Lesaka (LSAK) 10-K 25 Aug 16 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2016	Aug. 22, 2016	Dec. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	NET 1 UEPS TECHNOLOGIES INC
Entity Central Index Key	1,041,514
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 378,497,227
Entity Common Stock, Shares Outstanding		54,135,778

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 223,644	$ 117,583
Pre-funded social welfare grants receivable (Note 4)	1,580	2,306
Accounts receivable, net (Note 1 and Note 5)	107,805	121,335	[1]
Finance loans receivable, net (Note 5)	37,009	40,373
Inventory (Note 6)	10,004	12,979
Deferred income taxes (Note 20)	6,956	7,298
Total current assets before settlement assets	386,998	301,874
Settlement assets (Note 2)	536,725	692,442
Total current assets	923,723	994,316
PROPERTY, PLANT AND EQUIPMENT, net (Note 8)	54,977	52,320
EQUITY-ACCOUNTED INVESTMENTS (Note 7)	25,645	14,329
GOODWILL (Note 9)	179,478	166,437
INTANGIBLE ASSETS, net (Note 9)	48,556	47,124
OTHER LONG-TERM ASSETS (Note 5, Note 7 and Note 10)	31,121	42,430
TOTAL ASSETS	1,263,500	1,316,956
CURRENT LIABILITIES
Accounts payable	14,097	21,453
Other payables (Note 11)	37,479	45,595
Current portion of long-term borrowings (Note 13)	8,675	8,863
Income taxes payable	5,235	6,287
Total current liabilities before settlement obligations	65,486	82,198
Settlement obligations (Note 2)	536,725	692,442
Total current liabilities	602,211	774,640
DEFERRED INCOME TAXES (Note 20)	12,559	10,564
LONG-TERM BORROWINGS (Note 13)	43,134	50,762
OTHER LONG-TERM LIABILITIES (Note 10)	2,376	2,205
TOTAL LIABILITIES	660,280	838,171
COMMITMENTS AND CONTINGENCIES (Note 24)
EQUITY
COMMON STOCK (Note 14) Authorized: 200,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury - 2016: 55,271,954; 2015: 46,679,565	74	64
PREFERRED STOCK Authorized shares: 50,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury: 2016: -; 2015: -
ADDITIONAL PAID-IN CAPITAL	223,978	213,896
TREASURY SHARES, AT COST: 2016: 20,483,932; 2015: 18,057,228 (Note 14)	(241,627)	(214,520)
ACCUMULATED OTHER COMPREHENSIVE LOSS (Note 15)	(189,700)	(139,181)
RETAINED EARNINGS	700,322	617,868
TOTAL NET1 EQUITY	493,047	478,127
REDEEMABLE COMMON STOCK (Note 14)	107,672
NON-CONTROLLING INTEREST	2,501	658
TOTAL EQUITY	603,220	478,785
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,263,500	$ 1,316,956
[1]	Receivables from the sale of prepaid products of $18,448 as of June 30, 2015, have been reclassified from Other receivables to Accounts receivable, trade, gross.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2016	Jun. 30, 2015
Consolidated Balance Sheets [Abstract]
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	55,271,954	46,679,565
Common stock, shares outstanding	55,271,954	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	0	0
Preferred stock, shares outstanding	0	0
Treasury shares, shares outstanding	20,483,932	18,057,228

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements Of Operations [Abstract]
REVENUE (Note 16)	$ 590,749	$ 625,979	$ 581,656
Services rendered	514,847	536,046	518,297
Loan-based fees received	47,117	62,235	33,560
Sale of goods	28,785	27,698	29,799
EXPENSE
Cost of goods sold, IT processing, servicing and support	290,101	297,856	260,232
Selling, general and administration	145,886	158,919	168,072
Equity instruments issued pursuant to BEE transactions (Note 17)			11,268
Depreciation and amortization	40,394	40,685	40,286
OPERATING INCOME	114,368	128,519	101,798
INTEREST INCOME	15,292	16,355	14,817
INTEREST EXPENSE	3,423	4,456	7,473
INCOME BEFORE INCOME TAXES	126,237	140,418	109,142
INCOME TAX EXPENSE (Note 20)	42,080	44,136	39,379
NET INCOME BEFORE EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	84,157	96,282	69,763
EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	639	452	298
NET INCOME	84,796	96,734	70,061
LESS (ADD): NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST	2,342	1,999	(50)
NET INCOME ATTRIBUTABLE TO NET1	$ 82,454	$ 94,735	$ 70,111
Net income per share, in U.S. dollars: (Note 21)
Basic earnings attributable to Net1 shareholders	$ 1.72	$ 2.03	$ 1.51
Diluted earnings attributable to Net1 shareholders	$ 1.71	$ 2.02	$ 1.50

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements Of Comprehensive Income [Abstract]
NET INCOME	$ 84,796	$ 96,734	$ 70,061
OTHER COMPREHENSIVE INCOME (LOSS):
Transfer of assets available for sale, net of tax, to comprehensive income (Note 7)	(1,732)
Net unrealized income on asset available for sale, net of tax	692	422	288
Release of foreign currency translation reserve related to sale/ liquidation of businesses (Note 19)			4,277
Movement in foreign currency translation reserve	(49,941)	(57,074)	13,730
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	(50,981)	(56,652)	18,295
COMPREHENSIVE INCOME	33,815	40,082	88,356
(Less) Add comprehensive (income) loss attributable to non-controlling interest	(1,880)	(1,787)	50
COMPREHENSIVE INCOME ATTRIBUTABLE TO NET1	$ 31,935	$ 38,295	$ 88,406

