Lesaka (LSAK) 10-Q 4 Feb 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2015	Feb. 03, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Registrant Name	NET 1 UEPS TECHNOLOGIES INC
Entity Central Index Key	1,041,514
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		46,965,134

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015	[1]
CURRENT ASSETS
Cash and cash equivalents	$ 101,417	$ 117,583
Pre-funded social welfare grants receivable (Note 2)	2,503	2,306
Accounts receivable, net of allowances of - December: $3,407; June: $1,956	149,005	148,768
Finance loans receivable, net of allowances of - December; $4,555; June: $4,227	43,036	40,373
Inventory (Note 3)	10,636	12,979
Deferred income taxes	4,937	7,298
Total current assets before settlement assets	311,534	329,307
Settlement assets (Note 4)	321,812	661,916
Total current assets	633,346	991,223
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of - December: $95,537; June: $94,014	53,216	52,320
EQUITY-ACCOUNTED INVESTMENTS	14,626	14,329
GOODWILL (Note 6)	152,312	166,437
INTANGIBLE ASSETS, net (Note 6)	38,686	47,124
OTHER LONG-TERM ASSETS, including reinsurance assets (Note 5 and Note 7)	11,286	14,997
TOTAL ASSETS	903,472	1,286,430
CURRENT LIABILITIES
Accounts payable	13,541	21,453
Other payables	43,125	45,595
Current portion of long-term borrowings (Note 9)	8,503	8,863
Income taxes payable	3,092	6,287
Total current liabilities before settlement obligations	68,261	82,198
Settlement obligations (Note 4)	321,812	661,916
Total current liabilities	390,073	744,114
DEFERRED INCOME TAXES	8,483	10,564
LONG-TERM BORROWINGS (Note 9)	50,091	50,762
OTHER LONG-TERM LIABILITIES, including insurance policy liabilities (Note 7)	1,321	2,205
TOTAL LIABILITIES	$ 449,968	$ 807,645
COMMITMENTS AND CONTINGENCIES (Note 17)
EQUITY
COMMON STOCK (Note 10) Authorized: 200,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury - December: 46,573,489; June: 46,679,565	$ 64	$ 64
PREFERRED STOCK Authorized shares: 50,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury: December: -; June: -
ADDITIONAL PAID-IN-CAPITAL	$ 219,416	$ 213,896
TREASURY SHARES, AT COST: December: 18,806,441; June: 18,057,228	(225,706)	(214,520)
ACCUMULATED OTHER COMPREHENSIVE LOSS	(199,324)	(139,181)
RETAINED EARNINGS	657,546	617,868
TOTAL NET1 EQUITY	451,996	478,127
NON-CONTROLLING INTEREST	1,508	658
TOTAL EQUITY	453,504	478,785
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 903,472	$ 1,286,430
[1]	Derived from audited financial statements

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Condensed Consolidated Balance Sheets [Abstract]
Accounts receivable, allowances	$ 3,407	$ 1,956
Finance loans receivable, allowances	4,555	4,227
Property, plant and equipment, accumulated depreciation	$ 95,537	$ 94,014
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	46,573,489	46,679,565
Common stock, shares outstanding	46,573,489	46,679,565
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued
Preferred stock, shares outstanding
Treasury shares, shares outstanding	18,806,441	18,057,228

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Condensed Consolidated Statements Of Operations [Abstract]
REVENUE	$ 150,281	$ 154,131	$ 304,754	$ 310,572
EXPENSE
Cost of goods sold, IT processing, servicing and support	78,668	71,774	156,050	146,180
Selling, general and administration	36,248	41,385	72,009	80,121
Depreciation and amortization	10,586	10,157	20,701	20,331
OPERATING INCOME	24,779	30,815	55,994	63,940
INTEREST INCOME	3,664	3,587	7,939	7,677
INTEREST EXPENSE	1,054	1,107	2,028	2,419
INCOME BEFORE INCOME TAX EXPENSE	27,389	33,295	61,905	69,198
INCOME TAX EXPENSE (Note 16)	10,593	10,203	21,490	21,851
NET INCOME BEFORE EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	16,796	23,092	40,415	47,347
EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	388	76	576	168
NET INCOME	17,184	23,168	40,991	47,515
LESS NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST	526	794	1,313	1,052
NET INCOME ATTRIBUTABLE TO NET1	$ 16,658	$ 22,374	$ 39,678	$ 46,463
Net income per share, in U.S. dollars (Note 13)
Basic earnings attributable to Net1 shareholders	$ 0.35	$ 0.48	$ 0.84	$ 0.99
Diluted earnings attributable to Net1 shareholders	$ 0.35	$ 0.48	$ 0.84	$ 0.99

Condensed Consolidated Stateme5

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Condensed Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 17,184	$ 23,168	$ 40,991	$ 47,515
Other comprehensive income (loss)
Net unrealized income (loss) on asset available for sale, net of tax			50	(226)
Movement in foreign currency translation reserve	(16,960)	(16,401)	(60,656)	(37,586)
Total other comprehensive loss, net of taxes	(16,960)	(16,401)	(60,606)	(37,812)
Comprehensive income (loss)	224	6,767	(19,615)	9,703
Less comprehensive income attributable to non-controlling interest	(345)	(771)	(850)	(1,003)
Comprehensive (loss) income attributable to Net1	$ (121)	$ 5,996	$ (20,465)	$ 8,700

Condensed Consolidated Stateme6

Condensed Consolidated Statement Of Changes In Equity - 6 months ended Dec. 31, 2015 - USD ($) $ in Thousands	Common And Treasury Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total Net1 Equity [Member]	Non-Controlling Interest [Member]	Total
Balance, Number of Shares at Jun. 30, 2015	64,736,793	46,679,565	(18,057,228)
Balance at Jun. 30, 2015	$ 64		$ (214,520)	$ 213,896	$ 617,868	$ (139,181)	$ 478,127	$ 658	$ 478,785	[1]
Repurchase of common stock (Note 10)			$ (11,186)				(11,186)		$ (11,186)
Repurchase of common stock (Note 10), Number of Treasury Shares		(749,213)	(749,213)						(749,213)
Restricted stock granted (Note 12), Number of Shares	319,492	319,492
Exercise of stock option (Note 12)				3,762			3,762		$ 3,762
Exercise of stock option (Note 12), Number of Shares	323,645	323,645							323,645
Stock-based compensation charge (Note 12)				1,691			1,691		$ 1,691
Income tax benefit from vested stock awards				67			67		67
Net income					39,678		39,678	1,313	40,991
Other comprehensive loss (Note 11)						(60,143)	(60,143)	(463)	(60,606)
Balance at Dec. 31, 2015	$ 64		$ (225,706)	$ 219,416	$ 657,546	$ (199,324)	$ 451,996	$ 1,508	$ 453,504
Balance, Number of Shares at Dec. 31, 2015	65,379,930	46,573,489	(18,806,441)						46,573,489
[1]	Derived from audited financial statements

Condensed Consolidated Stateme7

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities
Net income	$ 17,184	$ 23,168	$ 40,991	$ 47,515
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:
Depreciation and amortization	10,586	10,157	20,701	20,331
Earnings from equity-accounted investments	(388)	(76)	(576)	(168)
Fair value adjustments	1,567	(234)	3,000	179
Interest payable	645	140	1,354	1,299
Loss (Profit) on disposal of property, plant and equipment	11	(109)	(84)	(231)
Stock-based compensation charge	965	1,035	1,691	1,951
Facility fee amortized	35	52	69	134
(Increase) Decrease in accounts receivable, pre-funded social welfare grants receivable and finance loans receivable	(13,847)	(7,315)	(31,125)	2,155
Decrease (Increase) in inventory	776	(622)	(155)	(2,745)
Decrease in accounts payable and other payables	(5,418)	(1,456)	(2,046)	(12,389)
(Decrease) Increase in taxes payable	(8,859)	(9,963)	(1,035)	(3,352)
Increase (Decrease) in deferred taxes	789	(168)	(637)	(558)
Net cash provided by operating activities	4,046	14,609	32,148	54,121
Cash flows from investing activities
Capital expenditures	(9,947)	(9,137)	(20,645)	(18,515)
Proceeds from disposal of property, plant and equipment	269	373	617	614
Proceeds from sale of business (Note 14)				1,895
Other investing activities		(29)		(29)
Net change in settlement assets	264,404	241,652	242,829	198,598
Net cash provided by investing activities	254,726	232,859	222,801	182,563
Cash flows from financing activities
Acquisition of treasury stock (Note 10)	(11,186)		(11,186)	(9,151)
Proceeds from issue of common stock			3,762	989
Long-term borrowings utilized	711	1,081	1,431	2,178
Repayment of long-term borrowings (Note 9)		(14,128)		(14,128)
Sale of equity to non-controlling interest (Note 10)				1,407
Net change in settlement obligations	(264,404)	(241,652)	(242,829)	(198,598)
Net cash used in financing activities	(274,879)	(254,699)	(248,822)	(217,303)
Effect of exchange rate changes on cash	(8,086)	(2,973)	(22,293)	(7,072)
Net (decrease) increase in cash and cash equivalents	(24,193)	(10,204)	(16,166)	12,309
Cash and cash equivalents - beginning of period	125,610	81,185	117,583	58,672
Cash and cash equivalents - end of period	$ 101,417	$ 70,981	$ 101,417	$ 70,981

