Lesaka (LSAK) 10-Q 6 Feb 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Dec. 31, 2013	Feb. 06, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Dec-13	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Entity Registrant Name	'NET 1 UEPS TECHNOLOGIES INC	'
Entity Central Index Key	'0001041514	'
Current Fiscal Year End Date	'--06-30	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	45,773,342

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS	'	'
Cash and cash equivalents	$22,362	$53,665	[1]
Pre-funded social welfare grants receivable (Note 2)	7,971	2,934	[1]
Accounts receivable, net of allowances of - December: $1,326; June: $4,701	125,062	102,614	[1]
Finance loans receivable, net of allowances of - December $1,813; June: $ -	42,847	8,350	[1]
Inventory (Note 3)	13,537	12,222	[1]
Deferred income taxes	5,001	4,938	[1]
Total current assets before settlement assets	216,780	184,723	[1]
Settlement assets (Note 4)	466,599	752,476	[1]
Total current assets	683,379	937,199	[1]
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of - December: $87,536; June: $84,808	47,619	48,301	[1]
EQUITY-ACCOUNTED INVESTMENTS	1,290	1,183	[1]
GOODWILL (Note 6)	181,111	175,806	[1]
INTANGIBLE ASSETS, net (Note 6)	73,874	77,257	[1]
OTHER LONG-TERM ASSETS, including reinsurance assets (Note 7)	34,271	36,576	[1]
TOTAL ASSETS	1,021,544	1,276,322	[1]
CURRENT LIABILITIES	'	'
Bank overdraft (Note 8)	24,256	'
Accounts payable	13,689	26,567	[1]
Other payables	34,386	33,808	[1]
Current portion of long-term borrowings (Note 9)	14,108	14,209	[1]
Income taxes payable	3,479	2,275	[1]
Total current liabilities before settlement obligations	89,918	76,859	[1]
Settlement obligations (Note 4)	466,599	752,476	[1]
Total current liabilities	556,517	829,335	[1]
DEFERRED INCOME TAXES	18,261	18,727	[1]
LONG-TERM BORROWINGS (Note 9)	57,452	66,632	[1]
OTHER LONG-TERM LIABILITIES, including insurance policy liabilities (Note 7)	20,131	21,659	[1]
TOTAL LIABILITIES	652,361	936,353	[1]
COMMITMENTS AND CONTINGENCIES (Note 17)	'	'	[1]
EQUITY	'	'
COMMON STOCK (Note 10) Authorized: 200,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury - December: 45,773,342; June: 45,592,550	59	59	[1]
PREFERRED STOCK Authorized shares: 50,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury: December: -; June: -	'	'	[1]
ADDITIONAL PAID-IN-CAPITAL	164,060	160,670	[1]
TREASURY SHARES, AT COST: December:13,455,090; June: 13,455,090	-175,823	-175,823	[1]
ACCUMULATED OTHER COMPREHENSIVE LOSS	-96,103	-100,858	[1]
RETAINED EARNINGS	476,963	452,618	[1]
TOTAL NET1 EQUITY	369,156	336,666	[1]
NON-CONTROLLING INTEREST	27	3,303	[1]
TOTAL EQUITY	369,183	339,969	[1]
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$1,021,544	$1,276,322	[1]
[1]	Derived from audited financial statements

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, except Share data, unless otherwise specified
Condensed Consolidated Balance Sheets [Abstract]	'	'
Accounts receivable, allowances for doubtful accounts	$1,326	$4,701
Finance loans receivable, allowance	1,813	'
Property, plant and equipment, accumulated depreciation	$87,536	$84,808
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares issued	45,773,342	45,592,550
Common stock, shares outstanding	45,773,342	45,592,550
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Treasury shares, shares outstanding	13,455,090	13,455,090

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Of Operations (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Condensed Consolidated Statements Of Operations [Abstract]	'	'	'	'
REVENUE	$137,283	$111,442	$260,777	$223,124
EXPENSE	'	'	'	'
Cost of goods sold, IT processing, servicing and support	67,883	47,227	124,442	92,328
Selling, general and administration	40,824	48,756	81,330	96,008
Depreciation and amortization	9,774	10,487	19,803	20,491
OPERATING INCOME	18,802	4,972	35,202	14,297
INTEREST INCOME	3,236	2,589	6,555	5,680
INTEREST EXPENSE	2,226	2,023	3,978	4,094
INCOME BEFORE INCOME TAXES	19,812	5,538	37,779	15,883
INCOME TAX EXPENSE (Note 16)	7,099	2,971	13,584	6,700
NET INCOME BEFORE EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	12,713	2,567	24,195	9,183
EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	47	54	150	182
NET INCOME	12,760	2,621	24,345	9,365
LESS (ADD) NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST	11	-8	'	-8
NET INCOME ATTRIBUTABLE TO NET1	$12,749	$2,629	$24,345	$9,373
Net income per share, in United States dollars (Note 13)	'	'	'	'
Basic earnings attributable to Net1 shareholders	$0.28	$0.06	$0.53	$0.21
Diluted earnings attributable to Net1 shareholders	$0.28	$0.06	$0.53	$0.21

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Condensed Consolidated Statements Of Comprehensive Income [Abstract]	'	'	'	'
Net income	$12,760	$2,621	$24,345	$9,365
Other comprehensive (loss) income	'	'	'	'
Net unrealized income (loss) on asset available for sale, net of tax	216	258	-39	258
Movement in foreign currency translation reserve	-2,597	5,927	4,972	10,182
Total other comprehensive (loss) income, net of taxes	-2,381	6,185	4,933	10,440
Comprehensive income	10,379	8,806	29,278	19,805
(Less) Add comprehensive (income) loss attributable to non-controlling interest	-11	8	'	8
Comprehensive income attributable to Net1	$10,368	$8,814	$29,278	$19,813

Consolidated_Statement_Of_Chan

Consolidated Statement Of Changes In Equity (USD $)	Common Stock [Member]	Treasury Stock [Member]	Number Of Shares, Net Of Treasury [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total Net1 Equity [Member]	Non-Controlling Interest [Member]	Total
In Thousands, except Share data	USD ($)	USD ($)		USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
Balance at Jun. 30, 2013	$59	($175,823)	'	$160,670	$452,618	($100,858)	$336,666	$3,303	$339,969	[1]
Balance, shares at Jun. 30, 2013	59,047,640	-13,455,090	45,592,550	'	'	'	'	'	'
Restricted stock granted, shares	187,963	'	187,963	'	'	'	'	'	'
Stock-based compensation charge	'	'	'	1,904	'	'	1,904	'	1,904
Reversal of stock based compensation charge	'	'	'	-6	'	'	-6	'	-6
Reversal of stock based compensation charge, Shares	-7,171	'	-7,171	'	'	'	'	'	'
Income tax benefit from vested stock awards	'	'	'	6	'	'	6	'	6
Acquisition of KSNET non-controlling interest (Note 10)	'	'	'	1,486	'	-178	1,308	-3,276	-1,968
Net income	'	'	'	'	24,345	'	24,345	'	24,345
Other comprehensive income	'	'	'	'	'	4,933	4,933	'	4,933
Balance at Dec. 31, 2013	$59	($175,823)	'	$164,060	$476,963	($96,103)	$369,156	$27	$369,183
Balance, shares at Dec. 31, 2013	59,228,432	-13,455,090	45,773,342	'	'	'	'	'	45,773,342
[1]	Derived from audited financial statements

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements Of Cash Flows (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities	'	'	'	'
Net income	$12,760	$2,621	$24,345	$9,365
Depreciation and amortization	9,774	10,487	19,803	20,491
Earnings from equity-accounted investments	-47	-54	-150	-182
Fair value adjustments	72	1,000	-61	707
Interest payable	694	1,117	1,666	2,309
Profit on disposal of property, plant and equipment	-15	-86	-16	-86
Stock-based compensation charge	968	1,117	1,898	2,233
Facility fee amortized	509	76	578	164
(Increase) Decrease in accounts receivable, pre-funded social welfare grants receivable and finance loans receivable	-37,977	-5,061	-61,078	831
Increase in inventory	-2,853	-6,250	-1,842	-7,209
Decrease in accounts payables and other payables	-4,883	-4,939	-13,551	-6,288
(Decrease) increase in taxes payable	-5,559	-6,032	1,362	-594
Decrease in deferred taxes	-691	-916	-1,878	-2,932
Net cash (used in) provided by operating activities	-27,248	-6,920	-28,924	18,809
Cash flows from investing activities	'	'	'	'
Capital expenditures	-6,845	-5,597	-12,461	-12,050
Proceeds from disposal of property, plant and equipment	1,953	251	2,001	356
Acquisitions, net of cash acquired (Note 2)	'	-230	'	-2,143
Repayment of loan by equity-accounted investment	'	'	'	3
Proceeds from maturity of investments related to insurance business	'	'	'	545
Other investing activities	'	'	-1	'
Net change in settlement assets	204,730	-72,835	256,503	-12,056
Net cash provided by (used in) investing activities	199,838	-78,411	246,042	-25,345
Cash flows from financing activities	'	'	'	'
Long-term borrowing obtained (Note 9)	71,605	'	71,605	'
Repayment of long-term borrowings (Note 9)	-87,008	-7,307	-87,008	-7,307
Payment of facility fee (Note 9)	-872	'	-872	'
Proceeds from bank overdraft	24,580	'	24,580	'
Acquisition of interest in KSNET (Note 10)	-1,968	'	-1,968	'
Proceeds from issue of common stock	'	'	'	240
Net change in settlement obligations	-204,730	72,835	-256,503	12,056
Net cash (used in) provided by financing activities	-198,393	65,528	-250,166	4,989
Effect of exchange rate changes on cash	495	375	1,745	540
Net decrease in cash and cash equivalents	-25,308	-19,428	-31,303	-1,007
Cash and cash equivalents - beginning of period	47,670	57,544	53,665	39,123
Cash and cash equivalents - end of period	$22,362	$38,116	$22,362	$38,116

Basis_Of_Presentation_And_Summ

Basis Of Presentation And Summary Of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2013
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]	'
Basis Of Presentation And Summary Of Significant Accounting Policies	'
	1. Basis of Presentation and Summary of Significant Accounting Policies
	Unaudited Interim Financial Information
	The accompanying unaudited condensed consolidated financial statements include all majority-owned subsidiaries over which the Company exercises control and have been prepared in accordance with US generally accepted accounting principles ("GAAP") and the rules and regulations of the Securities and Exchange Commission for quarterly reports on Form 10-Q and include all of the information and disclosures required for interim financial reporting. The results of operations for the three and six months ended December 31, 2013 and 2012, are not necessarily indicative of the results for the full year. The Company believes that the disclosures are adequate to make the information presented not misleading.
	These financial statements should be read in conjunction with the financial statements, accounting policies and financial notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2013. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair representation of financial results for the interim periods presented.
	References to the "Company" refer to Net1 and its consolidated subsidiaries, unless the context otherwise requires. References to Net1 are references solely to Net 1 UEPS Technologies, Inc.
	The Company has updated its accounting policy for the allowance for doubtful finance loans receivable as a result of the increase in its UEPS-based lending book which is included in finance loans receivable in its unaudited condensed consolidated balance sheet. The Company does not believe that an allowance for doubtful finance loans receivable is required for finance loans receivable as of June 30, 2013, because this was an established book and has been recovered. However, the profile of the loan book has changed due to the expansion of the UEPS-based lending book during the six months ended December 31, 2013, and accordingly an allowance for doubtful finance loans receivable is deemed required by the Company.
	Loan provisions and allowance for doubtful accounts receivable
	UEPS-based lending
	The Company's policy is to regularly review the ageing of outstanding amounts due from borrowers and adjust the provision based on management's estimate of the recoverability of finance loans receivable. The Company writes off UEPS-based loans and related service fees if a borrower is in arrears with repayments for more than three months or dies.
	Recent accounting pronouncements adopted
	In February 2013, the FASB issued guidance regarding Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This guidance requires entities to present (either on the face of the statement of operations or in the notes) the effects on the line items of the statement of operations for amounts reclassified out of accumulated other comprehensive income. The guidance is effective for the Company beginning July 1, 2013 and is applied prospectively. The adoption of this guidance did not have a material impact on the Company's financial statements.
	Recent accounting pronouncements not yet adopted as of December 31, 2013
	In March 2013, the FASB issued guidance regarding Parent's Accounting for the Cumulative Translation Adjustment Upon Derecognition of Certain Subsidiaries or Groups of Assets Within a Foreign Entity or of an Investment in a Foreign Entity. This guidance requires that the parent release any related cumulative translation adjustment into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The guidance is effective for the Company beginning July 1, 2014. Early adoption is permitted. The Company is currently evaluating the impact of this guidance on its financial statements on adoption.

PreFunded_Social_Welfare_Grant

Pre-Funded Social Welfare Grants Receivable	6 Months Ended
	Dec. 31, 2013
Pre-Funded Social Welfare Grants Receivable [Abstract]	'
Pre-Funded Social Welfare Grants Receivable	'
	2. Pre-funded social welfare grants receivable
	Pre-funded social welfare grants receivable represents amounts pre-funded by the Company to certain merchants participating in the merchant acquiring system. The January 2014 payment service commenced on January 1, 2014, but the Company pre-funded certain merchants participating in the merchant acquiring system during the last two days of December 2013.