Consolidated Statement Of Chang

Consolidated Statement Of Changes In Equity - USD ($) $ in Thousands	Common Stock [Member]	Treasury Stock [Member]	Number Of Shares, Net Of Treasury [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total Net1 Equity [Member]	Redeemable Common Stock [Member]	Non-Controlling Interest [Member]	Total
Balance, Number of Shares at Jun. 30, 2013	59,047,640	(13,455,090)	45,592,550
Balance at Jun. 30, 2013	$ 59	$ (175,823)		$ 160,670	$ 452,618	$ (100,858)	$ 336,666		$ 3,303	$ 339,969
Issue of common stock (Note 14)	$ 4			25,050			25,054			25,054
Issue of common stock (Note 14), shares	4,400,000		4,400,000
Repurchase of common stock (Note 14)		$ (24,858)					(24,858)			(24,858)
Repurchase of common stock (Note 14), shares		(2,428,122)	(2,428,122)
Restricted stock granted (Note 18), shares	187,963		187,963
Exercise of stock option (Note 18)				198			198			$ 198
Exercise of stock option (Note 18), shares	(26,667)		(26,667)							(26,667)
Equity instruments charge (Note 17)				11,268			11,268			$ 11,268
Stock-based compensation charge (Note 18)				3,724			3,724			3,724
Reversal of stock-based compensation charge (Note 18)				(6)			(6)			(6)
Reversal of stock-based compensation charge (Note 18), shares	(7,171)		(7,171)
Income tax benefit from vested stock awards				5			5			5
Acquisition non-controlling interest (Note 3 And Note 14)				1,492		(178)	1,314		(3,276)	(1,962)
Acquisition, shares	47,412		47,412
Net income					70,111		70,111		(50)	70,061
Other comprehensive income						18,295	18,295			18,295
Balance at Jun. 30, 2014	$ 63	$ (200,681)		202,401	522,729	(82,741)	441,771		(23)	$ 441,748
Balance, Number of Shares at Jun. 30, 2014	63,702,511	(15,883,212)	47,819,299							47,819,299
Repurchase of common stock (Note 14)		$ (9,151)					(9,151)			$ (9,151)
Repurchase of common stock (Note 14), shares		(1,837,432)	(1,837,432)
Restricted stock granted (Note 18), shares	213,237		213,237
Exercise of stock option (Note 18)	$ 1	$ 4,688		6,732			2,045			$ 2,045
Exercise of stock option (Note 18), shares	(773,633)	(336,584)	(437,049)							(773,633)
Stock-based compensation charge (Note 18)				3,195			3,195			$ 3,195
Income tax benefit from vested stock awards				483			483			483
Transactions with non-controlling interest (Note 14)				1,085	404		1,489		(82)	1,407
Dividends paid to non-controlling interest									(1,024)	(1,024)
Acquisition, shares	47,412		47,412
Net income					94,735		94,735		1,999	96,734
Other comprehensive income						(56,440)	(56,440)		(212)	(56,652)
Balance at Jun. 30, 2015	$ 64	$ (214,520)		213,896	617,868	(139,181)	478,127		658	$ 478,785
Balance, Number of Shares at Jun. 30, 2015	64,736,793	(18,057,228)	46,679,565							46,679,565
Issue of common stock that is redeemable for cash or other assets (Note 14)	$ 10						10	$ 107,672		$ 107,682
Issue of common stock that is redeemable for cash or other assets (Note 14), shares	9,984,311		9,984,311
Repurchase of common stock (Note 14)		$ (27,107)					$ (27,107)			$ (27,107)
Repurchase of common stock (Note 14), shares		(2,426,704)	(2,426,704)
Restricted stock granted (Note 18), shares	319,492		319,492
Exercise of stock option (Note 18)				3,762			$ 3,762			$ 3,762
Exercise of stock option (Note 18), shares	(323,645)		(323,645)							(323,645)
Stock-based compensation charge (Note 18)				3,598			3,598			$ 3,598
Income tax benefit from vested stock awards				67			67			67
Acquisition non-controlling interest (Note 3 And Note 14)				(1,308)			(1,308)		(37)	(1,345)
Acquisition				3,963			3,963			3,963
Acquisition, shares	391,645		391,645
Net income					82,454		82,454		2,342	84,796
Other comprehensive income						(50,519)	(50,529)		(462)	(50,981)
Balance at Jun. 30, 2016	$ 74	$ (241,627)		$ 223,978	$ 700,322	$ (189,700)	$ 493,047	$ 107,672	$ 2,501	$ 603,220
Balance, Number of Shares at Jun. 30, 2016	75,755,886	(20,483,932)	55,271,954							55,271,954

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME	$ 84,796	$ 96,734	$ 70,061
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:
Depreciation and amortization	40,394	40,685	40,286
Earnings from equity-accounted investments	(639)	(452)	(298)
Fair value adjustment	519	248	(55)
Interest payable	1,829	1,283	2,100
Facility fee amortized	138	208	738
Gain on release from accumulated other comprehensive income (Note 7)	(2,176)
Gain on fair value of Transact24 (Note 3)	(1,909)
Profit on disposal of property, plant and equipment	(286)	(296)	(434)
Loss on deconsolidation of subsidiaries and business (Note 19)			55
Stock-based compensation charge, net of forfeitures (Note 18)	3,598	3,195	3,718
Fair value of BEE equity instruments granted (Note 17)			11,268
(Increase) Decrease in accounts and finance loans receivable, and pre-funded grants receivable	(3,401)	1,399	(101,447)
Decrease (Increase) in inventory	1,001	(3,846)	780
(Decrease) Increase in accounts payable and other payables	(7,840)	(850)	12,671
Increase in taxes payable	763	606	5,523
Decrease in deferred taxes	(235)	(3,656)	(7,821)
NET CASH PROVIDED BY OPERATING ACTIVITIES	116,552	135,258	37,145
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(35,797)	(36,436)	(23,906)
Proceeds from disposal of property, plant and equipment	1,349	857	2,990
Acquisitions, net of cash acquired (Note 3)	(15,767)
Acquisition of available for sale securities (Note 7)	(8,900)
(Acquisition of equity of)/Capital reduction/ repayment of loan by equity-accounted investment		(13,200)	539
Proceeds from sale of business (Note 19)		1,895	186
Net cash outflow from sale of MediKredit (Note 19)			(669)
Other investing activities, net	(5)	(29)	570
Net change in settlement assets (Note 2)	53,364	(33,870)	11,053
NET CASH USED IN INVESTING ACTIVITIES	(5,756)	(80,783)	(9,237)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issue of common stock (Note 14 and 18)	111,444	2,045	198
Acquisition of treasury stock (Note 14)	(26,637)	(9,151)
Acquisition of interests in non-controlling interests (Note 14)	(11,189)		(1,968)
Repayment of long-term borrowings (Note 13)	(8,716)	(14,128)	(87,008)
Long-term borrowings obtained (Note 13)	2,107	3,765	73,677
Sale of equity to non-controlling interest (Note 14)		1,407
Dividends paid to non-controlling interest		(1,024)
Payment of facility fee (Note 13)			(872)
Proceeds from bank overdraft			24,580
Repayment of bank overdraft			(23,335)
Net change in settlement obligations (Note 2)	(53,364)	33,870	(11,053)
NET CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES	13,645	16,784	(25,781)
Effect of exchange rate changes on cash	(18,380)	(12,348)	2,880
NET INCREASE IN CASH AND CASH EQUIVALENTS	106,061	58,911	5,007
CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR	117,583	58,672	53,665
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 223,644	$ 117,583	$ 58,672

