Exhibit 31.2
| CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER |
| PURSUANT TO RULES 13A-14(A) AND 15D-14(A) |
| UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED |
I, Herman Kotzé, certify that:
1. I have reviewed this Amendment No. 1 to the annual report on Form 10-K/A of Net 1 UEPS Technologies, Inc. for the year ended June, 30, 2011;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
| Date: April 3, 2012 | /s / Herman Kotzé |
| Herman Kotzé | |
| Chief Financial Officer, Treasurer and | |
| Secretary |