Inventory

Inventory	6 Months Ended
	Dec. 31, 2013
Inventory [Abstract]	'
Inventory	'
	3. Inventory
	The Company's inventory comprised the following categories as of December 31, 2013 and June 30, 2013.
			December 31,		June 30,
			2013		2013
	Finished goods	$	13,537	$	12,222
		$	13,537	$	12,222

Settlement_Assets_And_Settleme

Settlement Assets And Settlement Obligations	6 Months Ended
	Dec. 31, 2013
Settlement Assets And Settlement Obligations [Abstract]	'
Settlement Assets And Settlement Obligations	'
	4. Settlement assets and settlement obligations
	Settlement assets comprise (1) cash received from the South African government that the Company holds pending disbursement to beneficiaries of social welfare grants, (2) cash received from health care plans which the Company disburses to health care service providers once it adjudicates claims and (3) cash received from customers on whose behalf the Company processes payroll payments that the Company will disburse to customer employees, payroll-related payees and other payees designated by the customer.
	Settlement obligations comprise (1) amounts that the Company is obligated to disburse to beneficiaries of social welfare grants, (2) amounts which are due to health care service providers after claims have been adjudicated and reconciled, provided that the Company shall have previously received such funds from health care plan customers and (3) amounts that the Company is obligated to pay to customer employees, payroll-related payees and other payees designated by the customer.
	The balances at each reporting date may vary widely depending on the timing of the receipts and payments of these assets and obligations

Fair_Value_Of_Financial_Instru

Fair Value Of Financial Instruments And Equity-Accounted Investments	6 Months Ended
	Dec. 31, 2013
Fair Value Of Financial Instruments And Equity-Accounted Investments [Abstract]	'
Fair Value Of Financial Instruments And Equity-Accounted Investments	'
	5. Fair value of financial instruments and equity-accounted investments
	Fair value of financial instruments
	Risk management
	The Company seeks to reduce its exposure to currencies other than the South African rand through a policy of matching, to the extent possible, assets and liabilities denominated in those currencies. In addition, the Company uses financial instruments in order to economically hedge its exposure to exchange rate and interest rate fluctuations arising from its operations. The Company is also exposed to equity price and liquidity risks as well as credit risks.
	Currency exchange risk
	The Company is subject to currency exchange risk because it purchases inventories that it is required to settle in other currencies, primarily the euro and US dollar. The Company has used forward contracts in order to limit its exposure in these transactions to fluctuations in exchange rates between the South African rand, on the one hand, and the US dollar and the euro, on the other hand.
	The Company's outstanding foreign exchange contracts are as follows:
	As of December 31, 2013
	None.
	As of June 30, 2013
	Fair market
	Notional amount Strike price value price Maturity
	USD 4,000,000 ZAR 9.06 ZAR 10.1397 September 30, 2013
	Translation risk
	Translation risk relates to the risk that the Company's results of operations will vary significantly as the US dollar is its reporting currency, but it earns most of its revenues and incurs most of its expenses in ZAR. The US dollar to ZAR exchange rate has fluctuated significantly over the past two years. As exchange rates are outside the Company's control, there can be no assurance that future fluctuations will not adversely affect the Company's results of operations and financial condition.
	Interest rate risk
	As a result of its normal borrowing and leasing activities, the Company's operating results are exposed to fluctuations in interest rates, which it manages primarily through regular financing activities. The Company generally maintains limited investment in cash equivalents and has occasionally invested in marketable securities.
	Credit risk
	Credit risk relates to the risk of loss that the Company would incur as a result of non-performance by counterparties. The Company maintains credit risk policies with regard to its counterparties to minimize overall credit risk. These policies include an evaluation of a potential counterparty's financial condition, credit rating, and other credit criteria and risk mitigation tools as the Company's management deems appropriate.
	With respect to credit risk on financial instruments, the Company maintains a policy of entering into such transactions only with South African and European financial institutions that have a credit rating of BBB or better, as determined by credit rating agencies such as Standard & Poor's, Moody's and Fitch Ratings.
	UEPS-based microlending credit risk
	The Company is exposed to credit risk in its UEPS-based microlending activities, which provides unsecured short-term loans to qualifying customers. The Company manages this risk by performing an affordability test for each prospective customer and assigns a "creditworthiness score", which takes into account a variety of factors such as other debts and total expenditures on normal household and lifestyle expenses.
	Equity price and liquidity risk
	Equity price risk relates to the risk of loss that the Company would incur as a result of the volatility in the exchange-traded price of equity securities that it holds and the risk that it may not be able to liquidate these securities. The market price of these securities may fluctuate for a variety of reasons, consequently, the amount the Company may obtain in a subsequent sale of these securities may significantly differ from the reported market value.
	Liquidity risk relates to the risk of loss that the Company would incur as a result of the lack of liquidity on the exchange on which these securities are listed. The Company may not be able to sell some or all of these securities at one time, or over an extended period of time without influencing the exchange traded price, or at all.
	The following section describes the valuation methodologies the Company uses to measure its significant financial assets and liabilities at fair value.
	In general, and where applicable, the Company uses quoted prices in active markets for identical assets or liabilities to determine fair value. This pricing methodology applies to Level 1 investments. If quoted prices in active markets for identical assets or liabilities are not available to determine fair value, then the Company uses quoted prices for similar assets and liabilities or inputs other than the quoted prices that are observable either directly or indirectly. These investments are included in Level 2 investments. In circumstances in which inputs are generally unobservable, values typically reflect management's estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques. Investments valued using such techniques are included in Level 3 investments.
	Asset measured at fair value using significant unobservable inputs – investment in Finbond Group Limited ("Finbond")
	The Company's Level 3 asset represents an investment of 156,788,712 shares of common stock of Finbond, which are exchange-traded equity securities. Finbond's shares are traded on the JSE Limited ("JSE") and the Company has designated such shares as available for sale investments. The Company has concluded that the market for Finbond shares is not active and consequently has employed alternative valuation techniques in order to determine the fair value of such stock. Currently, the operations of Finbond relate primarily to the provision of microlending products. Finbond was recently issued a mutual banking licence and intends to offer financial products under this licence. In determining the fair value of Finbond, the Company has considered amongst other things Finbond's historical financial information (including its most recent public accounts), press releases issued by Finbond and its published net asset value. The Company believes that the best indicator of fair value of Finbond is its published net asset value and has used this value to determine the fair value.
	The fair value of these securities as of December 30, 2013, represented approximately 1% of the Company's total assets, including these securities.
	The following table presents the Company's assets measured at fair value on a recurring basis as of December 31, 2013, according to the fair value hierarchy:
			Quoted
			Price in
			Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
			(Level 1)		(Level 2)		(Level 3)		Total
	Assets
	Related to insurance business (included in
	other long-term assets):
	Cash and cash equivalents	$	1,769	$	-	$	-	$	1,769
	Investment in Finbond (available for sale
	assets included in other long-term assets)		-		-		7,721		7,721
	Other		-		139		-		139
	Total assets at fair value	$	1,769	$	139	$	7,721	$	9,629
	The following table presents the Company's assets and liabilities measured at fair value on a recurring basis as of June 30, 2013, according to the fair value hierarchy:
			Quoted
			Price in
			Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
			(Level 1)		(Level 2)		(Level 3)		Total
	Assets
	Related to insurance business (included in
	other long-term assets):
	Cash and cash equivalents	$	1,833	$	-	$	-	$	1,833
	Investment in Finbond (available for sale
	assets included in other long-term assets)		-		-		8,303		8,303
	Other		-		147		-		147
	Total assets at fair value	$	1,833	$	147	$	8,303	$	10,283
	Liabilities
Foreign exchange contracts	$	-	$	436	$	-	$	436
Total liabilities at fair value	$	-	$	436	$	-	$	436
Changes in the Company's investment in Finbond (Level 3 that are measured at fair value on a recurring basis) were insignificant during the three and six months ended December 31, 2013 and 2012, respectively. There have been no transfers in or out of Level 3 during the three and six months ended December 31, 2013 and 2012, respectively.
Assets and liabilities measured at fair value on a nonrecurring basis
The Company measures its assets at fair value on a nonrecurring basis when they are deemed to be other-than-temporarily impaired. The Company has no liabilities that are measured at fair value on a nonrecurring basis. The Company reviews the carrying values of its assets when events and circumstances warrant and considers all available evidence in evaluating when declines in fair value are other-than-temporary.
The fair values of the Company's assets are determined using the best information available, and may include quoted market prices, market comparables, and discounted cash flow projections. An impairment charge is recorded when the cost of the assets exceeds its fair value and the excess is determined to be other-than-temporary. The Company has not recorded any impairment charges during the reporting periods presented herein.

Goodwill_And_Intangible_Assets

Goodwill And Intangible Assets	6 Months Ended
	Dec. 31, 2013
Goodwill And Intangible Assets [Abstract]	'
Goodwill And Intangible Assets	'
	6. Goodwill and intangible assets
	Goodwill
	Summarized below is the movement in the carrying value of goodwill for the six months ended December 31, 2013:
					Accumulated			Carrying
			Gross value		impairment			value
	Balance as of June 30, 2013	$	218,558	$	(42,752	)	$	175,806
	Foreign currency adjustment (1)		7,383		(2,078	)		5,305
	Balance as of December 31, 2013	$	225,941	($	44,830	)	$	181,111
	(1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the US dollar on the carrying value.
	Goodwill has been allocated to the Company's reportable segments as follows:
			As of		As of
			December 31,		June 30,
			2013		2013
	SA transaction-based activities	$	28,749	$	30,525
	International transaction-based activities		122,538		113,972
	Smart card accounts		-		-
	Financial services		-		-
	Hardware, software and related technology sales		29,824		31,309
	Total	$	181,111	$	175,806
	Intangible assets
	Carrying value and amortization of intangible assets
	Summarized below is the carrying value and accumulated amortization of the intangible assets as of December 31, 2013 and June 30, 2013:
			As of December 31, 2013							As of June 30, 2013
			Gross					Net		Gross					Net
			carrying		Accumulated			carrying		carrying		Accumulated			carrying
			value		amortization			value		value		amortization			value
	Finite-lived intangible assets:
	Customer relationships	$	95,000	($	35,332	)	$	59,668	$	90,469	$	(29,818	)	$	60,651
	Software and unpatented
	technology		36,116		(25,531	)		10,585		34,951		(22,151	)		12,800
	FTS patent		3,648		(3,648	)		-		3,873		(3,873	)		-
	Exclusive licenses		4,506		(4,506	)		-		4,506		(4,506	)		-
	Trademarks		6,721		(3,100	)		3,621		6,611		(2,805	)		3,806
	Customer database		579		(579	)		-		614		(614	)		-
	Total finite-lived intangible
	assets	$	146,570	($	72,696	)	$	73,874	$	141,024	$	(63,767	)	$	77,257
	Aggregate amortization expense on the finite-lived intangible assets for the three and six months ended December 31, 2013, was approximately $4.1 million and $7.8 million, respectively (three and six months ended December 31, 2012, was approximately $4.9 million and $9.6 million, respectively).
	Future estimated annual amortization expense for the next five fiscal years and thereafter, assuming exchange rates prevailing on December 31, 2013, is presented in the table below. Actual amortization expense in future periods could differ from this estimate as a result of acquisitions, changes in useful lives, exchange rate fluctuations and other relevant factors.
	2014	$	15,793
	2015		15,742
	2016		11,361
	2017		9,023
	2018		9,023
	Thereafter	$	20,823

Reinsurance_Assets_And_Policy_

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts	6 Months Ended
	Dec. 31, 2013
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]	'
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts	'
	7. Reinsurance assets and policy holder liabilities under insurance and investment contracts
	Reinsurance assets and policy holder liabilities under insurance contracts
	Summarized below is the movement in reinsurance assets and policy holder liabilities under insurance contracts during the six months ended December 31, 2013:
			Reinsurance			Insurance
			assets (1)			contracts (2)
	Balance as of June 30, 2013	$	19,557		$	(19,711	)
	Foreign currency adjustment (3)		(1,138	)		1,147
	Balance as of December 31, 2013	$	18,419		$	(18,564	)
	(1) Included in other long-term assets.
	(2) Included in other long-term liabilities.
	(3) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the US dollar.
	The Company has agreements with reinsurance companies in order to limit its losses from large insurance contracts, however, if the reinsurer is unable to meet its obligations, the Company retains the liability.
	The value of insurance contract liabilities is based on best estimates assumptions of future experience plus prescribed margins, as required in the markets in which these products are offered, namely South Africa. The process of deriving the best estimates assumptions plus prescribed margins includes assumptions related to future mortality and morbidity (an appropriate base table of standard mortality is chosen depending on the type of contract and class of business), withdrawals (based on recent withdrawal investigations and expected future trends), investment returns (based on government treasury rates adjusted by an applicable margin), expense inflation (based on a 10 year real return on CPI-linked government bonds from the risk-free rate and adding an allowance for salary inflation and book shrinkage of 1% per annum) and claim reporting delays (based on average industry experience).
	Assets and policy holder liabilities under investment contracts
	Summarized below is the movement in assets and policy holder liabilities under investment contracts during the six months ended December 31, 2013:
						Investment
			Assets (1)			contracts (2)
	Balance as of June 30, 2013	$	953		$	(953	)
	Foreign currency adjustment (3)		(56	)		56
	Balance as of December 31, 2013	$	897		$	(897	)
	(1) Included in other long-term assets.
	(2) Included in other long-term liabilities.
	(3) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the US dollar.
	The Company does not offer any investment products with guarantees related to capital or returns.