Description Of Business And Bas

Description Of Business And Basis Of Presentation	12 Months Ended
	Jun. 30, 2016
Description Of Business And Basis Of Presentation [Abstract]
Description Of Business And Basis Of Presentation	1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Description of Business Net 1 UEPS Technologies, Inc. ("Net1" and collectively with its consolidated subsidiaries, the "Company") was incorporated in the State of Florida on May 8, 1997. The Company provides payment solutions and transaction processing services across a wide range of industries and in various geographies. It has developed and markets a smart-card based alternative payment system for the unbanked and underbanked populations of developing economies. Its universal electronic payment system ("UEPS") uses biometrically secure smart cards that operate in real-time but offline, which allows users to enter into transactions at any time with other card holders in even the most remote areas. The Company also develops and provides secure transaction technology solutions and services, and offers transaction processing, financial and on-line real-time healthcare management solutions in the United States. The Company's technology is widely used in South Africa today, where it distributes pension and welfare payments to recipient cardholders in South Africa, provides financial services, processes debit and credit card payment transactions on behalf of retailers through its EasyPay system, processes value-added services such as bill payments and prepaid electricity for the major bill issuers and local councils in South Africa, processes third-party and associated payroll payments for employees and provides mobile telephone top-up transactions for the major South African mobile carriers. Through KSNET, the Company offers card processing, payment gateway ("PG") and banking value-added network services ("VAN") in South Korea. The Company has expanded its card issuing and acquiring capabilities through the acquisition of Transact24 in Hong Kong. The Company's Masterpayment subsidiary in Germany provides value added payment services to online retailers across Europe. Basis of presentation The accompanying consolidated financial statements include subsidiaries over which Net1 exercises control and have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"). During the year ended June 30, 2016, the Company identified a balance sheet misclassification between current assets and long-term assets. The Company has restated these amounts in its consolidated balance sheet as of June 30, 2015, and has decreased its accounts receivable, net of allowances, and increased its other long-term assets by approximately $ 27.4