Basis Of Presentation And Summa

Basis Of Presentation And Summary Of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2015
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 U.S. generally accepted accounting principles ("GAAP") and the rules and regulations of the United States 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, 2015 and 2014, 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, 2015. 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 Recent accounting pronouncements adopted There were no accounting pronouncements adopted during the three months ended December 31, 2015. Recent accounting pronouncements not yet adopted as of December 31, 2015 In May 2014, the FASB issued guidance regarding Revenue from Contracts with Customers . This guidance requires an entity to recognize revenue when a customer obtains control of promised goods or services in an amount that reflects the consideration to which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The guidance was effective for the Company beginning July 1, 2017, however this date has been extended as per subsequent guidance issued by the FASB. Early adoption is not permitted. The Company expects that this guidance may have a material impact on its financial statements and is currently evaluating the impact of this guidance on its financial statements on adoption. In August 2015, the FASB issued guidance regarding Revenue from Contracts with Customers, Deferral of the Effective Date . This guidance defers the required implementation date specified in Revenue from Contracts with Customers to December 2017. Public companies may elect to adopt the standard along the original timeline. The Company expects that this guidance will may a material impact on its financial statements and is currently evaluating the impact of this guidance on its financial statements on adoption. In August 2014, the FASB issued guidance regarding Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern . This guidance requires an entity to perform interim and annual assessments of its ability to continue as a going concern within one year of the date that its financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity's ability to continue as a going concern. The guidance is effective for the Company beginning July 1, 2017. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In February 2015, the FASB issued guidance regarding Amendments to the Consolidation Analysis . This guidance amends both the variable interest entity and voting interest entity consolidation models. The requirement to assess an entity under a different consolidation model may change previous consolidation conclusions. The guidance is effective for the Company beginning July 1, 2016. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In July 2015, the FASB issued guidance regarding Simplifying the Measurement of Inventory . This guidance requires entities to measure most inventory "at the lower of cost and net realizable value," thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market (market in this context is defined as one of three different measures). The guidance will not apply to inventories that are measured by using either the last-in, first-out ("LIFO") method or the retail inventory method ("RIM"). The guidance is effective for the Company beginning July 1, 2017. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In November 2015, the FASB issued guidance regarding Balance Sheet Classification of Deferred Taxes . This guidance requires that deferred tax liabilities and assets are to be classified as non-current in a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this update. This guidance is effective for the Company beginning July 1, 2017, with early adoption permitted on a prospective or retrospective basis. The Company is currently assessing the impact of this guidance on its financial statements disclosures. In January 2016, the FASB issued guidance regarding Recognition and Measurement of Financial Assets and Financial Liabilities . The guidance primarily affects the accounting for equity investments, financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. In addition, the guidance clarifies the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. This guidance is effective for the Company beginning July 1, 2018, and early adoption is not permitted, with certain exceptions. The amendments are required to be applied by means of a cumulative-effect adjustment on the balance sheet as of the beginning of the fiscal year of adoption. The Company is currently assessing the impact of this guidance on its financial statements disclosure.

Pre-Funded Social Welfare Grant

Pre-Funded Social Welfare Grants Receivable	6 Months Ended
	Dec. 31, 2015
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 2016 payment service commenced on January 1, 2016, but the Company pre-funded certain merchants participating in the merchant acquiring system on the last two

Inventory

Inventory	6 Months Ended
	Dec. 31, 2015
Inventory [Abstract]
Inventory	3. Inventory The Company's inventory comprised the following categories as of December 31, 2015 and June 30, 2015. December 31, June 30, 2015 2015 Finished goods $ 10,636 $ 12,979 $ 10,636 $ 12,979

Settlement Assets And Settlemen

Settlement Assets And Settlement Obligations	6 Months Ended
	Dec. 31, 2015
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 recipient beneficiaries of social welfare grants and (2) 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 recipient beneficiaries of social welfare grants, and (2) 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 Instrum

Fair Value Of Financial Instruments	6 Months Ended
	Dec. 31, 2015
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	5. Fair value of financial instruments Initial recognition and measurement Financial instruments are recognized when the Company becomes a party to the transaction. Initial measurements are at cost, which includes transaction costs. Risk management The Company seeks to reduce its exposure to currencies other than the South African Rand ("ZAR") 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 U.S. dollar. The Company has used forward contracts in order to limit its exposure in these transactions to fluctuations in exchange rates between the ZAR, on the one hand, and the U.S. dollar and the euro, on the other hand. Translation risk Translation risk relates to the risk that the Company's results of operations will vary significantly as the U.S. dollar is its reporting currency, but it earns most of its revenues and incurs most of its expenses in ZAR. The U.S. dollar to ZAR exchange rate has fluctuated significantly over the past three 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. Financial instruments 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 The fair value of these securities as of December 31, 2015, represented approximately 1 Derivative transactions - Foreign exchange contracts As part of the Company's risk management strategy, the Company enters into derivative transactions to mitigate exposures to foreign currencies using foreign exchange contracts. These foreign exchange contracts are over-the-counter derivative transactions. Substantially all of the Company's derivative exposures are with counterparties that have long-term credit ratings of BBB or better. The Company uses quoted prices in active markets for similar assets and liabilities to determine fair value (Level 2). The Company has no derivatives that require fair value measurement under Level 1 or 3 of the fair value hierarchy. The Company's outstanding foreign exchange contracts are as follows: As of December 31, 2015 Fair market Notional amount Strike price value price Maturity EUR 526,663 ZAR 15.6625 ZAR 17.1150 January 20, 2016 EUR 308,132 ZAR 15.5555 ZAR 17.3414 March 22, 2016 EUR 820,758 ZAR 15.6514 ZAR 17.4525 April 20, 2016 EUR 757,096 ZAR 15.7501 ZAR 17.5708 May 20, 2016 EUR 739,848 ZAR 15.8548 ZAR 17.6930 June 20, 2016 EUR 573,765 ZAR 15.9587 ZAR 17.8143 July 20, 2016 EUR 554,495 ZAR 16.0643 ZAR 17.9385 August 19, 2016 EUR 465,711 ZAR 16.1798 ZAR 18.0710 September 20, 2016 EUR 393,675 ZAR 16.2911 ZAR 18.2015 October 20, 2016 EUR 302,369 ZAR 16.4085 ZAR 18.3475 November 21, 2016 As of June 30, 2015 Fair market Notional amount Strike price value price Maturity EUR 526,263.00 ZAR 15.1145 ZAR 13.6275 July 20, 2015 EUR 526,263.00 ZAR 15.2025 ZAR 13.7062 August 20, 2015 EUR 526,263.00 ZAR 15.2944 ZAR 13.7898 September 21, 2015 EUR 526,263.00 ZAR 15.3809 ZAR 13.8683 October 20, 2015 EUR 509,516.00 ZAR 15.4728 ZAR 13.9540 November 20, 2015 EUR 529,865.00 ZAR 15.5654 ZAR 14.0397 December 21, 2015 EUR 526,663.00 ZAR 15.6625 ZAR 14.1239 January 20, 2016 The following table presents the Company's assets measured at fair value on a recurring basis as of December 31, 2015, 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 $ 1,757 $ - $ - $ 1,757 Investment in Finbond (available for sale assets included in other long-term assets) - - 5,973 5,973 Other - 36 - 36 Total assets at fair value $ 1,757 $ 36 $ 5,973 $ 7,766 The following table presents the Company's assets and liabilities measured at fair value on a recurring basis as of June 30, 2015, 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 $ 1,640 $ - $ - $ 1,640 Investment in Finbond (available for sale assets included in other long-term assets) - - 7,488 7,488 Other - 1,259 - 1,259 Total assets at fair value $ 1,640 $ 1,259 $ 7,488 $ 10,387 Liabilities Foreign exchange contracts $ - $ 452 $ - $ 452 Total liabilities at fair value $ - $ 452 $ - $ 452 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, 2015 and 2014, respectively. There have been no 3 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, Net	6 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets, Net [Abstract]
Goodwill And Intangible Assets, Net	6. Goodwill and intangible assets, net Goodwill Summarized below is the movement in the carrying value of goodwill for the six months ended December 31, 2015: Accumulated Carrying Gross value impairment value Balance as of June 30, 2015 $ 166,437 $- $ 166,437 Foreign currency adjustment (1) (14,125 ) - (14,125 ) Balance as of December 31, 2015 $ 152,312 $- $ 152,312 (1) – The foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the U.S. dollar on the carrying value. Goodwill has been allocated to the Company's reportable segments as follows: South Financial African International inclusion and transaction transaction applied Carrying processing processing technologies value Balance as of June 30, 2015 $ 24,579 $ 115,519 $ 26,339 $ 166,437 Foreign currency adjustment (1) (5,148 ) (4,671 ) (4,306 ) (14,125 ) Balance as of December 31, 2015 $ 19,431 $ 110,848 $ 22,033 $ 152,312 (1) – The foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the U.S. dollar on the carrying value. Intangible assets, net Carrying value and amortization of intangible assets Summarized below is the carrying value and accumulated amortization of the intangible assets as of December 31, 2015 and June 30, 2015: As of December 31, 2015 As of June 30, 2015 Gross Net Gross Net carrying Accumulated carrying carrying Accumulated carrying value amortization value value amortization value Finite-lived intangible assets: Customer relationships $ 82,181 $ (45,631 ) $ 36,550 $ 88,109 $ (45,312 ) $ 42,797 Software and unpatented technology 27,778 (27,778 ) - 29,964 (28,323 ) 1,641 FTS patent 2,465 (2,465 ) - 3,119 (3,119 ) - Exclusive licenses 4,506 (4,506 ) - 4,506 (4,506 ) - Trademarks 5,450 (3,314 ) 2,136 6,094 (3,408 ) 2,686 Total finite-lived intangible assets $ 122,380 $ (83,694 ) $ 38,686 $ 131,792 $ (84,668 ) $ 47,124 Aggregate amortization expense on the finite-lived intangible assets for the three months ended December 31, 2015 and 2014, was approximately $ 2.5 3.9 5.9 7.7 Future estimated annual amortization expense for the next five fiscal years and thereafter, assuming exchange rates that prevailed on December 31, 2015, 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. 2016 $ 10,157 2017 8,010 2018 8,008 2019 7,709 2020 7,538 Thereafter $ 3,055

Reinsurance Assets And Policy H

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts	6 Months Ended
	Dec. 31, 2015
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, 2015: Reinsurance Insurance assets (1) contracts (2) Balance as of June 30, 2015 $ 183 $ (567 ) Increase in policy holder benefits under insurance contracts 15 (131 ) Foreign currency adjustment (3) (38 ) 119 Balance as of December 31, 2015 $ 160 $ (579 ) (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 U.S. 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. Policyholders' liabilities under insurance contracts are derived from actual claims submitted which had not been settled as of December 31, 2015 and June 30, 2015, respectively, and represents management's estimate of the net present value of future claims and benefits under existing insurance contracts, offset by probable future premiums to be received (net of expected service cost). 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, 2015: Investment Assets (1) contracts (2) Balance as of June 30, 2015 $ 593 $ (593 ) Foreign currency adjustment (3) (124 ) 124 Balance as of December 31, 2015 $ 469 $ (469 ) (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 U.S. dollar. The Company does not offer any investment products with guarantees related to capital or returns.