ShortTerm_Credit_Facility

Short-Term Credit Facility	6 Months Ended
	Dec. 31, 2013
Short-Term Credit Facility [Abstract]	'
Short-Term Credit Facility	'
	8. Short-term credit facility
	During December 2013, the Company increased its short-term South African credit facility with Nedbank Limited to ZAR 650 million ($61.9 million, translated at exchange rates applicable as of December 31, 2013) through March 31, 2014. The short-term facility comprises an overdraft facility of up to ZAR 500 million and indirect and derivative facilities of up to ZAR 150 million, which include letters of guarantee, letters of credit and forward exchange contracts. The overdraft facility of ZAR 500 million will revert to ZAR 250 million on March 31, 2014. As of December 31, 2013, the interest rate on the overdraft facility was 7.35%. The Company has ceded its investment in Cash Paymaster Services Proprietary Limited ("CPS"), a wholly owned South African subsidiary, as security for its repayment obligations under the facility. A commitment fee of 0.35% per annum is payable on the monthly unutilized amount of the overdraft portion of the short-term facility. The Company is required to comply with customary non-financial covenants, including, without limitation, covenants that restrict the Company's ability to dispose of or encumber its assets, incur additional indebtedness or engage in certain business combinations. As of December 31, 2013, the Company had utilized ZAR 254.8 million ($24.3 million, translated at exchange rates applicable as of December 31, 2013) of the overdraft facility and ZAR 132.0 million ($12.6 million, translated at exchange rates applicable as of December 31, 2013) of this facility to enable the bank to issue guarantees, including stand-by letters of credit, in order for the Company to honor its obligations to third parties requiring such guarantees (Refer to Note 17). As of June 30, 2013, the Company had utilized none of this facility.

LongTerm_Borrowings

Long-Term Borrowings	6 Months Ended
	Dec. 31, 2013
Long-Term Borrowings [Abstract]	'
Long-Term Borrowings	'
	9. Long-term borrowings
	In October 2013, the Company refinanced its existing long-term Korean credit facility and signed a new five-year senior secured facilities agreement (the "Facilities Agreement") with a consortium of Korean banks. The Facilities Agreement provides for three separate facilities to the Company's wholly owned subsidiary, Net1 Applied Technologies Korea ("Net1 Korea"): a Facility A loan of up to KRW 60.0 billion ($56.4 million), a Facility B loan of up to KRW 15 billion ($14.1 million) and a Facility C revolving credit facility of up to KRW 10.0 billion ($9.4 million) (all facilities denominated in KRW and translated at exchange rates applicable as of December 31, 2013).
	The Facility A and B loans were fully drawn on October 29, 2013, and used to repay KRW 75.0 billion ($70.6 million) of the KRW 92.4 billion ($87.0 million) loan outstanding under the existing facility. The remaining outstanding KRW 17.4 billion ($16.4 million) balance of that facility was paid from cash on hand on October 29, 2013. In addition, the Company drew KRW 1.1 billion ($1.0 million) of the revolving credit facility on October 29, 2013, to pay fees and expenses related to the Facilities Agreement.
	Interest on the loans and revolving credit facility is payable quarterly and is based on the Korean CD rate in effect from time to time plus a margin of 3.10% for the Facility A loan and Facility C revolving credit facility; and a margin of 2.90% for the Facility B loan. The CD rate was 2.66% on December 31, 2013 and therefore the interest rate in effect as of December 31, 2013, for the Facility A loan and Facility C revolving credit facility was 5.76% and for the Facility B loan was 5.56%, respectively. The Company paid facilities fees of approximately KRW 0.9 billion on October 29, 2013 and amortized approximately $0.1 million during the three and six months ended December 31, 2013. A commitment fee of 0.3% is payable on any un-drawn and un-cancelled amount of the revolving credit facility. Total interest expense related to the new and refinanced facilities during the three and six months ended December 31, 2013 and 2012, was $1.8 million and $1.8 million; and $3.6 million and $3.6 million, respectively.
	The Facility A loan is repayable in three scheduled annual installments of KRW 10 billion each beginning 30 months after initial drawdown and one final installment of KRW 30 billion on the maturity date, namely October 29, 2018. The Facility B loan is repayable in full on October 29, 2014. The Facility C revolving credit facility is repayable in full on the maturity date. Prepayment of the revolving credit facility may be withdrawn at any time up to three and six months before the maturity date.
	The loans under the Facilities Agreement are secured by a pledge by Net1 Korea of its entire equity interest in KSNET and a pledge by the immediate parent of Net1 Korea (also one of the Company's subsidiaries) of its entire equity interest in Net1 Korea. The Facilities Agreement contains customary covenants that require Net1 Korea to maintain agreed leverage and debt service coverage ratios and restricts Net1 Korea's ability to make certain distributions with respect to its capital stock, prepay other debt, encumber its assets, incur additional indebtedness, or engage in certain business combinations. The loans under the Facilities Agreement are without recourse to, and the covenants and other agreements contained therein do not apply to, the Company or any of the Company's subsidiaries (other than Net1 Korea).
	The Company's refinanced KRW 92.4 billion Korean senior secured loan facility is described in Note 13 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2013. The Company has expensed the remaining prepaid facility fees related to the refinanced facility of approximately $0.4 million during the three and six months ended December 31, 2013. The third scheduled repayment related to this refinanced facility of $7.3 million was paid on October 29, 2012.

Capital_Structure

Capital Structure	6 Months Ended
	Dec. 31, 2013
Capital Structure [Abstract]	'
Capital Structure	'
	10. Capital structure
	The following table presents reconciliation between the number of shares, net of treasury, presented in the consolidated statement of changes in equity during the six months ended December 31, 2013 and 2012, respectively, and the number of shares, net of treasury, excluding non-vested equity shares that have not vested during the six months ended December 31, 2013 and 2012, respectively:
		Six months ended
		December 31,
		2013		2012
		'000		'000
	Number of shares, net of treasury:
	Statement of changes in equity	45,773,342		45,600,471
	Less: Non-vested equity shares that have
	not vested	(569,111	)	(644,750	)
	Number of shares, net of treasury
	excluding non-vested equity shares
	that have not vested	45,204,231		44,955,721
	December 2013 Black Economic Empowerment transactions
	On December 10, 2013, the Company entered into definitive agreements relating to two Black Economic Empowerment ("BEE") transactions. Pursuant to the Relationship Agreements dated December 10, 2013 between the Company and its BEE partners, the Company will sell an aggregate of 4,400,000 shares of its common stock ("BEE shares") for a purchase price of ZAR 60.00 per share. Closing of these BEE transactions is subject to the satisfaction of certain conditions contained in the Relationship Agreements, including receipt of any required regulatory approvals (including approval of the South African Reserve Bank) and the finalization of ancillary agreements. Closing of one transaction is not contingent on the closing of the other transaction. As of December 31, 2013, the transaction had not been implemented because the agreed conditions had not been satisfied. As of January 31, 2014, the closing conditions had not yet been met and therefore the parties extended the date to satisfy all closing conditions to March 15, 2014.
	The ZAR 60.00 per share purchase price for the BEE shares, which will be contractually restricted as to resale as described below, will be paid in ZAR and represents 75% of the closing price of the Company's common stock on the JSE on December 6, 2013, the date the Company completed final negotiation of the terms of these BEE transactions.
	The Relationship Agreements provide that the entire purchase price for the BEE shares will be financed through a five-year loan to be extended to each of the BEE partners by a South African subsidiary of the Company. The obligations of the BEE partners under the loans are several, and not joint. Each of the BEE partners will grant the lender a security interest in all the BEE shares being purchased by such BEE partner to secure the repayment of its loan. The principal amount of the loans being made by the subsidiary will be contributed by Net1 to the equity capital of the subsidiary. As a result of the making of the loans, the net cash position of the Company after the sale of the BEE shares will remain unchanged.
	The loans will bear interest at a rate equal to the Johannesburg Interbank Rate (550 basis points as of December 31, 2013) plus 300 basis points. Interest on the loans is payable semi-annually in arrears on January 1 and July 1 of each year. 10% of the outstanding principal amount of the loans will be payable on each of the first and second anniversaries of the date of issuance of the BEE shares, 15% of the outstanding principal amount of the loans will be payable on each of the third and fourth anniversaries of the date of issuance of the BEE shares and the remaining outstanding principal amount of the loans will be payable on the fifth anniversary of the date of issuance of the BEE shares. Further, the entire outstanding principal amount of the loans will be payable if the price of the Company's common stock on the JSE equals or exceeds ZAR 120.00 per share at any time during term of the loans. Upon the occurrence of certain "trigger events" with respect to a BEE partner, the BEE shares held by that BEE partner may be repurchased by the Company or one of its designees. These trigger events include the following:
	failure by the BEE partner to pay any amount due on its loan (including interest) to the lender (in this case, the Company may repurchase only that number of shares which would raise sufficient funds to settle any amount due and unpaid);
	any other breach by the BEE partner (or in certain circumstances its shareholders) of any provision of the Relationship Agreement, including without limitation, its failure to maintain its BEE status;
	the Company's common stock trades at or below ZAR 60.00 on the JSE or at or below the equivalent trading price on Nasdaq;
	the occurrence of certain insolvency events or liquidation proceedings affecting the BEE partner; or
	the BEE partner fails to satisfy any judgment or arbitration award granted or made against it within 7 days.
	If the trigger event involves a failure by a BEE partner to pay any amount due on its loan, then the repurchase price is the volume-weighted average price of the Company's common stock on the Nasdaq for the period of 30 trading days prior to the trigger event, or 30-day VWAP. In the case of other trigger events, the repurchase price is the lower of the 30-day VWAP or ZAR 60.00 per share.
	The BEE shares will be contractually restricted as to resale for a period of five years from the date of issuance, with the exception of periodic sales which may be made to fund the repayment of principal and interest on the loans. In addition, the Company may call the BEE shares then owned by the BEE partners, either in exchange for a minority interest in CPS or for a cash payment equal to the 30-day VWAP. Further, after the fifth anniversary of the date of issuance of the BEE shares, the Company will have a right of first refusal on the shares owned by the BEE partners.
	The loans to the BEE partners do not provide that they are recourse only to the BEE shares. Nevertheless, the Company expects that the sole source of repayment of the loans will be proceeds from the sale of its shares by the BEE partners from time to time, in open market or in privately negotiated transactions.
	Acquisition of KSNET non-controlling interests
	The Company acquired substantially all of the issued share capital of KSNET, Inc. that it did not previously own for approximately $2.0 million in cash. After the acquisition of the additional shares, the Company now owns almost 100% of KSNET and intends to purchase the remaining shares it does not yet own. The Company believes that it will realize certain Korean tax efficiencies in the future if it is able to acquire the remaining KSNET shares that it does not own. The transaction was accounted for as an equity transaction with a non-controlling interest and accordingly, no gain or loss was recognized in the Company's consolidated statement of operations. The carrying amount of the non-controlling interest was adjusted to reflect the change in ownership interest in KSNET. The difference between the fair value of the consideration paid and the amount by which the non-controlling interest was adjusted, of $1.5 million, was recognized in equity attributable to Net1.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive (Loss) Income	6 Months Ended
	Dec. 31, 2013
Accumulated Other Comprehensive (Loss) Income [Abstract]	'
Accumulated Other Comprehensive (Loss) Income	'
	11. Accumulated other comprehensive (loss) income
	The table below presents the change in accumulated other comprehensive (loss) income per component during the six months ended December 31, 2013:
						Six months ended
						31-Dec-13
						Net
						unrealized
						income
						(loss) on
			Foreign			asset
			currency			available
			translation			for sale, net
			reserve			of tax			Total
		'	0		'	0		'	0
	Balance as of June 30, 2013	$	(101,188	)	$	330		$	(100,858	)
	Movement in foreign currency translation reserve		4,794			-			4,794
	Unrealized loss on asset available for sale, net of tax of $15		-			(39	)		(39	)
	Balance as of December 31, 2013	$	(96,394	)	$	291		$	(96,103	)
	There were no reclassification from accumulated other comprehensive loss to comprehensive (loss) income during the six months ended December 31, 2013 or 2012, respectively.