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Jun. 30, 2016
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. SIGNIFICANT ACCOUNTING POLICIES Principles of consolidation The financial statements of entities which are controlled by Net1, referred to as subsidiaries, are consolidated. Inter-company accounts and transactions are eliminated upon consolidation. The Company, if it is the primary beneficiary, consolidates entities which are considered to be variable interest entities ("VIE"). The primary beneficiary is considered to be the entity that will absorb a majority of the entity's expected losses, receive a majority of the entity's expected residual returns, or both. No Business combinations The Company accounts for its business acquisitions under the acquisition method of accounting. The total value of the consideration paid for acquisitions is allocated to the underlying net assets acquired, based on their respective estimated fair values. The Company uses a number of valuation methods to determine the fair value of assets and liabilities acquired, including discounted cash flows, external market values, valuations on recent transactions or a combination thereof, and believes that it uses the most appropriate measure or a combination of measures to value each asset or liability. Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Translation of foreign currencies The primary functional currency of the Company is the South African Rand ("ZAR") and its reporting currency is the U.S. dollar. The Company also has consolidated entities which have other currencies, primarily South Korean won ("KRW"), as their functional currency. Assets and liabilities are translated at the exchange rates in effect at the balance sheet date. Revenues and expenses are translated at average rates for the period. Translation gains and losses are reported in accumulated other comprehensive income in total equity. Foreign exchange transactions are translated at the spot rate ruling at the date of the transaction. Monetary items are translated at the closing spot rate at the balance sheet date. Transactional gains and losses are recognized in selling, general and administration expense on the Company's consolidated statement of operations for the period. Cumulative translation adjustment are released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. Allowance for doubtful accounts receivable Allowance for doubtful finance loans receivable The Company regularly reviews the ageing of outstanding amounts due from borrowers and adjusts the allowance based on management's estimate of the recoverability of the finance loans receivable. The Company writes off finance loans receivable and related service fees if a borrower is in arrears with repayments for more than three months or dies. Allowance for doubtful accounts receivable A specific provision is established where it is considered likely that all or a portion of the amount due from customers renting point of sale ("POS") equipment, receiving support and maintenance or transaction services or purchasing licenses from the Company will not be recovered. Non-recoverability is assessed based on a review by management of the ageing of outstanding amounts, the location of the customer and the payment history in relation to those specific amounts. Inventory Inventory is valued at the lower of cost and market value. Cost is determined on a first-in, first-out basis and includes transport and handling costs. Equity-accounted investments The Company uses the equity method to account for investments in companies when it has significant influence but not control over the operations of the equity-accounted company. Under the equity method, the Company initially records the investment at cost and then adjusts the carrying value of the investment to recognize the proportional share of the equity-accounted company's net income or loss. In addition, when an investment qualifies for the equity method (as a result of an increase in the level of ownership interest or degree of influence), the cost of acquiring the additional interest in the investee is added to the current basis of the Company's previously held interest and the equity method would be applied subsequently from the date on which the Company obtains the ability to exercise significant influence over the investee. Any unrealized holding gains or losses in accumulated other comprehensive income related to an available for sale security that becomes eligible for the equity method are recognized in earnings as of the date on which the investment qualifies for the equity method. The Company does not recognize cumulative losses in excess of its investment or loans in an equity-accounted investment except if it has an obligation to provide additional financial support. Dividends received from an equity-accounted investment reduce the carrying value of the Company's investment. Leasehold improvement costs Costs incurred in the adaptation of leased properties to serve the requirements of the Company are capitalized and amortized over the shorter of the estimated useful life of the asset and the remaining term of the lease. Property , plant and equipment Property, plant and equipment are shown at cost less accumulated depreciation. Property, plant and equipment are depreciated on the straight-line basis at rates which are estimated to amortize the assets to their anticipated residual values over their useful lives. Within the following asset classifications, the expected economic lives are approximately: Computer equipment 3 to 8 years Office equipment 2 to 10 years Vehicles 3 to 8 years Furniture and fittings 3 to 10 years Buildings and structures 8 to 30 years Plant and equipment 5 to 10 years The gain or loss arising on the disposal or retirement of an asset is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized in income. Goodwill Goodwill represents the excess of the purchase price of an acquired enterprise over the fair values of the identifiable assets acquired and liabilities assumed. The Company tests for impairment of goodwill on an annual basis and at any other time if events or circumstances change that would more likely than not reduce the fair value of the reporting unit goodwill below its carrying amount. Circumstances that could trigger an impairment test include but are not limited to: a significant adverse change in the business climate or legal factors; an adverse action or assessment by a regulator; unanticipated competition; loss of key personnel; the likelihood that a reporting unit or significant portion of a reporting unit will be sold or otherwise disposed; and results of testing for recoverability of a significant asset group within a reporting unit. If the carrying amount of the reporting unit goodwill exceeds the implied fair value of that goodwill, an impairment loss recorded in the statement of operations. Measurement of the fair value of a reporting unit is based on one or more of the following fair value measures: the amount at which the unit as a whole could be bought or sold in a current transaction between willing parties; present value techniques of estimated future cash flows; or valuation techniques based on multiples of earnings or revenue, or a similar performance measure. Intangible assets Intangible assets are shown at cost less accumulated amortization. Intangible assets are amortized over the following useful Customer relationships 1 to 15 years Software and unpatented technology 3 to 5 years FTS patent 10 years Exclusive licenses 7 years Trademarks 3 to 20 years Customer databases 3 years Intangible assets are periodically evaluated for recoverability, and those evaluations take into account events or circumstances that warrant revised estimates of useful lives or that indicate that impairment exists. Policy reserves and liabilities Reserves for future policy benefits and claims payable The Company determines its reserves for future policy benefits under its life insurance products using a model which estimates claims incurred that have not been reported at the balance sheet date. This model includes best estimate assumptions of experience plus prescribed margins, as required in the markets in which these products are offered, namely South Africa. The best estimate assumptions include those assumptions related to mortality, morbidity and claim reporting delays, and the main assumptions used to calculate the reserve for future policy benefits include (i) mortality and morbidity assumptions reflecting the company's most recent experience and (ii) claim reporting delays reflecting Company specific and industry experience. The values of matured guaranteed endowments were increased by late payment interest (net of the asset management fee and allowance for tax on investment income). Deposits on investment contracts For the Company's interest-sensitive life contracts, liabilities approximate the policyholder's account value. For deferred annuities, the fixed option on variable annuities, guaranteed investment contracts and other investment contracts, the liability is the policyholder's account value. Reinsurance contracts held The Company enters into reinsurance contracts with reinsurers under which the Company is compensated for the entire amount or a portion of losses arising on one The expected benefits to which the Company is entitled under its reinsurance contracts held are recognized as reinsurance assets. These assets consist of short-term balances due from reinsurers (classified within accounts receivable, net) as well as long-term receivables (classified within other long-term assets) that are dependent on the present value of expected claims and benefits arising net of expected premiums payable under the related reinsurance contracts. Amounts recoverable from or due to reinsurers are measured consistently with the amounts associated with the reinsured contracts and in accordance with the terms of each reinsurance contract. Reinsurance assets are assessed for impairment at each balance sheet date. If there is reliable objective evidence that amounts