Short-Term Credit Facility

Short-Term Credit Facility	6 Months Ended
	Dec. 31, 2015
Short-Term Credit Facility [Abstract]
Short-Term Credit Facility	8. Short-term credit facility The Company's short-term credit facilities are described in Note 12 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2015. South Africa The Company's short-term South African credit facility with Nedbank Limited comprises an overdraft facility of up to ZAR 50 150 8.60 9.10 0.50 June 30, 2015 137.1 8.8 139.6 11.4 Korea The Company had not utilized any of its KRW 10 8.5 3.62

Long-Term Borrowings

Long-Term Borrowings	6 Months Ended
	Dec. 31, 2015
Long-Term Borrowings [Abstract]
Long-Term Borrowings	9. Long-term borrowings The Company's 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, 2015. The current carrying value as of December 31, 2015, is $ 58.6 4.67 The next scheduled principal payment of $ 8.5 Interest expense incurred during the three months ended December 31, 2015 and 2014, was $ 0.7 0.9 1.4 1.8 0.04 0.1 0.1 0.5

Capital Structure

Capital Structure	6 Months Ended
	Dec. 31, 2015
Capital Structure [Abstract]
Capital Structure	10. Capital structure The following table presents reconciliation between the number of shares, net of treasury, presented in the unaudited condensed consolidated statement of changes in equity during the six months ended December 31, 2015 and 2014, 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, 2015 and 2014, respectively: December 31, December 31, 2015 2014 Number of shares, net of treasury: Statement of changes in equity 46,573,489 46,547,153 Less: Non-vested equity shares that have not vested (Note 12) (589,447 ) (524,863 ) Number of shares, net of treasury excluding non-vested equity shares that have not vested 45,984,042 46,022,290 Common stock repurchases and transaction with non-controlling interests During the three and six months ended December 31, 2015, the Company repurchased 749,213 11.2 1,837,432 97.4 9.2 12.5 15.0 1.4

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	11. Accumulated other comprehensive loss The table below presents the change in accumulated other comprehensive (loss) income per component during the six months ended December 31, 2015: Six months ended December 31, 2015 Accumulated Net unrealized Accumulated income on Foreign asset currency available for translation sale, net of reserve tax Total Balance as of June 30, 2015 $ (140,221 ) $ 1,040 $ (139,181 ) Movement in foreign currency translation reserve (60,193 ) - (60,193 ) Unrealized gain on asset available for sale, net of tax of $ 11 - 50 50 Balance as of December 31, 2015 $ (200,414 ) $ 1,090 $ (199,324 ) There were no

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Dec. 31, 2015
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 six months ended December 31, 2015 and 2014: Weighted Weighted Weighted Average Average average Remaining Aggregate Grant exercise Contractual Intrinsic Date Fair Number of price Term Value Value shares ($) (in years) ($' 000 ) ($) Outstanding – June 30, 2015 2,401,169 15.34 4.74 11,516 Exercised (323,645 ) 11.62 2,669 Outstanding – December 31, 2015 2,077,524 15.92 4.08 3,623 Outstanding – June 30, 2014 2,710,392 14.16 5.38 3,909 Granted under Plan: August 2014 464,410 11.23 10.00 2,113 4.55 Exercised (688,633 ) 8.24 3,697 Outstanding – December 31, 2014 2,486,169 15.24 5.20 1,842 No 250 no The table below presents the range of assumptions used to value options granted during the six months ended December 31, 2015 and 2014: Six months ended December 31, 2015 2014 Expected volatility n/a 60 % Expected dividends n/a 0 % Expected life (in years) n/a 3 Risk-free rate n/a 1.0 % There were no The following table presents stock options vested and expecting to vest as of December 31, 2015: Weighted Weighted Average average Remaining Aggregate exercise Contractual Intrinsic Number of price Term Value shares ($) (in years) ($' 000 ) Vested and expecting to vest – December 31, 2015 2,077,524 15.92 4.08 3,623 These options have an exercise price range of $ 7.35 24.46 The following table presents stock options that are exercisable as of December 31, 2015: Weighted Weighted Average average Remaining Aggregate exercise Contractual Intrinsic Number of price Term Value shares ($) (in years) ($' 000 ) Exercisable – December 31, 2015 1,764,931 16.93 3.31 2,619 No 57,334 373,435 330,967 No 3.8 323,645 1.0 116,395 572,238 336,584 Restricted stock The following table summarizes restricted stock activity for the six months ended December 31, 2015 and 2014: Weighted Number of Average Shares of Grant Date Restricted Fair Value Stock ($' ) Non-vested – June 30, 2015 341,529 1,759 Granted – August 2015 319,492 6,406 Vested – August 2015 (71,574 ) 1,435 Non-vested – December 31, 2015 589,447 7,622 Non-vested – June 30, 2014 385,778 3,534 Granted – August 2014 141,707 581 Granted – November 2014 71,530 229 Vested – August 2014 (74,152 ) 828 Non-vested – December 31, 2014 524,863 3,795 The August 2015 grants comprise 301,537 17,955 One-third of the shares will vest if the Company achieves 2018 Fundamental EPS of $ 2.88 Two-thirds of the shares will vest if the Company achieves 2018 Fundamental EPS of $ 3.30 All of the shares will vest if the Company achieves 2018 Fundamental EPS of $ 3.76 At levels of 2018 Fundamental EPS greater $ 2.88 3.76 3.30 The August 2014 grants comprise 127,626 14,081 127,626 71,530 19.41 30 20 11.23 The 127,626 and 71,530 shares of restricted stock are effectively forward starting knock-in barrier options with a strike price of zero In scenarios where the shares do not vest, the final vested value at maturity is zero. In scenarios where vesting occurs, the final vested value on maturity is the share price on vesting date. The value of the grant is the average of the discounted vested values. The Company used an expected volatility of 76.01 three 1.27 63.73 three 1.21 30 The fair value of restricted stock vesting during the six months ended December 31, 2015 and 2014, respectively, was $ 1.4 0.8 Stock-based compensation charge and unrecognized compensation cost The Company has recorded a stock-based compensation charge of $1.0 million, respectively, during each of the three months ended December 31, 2015 and 2014, 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, 2015 Stock-based compensation charge $ 965 $- $ 965 Total – Three months ended December 31, 2015 $ 965 $- $ 965 Three months ended December 31, 2014 Stock-based compensation charge $ 1,035 $- $ 1,035 Total – Three months ended December 31, 2014 $ 1,035 $- $ 1,035 The Company has recorded a stock-based compensation charge of $1.7 million and $2.0 million, respectively, during the six months ended December 31, 2015 and 2014, 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, 2015 Stock-based compensation charge $ 1,691 $- $ 1,691 Total –six months ended December 31, 2015 $ 1,691 $- $ 1,691 Six months ended December 31, 2014 Stock-based compensation charge $ 1,951 $- $ 1,951 Total –six months ended December 31, 2014 $ 1,951 $- $ 1,951 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, 2015, the total unrecognized compensation cost related to stock options was approximately $ 1.3 two 1.6 two As of December 31, 2015 and June 30, 2015, respectively, the Company has recorded a deferred tax asset of approximately $ 1.6

Earnings Per Share

Earnings Per Share	6 Months Ended
	Dec. 31, 2015
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, 2015 and 2014, 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 have 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, August 2013, August 2014, November 2014 and August 2015 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 for awards made in August 2015 are discussed in Note 12 and the vesting conditions for all other awards are discussed in Note 18 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2015. 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, 2015 2014 2015 2014 (in thousands except percent (in thousands except percent and and per share data) per share data) Numerator: Net income attributable to Net1 $ 16,658 $ 22,374 $ 39,678 $ 46,463 Undistributed earnings 16,658 22,374 39,678 46,463 Percent allocated to common shareholders (Calculation 1) 99 % 99 % 99 % 99 % Numerator for earnings per share: basic and diluted $ 16,426 $ 22,102 $ 39,177 $ 45,947 Denominator: Denominator for basic earnings per share: weighted-average common shares outstanding 46,429 45,953 46,413 46,352 Effect of dilutive securities: Stock options 314 125 387 117 Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion 46,743 46,078 46,800 46,469 Earnings per share: Basic $ 0.35 $ 0.48 $ 0.84 $ 0.99 Diluted $ 0.35 $ 0.48 $ 0.84 $ 0.99 (Calculation 1) Basic weighted-average common shares outstanding (A) 46,429 45,953 46,413 46,352 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 47,086 46,519 47,007 46,873 Percent allocated to common shareholders (A) / (B) 99 % 99 % 99 % 99 % Options to purchase 874,443 22.51 24.46