StockBased_Compensation

Stock-Based Compensation	6 Months Ended
	Dec. 31, 2013
Stock-Based Compensation [Abstract]	'
Stock-Based Compensation	'
	12. Stock-based compensation
	Stock option and restricted stock activity
	Options
	The following table summarizes stock option activity for the three and six months ended December 31, 2013 and 2012:
					Weighted				Weighted
				Weighted	Average				Average
				average	Remaining		Aggregate		Grant
				exercise	Contractual		Intrinsic		Date Fair
		Number of		price	Term		Value		Value
		shares		($)	(in years)		($'000)		($)
	Outstanding – June 30, 2013	2,648,583		15.15	5.98		313
	Granted under Plan: August
	2013	224,896		7.35	10		568		2.53
	Outstanding – December
	31, 2013	2,873,479		14.54	5.79		1,037
	Outstanding – June 30, 2012	2,247,583		16.28	6.43		602
	Granted under Plan: August
	2012	431,000		8.75	10		1,249		2.9
	Exercised	(30,000	)	7.98			24
	Outstanding – December
	31, 2012	2,648,583		15.15	6.74		978
	The fair value of each option is estimated on the date of grant using the Cox Ross Rubinstein binomial model that uses the assumptions noted in the following table. The estimated expected volatility is calculated based on the Company's 250 day volatility. The estimated expected life of the option was determined based historical behavior of employees who were granted options with similar terms. The Company has estimated no forfeitures for options awarded in August 2013 and 2012, respectively. The table below presents the range of assumptions used to value options granted during the three and six months ended December 31, 2013 and 2012:
		Three and six months ended
		December 31,
		2013		2012
	Expected volatility	50	%	49	%
	Expected dividends	0	%	0	%
	Expected life (in years)	3		3
	Risk-free rate	0.9	%	0.3	%
	The following table presents stock options vesting and expecting to vest as of December 31, 2013:
				Weighted
			Weighted	Average		Aggregat
			average	Remaining		e
			exercise	Contractual		Intrinsic
		Number of	price	Term		Value
		shares	($)	(in years)		($'000)
	Vested and expecting to vest
	– December 31, 2013	2,873,479	14.54	5.79		1,037
	These options have an exercise price range of $6.59 to $24.46.
					Weighted
					Average
				Weighted	Remaining		Aggregate
				average	Contractual		Intrinsic
		Number of		exercise	Term		Value
		shares		price ($)	(in years)		('000)
	Exercisable	2,144,917	$	16.51	4.97	$	566
	During each of the three months ended December 31, 2013 and 2012, respectively, 159,666 stock options became exercisable. During the six months ended December 31, 2013 and 2012, respectively, 358,333 and 244,666 stock options became exercisable. Included in the 244,666 stock options are 30,000 stock options with respect to which the Remuneration Committee of the Board agreed to accelerate vesting, in August 2012, prior to the resignation of a non-employee director. During the six months ended December 31, 2012, the Company received approximately $0.2 million from 30,000 stock options exercised by the non-employee director that resigned. No stock options were exercised during the three and six months ended December 31, 2013 or during the three months ended December 31, 2012. The Company issues new shares to satisfy stock option exercises.
	Restricted stock
	The following table summarizes restricted stock activity for the three and six months ended December 31, 2013 and 2012:
					Weighted
		Number of			Average
		Shares of			Grant Date
		Restricted			Fair Value
		Stock			($'000)
	Non-vested – June 30, 2013	405,226		$	4,393
	Granted – August 2013	187,963			1,382
	Vested – August 2013	(16,907	)		161
	Forfeitures – October 2013	(7,171	)		161
	Non-vested – December 31, 2013	569,111			5,572
	Non-vested – June 30, 2012	646,617			7,061
	Granted – August 2012	21,569			189
	Vested – August 2012	(23,436	)		216
	Non-vested – December 31, 2012	644,750		$	7,021
No restricted stock vested during the three months ended December 31, 2013 and 2012, respectively. The fair value of restricted stock vesting during the six months ended December 31, 2013 and 2012, respectively, was $0.2 million and $0.2 million. A non-employee director resigned during the three months ended December 31, 2013, and forfeited 7,171 shares of restricted stock. Included in the 23,436 shares of restricted stock that vested in August 2012 are 8,547 shares with respect to which the Remuneration Committee of the Board agreed to accelerate vesting prior to the resignation of a non-employee director.
The fair value of restricted stock is based on the closing price of the Company's stock quoted on The Nasdaq Global Select Market on the date of grant.
Stock-based compensation charge and unrecognized compensation cost
The Company has recorded a stock compensation charge of $1.0 million and $1.1 million for the three months ended December 31, 2013 and 2012, respectively, which comprised:
					Allocated to cost
					of goods sold, IT		Allocated to
					processing,		selling, general
		Total			servicing and		and
		charge			support		administration
Three months ended December 31, 2013
Stock-based compensation charge	$	974			-	$	974
Reversal of stock compensation charge related to
restricted stock forfeited		(6	)		-		(6	)
Total – three months ended December 31, 2013 .	$	968		$	-	$	968
Three months ended December 31, 2012
Stock-based compensation charge	$	1,117		$	-	$	1,117
Total – three months ended December 31, 2012	$	1,117		$	-	$	1,117
The Company has recorded a stock compensation charge of $1.9 million and $2.2 million for the six months ended December 31, 2013 and 2012, respectively, which comprised:
					Allocated to cost
					of goods sold, IT		Allocated to
					processing,		selling, general
		Total			servicing and		and
		charge			support		administration
Six months ended December 31, 2013
Stock-based compensation charge	$	1,904		$	-	$	1,904
Reversal of stock compensation charge related to
restricted stock forfeited		(6	)		-		(6	)
Total – six months ended December 31, 2013	$	1,898		$	-	$	1,898
Six months ended December 31, 2012
Stock-based compensation charge	$	2,233		$	-	$	2,233
Total – six months ended December 31, 2012	$	2,233		$	-	$	2,233
The stock-based compensation charges have been allocated to selling, general and administration based on the allocation of the cash compensation paid to the employees.
As of December 31, 2013, the total unrecognized compensation cost related to stock options was approximately $1.3 million, which the Company expects to recognize over approximately three years. As of December 31, 2013, the total unrecognized compensation cost related to restricted stock awards was approximately $3.6 million, which the Company expects to recognize over approximately two years.
As of each of December 31, 2013 and June 30, 2013, respectively, the Company has recorded a deferred tax asset of approximately $1.4 million related to the stock-based compensation charge recognized related to employees and directors of Net1 as it is able to deduct the grant date fair value for taxation purposes in the United States.

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	13. Earnings per share
	Basic earnings per share include shares of restricted stock that meet the definition of a participating security because these shares are eligible to receive non-forfeitable dividend equivalents at the same rate as common stock. Basic earnings per share have been calculated using the two-class method and basic earnings per share for the three and six months ended December 31, 2013 and 2012, reflects only undistributed earnings. The computation below of basic earnings per share excludes the net income attributable to shares of unvested restricted stock (participating non-vested restricted stock) from the numerator and excludes the dilutive impact of these unvested shares of restricted stock from the denominator.
	Diluted earnings per share has been calculated to give effect to the number of shares of additional common stock that would have been outstanding if the potential dilutive instruments had been issued in each period. Stock options are included in the calculation of diluted earnings per share utilizing the treasury stock method and are not considered to be participating securities as the stock options do not contain non-forfeitable dividend rights. The calculation of diluted earnings per share includes the dilutive effect of a portion of the restricted stock granted to employees in February 2012 and August 2013 as these shares of restricted stock are considered contingently returnable shares for the purposes of the diluted earnings per share calculation and the vesting conditions in respect of a portion of the restricted stock had been satisfied. The vesting conditions are discussed in Note 17 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2013.
	The following table presents net income attributable to Net1 (income from continuing operations) and the share data used in the basic and diluted earnings per share computations using the two-class method:
			Three months ended						Six months ended
			December 31,						December 31,
			2013			2012			2013			2012
			(in thousands except percent						(in thousands except percent
			and						and
			per share data)						per share data)
	Numerator:
	Net income attributable to Net1	$	12,749		$	2,629		$	24,345		$	9,373
	Undistributed earnings		12,749			2,629			24,345			9,373
	Percent allocated to common shareholders
	(Calculation 1)		99	%		99	%		99	%		99	%
	Numerator for earnings per share: basic and
	diluted	$	12,594		$	2,597		$	24,075		$	9,256
	Denominator:
	Denominator for basic earnings per share:
	weighted-average common shares
	outstanding		45,221			44,989			45,218			44,981
	Effect of dilutive securities:
	Performance shares related to
	acquisition		-			-			-			-
	Stock options		156			26			113			37
	Denominator for diluted earnings per
	share: adjusted weighted average
	common shares outstanding and
	assumed conversion		45,377			45,015			45,331			45,018
	Earnings per share:
	Basic	$	0.28		$	0.06		$	0.53		$	0.21
	Diluted	$	0.28		$	0.06		$	0.53		$	0.21
	(Calculation 1)
	Basic weighted-average common shares
	outstanding (A)		45,221			44,989			45,218			44,981
	Basic weighted-average common shares
	outstanding and unvested restricted shares
	expected to vest (B)		45,776			45,550			45,725			45,550
	Percent allocated to common shareholders
	(A) / (B)		99	%		99	%		99	%		99	%
	Options to purchase 1,530,863 shares of the Company's common stock at prices ranging from $13.14 to $24.46 per share were outstanding during the three and six months ended December 31, 2013, but were not included in the computation of diluted earnings per share because the options' exercise price were greater than the average market price of the Company's common shares. The options, which expire at various dates through August 21, 2023, were still outstanding as of December 31, 2013.

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information	6 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow Information [Abstract]	'
Supplemental Cash Flow Information	'
	14. Supplemental cash flow information
	The following table presents the supplemental cash flow disclosures for the three and six months ended December 31, 2013 and 2012:
				Three months ended				Six months ended
				December 31,				December 31,
				2013		2012		2013		2012
		Cash received from interest	$	3,223	$	2,584	$	6,464	$	5,709
		Cash paid for interest	$	2,027	$	2,053	$	3,666	$	4,053
		Cash paid for income taxes	$	14,029	$	10,137	$	14,527	$	10,479

Operating_Segments

Operating Segments	6 Months Ended
	Dec. 31, 2013
Operating Segments [Abstract]	'
Operating Segments	'
	15. Operating segments
	The Company discloses segment information as reflected in the management information systems reports that its chief operating decision maker uses in making decisions and to report certain entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets or reports material revenues. A description of the Company's operating segments is contained in Note 22 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2013.
	The following tables summarize segment information which is prepared in accordance with GAAP:
			Three months ended						Six months ended
			December 31,						December 31,
			2013			2012			2013			2012
	Revenues from external customers
	SA transaction-based activities	$	72,237		$	60,764		$	135,269		$	122,128
	International transaction-based activities		37,288			33,113			74,105			64,762
	Smart card accounts		11,237			8,219			22,566			16,583
	Financial services		6,199			1,448			8,626			2,832
	Hardware, software and related technology sales		10,322			7,898			20,211			16,819
	Total		137,283			111,442			260,777			223,124
	Inter-company revenues
	SA transaction-based activities		2,957			3,885			5,232			7,868
	International transaction-based activities		-			-			-			-
	Smart card accounts		-			-			-			-
	Financial services		273			401			525			787
	Hardware, software and related technology sales		349			379			519			587
	Total		3,579			4,665			6,276			9,242
	Operating income (loss)
	SA transaction-based activities		13,398			1,933			26,680			8,333
	International transaction-based activities		1,365			202			3,416			31
	Smart card accounts		3,203			2,342			6,431			4,727
	Financial services		1,727			1,048			1,783			2,145
	Hardware, software and related technology sales		1,592			795			4,540			2,779
	Subtotal: Operating segments		21,285			6,320			42,850			18,015
	Corporate/Eliminations		(2,483	)		(1,348	)		(7,648	)		(3,718	)
	Total		18,802			4,972			35,202			14,297
	Interest income
	SA transaction-based activities		-			-			-			-
	International transaction-based activities		-			-			-			-
	Smart card accounts		-			-			-			-
	Financial services		-			-			-			-
	Hardware, software and related technology sales		-			-			-			-
	Subtotal: Operating segments		-			-			-			-
	Corporate/Eliminations		3,236			2,589			6,555			5,680
	Total	$	3,236		$	2,589		$	6,555		$	5,680
	Interest expense
	SA transaction-based activities	$	20		$	202		$	43		$	345
	International transaction-based activities		-			-			44			-
	Smart card accounts		-			-			-			-
	Financial services		338			-			389			-
	Hardware, software and related technology sales		198			56			359			126
	Subtotal: Operating segments		556			258			835			471
	Corporate/Eliminations		1,670			1,765			3,143			3,623
	Total		2,226			2,023			3,978			4,094
	Depreciation and amortization
	SA transaction-based activities		2,485			3,289			4,932			6,430
	International transaction-based activities		7,064			7,025			14,470			13,704
	Smart card accounts		-			-			-			-
	Financial services		116			97			233			184
	Hardware, software and related technology sales		109			76			168			173
	Subtotal: Operating segments		9,774			10,487			19,803			20,491
	Corporate/Eliminations		-			-			-			-
	Total		9,774			10,487			19,803			20,491
	Income taxation expense (benefit)
	SA transaction-based activities		3,746			483			7,458			2,236
	International transaction-based activities		487			(147	)		644			(580	)
	Smart card accounts		896			655			1,799			1,323
	Financial services		393			298			403			610
	Hardware, software and related technology sales		309			192			1,002			630
	Subtotal: Operating segments		5,831			1,481			11,306			4,219
Corporate/Eliminations		1,268			1,490			2,278			2,481
Total		7,099			2,971			13,584			6,700
Net income (loss)
SA transaction-based activities		9,632			1,247			19,179			5,751
International transaction-based activities		1,049			492			2,986			835
Smart card accounts		2,307			1,686			4,631			3,402
Financial services		1,011			769			1,038			1,570
Hardware, software and related technology sales		1,088			552			3,183			2,029
Subtotal: Operating segments		15,087			4,746			31,017			13,587
Corporate/Eliminations		(2,338	)		(2,117	)		(6,672	)		(4,214	)
Total		12,749			2,629			24,345			9,373
Expenditures for long-lived assets
SA transaction-based activities		1,743			1,375			2,299			4,969
International transaction-based activities		4,682			4,067			9,513			6,770
Smart card accounts		-			-			-			-
Financial services		(14	)		127			186			272
Hardware, software and related technology sales		434			28			463			39
Subtotal: Operating segments		6,845			5,597			12,461			12,050
Corporate/Eliminations		-			-			-			-
Total	$	6,845		$	5,597		$	12,461		$	12,050
The segment information as reviewed by the chief operating decision maker does not include a measure of segment assets per segment as all of the significant assets are used in the operations of all, rather than any one, of the segments. The Company does not have dedicated assets assigned to a particular operating segment. Accordingly, it is not meaningful to attempt an arbitrary allocation and segment asset allocation is therefore not presented.
It is impractical to disclose revenues from external customers for each product and service or each group of similar products and services.