due may not be recoverable, the Company reduces the carrying amount of the reinsurance asset to its recoverable amount and recognizes that impairment loss in its condensed consolidated statement of operations. Reinsurance premiums are recognized when due for payment under each reinsurance contract. Redeemable common stock Common stock that is redeemable (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder, or (3) upon the occurrence of an event that is not solely within the control of Company is presented outside of total Net1 equity (i.e. permanent equity). Redeemable common stock is initially recognized at issuance date fair value and the Company does not adjust the issuance date fair value if redemption is not probable. The Company re-measures the redeemable common stock to the maximum redemption amount at the balance sheet date once redemption is probable. Reduction in the carrying amount of the redeemable common stock is only appropriate to the extent that the Company has previously recorded increases in the carrying amount of the redeemable equity instrument as the redeemable common stock may be not be carried at an amount that is less the initial amount reported outside of permanent equity. Redeemable common stock is reclassified as permanent equity when presentation outside permanent equity is no longer required (if, for example, a redemption feature lapses, or there is a modification of the terms of the instrument). The existing carrying amount of the redeemable common stock is reclassified to permanent equity at the date of the event that caused the reclassification and prior period consolidated financial statements are not adjusted. Sales taxes Revenue and expenses are presented net of sales, use and value added taxes, as the case may be. Revenue recognition The Company recognizes revenue when: there is persuasive evidence of an agreement or arrangement; delivery of products has occurred or services have been rendered; the seller's price to the buyer is fixed or determinable; and collectability is reasonably assured. The Company's principal revenue streams and their respective accounting treatments are discussed below: Fees Pension and welfare and South African participating merchants The Company provides a welfare benefit distribution service to the South African Social Security Agency ("SASSA"). Fee income received for these services is recognized in the statement of operations when distributions have been made to the recipient cardholders. Recipient cardholders are able to load their welfare grants at merchants enrolled in the Company's participating merchant system in certain provinces. There is no charge to the recipient cardholder to load the grant onto a smart card at the merchant location, however, a fee is charged to the merchant for purchases made at the merchant using the smart card. A fee is also charged to the merchant when the recipient cardholder makes a cash withdrawal. Fee income received for these services is recognized in the statement of operations when the transaction occurs. Fees related to management of card issuance programs and utilization of ATMs The Company manages card issuance programs and owns ATMs in South Africa from which it generates fee revenue. Fee revenue generated from card issuance programs includes interchange and other miscellaneous fees, which are recorded when cardholder transact at either a POS or an ATM. Fee revenue generated from utilization of ATMs includes cash withdrawal, balance enquiry, insufficient funds and other miscellaneous ATM fees which are recorded when an ATM user performs a transaction at an ATM. Card VAN, banking VAN and payment gateway Card VAN services consist of services relating to authorization of credit card transactions including transmission of transaction details ("authorization service"), and collection of receipts associated with the credit card transactions ("collection service"). With its authorization service, the Company connects credit card companies with merchants online when a customer uses his/her credit card via terminals installed at merchants' sites and the Company's central processing server for approval of credit card transactions. Immediately after approval of credit card transactions, the Company transmits details of the transactions to credit card companies online for processing payments. Collection service captures the transaction data and gathers receipts as documented evidence and provides them to credit card companies upon request. The Company earns service fees based on the number of transactions processed for credit card companies when services are rendered in accordance with the contracts entered into between credit card companies and the Company. The Company bills for its service charges to credit card companies each month. Each service could be provided either individually or collectively, based on terms of contracts. The Company charges commission fees to credit card companies for the authorization service provided based on the number of approvals transferred. The right to receive a service fee is due once a credit card transaction has been approved and details of the transaction are transmitted by the Company. Therefore, revenues from the authorization service are recognized when the credit card transactions are authorized and details of the transactions are transmitted. The Company earns a collection service fee once it has provided settled funds to the credit card companies. Therefore, revenue from the collection service is recognized when the Company collects the receipts and provides them to the card companies. For multiple-element arrangements, the Company has identified two VSOE generally exists only when the Company sells the deliverable separately and is the price actually charged by the Company for that deliverable. ESPs reflect the Company's best estimates of what the selling prices of elements would be if they were sold regularly on a stand-alone basis. Because the Company has neither VSOE nor TPE for the two deliverables, the allocation of revenue has been based on the Company's ESPs. Amounts allocated to the authorization and the collection service are recognized at the time of service, provided the other conditions for revenue recognition have been met. The Company's process for determining its ESP for deliverables without VSOE or TPE considers multiple factors that may vary depending upon the unique facts and circumstances related to each deliverable. Key factors considered by the Company in developing the ESPs include prices charged by the Company, historical pricing practices and controls, range of prices for various customers and the nature of the services. Consideration is also given to market conditions such as competitor pricing strategies and market perception. Banking VAN is a division supporting a company's fund management business (large payment transfers, collections, etc.) by relaying financial transactions between client companies and financial institutions. Financial transactions between two or more business enterprises, or between business enterprises and their customers, are conducted through the transaction-processing network established between the Company and the banks. Revenue from the banking VAN service is recognized when the service is rendered by the Company. With its PG service, the Company provides the Internet-based settlement service between an on-line shopping mall and a credit card company when a customer uses his/her credit card, debit card or on-line payment to pay for goods or services. The Company receives fees for carrying out settlements for electronic transactions. Revenue from the PG service is recognized when the service is rendered by the Company. Microlending service fee The Company provides short-term loans to customers in South Africa and charges and recognizes monthly service fee revenue under the contractual terms of the loan. The monthly service fee amount is fixed upon initiation and does not change over the term of the loan. Other fees and commissions The Company provides an automated payment collection service to third parties, for which it charges monthly fees. These fees are recognized in the statement of operations as the underlying services are performed. The Company provides medical-related claims adjudication, reconciliation and settlement services ("medical-related claim service") to customers, for which it charges fees. These fees are recognized in the statement of operations as the underlying services are performed. The Company sells prepaid electricity and recognizes a commission in its statement of operations once the prepaid electricity token has been delivered to the customer. Contract variations fees The Company records additional revenue from variations to contracts for the provision of welfare benefits, if: there is persuasive evidence of an agreement; collectability is reasonably assured; and all material terms and conditions of the agreement have been adhered to. Hardware and prepaid airtime voucher sales Revenue from hardware and airtime voucher sales is recognized when risk of loss has transferred to the customer and there are no unfulfilled Company obligations that affect the customer's final acceptance of the arrangement. Any cost of warranties and remaining obligations that are inconsequential or perfunctory are accrued when the corresponding revenue is recognized. The Company buys terminals from manufacturers, and subsequently sells them through its agencies. Revenue is recognized when significant risks and rewards of ownership of terminals have passed to the buyer, usually on delivery of the terminals to the buyer. To the extent that sales of hardware are made in an arrangement that includes software that is more than incidental, the Company considers post-contract maintenance and technical support or other future obligations which could impact the timing and amount of revenue recognized. Software Revenue from licensed software is recognized on a subscription basis over the period that the client is entitled to use the license. Revenue from the sale of software is recognized if