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	14. Supplemental cash flow information The following table presents supplemental cash flow disclosures for the three and six months ended December 31, 2015 and 2014: Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 Cash received from interest $ 3,656 $ 3,577 $ 7,921 $ 7,740 Cash paid for interest $ 1,112 $ 1,195 $ 2,051 $ 2,413 Cash paid for income taxes $ 20,256 $ 20,393 $ 24,322 $ 25,553 The sale of the Company's NUETS business is described in Note 19 to its audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2015. The Company received cash sale proceeds of $ 1.9 As discussed in Note 12, during the six months ended December 31, 2014, employees exercised stock options through the delivery 336,584 13.93

Operating Segments

Operating Segments	6 Months Ended
	Dec. 31, 2015
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 23 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2015. The reconciliation of the reportable segments revenue to revenue from external customers for the three months ended December 31, 2015 and 2014, respectively, is as follows: Revenue From Reportable Inter - external Segment segment customers South African transaction processing $ 52,764 $ 3,350 $ 49,414 International transaction processing 40,836 - 40,836 Financial inclusion and applied technologies 65,686 5,655 60,031 Total for the three months ended December 31, 2015 159,286 9,005 150,281 South African transaction processing 58,427 5,437 52,990 International transaction processing 40,466 - 40,466 Financial inclusion and applied technologies 67,531 6,856 60,675 Total for the three months ended December 31, 2014 $ 166,424 $ 12,293 $ 154,131 The reconciliation of the reportable segments revenue to revenue from external customers for the six months ended December 31, 2015 and 2014, respectively, is as follows: Revenue From Reportable Inter - external Segment segment customers South African transaction processing $ 108,403 $ 6,977 $ 101,426 International transaction processing 82,065 - 82,065 Financial inclusion and applied technologies 133,046 11,783 121,263 Total for the six months ended December 31, 2015 323,514 18,760 304,754 South African transaction processing 118,679 10,558 108,121 International transaction processing 83,670 - 83,670 Financial inclusion and applied technologies 132,728 13,947 118,781 Total for the six months ended December 31, 2014 $ 335,077 $ 24,505 $ 310,572 The Company does not allocate interest income, interest expense or income tax expense to its reportable segments. The Company evaluates segment performance based on segment operating income before acquisition-related intangible asset amortization which represents operating income before acquisition-related intangible asset amortization and allocation of expenses allocated to Corporate/Eliminations, all under GAAP. The reconciliation of the reportable segments measure of profit or loss to income before income taxes for the three and six months ended December 31, 2015 and 2014, respectively, is as follows: Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 Reportable segments measure of profit or loss $ 29,839 $ 36,453 $ 66,447 $ 75,048 Operating income: Corporate/Eliminations (5,060 ) (5,638 ) (10,453 ) (11,108 ) Interest income 3,664 3,587 7,939 7,677 Interest expense (1,054 ) (1,107 ) (2,028 ) (2,419 ) Income before income taxes $ 27,389 $ 33,295 $ 61,905 $ 69,198 The following tables summarize segment information which is prepared in accordance with GAAP for the three and six months ended December 31, 2014 and 2013: Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 Revenues South African transaction processing $ 52,764 $ 58,427 $ 108,403 $ 118,679 International transaction processing 40,836 40,466 82,065 83,670 Financial inclusion and applied technologies 65,686 67,531 133,046 132,728 Total 159,286 166,424 323,514 335,077 Operating income (loss) South African transaction processing 12,080 12,883 25,591 26,522 International transaction processing 4,240 5,743 10,783 13,092 Financial inclusion and applied technologies 13,519 17,827 30,073 35,434 Subtotal: Operating segments 29,839 36,453 66,447 75,048 Corporate/Eliminations (5,060 ) (5,638 ) (10,453 ) (11,108 ) Total 24,779 30,815 55,994 63,940 Depreciation and amortization South African transaction processing 1,600 1,823 3,395 3,545 International transaction processing 6,063 4,292 10,759 8,664 Financial inclusion and applied technologies 332 203 572 382 Subtotal: Operating segments 7,995 6,318 14,726 12,591 Corporate/Eliminations 2,591 3,839 5,975 7,740 Total 10,586 10,157 20,701 20,331 Expenditures for long-lived assets South African transaction processing 1,096 1,482 2,543 2,164 International transaction processing 8,205 7,279 16,243 15,606 Financial inclusion and applied technologies 646 376 1,859 745 Subtotal: Operating segments 9,947 9,137 20,645 18,515 Corporate/Eliminations - - - - Total $ 9,947 $ 9,137 $ 20,645 $ 18,515 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 Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	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, 2015, 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, 2015, was 38.7 34.7 The Company's effective tax rate for the three and six months ended December 31, 2014, was 30.6 31.6 Uncertain tax positions The Company increased its unrecognized tax benefits by approximately $ 0.1 0.2 0.3 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. As of December 31, 2015 and June 30, 2015, the Company has unrecognized tax benefits of $ 1.9 2.3

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Dec. 31, 2015
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 128.4 8.3 128.4 8.3 0.2 2.0 The Company has not recognized any obligation related to these counter-guarantees in its consolidated balance sheet as of December 31, 2015 and June 30, 2015. The maximum potential amount that the Company could pay under these guarantees is ZAR 128.4 8.3 Contingencies U.S. Securities Litigation On September 16, 2015, the U.S. District Court for the Southern District of New York dismissed the purported securities class action litigation originally filed on December 24, 2013, against the Company, our Chief Executive Officer and our Chief Financial Officer. In its opinion, the District Court provided plaintiff with 30 days to file a second amended complaint. This deadline passed without plaintiff taking any action. Accordingly, the case has been closed. The plaintiff did not appeal and the Company considers this litigation over. 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 or cash flows.

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	18. Subsequent events On January 20, 2016, the Company acquired the remaining 56 3 391,645 44 The Company elected to settle part of the purchase price in shares in order to appropriately align the T24 management team with the Company and its global strategy. The parties have agreed that 50 50 The purchase price allocation has not been finalized, as management has not yet analyzed in detail the assets acquired and liabilities assumed. The Company expects to finalize the purchase price allocation on or before June 30, 2016. Pro forma results of operations have not been presented because the effect of the T24 acquisition, individually and in the aggregate, was not material to the Company's results of operations. The Company has incurred transaction-related expenditures of approximately $ 0.1

Basis Of Presentation And Sum26

Basis Of Presentation And Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Dec. 31, 2015
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Recent Accounting Pronouncements, Adopted	Recent accounting pronouncements adopted There were no accounting pronouncements adopted during the three months ended December 31, 2015. Recent accounting pronouncements not yet adopted as of December 31, 2015 In May 2014, the FASB issued guidance regarding Revenue from Contracts with Customers . This guidance requires an entity to recognize revenue when a customer obtains control of promised goods or services in an amount that reflects the consideration to which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The guidance was effective for the Company beginning July 1, 2017, however this date has been extended as per subsequent guidance issued by the FASB. Early adoption is not permitted. The Company expects that this guidance may have a material impact on its financial statements and is currently evaluating the impact of this guidance on its financial statements on adoption. In August 2015, the FASB issued guidance regarding Revenue from Contracts with Customers, Deferral of the Effective Date . This guidance defers the required implementation date specified in Revenue from Contracts with Customers to December 2017. Public companies may elect to adopt the standard along the original timeline. The Company expects that this guidance will may a material impact on its financial statements and is currently evaluating the impact of this guidance on its financial statements on adoption. In August 2014, the FASB issued guidance regarding Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern . This guidance requires an entity to perform interim and annual assessments of its ability to continue as a going concern within one year of the date that its financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity's ability to continue as a going concern. The guidance is effective for the Company beginning July 1, 2017. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In February 2015, the FASB issued guidance regarding Amendments to the Consolidation Analysis . This guidance amends both the variable interest entity and voting interest entity consolidation models. The requirement to assess an entity under a different consolidation model may change previous consolidation conclusions. The guidance is effective for the Company beginning July 1, 2016. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In July 2015, the FASB issued guidance regarding Simplifying the Measurement of Inventory . This guidance requires entities to measure most inventory "at the lower of cost and net realizable value," thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market (market in this context is defined as one of three different measures). The guidance will not apply to inventories that are measured by using either the last-in, first-out ("LIFO") method or the retail inventory method ("RIM"). The guidance is effective for the Company beginning July 1, 2017. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In November 2015, the FASB issued guidance regarding Balance Sheet Classification of Deferred Taxes . This guidance requires that deferred tax liabilities and assets are to be classified as non-current in a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this update. This guidance is effective for the Company beginning July 1, 2017, with early adoption permitted on a prospective or retrospective basis. The Company is currently assessing the impact of this guidance on its financial statements disclosures. In January 2016, the FASB issued guidance regarding Recognition and Measurement of Financial Assets and Financial Liabilities . The guidance primarily affects the accounting for equity investments, financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. In addition, the guidance clarifies the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. This guidance is effective for the Company beginning July 1, 2018, and early adoption is not permitted, with certain exceptions. The amendments are required to be applied by means of a cumulative-effect adjustment on the balance sheet as of the beginning of the fiscal year of adoption. The Company is currently assessing the impact of this guidance on its financial statements disclosure.