Income_Tax

Income Tax	6 Months Ended
	Dec. 31, 2013
Income Tax [Abstract]	'
Income Tax	'
	16. Income tax
	Income tax in interim periods
	For the purposes of interim financial reporting, the Company determines the appropriate income tax provision by first applying the effective tax rate expected to be applicable for the full fiscal year to ordinary income. This amount is then adjusted for the tax effect of significant unusual or extraordinary items, for instance, changes in tax law, valuation allowances and non-deductible transaction-related expenses that are reported separately, and have an impact on the tax charge. The cumulative effect of any change in the enacted tax rate, if and when applicable, on the opening balance of deferred tax assets and liabilities is also included in the tax charge as a discrete event in the interim period in which the enactment date occurs.
	For the three and six months ended December 31, 2013, the tax charge was calculated using the expected effective tax rate for the year. The Company's effective tax rate for the three and six months ended December 31, 2013, was 35.8% and 35.9%, respectively, and was higher than the South African statutory rate primarily as a result of non-deductible expenses (including interest expense related to the Company's long-term Korean borrowings and stock-based compensation charges. The Company's effective tax rate for the three and six months ended December 31, 2012, was 53.6% and 42.2%, respectively, and was higher than the South African statutory rate primarily as a result of non-deductible expenses (including interest expense related to the Company's long-term Korean borrowings and stock-based compensation charges) and South African dividend withholding taxes.
	Uncertain tax positions
	There were no changes during the three and six months ended December 31, 2013. As of December 31, 2013, the Company had accrued interest related to uncertain tax positions of approximately $0.2 million on its balance sheet.
	The Company does not expect changes related to its unrecognized tax benefits will have a significant impact on its results of operations or financial position in the next 12 months.
	The Company files income tax returns mainly in South Africa, Korea, Austria, Botswana, the Russian Federation and in the US federal jurisdiction. As of December 31, 2013, the Company is no longer subject to any new income tax examination by the South African Revenue Service for years before June 30, 2009. In 2011, the Korea National Tax Service had completed the examination of the Company's returns in Korea related to years 2006 through 2010. The Company is subject to income tax in other jurisdictions outside South Africa and Korea, none of which are individually material to its financial position, cash flows, or results of operations.

Commitments_And_Contingencies

Commitments And Contingencies	6 Months Ended
	Dec. 31, 2013
Commitments And Contingencies [Abstract]	'
Commitments And Contingencies	'
	17. Commitments and contingencies
	Guarantees
	The South African Revenue Service and certain of the Company's customers, suppliers and other business partners have asked the Company to provide them with guarantees, including standby letters of credit, issued by a South African bank. The Company is required to procure these guarantees for these third parties to operate its business.
	Nedbank has issued guarantees to these third parties amounting to ZAR 132.0 million ($12.6 million, translated at exchange rates applicable as of December 31, 2013) and thereby utilizing part of the Company's short-term facility. The Company in turn has provided nonrecourse, unsecured counter-guarantees to Nedbank for the same amount. The Company pays commission of between 0.2% per annum to 2.0% per annum of the face value of these guarantees and does not recover any of the commission from third parties.
	The Company has not recognized any obligation related to these counter-guarantees in its unaudited condensed consolidated balance sheet as of December 31, 2013. The maximum potential amount that the Company could pay under these guarantees is ZAR 132.0 million ($12.6 million, translated at exchange rates applicable as of December 31, 2013). The guarantees have reduced the amount available for borrowings under the Company's short-term credit facility described in note 8.
	Contingencies
	Securities Litigation
	On December 24, 2013, Net1, its chief executive officer and its chief financial officer were named as defendants in a purported class action lawsuit filed in the United States District Court for the Southern District of New York alleging violations of the federal securities laws.
	The lawsuit alleges that Net1 made materially false and misleading statements regarding its business and compliance policies in its SEC filings and other public disclosures. The lawsuit was brought on behalf of a purported shareholder of Net1 and all other similarly situated shareholders who purchased its securities between August 27, 2009 and November 27, 2013. The lawsuit seeks unspecified damages. The Company believes this lawsuit has no merit and intends to defend it vigorously.
	The Company is subject to a variety of insignificant claims and suits that arise from time to time in the ordinary course of business.
	Management currently believes that the resolution of these matters, individually or in the aggregate, will not have a material adverse impact on the Company's financial position, results of operations and cash flows.

Basis_Of_Presentation_And_Summ1

Basis Of Presentation And Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Dec. 31, 2013
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]	'
Unaudited Interim Financial Information	'
	Unaudited Interim Financial Information
	The accompanying unaudited condensed consolidated financial statements include all majority-owned subsidiaries over which the Company exercises control and have been prepared in accordance with US generally accepted accounting principles ("GAAP") and the rules and regulations of the Securities and Exchange Commission for quarterly reports on Form 10-Q and include all of the information and disclosures required for interim financial reporting. The results of operations for the three and six months ended December 31, 2013 and 2012, are not necessarily indicative of the results for the full year. The Company believes that the disclosures are adequate to make the information presented not misleading.
	These financial statements should be read in conjunction with the financial statements, accounting policies and financial notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2013. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair representation of financial results for the interim periods presented.
	References to the "Company" refer to Net1 and its consolidated subsidiaries, unless the context otherwise requires. References to Net1 are references solely to Net 1 UEPS Technologies, Inc.
	The Company has updated its accounting policy for the allowance for doubtful finance loans receivable as a result of the increase in its UEPS-based lending book which is included in finance loans receivable in its unaudited condensed consolidated balance sheet. The Company does not believe that an allowance for doubtful finance loans receivable is required for finance loans receivable as of June 30, 2013, because this was an established book and has been recovered. However, the profile of the loan book has changed due to the expansion of the UEPS-based lending book during the six months ended December 31, 2013, and accordingly an allowance for doubtful finance loans receivable is deemed required by the Company.
Loan Provisions And Allowance For Doubtful Accounts Receivable	'
	Loan provisions and allowance for doubtful accounts receivable
	UEPS-based lending
	The Company's policy is to regularly review the ageing of outstanding amounts due from borrowers and adjust the provision based on management's estimate of the recoverability of finance loans receivable. The Company writes off UEPS-based loans and related service fees if a borrower is in arrears with repayments for more than three months or dies.
Recent Accounting Pronouncements	'
	Recent accounting pronouncements adopted
	In February 2013, the FASB issued guidance regarding Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This guidance requires entities to present (either on the face of the statement of operations or in the notes) the effects on the line items of the statement of operations for amounts reclassified out of accumulated other comprehensive income. The guidance is effective for the Company beginning July 1, 2013 and is applied prospectively. The adoption of this guidance did not have a material impact on the Company's financial statements.
	Recent accounting pronouncements not yet adopted as of December 31, 2013
	In March 2013, the FASB issued guidance regarding Parent's Accounting for the Cumulative Translation Adjustment Upon Derecognition of Certain Subsidiaries or Groups of Assets Within a Foreign Entity or of an Investment in a Foreign Entity. This guidance requires that the parent release any related cumulative translation adjustment into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. The guidance is effective for the Company beginning July 1, 2014. Early adoption is permitted. The Company is currently evaluating the impact of this guidance on its financial statements on adoption.

Inventory_Tables

Inventory (Tables)	6 Months Ended
	Dec. 31, 2013
Inventory [Abstract]	'
Schedule Of Inventory By Categories	'
			December 31,		June 30,
			2013		2013
	Finished goods	$	13,537	$	12,222
		$	13,537	$	12,222

Fair_Value_Of_Financial_Instru1

Fair Value Of Financial Instruments And Equity-Accounted Investments (Tables)	6 Months Ended
	Dec. 31, 2013
Fair Value Of Financial Instruments And Equity-Accounted Investments [Abstract]	'
Outstanding Foreign Exchange Contracts	'
	The Company's outstanding foreign exchange contracts are as follows:
	As of December 31, 2013
	None.
	As of June 30, 2013
	Fair market
	Notional amount Strike price value price Maturity
	USD 4,000,000 ZAR 9.06 ZAR 10.1397 September 30, 2013
Fair Value Of Assets And Liabilities Measured On Recurring Basis	'
	The following table presents the Company's assets measured at fair value on a recurring basis as of December 31, 2013, according to the fair value hierarchy:
			Quoted
			Price in
			Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
			(Level 1)		(Level 2)		(Level 3)		Total
	Assets
	Related to insurance business (included in
	other long-term assets):
	Cash and cash equivalents	$	1,769	$	-	$	-	$	1,769
	Investment in Finbond (available for sale
	assets included in other long-term assets)		-		-		7,721		7,721
	Other		-		139		-		139
	Total assets at fair value	$	1,769	$	139	$	7,721	$	9,629
	The following table presents the Company's assets and liabilities measured at fair value on a recurring basis as of June 30, 2013, according to the fair value hierarchy:
			Quoted
			Price in
			Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
			(Level 1)		(Level 2)		(Level 3)		Total
	Assets
	Related to insurance business (included in
	other long-term assets):
	Cash and cash equivalents	$	1,833	$	-	$	-	$	1,833
	Investment in Finbond (available for sale
	assets included in other long-term assets)		-		-		8,303		8,303
	Other		-		147		-		147
	Total assets at fair value	$	1,833	$	147	$	8,303	$	10,283
	Liabilities
	Foreign exchange contracts	$	-	$	436	$	-	$	436
	Total liabilities at fair value	$	-	$	436	$	-	$	436

Goodwill_And_Intangible_Assets1

Goodwill And Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2013
Goodwill And Intangible Assets [Abstract]	'
Carrying Value Of Goodwill	'
					Accumulated			Carrying
			Gross value		impairment			value
	Balance as of June 30, 2013	$	218,558	$	(42,752	)	$	175,806
	Foreign currency adjustment (1)		7,383		(2,078	)		5,305
	Balance as of December 31, 2013	$	225,941	($	44,830	)	$	181,111
	(1) the foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the US dollar on the carrying value.
Goodwill Allocated To Reportable Segments	'
			As of		As of
			December 31,		June 30,
			2013		2013
	SA transaction-based activities	$	28,749	$	30,525
	International transaction-based activities		122,538		113,972
	Smart card accounts		-		-
	Financial services		-		-
	Hardware, software and related technology sales		29,824		31,309
	Total	$	181,111	$	175,806
Carrying Value And Accumulated Amortization Of Intangible Assets	'
			As of December 31, 2013							As of June 30, 2013
			Gross					Net		Gross					Net
			carrying		Accumulated			carrying		carrying		Accumulated			carrying
			value		amortization			value		value		amortization			value
	Finite-lived intangible assets:
	Customer relationships	$	95,000	($	35,332	)	$	59,668	$	90,469	$	(29,818	)	$	60,651
	Software and unpatented
	technology		36,116		(25,531	)		10,585		34,951		(22,151	)		12,800
	FTS patent		3,648		(3,648	)		-		3,873		(3,873	)		-
	Exclusive licenses		4,506		(4,506	)		-		4,506		(4,506	)		-
	Trademarks		6,721		(3,100	)		3,621		6,611		(2,805	)		3,806
	Customer database		579		(579	)		-		614		(614	)		-
	Total finite-lived intangible
	assets	$	146,570	($	72,696	)	$	73,874	$	141,024	$	(63,767	)	$	77,257
Future Estimated Annual Amortization Expense	'
	2014	$	15,793
	2015		15,742
	2016		11,361
	2017		9,023
	2018		9,023
	Thereafter	$	20,823

Reinsurance_Assets_And_Policy_1

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Tables)	6 Months Ended
	Dec. 31, 2013
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]	'
Summary Of The Movement In Reinsurance Assets And Policy Holder Liabilities Under Insurance Contracts	'
			Reinsurance			Insurance
			assets (1)			contracts (2)
	Balance as of June 30, 2013	$	19,557		$	(19,711	)
	Foreign currency adjustment (3)		(1,138	)		1,147
	Balance as of December 31, 2013	$	18,419		$	(18,564	)
	(1) Included in other long-term assets.
	(2) Included in other long-term liabilities.
	(3) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the US dollar.
Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts	'
						Investment
			Assets (1)			contracts (2)
	Balance as of June 30, 2013	$	953		$	(953	)
	Foreign currency adjustment (3)		(56	)		56
	Balance as of December 31, 2013	$	897		$	(897	)
	(1) Included in other long-term assets.
	(2) Included in other long-term liabilities.
	(3) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the US dollar.