all revenue recognition criteria have been met. Post-contract maintenance and technical support in respect of software is generally negotiated and sold as a separate service and is recognized over the period such items are delivered. Systems implementation projects The Company undertakes smart card system implementation projects. The hardware and software installed in these projects are in the form of customized systems, which ordinarily involve modification to meet the customer's specifications. Software delivered under such arrangements is available to the customer permanently, subject to the payment of annual license fees. Revenue for such arrangements is recognized under the percentage of completion method, save for annual license fees, which are recognized in the period to which they relate. Up-front and interim payments received are recorded as client deposits until customer acceptance. The Company's customer arrangements may have multiple deliverables. Generally, the Company's multiple element arrangements fall within the scope of specific accounting standards that provide guidance regarding the separation of elements in multiple-deliverable arrangements and the allocation of consideration among those elements. If not, the Company unbundles multiple element arrangements into separate units of accounting when the delivered element(s) has stand-alone value and fair value of the undelivered element(s) exists. Terminal rental income The Company leases terminals to merchants participating in its merchant acquiring system. Operating rental income is recognized monthly on a straight-line basis in accordance with the lease agreement. Other income Revenue from service and maintenance activities is charged to customers on a time-and-materials basis and is recognized in the statement of operations as services are delivered to customers. Research and development expenditure Research and development expenditure is charged to net income in the period in which it is incurred. During the years ended June 30, 2016, 2015 and 2014, the Company incurred research and development expenditures of $ 2.3 2.4 2.2 Computer software development Product development costs in respect of software intended for sale to licensees are expensed as incurred until technological feasibility is attained. Technological feasibility is attained when the Company's software has completed system testing and has been determined to be viable for its intended use. The time between the attainment of technological feasibility and completion of software development is generally short with immaterial amounts of development costs incurred during this period. Costs in respect of the development of software for the Company's internal use are expensed as incurred, except to the extent that these costs are incurred during the application development stage. All other costs including those incurred in the project development and post-implementation stages are expensed as incurred. Income taxes The Company provides for income taxes using the asset and liability method. This approach recognizes the amount of taxes payable or refundable for the current year, as well as deferred tax assets and liabilities for the future tax consequence of events recognized in the financial statements and tax returns. Deferred income taxes are adjusted to reflect the effects of changes in tax laws or enacted tax rates. The Company measured its South African income taxes and deferred income taxes for the years ended June 30, 2016, 2015 and 2014, using the enacted statutory tax rate in South Africa of 28 As of June 30, 2016, the Company intends to permanently reinvest its non-U.S. undistributed earnings of $ 414.2 In establishing the appropriate deferred tax asset valuation allowances, the Company assesses the realizability of its deferred tax assets, and based on all available evidence, both positive and negative, determines whether it is more likely than not that the deferred tax assets or a portion thereof will be realized. Reserves for uncertain tax positions are recognized in the financial statements for positions which are not considered more likely than not of being sustained based on the technical merits of the position on audit by the tax authorities. For positions that meet the more likely than not standard, the measurement of the tax benefit recognized in the financial statements is based upon the largest amount of tax benefit that, in management's judgement, is greater than 50 The Company's policy is to include interest related to unrecognized tax benefits in interest expense and penalties in selling, general and administration in the consolidated statements of operations. Stock-based compensation Stock-based compensation represents the cost related to stock-based awards granted. The Company measures equity-based stock-based compensation cost at the grant date, based on the estimated fair value of the award, and recognizes the cost as an expense on a straight-line basis (net of estimated forfeitures) over the requisite service period. In respect of awards with only service conditions that have a graded vesting schedule, the Company recognizes compensation cost on a straight-line basis over the requisite service period for the entire award. The forfeiture rate is estimated using historical trends of the number of awards forfeited prior to vesting. The expense is recorded in the statement of operations and classified based on the recipients' respective functions. The Company records deferred tax assets for awards that result in deductions on the Company's income tax returns, based on the amount of compensation cost recognized and the Company's statutory tax rate in the jurisdiction in which it will receive a deduction. Differences between the deferred tax assets recognized for financial reporting purposes and the actual tax deduction reported on the Company's income tax return are recorded in additional paid-in capital (if the tax deduction exceeds the deferred tax asset) or in the statement of operations (if the deferred tax asset exceeds the tax deduction and no additional paid-in capital exists from previous awards). Equity instruments issued to third parties Equity instruments issued to third parties represents the cost related to equity instruments granted. The Company measures this cost at the grant date, based on the estimated fair value of the award, and recognizes the cost as an expense on a straight-line basis (net of estimated forfeitures) over the requisite service period. The forfeiture rate is estimated based on the Company's expectation of the number of awards that will be forfeited prior to vesting. The Company records deferred tax assets for equity instrument awards that result in deductions on the Company's income tax returns, based on the amount of equity instrument cost recognized and the Company's statutory tax rate in the jurisdiction in which it will receive a deduction. Differences between the deferred tax assets recognized for financial reporting purposes and the actual tax deduction reported on the Company's income tax return are recorded in the statement of operations. Settlement assets and settlement obligations Settlement assets comprise (1) cash received from the South African government that the Company holds pending disbursement to recipient cardholders 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 cardholders 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. During fiscal 2016, and in prior financial years, certain bank accounts, cash in transit and funds in preparation for immediate access by grant beneficiaries, as well as the corresponding obligation to grant beneficiaries, were not included in settlement assets and obligations, primarily due to the reservation of ownership clause in the Company's agreement with SASSA and the assumption of total risk over the cash by the cash transfer service providers. In the course of the annual consideration of the Company's accounting practices and in the context of the increased and more diversified payment delivery channels arising from the Company's ATM and point of sale roll out, the Company has decided that its presentation would be enhanced by including these gross amounts in settlement assets and obligations. The Company has accordingly restated its balance sheet as of June 30, 2015 30.5 21.3 June 30, 2015 12.4 June 30, 2014 . Recent accounting pronouncements adopted In March 2016, the FASB issued guidance regarding Investments — Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting . The guidance simplifies the equity method of accounting by eliminating the requirement to retrospectively apply the equity method to an investment that subsequently qualifies for such accounting as a result of an increase in the level of ownership interest or degree of influence. Consequently, when an investment qualifies for the equity method (as a result of an increase in the level of ownership interest or degree of influence), the cost of acquiring the additional interest in the investee would be added to the current basis of the investor's previously held interest and the equity method would be applied subsequently from the date on which the investor obtains the ability to exercise significant influence over the investee. The guidance further requires that unrealized holding gains or losses in accumulated other comprehensive income related to an available for sale security that becomes eligible for the equity method be recognized in earnings as of the date on which the investment qualifies for the equity method. Early adoption is permitted. The guidance is effective for the Company beginning July 1, 2017, however the Company has early adopted the guidance, effective April 1, 2016. The adoption of this guidance did not have a material impact on the Company's financial statements. Recent accounting pronouncements not yet adopted as of June 30, 2016 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 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 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 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 pro