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Dec. 31, 2015
Inventory [Abstract]
Schedule Of Inventory By Categories	December 31, June 30, 2015 2015 Finished goods $ 10,636 $ 12,979 $ 10,636 $ 12,979

Fair Value Of Financial Instr28

Fair Value Of Financial Instruments (Tables)	6 Months Ended
	Dec. 31, 2015
Fair Value Of Financial Instruments [Abstract]
Outstanding Foreign Exchange Contracts	The Company's outstanding foreign exchange contracts are as follows: As of December 31, 2015 Fair market Notional amount Strike price value price Maturity EUR 526,663 ZAR 15.6625 ZAR 17.1150 January 20, 2016 EUR 308,132 ZAR 15.5555 ZAR 17.3414 March 22, 2016 EUR 820,758 ZAR 15.6514 ZAR 17.4525 April 20, 2016 EUR 757,096 ZAR 15.7501 ZAR 17.5708 May 20, 2016 EUR 739,848 ZAR 15.8548 ZAR 17.6930 June 20, 2016 EUR 573,765 ZAR 15.9587 ZAR 17.8143 July 20, 2016 EUR 554,495 ZAR 16.0643 ZAR 17.9385 August 19, 2016 EUR 465,711 ZAR 16.1798 ZAR 18.0710 September 20, 2016 EUR 393,675 ZAR 16.2911 ZAR 18.2015 October 20, 2016 EUR 302,369 ZAR 16.4085 ZAR 18.3475 November 21, 2016 As of June 30, 2015 Fair market Notional amount Strike price value price Maturity EUR 526,263.00 ZAR 15.1145 ZAR 13.6275 July 20, 2015 EUR 526,263.00 ZAR 15.2025 ZAR 13.7062 August 20, 2015 EUR 526,263.00 ZAR 15.2944 ZAR 13.7898 September 21, 2015 EUR 526,263.00 ZAR 15.3809 ZAR 13.8683 October 20, 2015 EUR 509,516.00 ZAR 15.4728 ZAR 13.9540 November 20, 2015 EUR 529,865.00 ZAR 15.5654 ZAR 14.0397 December 21, 2015 EUR 526,663.00 ZAR 15.6625 ZAR 14.1239 January 20, 2016
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, 2015, 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 $ 1,757 $ - $ - $ 1,757 Investment in Finbond (available for sale assets included in other long-term assets) - - 5,973 5,973 Other - 36 - 36 Total assets at fair value $ 1,757 $ 36 $ 5,973 $ 7,766 The following table presents the Company's assets and liabilities measured at fair value on a recurring basis as of June 30, 2015, 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 $ 1,640 $ - $ - $ 1,640 Investment in Finbond (available for sale assets included in other long-term assets) - - 7,488 7,488 Other - 1,259 - 1,259 Total assets at fair value $ 1,640 $ 1,259 $ 7,488 $ 10,387 Liabilities Foreign exchange contracts $ - $ 452 $ - $ 452 Total liabilities at fair value $ - $ 452 $ - $ 452

Goodwill And Intangible Asset29

Goodwill And Intangible Assets, Net (Tables)	6 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets, Net [Abstract]
Carrying Value Of Goodwill	Summarized below is the movement in the carrying value of goodwill for the six months ended December 31, 2015: Accumulated Carrying Gross value impairment value Balance as of June 30, 2015 $ 166,437 $- $ 166,437 Foreign currency adjustment (1) (14,125 ) - (14,125 ) Balance as of December 31, 2015 $ 152,312 $- $ 152,312 (1) – The foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the U.S. dollar on the carrying value.
Goodwill Allocated To Reportable Segments	South Financial African International inclusion and transaction transaction applied Carrying processing processing technologies value Balance as of June 30, 2015 $ 24,579 $ 115,519 $ 26,339 $ 166,437 Foreign currency adjustment (1) (5,148 ) (4,671 ) (4,306 ) (14,125 ) Balance as of December 31, 2015 $ 19,431 $ 110,848 $ 22,033 $ 152,312 (1) – The foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the U.S. dollar on the carrying value.
Carrying Value And Accumulated Amortization Of Intangible Assets	As of December 31, 2015 As of June 30, 2015 Gross Net Gross Net carrying Accumulated carrying carrying Accumulated carrying value amortization value value amortization value Finite-lived intangible assets: Customer relationships $ 82,181 $ (45,631 ) $ 36,550 $ 88,109 $ (45,312 ) $ 42,797 Software and unpatented technology 27,778 (27,778 ) - 29,964 (28,323 ) 1,641 FTS patent 2,465 (2,465 ) - 3,119 (3,119 ) - Exclusive licenses 4,506 (4,506 ) - 4,506 (4,506 ) - Trademarks 5,450 (3,314 ) 2,136 6,094 (3,408 ) 2,686 Total finite-lived intangible assets $ 122,380 $ (83,694 ) $ 38,686 $ 131,792 $ (84,668 ) $ 47,124
Future Estimated Annual Amortization Expense	2016 $ 10,157 2017 8,010 2018 8,008 2019 7,709 2020 7,538 Thereafter $ 3,055

Reinsurance Assets And Policy30

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Tables)	6 Months Ended
	Dec. 31, 2015
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, 2015 $ 183 $ (567 ) Increase in policy holder benefits under insurance contracts 15 (131 ) Foreign currency adjustment (3) (38 ) 119 Balance as of December 31, 2015 $ 160 $ (579 ) (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 U.S. dollar.
Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts	Investment Assets (1) contracts (2) Balance as of June 30, 2015 $ 593 $ (593 ) Foreign currency adjustment (3) (124 ) 124 Balance as of December 31, 2015 $ 469 $ (469 ) (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 U.S. dollar.

Capital Structure (Tables)

Capital Structure (Tables)	6 Months Ended
	Dec. 31, 2015
Capital Structure [Abstract]
Number Of Shares, Net Of Treasury	December 31, December 31, 2015 2014 Number of shares, net of treasury: Statement of changes in equity 46,573,489 46,547,153 Less: Non-vested equity shares that have not vested (Note 12) (589,447 ) (524,863 ) Number of shares, net of treasury excluding non-vested equity shares that have not vested 45,984,042 46,022,290

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Loss [Abstract]
Changes In Accumulated Other Comprehensive (Loss) Income	Six months ended December 31, 2015 Accumulated Net unrealized Accumulated income on Foreign asset currency available for translation sale, net of reserve tax Total Balance as of June 30, 2015 $ (140,221 ) $ 1,040 $ (139,181 ) Movement in foreign currency translation reserve (60,193 ) - (60,193 ) Unrealized gain on asset available for sale, net of tax of $ 11 - 50 50 Balance as of December 31, 2015 $ (200,414 ) $ 1,090 $ (199,324 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Dec. 31, 2015
Stock-Based Compensation [Abstract]
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 ) ($) Outstanding – June 30, 2015 2,401,169 15.34 4.74 11,516 Exercised (323,645 ) 11.62 2,669 Outstanding – December 31, 2015 2,077,524 15.92 4.08 3,623 Outstanding – June 30, 2014 2,710,392 14.16 5.38 3,909 Granted under Plan: August 2014 464,410 11.23 10.00 2,113 4.55 Exercised (688,633 ) 8.24 3,697 Outstanding – December 31, 2014 2,486,169 15.24 5.20 1,842 Weighted Weighted Average average Remaining Aggregate exercise Contractual Intrinsic Number of price Term Value shares ($) (in years) ($' 000 ) Vested and expecting to vest – December 31, 2015 2,077,524 15.92 4.08 3,623 Weighted Weighted Average average Remaining Aggregate exercise Contractual Intrinsic Number of price Term Value shares ($) (in years) ($' 000 ) Exercisable – December 31, 2015 1,764,931 16.93 3.31 2,619
Range Of Assumptions Used To Value Options Granted	Six months ended December 31, 2015 2014 Expected volatility n/a 60 % Expected dividends n/a 0 % Expected life (in years) n/a 3 Risk-free rate n/a 1.0 %
Restricted Stock Activity	Weighted Number of Average Shares of Grant Date Restricted Fair Value Stock ($' ) Non-vested – June 30, 2015 341,529 1,759 Granted – August 2015 319,492 6,406 Vested – August 2015 (71,574 ) 1,435 Non-vested – December 31, 2015 589,447 7,622 Non-vested – June 30, 2014 385,778 3,534 Granted – August 2014 141,707 581 Granted – November 2014 71,530 229 Vested – August 2014 (74,152 ) 828 Non-vested – December 31, 2014 524,863 3,795
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, 2015 Stock-based compensation charge $ 965 $- $ 965 Total – Three months ended December 31, 2015 $ 965 $- $ 965 Three months ended December 31, 2014 Stock-based compensation charge $ 1,035 $- $ 1,035 Total – Three months ended December 31, 2014 $ 1,035 $- $ 1,035 Allocated to cost of goods sold, IT Allocated to processing, selling, general Total servicing and and charge support administration Six months ended December 31, 2015 Stock-based compensation charge $ 1,691 $- $ 1,691 Total –six months ended December 31, 2015 $ 1,691 $- $ 1,691 Six months ended December 31, 2014 Stock-based compensation charge $ 1,951 $- $ 1,951 Total –six months ended December 31, 2014 $ 1,951 $- $ 1,951