Capital_Structure_Tables

Capital Structure (Tables)	6 Months Ended
	Dec. 31, 2013
Capital Structure [Abstract]	'
Schedule Of Number Of Shares, Net Of Treasury	'
		Six months ended
		December 31,
		2013		2012
		'000		'000
	Number of shares, net of treasury:
	Statement of changes in equity	45,773,342		45,600,471
	Less: Non-vested equity shares that have
	not vested	(569,111	)	(644,750	)
	Number of shares, net of treasury
	excluding non-vested equity shares
	that have not vested	45,204,231		44,955,721

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive (Loss) Income (Tables)	6 Months Ended
	Dec. 31, 2013
Accumulated Other Comprehensive (Loss) Income [Abstract]	'
Changes In Accumulated Other Comprehensive (Loss) Income	'
						Six months ended
						31-Dec-13
						Net
						unrealized
						income
						(loss) on
			Foreign			asset
			currency			available
			translation			for sale, net
			reserve			of tax			Total
		'	0		'	0		'	0
	Balance as of June 30, 2013	$	(101,188	)	$	330		$	(100,858	)
	Movement in foreign currency translation reserve		4,794			-			4,794
	Unrealized loss on asset available for sale, net of tax of $15		-			(39	)		(39	)
	Balance as of December 31, 2013	$	(96,394	)	$	291		$	(96,103	)

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	6 Months Ended
	Dec. 31, 2013
Stock-Based Compensation [Abstract]	'
Range Of Assumptions Used To Value Options Granted	'
		Three and six months ended
		December 31,
		2013		2012
	Expected volatility	50	%	49	%
	Expected dividends	0	%	0	%
	Expected life (in years)	3		3
	Risk-free rate	0.9	%	0.3	%
Summarized Stock Option Activity	'
					Weighted				Weighted
				Weighted	Average				Average
				average	Remaining		Aggregate		Grant
				exercise	Contractual		Intrinsic		Date Fair
		Number of		price	Term		Value		Value
		shares		($)	(in years)		($'000)		($)
	Outstanding – June 30, 2013	2,648,583		15.15	5.98		313
	Granted under Plan: August
	2013	224,896		7.35	10		568		2.53
	Outstanding – December 31,
	2013	2,873,479		14.54	5.79		1,037
	Outstanding – June 30, 2012	2,247,583		16.28	6.43		602
	Granted under Plan: August
	2012	431,000		8.75	10		1,249		2.9
	Exercised	(30,000	)	7.98			24
	Outstanding – December 31,
	2012	2,648,583		15.15	6.74		978
	The following table presents stock options vesting and expecting to vest as of December 31, 2013:
				Weighted
			Weighted	Average
			average	Remaining		Aggregate
			exercise	Contractual		Intrinsic
		Number of	price	Term		Value
		shares	($)	(in years)		($'000)
	Vested and expecting to vest
	– December 31, 2013	2,873,479	14.54	5.79		1,037
	These options have an exercise price range of $6.59 to $24.46.
				Weighted
				Average
			Weighted	Remaining		Aggregate
			average	Contractual		Intrinsic
		Number of	exercise	Term		Value
		shares	price ($)	(in years)		($'000)
	Exercisable	2,144,917	16.51	4.97		566
Restricted Stock Activity	'
					Weighted
		Number of			Average
		Shares of			Grant Date
		Restricted			Fair Value
		Stock			($'000)
	Non-vested – June 30, 2013	405,226		$	4,393
	Granted – August 2013	187,963			1,382
	Vested – August 2013	(16,907	)		161
	Forfeitures – October 2013	(7,171	)		161
	Non-vested – December 31, 2013	569,111			5,572
	Non-vested – June 30, 2012	646,617			7,061
	Granted – August 2012	21,569			189
	Vested – August 2012	(23,436	)		216
	Non-vested – December 31, 2012	644,750		$	7,021
Recorded Net Stock Compensation Charge	'
						Allocated to cost
						of goods sold, IT		Allocated to
						processing,		selling, general
			Total			servicing and		and
			charge			support		administration
	Three months ended December 31, 2013
	Stock-based compensation charge	$	974			-	$	974
	Reversal of stock compensation charge related to
	restricted stock forfeited		(6	)		-		(6	)
	Total – three months ended December 31, 2013 .	$	968		$	-	$	968
	Three months ended December 31, 2012
	Stock-based compensation charge	$	1,117		$	-	$	1,117
	Total – three months ended December 31, 2012	$	1,117		$	-	$	1,117
						Allocated to cost
						of goods sold, IT		Allocated to
						processing,		selling, general
			Total			servicing and		and
			charge			support		administration
	Six months ended December 31, 2013
	Stock-based compensation charge	$	1,904		$	-	$	1,904
	Reversal of stock compensation charge related to
	restricted stock forfeited		(6	)		-		(6	)
	Total – six months ended December 31, 2013	$	1,898		$	-	$	1,898
	Six months ended December 31, 2012
	Stock-based compensation charge	$	2,233		$	-	$	2,233
	Total – six months ended December 31, 2012	$	2,233		$	-	$	2,233

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Basic And Diluted Earnings Per Share	'
			Three months ended						Six months ended
			December 31,						December 31,
			2013			2012			2013			2012
			(in thousands except percent						(in thousands except percent
			and						and
			per share data)						per share data)
	Numerator:
	Net income attributable to Net1	$	12,749		$	2,629		$	24,345		$	9,373
	Undistributed earnings		12,749			2,629			24,345			9,373
	Percent allocated to common shareholders
	(Calculation 1)		99	%		99	%		99	%		99	%
	Numerator for earnings per share: basic and
	diluted	$	12,594		$	2,597		$	24,075		$	9,256
	Denominator:
	Denominator for basic earnings per share:
	weighted-average common shares
	outstanding		45,221			44,989			45,218			44,981
	Effect of dilutive securities:
	Performance shares related to
	acquisition		-			-			-			-
	Stock options		156			26			113			37
	Denominator for diluted earnings per
	share: adjusted weighted average
	common shares outstanding and
	assumed conversion		45,377			45,015			45,331			45,018
	Earnings per share:
	Basic	$	0.28		$	0.06		$	0.53		$	0.21
	Diluted	$	0.28		$	0.06		$	0.53		$	0.21
	(Calculation 1)
	Basic weighted-average common shares
	outstanding (A)		45,221			44,989			45,218			44,981
	Basic weighted-average common shares
	outstanding and unvested restricted shares
	expected to vest (B)		45,776			45,550			45,725			45,550
	Percent allocated to common shareholders
	(A) / (B)		99	%		99	%		99	%		99	%

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow Information [Abstract]	'
Schedule Of Supplemental Cash Flow Disclosures	'
				Three months ended				Six months ended
				December 31,				December 31,
				2013		2012		2013		2012
		Cash received from interest	$	3,223	$	2,584	$	6,464	$	5,709
		Cash paid for interest	$	2,027	$	2,053	$	3,666	$	4,053
		Cash paid for income taxes	$	14,029	$	10,137	$	14,527	$	10,479

Operating_Segments_Tables

Operating Segments (Tables)	6 Months Ended
	Dec. 31, 2013
Operating Segments [Abstract]	'
Summary Of Segment Information	'
			Three months ended						Six months ended
			December 31,						December 31,
			2013			2012			2013			2012
	Revenues from external customers
	SA transaction-based activities	$	72,237		$	60,764		$	135,269		$	122,128
	International transaction-based activities		37,288			33,113			74,105			64,762
	Smart card accounts		11,237			8,219			22,566			16,583
	Financial services		6,199			1,448			8,626			2,832
	Hardware, software and related technology sales		10,322			7,898			20,211			16,819
	Total		137,283			111,442			260,777			223,124
	Inter-company revenues
	SA transaction-based activities		2,957			3,885			5,232			7,868
	International transaction-based activities		-			-			-			-
	Smart card accounts		-			-			-			-
	Financial services		273			401			525			787
	Hardware, software and related technology sales		349			379			519			587
	Total		3,579			4,665			6,276			9,242
	Operating income (loss)
	SA transaction-based activities		13,398			1,933			26,680			8,333
	International transaction-based activities		1,365			202			3,416			31
	Smart card accounts		3,203			2,342			6,431			4,727
	Financial services		1,727			1,048			1,783			2,145
	Hardware, software and related technology sales		1,592			795			4,540			2,779
	Subtotal: Operating segments		21,285			6,320			42,850			18,015
	Corporate/Eliminations		(2,483	)		(1,348	)		(7,648	)		(3,718	)
	Total		18,802			4,972			35,202			14,297
	Interest income
	SA transaction-based activities		-			-			-			-
	International transaction-based activities		-			-			-			-
	Smart card accounts		-			-			-			-
	Financial services		-			-			-			-
	Hardware, software and related technology sales		-			-			-			-
	Subtotal: Operating segments		-			-			-			-
	Corporate/Eliminations		3,236			2,589			6,555			5,680
	Total	$	3,236		$	2,589		$	6,555		$	5,680
	Interest expense
	SA transaction-based activities	$	20		$	202		$	43		$	345
	International transaction-based activities		-			-			44			-
	Smart card accounts		-			-			-			-
	Financial services		338			-			389			-
	Hardware, software and related technology sales		198			56			359			126
	Subtotal: Operating segments		556			258			835			471
	Corporate/Eliminations		1,670			1,765			3,143			3,623
	Total		2,226			2,023			3,978			4,094
	Depreciation and amortization
	SA transaction-based activities		2,485			3,289			4,932			6,430
	International transaction-based activities		7,064			7,025			14,470			13,704
	Smart card accounts		-			-			-			-
	Financial services		116			97			233			184
	Hardware, software and related technology sales		109			76			168			173
	Subtotal: Operating segments		9,774			10,487			19,803			20,491
	Corporate/Eliminations		-			-			-			-
	Total		9,774			10,487			19,803			20,491
	Income taxation expense (benefit)
	SA transaction-based activities		3,746			483			7,458			2,236
	International transaction-based activities		487			(147	)		644			(580	)
	Smart card accounts		896			655			1,799			1,323
	Financial services		393			298			403			610
	Hardware, software and related technology sales		309			192			1,002			630
	Subtotal: Operating segments		5,831			1,481			11,306			4,219
	Corporate/Eliminations		1,268			1,490			2,278			2,481
	Total		7,099			2,971			13,584			6,700
	Net income (loss)
SA transaction-based activities		9,632			1,247			19,179			5,751
International transaction-based activities		1,049			492			2,986			835
Smart card accounts		2,307			1,686			4,631			3,402
Financial services		1,011			769			1,038			1,570
Hardware, software and related technology sales		1,088			552			3,183			2,029
Subtotal: Operating segments		15,087			4,746			31,017			13,587
Corporate/Eliminations		(2,338	)		(2,117	)		(6,672	)		(4,214	)
Total		12,749			2,629			24,345			9,373
Expenditures for long-lived assets
SA transaction-based activities		1,743			1,375			2,299			4,969
International transaction-based activities		4,682			4,067			9,513			6,770
Smart card accounts		-			-			-			-
Financial services		(14	)		127			186			272
Hardware, software and related technology sales		434			28			463			39
Subtotal: Operating segments		6,845			5,597			12,461			12,050
Corporate/Eliminations		-			-			-			-
Total	$	6,845		$	5,597		$	12,461		$	12,050

Inventory_Details

Inventory (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Inventory [Abstract]	'	'
Finished goods	$13,537	$12,222
Inventory	$13,537	$12,222	[1]
[1]	Derived from audited financial statements

Fair_Value_Of_Financial_Instru2

Fair Value Of Financial Instruments And Equity-Accounted Investments (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Significant fluctuation of US Dollar to ZAR exchange rate, in years	'	'	'2 years	'
Transfers in or out of Level 3	$0	$0	$0	$0
Impairment charges	'	'	0	'
Nonrecurring [Member]	'	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Liabilities	$0	'	$0	'
Finbond [Member]	'	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Equity method investment, shares	156,788,712	'	156,788,712	'
Fair value of securities representing percentage of total assets, percent	1.00%	'	1.00%	'

Fair_Value_Of_Financial_Instru3

Fair Value Of Financial Instruments And Equity-Accounted Investments (Outstanding Foreign Exchange Contracts) (Details)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2013	Dec. 31, 2013
	USD ($)		contract
Fair Value Of Financial Instruments And Equity-Accounted Investments [Abstract]	'	'	'
Notional amount	$4,000,000	'	'
Strike price (ZAR)	9.06	9.06	'
Fair market value price (ZAR)	10.1397	10.1397	'
Maturity	30-Sep-13	30-Sep-13	'
Number of foreign exchange contracts	'	'	0