Acquisitions

Acquisitions	12 Months Ended
	Jun. 30, 2016
Acquisitions [Abstract]
Acquisitions	3. ACQUISITIONS The cash paid, net of cash received related to the Company's various acquisitions during the years ended June 30, 2016, 2015 and 2014 are summarized in the table below: 2016 2015 2014 Transact24 Limited ("Transact24") $ 1,666 $ - $ - Masterpayment AG ("Masterpayment") 14,101 - - Total cash paid, net of cash received $ 15,767 $ - $ - 2016 acquisitions Transact24 Limited On January 20, 2016 56 3.0 391,645 4.0 44 May 2015 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 Masterpayment AG In April 2016, the Company acquired a 60 9.4 5.4 5,000 The final purchase price allocation of Transact24 and Masterpayment acquisitions, translated at the foreign exchange rates applicable on the date of acquisition, is provided in the table below: Transact24 Masterpayment Total Cash and cash equivalents $ 1,334 $ 665 $ 1,999 Accounts receivable 2,019 765 2,784 Property, plant and equipment, net 154 18 172 Deferred tax assets 1,070 - 1,070 Intangible assets (Note 9) 4,974 9,428 14,402 Goodwill (Note 9) 6,024 17,084 23,108 Accounts payables and other payables (1,898 ) (1,114 ) (3,012 ) Deferred tax liabilities (1,243 ) (2,236 ) (3,479 ) Fair value of assets and liabilities on acquisition 12,434 24,610 37,044 Less: fair value of equity-accounted investment, comprising: (5,471 ) - (5,471 ) Less: gain on re-measurement of previously held interest (1,908 ) - (1,908 ) Less: carrying value at the acquisition date (3,563 ) - (3,563 ) Less: fair value attributable to controlling interests on acquisition date . - (9,844 ) (9,844 ) Total purchase price $ 6,963 14,766 $ 21,729 Add: carrying value of non-controlling interests acquired 9,867 Add: adjustment to Net1 equity (Note 14) 1,322 Cash paid for non-controlling interest (Note 14) 11,189 Total consideration paid for Masterpayment $ 25,955 Pro forma results of operations have not been presented because the effect of the Transact24 and Masterpayment acquisitions, individually and in the aggregate, were not material to the Company. During the year ended June 30, 2016, the Company incurred acquisition-related expenditure of $ 0.2 3.8 0.03 2.4 0.04 2015 acquisitions None. 2014 acquisitions None.

Pre-Funded Social Welfare Grant

Pre-Funded Social Welfare Grants Receivable	12 Months Ended
	Jun. 30, 2016
Pre-Funded Social Welfare Grants Receivable [Abstract]
Pre-Funded Social Welfare Grants Receivable	4. 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 July 2016 payment service commenced on July 1, 2016, but the Company pre-funded certain merchants participating in the merchant acquiring systems in the last two days of June 2016. The July 2015 payment service commenced on July 1, 2015, but the Company pre-funded certain merchants participating in the merchant acquiring systems in the last two days of June 2015.

Accounts Receivable, Net And Fi

Accounts Receivable, Net And Finance Loans Receivable, Net	12 Months Ended
	Jun. 30, 2016
Accounts Receivable, Net And Finance Loans Receivable, Net [Abstract]
Accounts Receivable, Net And Finance Loans Receivable, Net	5. ACCOUNTS RECEIVABLE, net and FINANCE LOANS RECEIVABLE, net Accounts receivable, net 2016 2015 (1) Accounts receivable, trade, net $ 57,563 $ 67,399 Accounts receivable, trade, gross 59,232 69,355 Allowance for doubtful accounts receivable, end of year 1,669 1,956 Beginning of year 1,956 1,313 Reversed to statement of operations (68 ) (61 ) Charged to statement of operations 388 1,580 Utilized (361 ) (654 ) Foreign currency adjustment (246 ) (222 ) Current portion of payments to agents in South Korea amortized over the contract period 26,572 25,998 Payments to agents in South Korea amortized over the contract period 52,469 53,431 Less: Payments to agents in South Korea amortized over the contract period included in other long-term assets (Note 1) 25,897 27,433 Other receivables 23,670 27,938 Total accounts receivable, net $ 107,805 $ 121,335 (1) – Receivables from the sale of prepaid products of $ 18,448 Receivables from customers renting POS equipment from the Company are included in accounts receivable, trade, and are stated net of an allowance for certain amounts that the Company's management has identified may be unrecoverable. Accounts receivable, trade, also includes amounts due from customers from the sale of hardware, software licenses and SIM cards and provision of transaction processing services. During the years ended June 30, 2016 and 2014, the Company recorded a bad debt expense of $ 1.2 0.6 no Finance loans receivable, net 2016 2015 Finance loans receivable, gross $ 41,503 $ 44,600 Allowance for doubtful finance loans receivable, end of year 4,494 4,227 Beginning of year 4,227 3,083 Charged to statement of operations 2,113 3,392 Utilized (1,105 ) (1,705 ) Foreign currency adjustment (741 ) (543 ) Total finance loans receivable, net $ 37,009 $ 40,373 The Company did no

Inventory

Inventory	12 Months Ended
	Jun. 30, 2016
Inventory [Abstract]
Inventory	6. INVENTORY The Company's inventory as of June 30, 2016 and 2015, is presented in the table below: 2016 2015 Finished goods $ 10,004 $ 12,979 $ 10,004 $ 12,979

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	12 Months Ended
	Jun. 30, 2016
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	7. FAIR VALUE OF FINANCIAL INSTRUMENTS 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 managemen t The Company seeks to reduce its exposure to currencies other than the South African rand through a policy of matching, to the extent possible, assets and liabilities denominated in those currencies. In addition, the Company uses financial instruments in order to economically hedge its exposure to exchange rate and interest rate fluctuations arising from its operations. The Company is also exposed to equity price and liquidity risks as well as credit risks. Currency exchange risk The Company is subject to currency exchange risk because it purchases inventories that it is required to settle in other currencies, primarily the euro and 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 South African rand, 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 Fair value is defined as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. In addition, the fair value of liabilities should include consideration of non-performance risk including the Company's own credit risk. Fair value measurements and inputs are categorized into a fair value hierarchy which prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. Each fair value measurement is reported in one of the three levels which is determined by the lowest level input that is significant to the fair value measurement in its entirety. These levels are: Level 1 – inputs are based upon unadjusted quoted prices for identical instruments traded in active markets. Level 2 – inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – inputs are generally unobservable and 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. The following section describes the valuation methodologies the Company uses to measure financial assets and liabilities at fair value. Investments in common stock 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 would apply 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 would be 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") During the year ended June 30, 2016, the Company determined that it was able to exert significant influence on Finbond due to its representation on the board of directors (from April 2016) and the level of its shareholding. Accordingly, the Company has recognized its investment in Finbond using the equity method from April 1, 2016. Up until this date, the Company had no rights to participate in the financial, operating, or governance decisions made by Finbond. The Company also had no participation on Finbond's board of directors whether through contractual agreement or otherwise. Consequently, the Company had concluded that it did not have significant influence over Finbond and therefore equity accounting was not appropriate up until March 31, 2016, and Finbond was carried as an available for sale asset up until that date. The Company's ownership interest in Finbond as of June 30, 2016, was approximately 26 197,522,435 40,733,723 8.9 The Company's Level 3 asset as of June 30, 2015, represented an investment of 156,788,712 The fair value of these securities as of June 30, 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 June 30, 2016 Fair market Notional amount Strike price value price Maturity EUR 573,765.00 ZAR 15.9587 ZAR 16.3393 July 20, 2016 EUR 554,494.50 ZAR 16.0643 ZAR 16.4564 August 19, 2016 EUR 465,711.00 ZAR 16.1798 ZAR 16.582 September 20, 2016 EUR 393,675.00 ZAR 16.2911 ZAR 16.7017 October 20, 2016 EUR 302,368.50 ZAR 16.4085 ZAR 16.8301 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 June 30, 2016, 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 $ 533 $ - $ - $ 533 Foreign exchange contracts - 62 - 62 Other - 37 - 37 Total assets at fair value $ 533 $ 99 $ - $ 632 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 years ended June 30, 2016 and 2015, respectively. During the year ended June 30, 2016, the Company determined that it was able to exert significant influence on Finbond and transferred the carrying value as of April 1, 2016, to equity-accounted investments. There have been no Trade, finance loans and other receivables Trade, finance loans and other receivables originated by the Company are stated at cost less allowance for doubtful accounts receivable. The fair value of trade, finance loans and other receivables approximate their carrying value due to their short-term nature. Trade and other payables The fair values of trade and other payables approximates their carrying amounts, due to their short-term nature. 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. The Company owns 25 10 none