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 (in thousands except percent (in thousands except percent and and per share data) per share data) Numerator: Net income attributable to Net1 $ 16,658 $ 22,374 $ 39,678 $ 46,463 Undistributed earnings 16,658 22,374 39,678 46,463 Percent allocated to common shareholders (Calculation 1) 99 % 99 % 99 % 99 % Numerator for earnings per share: basic and diluted $ 16,426 $ 22,102 $ 39,177 $ 45,947 Denominator: Denominator for basic earnings per share: weighted-average common shares outstanding 46,429 45,953 46,413 46,352 Effect of dilutive securities: Stock options 314 125 387 117 Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion 46,743 46,078 46,800 46,469 Earnings per share: Basic $ 0.35 $ 0.48 $ 0.84 $ 0.99 Diluted $ 0.35 $ 0.48 $ 0.84 $ 0.99 (Calculation 1) Basic weighted-average common shares outstanding (A) 46,429 45,953 46,413 46,352 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 47,086 46,519 47,007 46,873 Percent allocated to common shareholders (A) / (B) 99 % 99 % 99 % 99 %

Supplemental Cash Flow Inform35

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow Disclosures	Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 Cash received from interest $ 3,656 $ 3,577 $ 7,921 $ 7,740 Cash paid for interest $ 1,112 $ 1,195 $ 2,051 $ 2,413 Cash paid for income taxes $ 20,256 $ 20,393 $ 24,322 $ 25,553

Operating Segments (Tables)

Operating Segments (Tables)	6 Months Ended
	Dec. 31, 2015
Operating Segments [Abstract]
Reconciliation Of Reportable Segments Revenue	Revenue From Reportable Inter - external Segment segment customers South African transaction processing $ 52,764 $ 3,350 $ 49,414 International transaction processing 40,836 - 40,836 Financial inclusion and applied technologies 65,686 5,655 60,031 Total for the three months ended December 31, 2015 159,286 9,005 150,281 South African transaction processing 58,427 5,437 52,990 International transaction processing 40,466 - 40,466 Financial inclusion and applied technologies 67,531 6,856 60,675 Total for the three months ended December 31, 2014 $ 166,424 $ 12,293 $ 154,131 Revenue From Reportable Inter - external Segment segment customers South African transaction processing $ 108,403 $ 6,977 $ 101,426 International transaction processing 82,065 - 82,065 Financial inclusion and applied technologies 133,046 11,783 121,263 Total for the six months ended December 31, 2015 323,514 18,760 304,754 South African transaction processing 118,679 10,558 108,121 International transaction processing 83,670 - 83,670 Financial inclusion and applied technologies 132,728 13,947 118,781 Total for the six months ended December 31, 2014 $ 335,077 $ 24,505 $ 310,572
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income	Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 Reportable segments measure of profit or loss $ 29,839 $ 36,453 $ 66,447 $ 75,048 Operating income: Corporate/Eliminations (5,060 ) (5,638 ) (10,453 ) (11,108 ) Interest income 3,664 3,587 7,939 7,677 Interest expense (1,054 ) (1,107 ) (2,028 ) (2,419 ) Income before income taxes $ 27,389 $ 33,295 $ 61,905 $ 69,198
Summary Of Segment Information	Three months ended Six months ended December 31, December 31, 2015 2014 2015 2014 Revenues South African transaction processing $ 52,764 $ 58,427 $ 108,403 $ 118,679 International transaction processing 40,836 40,466 82,065 83,670 Financial inclusion and applied technologies 65,686 67,531 133,046 132,728 Total 159,286 166,424 323,514 335,077 Operating income (loss) South African transaction processing 12,080 12,883 25,591 26,522 International transaction processing 4,240 5,743 10,783 13,092 Financial inclusion and applied technologies 13,519 17,827 30,073 35,434 Subtotal: Operating segments 29,839 36,453 66,447 75,048 Corporate/Eliminations (5,060 ) (5,638 ) (10,453 ) (11,108 ) Total 24,779 30,815 55,994 63,940 Depreciation and amortization South African transaction processing 1,600 1,823 3,395 3,545 International transaction processing 6,063 4,292 10,759 8,664 Financial inclusion and applied technologies 332 203 572 382 Subtotal: Operating segments 7,995 6,318 14,726 12,591 Corporate/Eliminations 2,591 3,839 5,975 7,740 Total 10,586 10,157 20,701 20,331 Expenditures for long-lived assets South African transaction processing 1,096 1,482 2,543 2,164 International transaction processing 8,205 7,279 16,243 15,606 Financial inclusion and applied technologies 646 376 1,859 745 Subtotal: Operating segments 9,947 9,137 20,645 18,515 Corporate/Eliminations - - - - Total $ 9,947 $ 9,137 $ 20,645 $ 18,515

Pre-Funded Social Welfare Gra37

Pre-Funded Social Welfare Grants Receivable (Narrative) (Details)	6 Months Ended
	Dec. 31, 2015
Pre-Funded Social Welfare Grants Receivable [Abstract]
Pre-funded merchant acquiring system period	2 days

Inventory (Schedule Of Inventor

Inventory (Schedule Of Inventory By Categories) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Inventory [Abstract]
Finished goods	$ 10,636	$ 12,979
Inventory	$ 10,636	$ 12,979	[1]
[1]	Derived from audited financial statements

Fair Value Of Financial Instr39

Fair Value Of Financial Instruments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Fair Value Of Financial Instruments [Abstract]
Years of significant fluctuation of US Dollar to ZAR exchange rate			3 years
Equity method investment, shares	156,788,712		156,788,712
Percentage of total assets represented by acquisition of share capital.	1.00%		1.00%
Transfers in or out of Level 3	$ 0	$ 0	$ 0	$ 0
Impairment charges			$ 0	$ 0

Fair Value Of Financial Instr40

Fair Value Of Financial Instruments (Outstanding Foreign Exchange Contracts) (Details)	6 Months Ended	12 Months Ended
	Dec. 31, 2015EUR (€)ZAR / item	Jun. 30, 2015EUR (€)ZAR / item	Dec. 31, 2015ZAR / shares	Jun. 30, 2015ZAR / shares
Foreign Exchange Contract 1 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 526,663	€ 526,263
Strike price | ZAR / item	15.6625	15.1145
Fair market value price | ZAR / shares			ZAR 17.1150	ZAR 13.6275
Maturity	Jan. 20, 2016	Jul. 20, 2015
Foreign Exchange Contract 2 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 308,132	€ 526,263
Strike price | ZAR / item	15.5555	15.2025
Fair market value price | ZAR / shares			17.3414	13.7062
Maturity	Mar. 22, 2016	Aug. 20, 2015
Foreign Exchange Contract 3 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 820,758	€ 526,263
Strike price | ZAR / item	15.6514	15.2944
Fair market value price | ZAR / shares			17.4525	13.7898
Maturity	Apr. 20, 2016	Sep. 21, 2015
Foreign Exchange Contract 4 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 757,096	€ 526,263
Strike price | ZAR / item	15.7501	15.3809
Fair market value price | ZAR / shares			17.5708	13.8683
Maturity	May 20, 2016	Oct. 20, 2015
Foreign Exchange Contract 5 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 739,848	€ 509,516
Strike price | ZAR / item	15.8548	15.4728
Fair market value price | ZAR / shares			17.6930	13.9540
Maturity	Jun. 20, 2016	Nov. 20, 2015
Foreign Exchange Contract 6 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 573,765	€ 529,865
Strike price | ZAR / item	15.9587	15.5654
Fair market value price | ZAR / shares			17.8143	14.0397
Maturity	Jul. 20, 2016	Dec. 21, 2015
Foreign Exchange Contract 7 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 554,495	€ 526,663
Strike price | ZAR / item	16.0643	15.6625
Fair market value price | ZAR / shares			17.9385	ZAR 14.1239
Maturity	Aug. 19, 2016	Jan. 20, 2016
Foreign Exchange Contract 8 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 465,711
Strike price | ZAR / item	16.1798
Fair market value price | ZAR / shares			18.0710
Maturity	Sep. 20, 2016
Foreign Exchange Contract 9 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 393,675
Strike price | ZAR / item	16.2911
Fair market value price | ZAR / shares			18.2015
Maturity	Oct. 20, 2016
Foreign Exchange Contract 10 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 302,369
Strike price | ZAR / item	16.4085
Fair market value price | ZAR / shares			ZAR 18.3475
Maturity	Nov. 21, 2016

Fair Value Of Financial Instr41

Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 1,757	$ 1,640
Investments in Finbond (available for sale assets included in other long-term assets)	5,973	7,488
Other	36	1,259
Total assets at fair value	7,766	10,387
Foreign exchange contracts		452
Total liabilities at fair value		452
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	1,757	1,640
Total assets at fair value	1,757	1,640
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other	36	1,259
Total assets at fair value	36	1,259
Foreign exchange contracts		452
Total liabilities at fair value		452
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)	5,973	7,488
Total assets at fair value	$ 5,973	$ 7,488

Goodwill And Intangible Asset42

Goodwill And Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Goodwill And Intangible Assets, Net [Abstract]
Amortization expense charged	$ 2.5	$ 3.9	$ 5.9	$ 7.7

Goodwill And Intangible Asset43

Goodwill And Intangible Assets, Net (Carrying Value Of Goodwill) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)
Goodwill And Intangible Assets, Net [Abstract]
Gross value, Beginning Balance	$ 166,437
Gross value, Foreign currency adjustment	(14,125)	[1]
Gross value, Ending Balance	152,312
Carrying value, Beginning Balance	166,437	[2]
Carrying value, Foreign currency adjustment	(14,125)	[1]
Carrying value, Ending Balance	$ 152,312
[1]	The foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the U.S. dollar on the carrying value.
[2]	Derived from audited financial statements

Goodwill And Intangible Asset44

Goodwill And Intangible Assets, Net (Goodwill Allocated To Reportable Segments) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)
Goodwill [Line Items]
Carrying value, Beginning Balance	$ 166,437	[1]
Carrying value, Foreign currency adjustment	(14,125)	[2]
Carrying value, Ending Balance	152,312
South African Transaction Processing [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	24,579
Carrying value, Foreign currency adjustment	(5,148)
Carrying value, Ending Balance	19,431
International Transaction Processing [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	115,519
Carrying value, Foreign currency adjustment	(4,671)
Carrying value, Ending Balance	110,848
Financial Inclusion And Applied Technologies [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	26,339
Carrying value, Foreign currency adjustment	(4,306)
Carrying value, Ending Balance	$ 22,033
[1]	Derived from audited financial statements
[2]	The foreign currency adjustment represents the effects of the fluctuations between the South African rand and the Korean won, and the U.S. dollar on the carrying value.