Fair_Value_Of_Financial_Instru4

Fair Value Of Financial Instruments And Equity-Accounted Investments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Cash and cash equivalents	$1,769	$1,833
Investments in Finbond (available for sale assets included in other long-term assets)	7,721	8,303
Other	139	147
Total assets at fair value	9,629	10,283
Foreign exchange contracts	'	436
Total liabilities at fair value	'	436
Quoted Price In Active Markets For Identical Assets (Level 1) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Cash and cash equivalents	1,769	1,833
Total assets at fair value	1,769	1,833
Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Other	139	147
Total assets at fair value	139	147
Foreign exchange contracts	'	436
Total liabilities at fair value	'	436
Significant Unobservable Inputs (Level 3) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investments in Finbond (available for sale assets included in other long-term assets)	7,721	8,303
Total assets at fair value	$7,721	$8,303

Goodwill_And_Intangible_Assets2

Goodwill And Intangible Assets (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Goodwill And Intangible Assets [Abstract]	'	'	'	'
Amortization expense	$4.10	$4.90	$7.80	$9.60

Goodwill_And_Intangible_Assets3

Goodwill And Intangible Assets (Carrying Value Of Goodwill) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Jun. 30, 2012
Goodwill And Intangible Assets [Abstract]	'		'
Gross value, Balance as of June 30, 2013	$218,558		'
Gross value, Foreign currency adjustment	7,383	[1]	'
Gross value, Balance as of December 31, 2013	225,941		'
Accumulated impairment, Balance as of June 30, 2013	-42,752		'
Accumulated impairment, Foreign currency adjustment	-2,078	[1]	'
Accumulated impairment, Balance as of December 31, 2013	-44,830		'
Carrying value, Balance as of June 30, 2013	175,806	[2]	175,806
Carrying value, Foreign currency adjustment	5,305	[1]	'
Carrying value, Balance as of December 31, 2013	$181,111		$175,806
[1]	the foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the US dollar on the carrying value.
[2]	Derived from audited financial statements

Goodwill_And_Intangible_Assets4

Goodwill And Intangible Assets (Goodwill Allocated To Reportable Segments) (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013		Jun. 30, 2012
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'		'
Total	$181,111	$175,806	[1]	$175,806
SA Transaction-Based Activities [Member]	'	'		'
Finite-Lived Intangible Assets [Line Items]	'	'		'
Total	28,749	30,525		'
International Transaction-Based Activities [Member]	'	'		'
Finite-Lived Intangible Assets [Line Items]	'	'		'
Total	122,538	113,972		'
Smart Card Accounts [Member]	'	'		'
Finite-Lived Intangible Assets [Line Items]	'	'		'
Total	'	'		'
Financial Services [Member]	'	'		'
Finite-Lived Intangible Assets [Line Items]	'	'		'
Total	'	'		'
Hardware, Software And Related Technology Sales [Member]	'	'		'
Finite-Lived Intangible Assets [Line Items]	'	'		'
Total	$29,824	$31,309		'
[1]	Derived from audited financial statements

Goodwill_And_Intangible_Assets5

Goodwill And Intangible Assets (Carrying Value And Accumulated Amortization Of Intangible Assets) (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	$146,570	$141,024
Accumulated amortization	-72,696	-63,767
Net carrying value	73,874	77,257	[1]
Customer Relationships [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	95,000	90,469
Accumulated amortization	-35,332	-29,818
Net carrying value	59,668	60,651
Software And Unpatented Technology [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	36,116	34,951
Accumulated amortization	-25,531	-22,151
Net carrying value	10,585	12,800
FTS Patent [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	3,648	3,873
Accumulated amortization	-3,648	-3,873
Exclusive Licenses [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	4,506	4,506
Accumulated amortization	-4,506	-4,506
Trademarks [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	6,721	6,611
Accumulated amortization	-3,100	-2,805
Net carrying value	3,621	3,806
Customer Database [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	579	614
Accumulated amortization	($579)	($614)
[1]	Derived from audited financial statements

Goodwill_And_Intangible_Assets6

Goodwill And Intangible Assets (Future Estimated Annual Amortization Expense) (Details) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Goodwill And Intangible Assets [Abstract]	'
2014	$15,793
2015	15,742
2016	11,361
2017	9,023
2018	9,023
Thereafter	$20,823

Reinsurance_Assets_And_Policy_2

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Narrative) (Details)	6 Months Ended
	Dec. 31, 2013
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]	'
Rate of real return basis, years	'10 years
Allowance for salary inflation and book shrinkage, per annum, percent	1.00%

Reinsurance_Assets_And_Policy_3

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Summary Of The Movement In Reinsurance Assets And Policy Holder Liabilities Under Insurance Contracts) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]	'
Reinsurance assets, Balance as of June 30, 2013	$19,557	[1]
Reinsurance assets, Foreign currency adjustment	-1,138	[1],[2]
Reinsurance assets, Balance as of December 31, 2013	18,419	[1]
Insurance contracts, Balance as of June 30, 2013	-19,711	[3]
Insurance contracts, Foreign currency adjustment	1,147	[2],[3]
Insurance contracts, Balance as of December 31, 2013	($18,564)	[3]
[1]	Included in other long-term assets.
[2]	The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the US dollar.
[3]	Included in other long-term liabilities.

Reinsurance_Assets_And_Policy_4

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]	'
Assets, Balance as of June 30, 2013	$953	[1]
Assets, Foreign currency adjustment	-56	[1],[2]
Assets, Balance as of December 31, 2013	897	[1]
Investment contracts, Balance as of June 30, 2013	-953	[3]
Investment contracts, Foreign currency adjustment	56	[2],[3]
Investment contracts, Balance as of December 31, 2013	($897)	[3]
[1]	Included in other long-term assets.
[2]	The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the US dollar.
[3]	Included in other long-term liabilities.

ShortTerm_Credit_Facility_Deta

Short-Term Credit Facility (Details)	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2013	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
	USD ($)	ZAR	South African Credit Facility [Member]	South African Credit Facility [Member]	South African Credit Facility [Member]	Bank Overdrafts Facility [Member]	Bank Overdrafts Facility [Member]	Derivative Facilities [Member]	Standby Letter of Credit [Member]	Standby Letter of Credit [Member]
			USD ($)	ZAR	ZAR	ZAR	Forecast [Member]	ZAR	USD ($)	ZAR
							ZAR
Short-term Debt [Line Items]	'	'	'	'	'	'	'	'	'	'
Maximum borrowing capacity	'	'	$61.90	650	'	500	250	150	'	'
Short-term credit facility utilized	$12.60	132	$24.30	254.8	0	'	'	'	$12.60	132
Overdraft rate	'	'	7.35%	7.35%	'	'	'	'	'	'
Commitment fee percentage	0.35%	0.35%	'	'	'	'	'	'	'	'

LongTerm_Borrowings_Details

Long-Term Borrowings (Details)

1 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

1 Months Ended

6 Months Ended

6 Months Ended

6 Months Ended

1 Months Ended

6 Months Ended

Oct. 29, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Oct. 29, 2013

Oct. 29, 2013

Dec. 31, 2013

Oct. 29, 2013

Oct. 29, 2013

Oct. 28, 2013

Oct. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Dec. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Dec. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Oct. 29, 2013

Oct. 29, 2013

Dec. 31, 2013

Oct. 29, 2012

Dec. 31, 2013

KRW

USD ($)

USD ($)

USD ($)

USD ($)

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Korean CD Rate [Member]

2010 Senior Facilities Agreement [Member]

2010 Senior Facilities Agreement [Member]

2013 Senior Facilities Agreement [Member]

2013 Senior Facilities Agreement [Member]

2013 Senior Facilities Agreement [Member]

Facility A Loan [Member]

Facility A Loan [Member]

Facility A Loan [Member]

Facility B Loan [Member]

Facility B Loan [Member]

Facility B Loan [Member]

Facility C Loan [Member]

Facility C Loan [Member]

Facility C Loan [Member]

Facility A And B Loans [Member]

Facility A And B Loans [Member]

Facility A And C Loans [Member]

Third Scheduled Principal Repayment [Member]

Final Installment [Member]

USD ($)

KRW

USD ($)

KRW

item

KRW

USD ($)

KRW

USD ($)

KRW

USD ($)

KRW

USD ($)

KRW

USD ($)

Facility A Loan [Member]

KRW

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured loan facility

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$70,600,000

75,000,000,000

'

'

'

Interest expense

'

1,800,000

1,800,000

3,600,000

3,600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal repayment

'

'

'

'

'

'

'

'

87,000,000

92,400,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,300,000

'

Repayments of long term debt, using cash on hand

'

'

'

'

'

'

'

'

16,400,000

17,400,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Senior secured facilities term, in years

'

'

'

'

'

'

'

'

'

'

'5 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of separate facility agreements

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

56,400,000

60,000,000,000

'

14,100,000

15,000,000,000

'

9,400,000

10,000,000,000

'

'

'

'

'

Proceeds from Lines of Credit

'

'

'

'

'

1,000,000

1,100,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Facilities fees paid

900,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization of fees

'

100,000

'

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Margin added on rate

'

'

'

'

'

'

'

'

'

'

'

'

'

3.10%

'

'

2.90%

'

'

3.10%

'

'

'

'

'

'

'

Long-term debt, variable rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5.56%

'

'

'

'

'

'

'

5.76%

'

'

Interest rate at period end

'

'

'

'

'

'

'

2.66%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Commitment fee percent

'

'

'

'

'

'

'

'

'

'

'

'

0.30%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Annual installments

'

'

'

'

'

'

'

'

'

'

'

'

'

10,000,000,000

'

'

'

'

'

'

'

'

'

'

'

'

30,000,000,000

Payment installments beginning period, after initial drawdown

'

'

'

'

'

'

'

'

'

'

'

'

'

'30 months

'

'

'

'

'

'

'

'

'

'

'

'

'

Prepaid facility fees expensed

'

'

'

$400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Capital_Structure_Narrative_De

Capital Structure (Narrative) (Details)	6 Months Ended		6 Months Ended	0 Months Ended	6 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 06, 2013	Dec. 31, 2013	Dec. 10, 2013	Dec. 31, 2013
	ZAR		KSNET [Member]	Common Stock [Member]	Black Economic Empowerment [Member]
			USD ($)	ZAR
Class of Stock [Line Items]	'	'	'	'	'
Number of shares, available for sale	'	'	'	4,400,000	'
Common stock price per share	'	'	'	60	'
Calculated percentage of the closing price of common stock	'	75.00%	'	'	'
Loan agreement term, in years	'	'	'	'	'5 years
Interest rate at period end	'	'	'	'	550.00%
Basis points added to rate	'	'	'	'	300.00%
Percent of outstanding principal amount due for first and second payments	'	'	'	'	10.00%
Percent of outstanding principal amount due for third and fourth payments	'	'	'	'	15.00%
Share price benchmark, entire outstanding principal amount is required due	120	'	'	'	'
Failed arbitration, trigger event, days	'7 days	'	'	'	'
Period of trading days to the trigger events	'30 days	'	'	'	'
Cash paid for capital shares	'	'	$2	'	'
Difference in amount, fair value of consideration paid and non-controlling interest adjustment	'	'	$1.50	'	'
Ownership percentage	'	'	100.00%	'	'

Capital_Structure_Schedule_Of_

Capital Structure (Schedule Of Number Of Shares, Net Of Treasury) (Details)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Capital Structure [Abstract]	'	'
Number of shares, net of treasury	45,773,342	45,600,471
Less: Non-vested equity shares that have not vested	-569,111	-644,750
Number of shares, net of treasury excluding non-vested equity shares that have not vested	45,204,231	44,955,721

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive (Loss) Income (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013		Dec. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'		'
Balance as of June 30, 2013	'	'	($100,858)	[1]	'
Movement in foreign currency translation reserve	'	'	4,794		'
Unrealized loss on asset available for sale, net of tax of $15	216	258	-39		258
Balance as of December 31, 2013	-96,103	'	-96,103		'
Unrealized loss on asset available for sale, tax	'	'	15		'
Reclassification from accumulated other comprehensive loss	'	'	0		0
Foreign Currency Translation Reserve [Member]	'	'	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'		'
Balance as of June 30, 2013	'	'	-101,188		'
Movement in foreign currency translation reserve	'	'	4,794		'
Balance as of December 31, 2013	-96,394	'	-96,394		'
Net Unrealized Income (Loss) On Assets Available For Sale, Net Of Tax [Member]	'	'	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'		'
Balance as of June 30, 2013	'	'	330		'
Unrealized loss on asset available for sale, net of tax of $15	'	'	-39		'
Balance as of December 31, 2013	$291	'	$291		'
[1]	Derived from audited financial statements

StockBased_Compensation_Narrat

Stock-Based Compensation (Narrative) (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

6 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

Aug. 31, 2013

Aug. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Jun. 30, 2013

Dec. 31, 2013

Aug. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Oct. 31, 2013

Aug. 31, 2013

Aug. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Resigned Non-Employee Director [Member]

Stock Options [Member]

Stock Options [Member]

Stock Options [Member]

