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NET1 UEPS Technologies is the creator of Universal Electronic Payment Systems that provides offline financial transaction capabilities.
Users can process or collect payments, make purchases, manage healthcare and insurance transactions, vote, and perform regular banking functions via a biometrically secure smart card that operates offline.
This company is a global organization that distributes web and mobile applications and payment processing capabilities all around the world, including the United Kingdom, United States, Philippine Islands, Namibia, Nigeria, and India. In developing economies, it enables un-banked individuals to receive welfare benefits, wages, loans, and money transfers, among other financial transactions.
NET1 has been recognized by the International Finance Corporation with significant investments for its work in aiding the poorest residents of South Africa.
In 2017, Serge Belamant retired as Chief Executive Officer and Director of Net1 EUPS Technologies.
Most recently, Serge Belamant is the chairman of Zilch Technology Limited, in London, England, a company he co-founded with his son, Phillip. He holds five patents and speaks two languages and is still at the forefront of IT innovation.