Goodwill And Intangible Asset45

Goodwill And Intangible Assets, Net (Carrying Value And Accumulated Amortization Of Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	$ 122,380	$ 131,792
Accumulated amortization	(83,694)	(84,668)
Net carrying value	38,686	47,124	[1]
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	82,181	88,109
Accumulated amortization	(45,631)	(45,312)
Net carrying value	36,550	42,797
Software And Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	27,778	29,964
Accumulated amortization	(27,778)	(28,323)
Net carrying value		1,641
FTS Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	2,465	3,119
Accumulated amortization	(2,465)	(3,119)
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	5,450	6,094
Accumulated amortization	(3,314)	(3,408)
Net carrying value	$ 2,136	$ 2,686
[1]	Derived from audited financial statements

Goodwill And Intangible Asset46

Goodwill And Intangible Assets, Net (Future Estimated Annual Amortization Expense) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Goodwill And Intangible Assets, Net [Abstract]
2,016	$ 10,157
2,017	8,010
2,018	8,008
2,019	7,709
2,020	7,538
Thereafter	$ 3,055

Reinsurance Assets And Policy47

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) $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]
Reinsurance assets, Beginning Balance	$ 183	[1]
Reinsurance assets, Increase in policy holder benefits under insurance contracts	15	[1]
Reinsurance assets, Foreign currency adjustment	(38)	[1],[2]
Reinsurance assets, Ending Balance	160	[1]
Insurance contracts, Beginning Balance	(567)	[3]
Insurance contracts, Increase in policy holders benefits under insurance contracts	(131)	[3]
Insurance contracts, Foreign currency adjustment	119	[2],[3]
Insurance contracts, Ending Balance	$ (579)	[3]
[1]	Included in other long-term assets.
[2]	The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the U.S. dollar.
[3]	Included in other long-term liabilities.

Reinsurance Assets And Policy48

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]
Assets, Beginning Balance	$ 593	[1]
Assets, Foreign currency adjustment	(124)	[1]
Assets, Ending Balance	469	[1],[2]
Investment contracts, Beginning Balance	(593)	[3]
Investment contracts, Foreign currency adjustment	124	[3]
Investment contracts, Ending Balance	$ (469)	[2],[3]
[1]	Included in other long-term assets.
[2]	The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the U.S. dollar.
[3]	Included in other long-term liabilities.

Short-Term Credit Facility (Det

Short-Term Credit Facility (Details) ZAR in Millions, $ in Millions, ₩ in Billions	Jan. 28, 2016	Dec. 31, 2015KRW (₩)	Dec. 31, 2015ZAR	Dec. 31, 2015USD ($)	Jun. 30, 2015KRW (₩)	Jun. 30, 2015ZAR	Jun. 30, 2015USD ($)	Dec. 31, 2014ZAR
South African Credit Facility [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity			ZAR 150			ZAR 150
Amount utilized			137.1	$ 8.8		139.6	$ 11.4
South African Credit Facility [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Short term interest rate, increase	9.10%
Repurchase rate, increase	0.50%
Bank Overdrafts Facility [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity			50			ZAR 50
Amount utilized			ZAR 0					ZAR 0
Short term interest rate		8.60%	8.60%	8.60%
South Korea, Hana Bank Overdraft Facility [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity		₩ 10		$ 8.5	₩ 10
Short term interest rate		3.62%	3.62%	3.62%

Long-Term Borrowings (Details)

Long-Term Borrowings (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Interest rate on credit facility	4.67%		4.67%
Interest expense	$ 700	$ 900	$ 1,400	$ 1,800
Amortization of fees, prepaid facility	40	$ 100	100	$ 500
Long-term borrowings	$ 58,600		58,600
Due April 29, 2016 [Member]
Debt Instrument [Line Items]
Principal repayment			$ 8,500

Capital Structure (Narrative) (

Capital Structure (Narrative) (Details) $ in Thousands, ZAR in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)shares	Dec. 31, 2015ZARshares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)shares	Dec. 31, 2015USD ($)
Number of common stock shares repurchased | shares	749,213	0	749,213	749,213	0
Purchase price of common stock | $	$ 11,200	$ 0		$ 11,200	$ 0
Cost of common stock repurchased | $				$ 11,186
Business Venture Investment [Member]
Number of common stock shares repurchased | shares			1,837,432	1,837,432
Cost of common stock repurchased			ZAR 97.4	$ 9,200
Percentage of ordinary shares oustanding after subscription			12.50%	12.50%
Subscription of shares, value			ZAR 15			$ 1,400

Capital Structure (Schedule Of

Capital Structure (Schedule Of Number Of Shares, Net Of Treasury) (Details) - shares	Dec. 31, 2015	Dec. 31, 2014
Capital Structure [Abstract]
Number of shares, net of treasury	46,573,489	46,547,153
Less: Non-vested equity shares that have not vested (Note 12)	(589,447)	(524,863)
Number of shares, net of treasury excluding non-vested equity shares that have not vested	45,984,042	46,022,290

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Loss (Changes In Accumulated Other Comprehensive (Loss) Income) (Details) - USD ($) $ in Thousands		6 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	[1]	$ (139,181)
Movement in foreign currency translation reserve		(60,193)
Unrealized gain on asset available for sale, net of tax of $11		50	$ (226)
Ending Balance		(199,324)
Reclassification from accumulated other comprehensive (loss) income		0	$ 0
Other comprehensive income (loss), available-for-sale securities, tax		11
Accumulated Foreign Currency Translation Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		(140,221)
Movement in foreign currency translation reserve		(60,193)
Ending Balance		(200,414)
Accumulated Net Unrealized Income On Asset Available For Sale, Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		1,040
Unrealized gain on asset available for sale, net of tax of $11		50
Ending Balance		$ 1,090
[1]	Derived from audited financial statements

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($)	Sep. 09, 2014	Aug. 27, 2014	Aug. 31, 2015	Nov. 30, 2014	Aug. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015	Dec. 09, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares									464,410
Exercisable stock options						0	57,334	373,435	330,967
Stock-based compensation charge						$ 965,000	$ 1,035,000	$ 1,691,000	$ 1,951,000
Share-based compensation, number of shares exercised						0	0	323,645	688,633
Forfeitures, Number of shares					0	0	0	0	0
Deferred tax asset						$ 1,600,000		$ 1,600,000		$ 1,600,000
Exercised of stock option, shares	$ 572,238							$ 3,762,000
Common stock, shares issued	336,584					46,573,489		46,573,489		46,679,565	336,584
Risk-free rate									1.00%
Expected volatility									60.00%
Expected life (in years)									3 years
Period of trading days to the trigger events								30 days
Expected volatility calculation term								250 days
Percentage increase of common stock price on market					20.00%
Closing price, per share		$ 11.23			$ 19.41
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares						0		0
Proceeds from exercise of stock options								$ 3,800,000	$ 1,000,000
Share-based compensation, number of shares exercised								323,645	116,395
Unrecognized compensation cost						$ 1,300,000		$ 1,300,000
Unrecognized compensation cost, expected recognition period, years								2 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares			319,492	71,530	141,707
Unrecognized compensation cost						$ 1,600,000		$ 1,600,000
Unrecognized compensation cost, expected recognition period, years								2 years
Expected volatility calculation term					30 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value								$ 1,400,000	$ 800,000
Strike price					$ 0
Restricted Stock [Member] | Non-employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares			17,955	71,530	14,081
Risk-free rate					1.21%
Expected volatility					63.73%
Expected life (in years)					3 years
Restricted Stock [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares			301,537	127,626	127,626
Risk-free rate					1.27%
Expected volatility					76.01%
Expected life (in years)					3 years
Restricted Stock [Member] | One-Third Shares Vest 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved								$ 2.88
Restricted Stock [Member] | Two-Thirds Shares Vest 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved								3.30
Restricted Stock [Member] | All Shares Vest 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved								3.76
2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, linear interpolation								3.30
Maximum [Member] | 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS								3.76
Minimum [Member] | 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS								$ 2.88