Stock Options [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Expected volatility calculation term

'

'

'

'

'250 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercisable stock options

'

'

159,666

159,666

358,333

244,666

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from exercise of stock options

'

'

'

'

'

'

'

$200,000

'

'

'

'

'

'

'

'

'

'

'

Agreed number of accelerated vesting stock

'

'

'

'

'

'

'

'

30,000

'

'

'

'

'

8,547

'

'

'

'

Options exercised, shares

'

'

'

'

'

30,000

'

30,000

'

0

0

0

'

'

'

'

'

'

'

Stock-based compensation charge

'

'

968,000

1,117,000

1,898,000

2,233,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value of restricted stock vested

'

'

'

'

'

'

'

'

'

'

'

'

'

161,000

216,000

'

'

200,000

200,000

Vested stock

'

'

'

'

'

'

'

'

'

'

'

'

'

16,907

23,436

0

0

'

'

Forfeitures, Number of shares

0

0

'

'

'

'

'

'

'

'

'

'

7,171

'

'

'

'

'

'

Unrecognized compensation cost

'

'

'

'

'

'

'

'

'

1,300,000

'

1,300,000

'

'

'

3,600,000

'

3,600,000

'

Deferred tax asset

'

'

$1,400,000

'

$1,400,000

'

$1,400,000

'

'

'

'

'

'

'

'

'

'

'

'

Unrecognized compensation cost, expected recognition period, years

'

'

'

'

'

'

'

'

'

'

'

'3 years

'

'

'

'

'

'2 years

'

StockBased_Compensation_Range_

Stock-Based Compensation (Range Of Assumptions Used To Value Options Granted) (Details)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stock-Based Compensation [Abstract]	'	'
Expected volatility	50.00%	49.00%
Expected dividends	0.00%	0.00%
Expected life (in years)	'3 years	'3 years
Risk-free rate	0.90%	0.30%

StockBased_Compensation_Summar

Stock-Based Compensation (Summarized Stock Option Activity) (Details) (USD $)	1 Months Ended		6 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Aug. 31, 2013	Aug. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013	Jun. 30, 2012
Stock-Based Compensation [Abstract]	'	'	'	'	'	'
Outstanding, Number of shares, Beginning Balance	'	'	2,648,583	2,247,583	2,247,583	'
Granted under Plan, Number of shares	224,896	431,000	'	'	'	'
Exercised, Number of shares	'	'	'	-30,000	'	'
Outstanding, Number of shares, Ending Balance	'	'	2,873,479	2,648,583	2,648,583	2,247,583
Outstanding, Weighted average exercise price, Beginning Balance	'	'	$15.15	$16.28	$16.28	'
Granted under Plan, Weighted average exercise price	$7.35	$8.75	'	'	'	'
Exercised, Weighted average exercise price	'	'	'	$7.98	'	'
Outstanding, Weighted average exercise price, Ending Balance	'	'	$14.54	$15.15	$15.15	$16.28
Outstanding, Weighted Average Remaining Contractual Term (in years), Beginning Balance	'	'	'5 years 9 months 15 days	'6 years 8 months 27 days	'5 years 11 months 23 days	'6 years 5 months 5 days
Granted under Plan, Weighted Average Remaining Contractual Term (in years)	'10 years	'10 years	'	'	'	'
Outstanding, Weighted Average Remaining Contractual Term (in years), Ending Balance	'	'	'5 years 9 months 15 days	'6 years 8 months 27 days	'5 years 11 months 23 days	'6 years 5 months 5 days
Outstanding, Aggregate Intrinsic Value, Beginning Balance	'	'	$313	$602	$602	'
Granted under Plan, Aggregate Intrinsic Value	568	1,249	'	'	'	'
Exercised, Aggregate Intrinsic Value	'	'	'	24	'	'
Outstanding, Aggregate Intrinsic Value, Ending Balance	'	'	1,037	978	313	602
Granted under Plan, Weighted Average Grant Date Fair Value	$2.53	$2.90	'	'	'	'
Options exercise price range, lower limit	'	'	$6.59	'	'	'
Options exercise price range, upper limit	'	'	$24.46	'	'	'
Vested and expected to vest, Number of shares	'	'	2,873,479	'	'	'
Vested and expecting to vest, Weighted average exercise price	'	'	$14.54	'	'	'
Vested and expecting to vest, Weighted Average Remaining Contractual Term (in years)	'	'	'5 years 9 months 15 days	'	'	'
Vested and expected to vest, Aggregate Intrinsic Value	'	'	1,037	'	'	'
Exercisable, Number of Shares	'	'	2,144,917	'	'	'
Exercisable, Weighted average exercise price	'	'	$16.51	'	'	'
Exercisable, Weighted Average Remaining Contractual Term (in years)	'	'	'4 years 11 months 19 days	'	'	'
Exercisable, Aggregate Intrinsic Value	'	'	$566	'	'	'

StockBased_Compensation_Restri

Stock-Based Compensation (Restricted Stock Activity) (Details) (USD $)	1 Months Ended			3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 31, 2013	Aug. 31, 2013	Aug. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Forfeitures, Number of shares	'	0	0	'	'	'	'
Restricted Stock [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Non-vested, Number of Shares of Restricted Stock, Beginning Balance	'	'	'	'	'	405,226	646,617
Granted, Number of Shares of Restricted Stock	'	187,963	21,569	'	'	'	'
Vested, Number of Shares of Restricted Stock	'	-16,907	-23,436	0	0	'	'
Forfeitures, Number of shares	-7,171	'	'	'	'	'	'
Non-vested, Number of Shares of Restricted Stock, Ending Balance	'	'	'	569,111	644,750	569,111	644,750
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance	'	'	'	'	'	$4,393	$7,061
Granted, Weighted Average Grant Date Fair Value	'	1,382	189	'	'	'	'
Vested, Weighted Average Grant Date Fair Value	'	161	216	'	'	200	200
Forfeitures, Weighted Average Grant Date Fair Value	161	'	'	'	'	'	'
Non-vested, Weighted Average Grant Date Fair Value, Ending Balance	'	'	'	$5,572	$7,021	$5,572	$7,021

StockBased_Compensation_Record

Stock-Based Compensation (Recorded Net Stock Compensation Charge) (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Stock-based compensation charge	$974	$1,117	$1,904	$2,233
Reversal of stock compensation charge related to restricted stock forfeited	-6	'	-6	'
Total	968	1,117	1,898	2,233
Allocated To Cost Of Goods Sold, IT Processing, Servicing And Support [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Stock-based compensation charge	'	'	'	'
Reversal of stock compensation charge related to restricted stock forfeited	'	'	'	'
Total	'	'	'	'
Allocated To Selling, General And Administration [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Stock-based compensation charge	974	1,117	1,904	2,233
Reversal of stock compensation charge related to restricted stock forfeited	-6	'	-6	'
Total	$968	$1,117	$1,898	$2,233

Earnings_Per_Share_Narrative_D

Earnings Per Share (Narrative) (Details) (USD $)	3 Months Ended	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2013
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]	'	'
Options exercise price range, lower limit	'	$6.59
Options exercise price range, upper limit	'	$24.46
Stock Options [Member]	'	'
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]	'	'
Number of options to purchase common stock	1,530,863	1,530,863
Options exercise price range, lower limit	$13.14	$13.14
Options exercise price range, upper limit	$24.46	$24.46

Earnings_Per_Share_Basic_And_D

Earnings Per Share (Basic And Diluted Earnings Per Share) (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]	'	'	'	'
Net income attributable to Net 1	$12,749	$2,629	$24,345	$9,373
Undistributed earnings	12,749	2,629	24,345	9,373
Percent allocated to common shareholders (Calculation 1)	99.00%	99.00%	99.00%	99.00%
Numerator for earnings per share: basic and diluted	$12,594	$2,597	$24,075	$9,256
Weighted average number of outstanding shares of common stock - basic	45,221	44,989	45,218	44,981
Effect of dilutive securities: Performance shares related to acquisitions	'	'	'	'
Effect of dilutive securities: Stock options	156	26	113	37
Weighted average number of outstanding shares of common stock - diluted	45,377	45,015	45,331	45,018
Basic	$0.28	$0.06	$0.53	$0.21
Diluted	$0.28	$0.06	$0.53	$0.21
Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)	45,776	45,550	45,725	45,550

Supplemental_Cash_Flow_Informa2

Supplemental Cash Flow Information (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Supplemental Cash Flow Information [Abstract]	'	'	'	'
Cash received from interest	$3,223	$2,584	$6,464	$5,709
Cash paid for interest	2,027	2,053	3,666	4,053
Cash paid for income taxes	$14,029	$10,137	$14,527	$10,479

Operating_Segments_Details

Operating Segments (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]	'	'	'	'
Revenues from external customers	$137,283	$111,442	$260,777	$223,124
Inter-company revenues	3,579	4,665	6,276	9,242
Operating income (loss)	18,802	4,972	35,202	14,297
Interest income	3,236	2,589	6,555	5,680
Interest expense	2,226	2,023	3,978	4,094
Depreciation and amortization	9,774	10,487	19,803	20,491
Income taxation expense (benefit)	7,099	2,971	13,584	6,700
Net income (loss)	12,749	2,629	24,345	9,373
Expenditures for long-lived assets	6,845	5,597	12,461	12,050
SA Transaction-Based Activities [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues from external customers	72,237	60,764	135,269	122,128
Inter-company revenues	2,957	3,885	5,232	7,868
Operating income (loss)	13,398	1,933	26,680	8,333
Interest income	'	'	'	'
Interest expense	20	202	43	345
Depreciation and amortization	2,485	3,289	4,932	6,430
Income taxation expense (benefit)	3,746	483	7,458	2,236
Net income (loss)	9,632	1,247	19,179	5,751
Expenditures for long-lived assets	1,743	1,375	2,299	4,969
International Transaction-Based Activities [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues from external customers	37,288	33,113	74,105	64,762
Inter-company revenues	'	'	'	'
Operating income (loss)	1,365	202	3,416	31
Interest income	'	'	'	'
Interest expense	'	'	44	'
Depreciation and amortization	7,064	7,025	14,470	13,704
Income taxation expense (benefit)	487	-147	644	-580
Net income (loss)	1,049	492	2,986	835
Expenditures for long-lived assets	4,682	4,067	9,513	6,770
Smart Card Accounts [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues from external customers	11,237	8,219	22,566	16,583
Inter-company revenues	'	'	'	'
Operating income (loss)	3,203	2,342	6,431	4,727
Interest income	'	'	'	'
Interest expense	'	'	'	'
Depreciation and amortization	'	'	'	'
Income taxation expense (benefit)	896	655	1,799	1,323
Net income (loss)	2,307	1,686	4,631	3,402
Expenditures for long-lived assets	'	'	'	'
Financial Services [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues from external customers	6,199	1,448	8,626	2,832
Inter-company revenues	273	401	525	787
Operating income (loss)	1,727	1,048	1,783	2,145
Interest income	'	'	'	'
Interest expense	338	'	389	'
Depreciation and amortization	116	97	233	184
Income taxation expense (benefit)	393	298	403	610
Net income (loss)	1,011	769	1,038	1,570
Expenditures for long-lived assets	-14	127	186	272
Hardware, Software And Related Technology Sales [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Revenues from external customers	10,322	7,898	20,211	16,819
Inter-company revenues	349	379	519	587
Operating income (loss)	1,592	795	4,540	2,779
Interest income	'	'	'	'
Interest expense	198	56	359	126
Depreciation and amortization	109	76	168	173
Income taxation expense (benefit)	309	192	1,002	630
Net income (loss)	1,088	552	3,183	2,029
Expenditures for long-lived assets	434	28	463	39
Subtotal: Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Operating income (loss)	21,285	6,320	42,850	18,015
Interest income	'	'	'	'
Interest expense	556	258	835	471
Depreciation and amortization	9,774	10,487	19,803	20,491
Income taxation expense (benefit)	5,831	1,481	11,306	4,219
Net income (loss)	15,087	4,746	31,017	13,587
Expenditures for long-lived assets	6,845	5,597	12,461	12,050
Corporate/Eliminations [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Operating income (loss)	-2,483	-1,348	-7,648	-3,718
Interest income	3,236	2,589	6,555	5,680
Interest expense	1,670	1,765	3,143	3,623
Depreciation and amortization	'	'	'	'
Income taxation expense (benefit)	1,268	1,490	2,278	2,481
Net income (loss)	-2,338	-2,117	-6,672	-4,214
Expenditures for long-lived assets	'	'	'	'

Income_Tax_Details

Income Tax (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Income Tax [Abstract]	'	'	'	'
Effective tax rate	35.80%	53.60%	35.90%	42.20%
Unrecognized tax position changes	$0	'	$0	'
Accrued interest related to uncertain tax positions	$0.20	'	$0.20	'

Commitments_And_Contingencies_

Commitments And Contingencies (Details)	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
	USD ($)	ZAR	Guarantee [Member]
Guarantor Obligations [Line Items]	'	'	'
Charge rate, minimum	'	'	0.20%
Charge rate, maximum	'	'	2.00%
Short-term credit facility utilized	$12.60	132	'
Maximum payment amount under guarantee	$12.60	132	'