers.

A secure UEPS Java based application is now available for hosting on mobile phones, which extends our UEPS reach even further, incorporating all UEPS functions onto a handset. This application can also be utilised in conjunction with our comprehensive GSM SIM range, available from a subsidiary company Prism, who as an active SIMalliance member provides a function rich range of 2G and 3G SIM / USIM cards on various silicon platforms, both via direct supplier relationships, as well as via operating system licensing.

NET 1 U.E.P.S. Technologies, Inc

Head Office – Johannesburg, South Africa

President Place, Cnr Jan Smuts Ave & Bolton Road, Rosebank

Tel: +27 (0)11 343 2000

Fax: +27 (0)11 771 3837

Web: www.net1ueps.com

Web: www.prism.co.za