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarized Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-Based Compensation [Abstract]
Outstanding, Number of shares, Beginning Balance				2,401,169	2,710,392	2,710,392
Exercised, Number of shares		0	0	(323,645)	(688,633)
Granted, Number of Shares of Restricted Stock					464,410
Forfeitures, Number of shares	0	0	0	0	0
Outstanding, Number of shares, Ending Balance		2,077,524	2,486,169	2,077,524	2,486,169	2,401,169	2,710,392
Exercisable, Number of Shares		1,764,931		1,764,931
Vested and expecting to vest, Number of shares		2,077,524		2,077,524
Outstanding, Weighted average exercise price, Beginning Balance				$ 15.34	$ 14.16	$ 14.16
Exercised, Weighted average exercise price				11.62	8.24
Granted under Plan, Weighted average exercise price					11.23
Outstanding, Weighted average exercise price, Ending Balance		$ 15.92	$ 15.24	15.92	$ 15.24	$ 15.34	$ 14.16
Exercisable, Weighted average exercise price		16.93		16.93
Vested and expecting to vest, Weighted average exercise price		$ 15.92		$ 15.92
Granted under Plan, Weighted Average Remaining Contractual Term (in years)					10 years
Options granted under plan, Weighted average remaining contractual term				4 years 29 days	5 years 2 months 12 days	4 years 8 months 27 days	5 years 4 months 17 days
Exercisable, Weighted Average Remaining Contractual Term (in years)				3 years 3 months 22 days
Vested and expecting to vest, Weighted Average Remaining Contractual Term (in years)				4 years 29 days
Outstanding, Aggregate Intrinsic Value, Beginning Balance				$ 11,516	$ 3,909	$ 3,909
Exercised, Aggregate Intrinsic Value				2,669	3,697
Granted under Plan, Aggregate Intrinsic Value			$ 2,113		2,113
Outstanding, Aggregate Intrinsic Value, Ending Balance		$ 3,623	$ 1,842	3,623	$ 1,842	$ 11,516	$ 3,909
Exercisable, Aggregate Intrinsic Value		2,619		2,619
Vested and expecting to vest, Aggregate Intrinsic Value		$ 3,623		$ 3,623
Granted under Plan: August 2014, Weighted Average Grant Date Fair Value					$ 4.55
Options exercise price range, lower limit				$ 7.35
Options exercise price range, upper limit				$ 24.46

Stock-Based Compensation (Range

Stock-Based Compensation (Range Of Assumptions Used To Value Options Granted) (Details)	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility		60.00%
Expected dividends		0.00%
Expected life (in years)		3 years
Risk-free rate		1.00%

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Activity) (Details) - USD ($) $ in Thousands	1 Months Ended			6 Months Ended
	Aug. 31, 2015	Nov. 30, 2014	Aug. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock					464,410
Non-vested, Number of Shares of Restricted Stock, Ending Balance				589,447	524,863
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Number of Shares of Restricted Stock, Beginning Balance				341,529	385,778
Granted, Number of Shares of Restricted Stock	319,492	71,530	141,707
Vested, Number of Shares of Restricted Stock	(71,574)		(74,152)
Non-vested, Number of Shares of Restricted Stock, Ending Balance				589,447	524,863
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance				$ 1,759	$ 3,534
Granted, Weighted Average Grant Date Fair Value	$ 6,406	$ 229	$ 581
Vested, Weighted Average Grant Date Fair Value	$ 1,435		$ 828
Non-vested, Weighted Average Grant Date Fair Value, Ending Balance				$ 7,622	$ 3,795

Stock-Based Compensation (Recor

Stock-Based Compensation (Recorded Net Stock Compensation Charge) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge	$ 965	$ 1,035	$ 1,691	$ 1,951
Total	$ 965	$ 1,035	1,691	1,951
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
Total
Allocated To Selling, General And Administration [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge	$ 965	$ 1,035	1,691	1,951
Total	$ 965	$ 1,035	$ 1,691	$ 1,951

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details)	6 Months Ended
	Dec. 31, 2015$ / sharesshares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options exercise price range, lower limit	$ 7.35
Options exercise price range, upper limit	$ 24.46
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding not included in computation of diluted earings per share | shares	874,443
Options exercise price range, lower limit	$ 22.51
Options exercise price range, upper limit	$ 24.46

Earnings Per Share (Income From

Earnings Per Share (Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income attributable to Net1	$ 16,658	$ 22,374	$ 39,678	$ 46,463
Undistributed earnings	$ 16,658	$ 22,374	$ 39,678	$ 46,463
Percent allocated to common shareholders (Calculation 1)	99.00%	99.00%	99.00%	99.00%
Numerator for earnings per share: basic and diluted	$ 16,426	$ 22,102	$ 39,177	$ 45,947
Denominator for basic earnings per share: weighted-average common shares outstanding	46,429	45,953	46,413	46,352
Effect of dilutive securities: Stock options	314	125	387	117
Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion	46,743	46,078	46,800	46,469
Earnings per share: Basic	$ 0.35	$ 0.48	$ 0.84	$ 0.99
Earnings per share: Diluted	$ 0.35	$ 0.48	$ 0.84	$ 0.99
Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)	47,086	46,519	47,007	46,873

Supplemental Cash Flow Inform61

Supplemental Cash Flow Information (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	6 Months Ended
	Jul. 31, 2014	Dec. 31, 2014	Dec. 31, 2015	Jun. 30, 2015	Dec. 09, 2014	Sep. 09, 2014
Supplemental Cash Flow Information [Abstract]
Common stock, shares issued			46,573,489	46,679,565	336,584	336,584
Closing price, per share					$ 13.93
Proceeds from sale of business	$ 1,900	$ 1,895

Supplemental Cash Flow Inform62

Supplemental Cash Flow Information (Schedule Of Supplemental Cash Flow Disclosures) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Supplemental Cash Flow Information [Abstract]
Cash received from interest	$ 3,656	$ 3,577	$ 7,921	$ 7,740
Cash paid for interest	1,112	1,195	2,051	2,413
Cash paid for income taxes	$ 20,256	$ 20,393	$ 24,322	$ 25,553

Operating Segments (Reconciliat

Operating Segments (Reconciliation Of Reportable Segments Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 150,281	$ 154,131	$ 304,754	$ 310,572
South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	49,414	52,990	101,426	108,121
International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	40,836	40,466	82,065	83,670
Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	60,031	60,675	121,263	118,781
Reportable Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	159,286	166,424	323,514	335,077
Reportable Segment [Member] | South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	52,764	58,427	108,403	118,679
Reportable Segment [Member] | International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	40,836	40,466	82,065	83,670
Reportable Segment [Member] | Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	65,686	67,531	133,046	132,728
Inte-Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(9,005)	(12,293)	(18,760)	(24,505)
Inte-Segment [Member] | South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(3,350)	(5,437)	(6,977)	(10,558)
Inte-Segment [Member] | Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ (5,655)	$ (6,856)	$ (11,783)	$ (13,947)

Operating Segments (Reconcili64

Operating Segments (Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	$ 24,779	$ 30,815	$ 55,994	$ 63,940
Interest income	3,664	3,587	7,939	7,677
Interest expense	(1,054)	(1,107)	(2,028)	(2,419)
Income before income taxes	27,389	33,295	61,905	69,198
Reportable Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	29,839	36,453	66,447	75,048
Inte-Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	$ (5,060)	$ (5,638)	$ (10,453)	$ (11,108)

Operating Segments (Summary Of

Operating Segments (Summary Of Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenues	$ 150,281	$ 154,131	$ 304,754	$ 310,572
Operating income (loss)	24,779	30,815	55,994	63,940
Depreciation and amortization	10,586	10,157	20,701	20,331
Expenditures for long-lived assets	9,947	9,137	20,645	18,515
Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	159,286	166,424	323,514	335,077
Operating income (loss)	29,839	36,453	66,447	75,048
Depreciation and amortization	7,995	6,318	14,726	12,591
Expenditures for long-lived assets	9,947	9,137	20,645	18,515
Corporate/Eliminations [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	(5,060)	(5,638)	(10,453)	(11,108)
Depreciation and amortization	2,591	3,839	5,975	7,740
South African Transaction Processing [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	52,764	58,427	108,403	118,679
Operating income (loss)	12,080	12,883	25,591	26,522
Depreciation and amortization	1,600	1,823	3,395	3,545
Expenditures for long-lived assets	1,096	1,482	2,543	2,164
International Transaction Processing [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	40,836	40,466	82,065	83,670
Operating income (loss)	4,240	5,743	10,783	13,092
Depreciation and amortization	6,063	4,292	10,759	8,664
Expenditures for long-lived assets	8,205	7,279	16,243	15,606
Financial Inclusion And Applied Technologies [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	65,686	67,531	133,046	132,728
Operating income (loss)	13,519	17,827	30,073	35,434
Depreciation and amortization	332	203	572	382
Expenditures for long-lived assets	$ 646	$ 376	$ 1,859	$ 745

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Income Taxes [Abstract]
Effective tax rate	38.70%	30.60%	34.70%	31.60%
Unrecognized tax benefit	$ 1.9		$ 1.9		$ 2.3
Increase in unrecognized tax benefits	0.1		0.2
Accrued interest related to uncertain tax positions	$ 0.3		$ 0.3

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) - 6 months ended Dec. 31, 2015 ZAR in Millions, $ in Millions	ZAR	USD ($)
Guarantor Obligations [Line Items]
Guarantee amount	ZAR 128.4	$ 8.3
Maximum payment amount under guarantee	ZAR 128.4	8.3
Payment Guarantee [Member]
Guarantor Obligations [Line Items]
Charge rate, minimum	2.00%
Charge rate, maximum	0.20%
Nedbank [Member]
Guarantor Obligations [Line Items]
Guarantee amount	ZAR 128.4	$ 8.3

Subsequent Events (Details)

Subsequent Events (Details) - Transact24 Limited [Member] - USD ($) $ in Millions	Jan. 20, 2016	Dec. 31, 2015	May. 31, 2015
Subsequent Event [Line Items]
Percentage acquired in acquisition			44.00%
Subsequent Event [Member]
Subsequent Event [Line Items]
Percentage acquired in acquisition	56.00%
Business acquisition, cost of acquired entity, cash paid	$ 3
Shares issued in acquisition	391,645
Business acquisition transaction-related expenditures		$ 0.1
Subsequent Event [Member] | After June 30, 2016 [Member]
Subsequent Event [Line Items]
Percentage of shares issued restricted to resale	50.00%
Subsequent Event [Member] | After June 30, 2017 [Member]
Subsequent Event [Line Items]
Percentage of shares issued restricted to resale	50.00%