Property, Plant And Equipment,

Property, Plant And Equipment, Net	12 Months Ended
	Jun. 30, 2016
Property, Plant And Equipment, Net [Abstract]
Property, Plant And Equipment, Net	8. PROPERTY, PLANT AND EQUIPMENT, net Summarized below is the cost, accumulated depreciation and carrying amount of property, plant and equipment as of June 30, 2016 and 2015: 2016 2015 Cost: Land $ 851 $ 869 Building and structures 467 477 Computer equipment 130,998 121,033 Furniture and office equipment 7,262 6,295 Motor vehicles 15,368 17,660 Plant and equipment - - 154,946 146,334 Accumulated depreciation: Land - - Building and structures 151 134 Computer equipment 81,423 75,681 Furniture and office equipment 5,048 4,901 Motor vehicles 13,347 13,298 Plant and equipment - - 99,969 94,014 Carrying amount: Land 851 869 Building and structures 316 343 Computer equipment 49,575 45,352 Furniture and office equipment 2,214 1,394 Motor vehicles 2,021 4,362 Plant and equipment - - $ 54,977 $ 52,320

Goodwill And Intangible Assets,

Goodwill And Intangible Assets, Net	12 Months Ended
	Jun. 30, 2016
Goodwill And Intangible Assets, Net [Abstract]
Goodwill And Intangible Assets, Net	9 . GOODWILL AND INTANGIBLE ASSETS, net Goodwill Summarized below is the movement in the carrying value of goodwill for the years ended June 30, 2016, 2015 and 2014: Gross Accumulated Carrying value impairment value Balance as of July 1, 2013 218,558 (42,752 ) 175,806 Loss on liquidation of Net1 Universal Electronic Technologies (Austria) GmbH and associated entities ("Net1 UTA") (Note 19 ) (44,445 ) 44,445 - Foreign currency adjustment (1) 12,463 (1,693 ) 10,770 Balance as of June 30, 2014 186,576 - 186,576 Foreign currency adjustment (1) (20,139 ) - (20,139 ) Balance as of June 30, 2015 166,437 - 166,437 Acquisition of Transact24 (Note 3) 6,024 - 6,024 Acquisition of Masterpayment (Note 3) 17,084 - 17,084 Foreign currency adjustment (1) (10,067 ) - (10,067 ) Balance as of June 30, 2016 $ 179,478 $ - $ 179,478 (1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand, Euro and the Korean won, and the U.S. dollar on the carrying value. Goodwill associated with the acquisition of Transact24 and Masterpayment represents the excess of cost over the fair value of acquired net assets. The Transact24 and Masterpayment goodwill is not deductible for tax purposes. See Note 3 for the allocation of the purchase price to the fair value of acquired net assets. Transact24 and Masterpayment have both been allocated to the Company's International transaction processing operating segment. The Company assesses the carrying value of goodwill for impairment annually, or more frequently, whenever events occur and circumstances change indicating potential impairment. The Company performs its annual impairment test as of June 30 of each year. The results of our impairment tests during the year ended June 30, 2016 and 2015, indicated that the fair value of the Company's reporting units exceeded their carrying values and therefore the Company's reporting units were not at risk of potential impairment. 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, 2014 $ 28,517 $ 128,427 $ 29,632 $ 186,576 Foreign currency adjustment (1) (3,938 ) (12,908 ) (3,293 ) (20,139 ) Balance as of June 30, 2015 24,579 115,519 26,339 166,437 Acquisition of Transact24 (Note 3) - 6,024 - 6,024 Acquisition of Masterpayment (Note 3) - 17, 084 - 17,084 Foreign currency adjustment (1) (4,154 ) (2,442 ) (3,471 ) (10,067 ) Balance as of June 30, 2016 $ 20,425 $ 136,185 $ 22,868 $ 179,478 (1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand, Euro and the Korean won, and the U.S. dollar on the carrying value. Intangible assets, net Summarized below is the fair value of intangible assets acquired, translated at the exchange rate applicable as of the relevant acquisition dates, and the weighted-average amortization period: Weighted- Fair value Average as of Amortization acquisition period (in date years) Finite-lived intangible asset: Transact24 customer relationships $ 3,749 5 Masterpayment customer relationships 6,595 5 Transact24 software and unpatented technology 1,225 3 Masterpayment software and unpatented technology 1,765 3 Masterpayment trademarks $ 1,068 5 The Company recognized a deferred tax liability of approximately $ 3.5 The Company assesses the carrying value of intangible assets for impairment whenever events occur or circumstances change indicating that the carrying amount of the intangible asset may not be recoverable. No Summarized below is the carrying value and accumulated amortization of intangible assets as of June 30, 2016 and 2015: As of June 30, 2016 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 (1) 94,529 $ (51,557 ) $ 42,972 $ 88,109 $ (45,312 ) $ 42,797 Software and unpatented technology (1) 31,452 (28,791 ) 2,661 29,964 (28,323 ) 1,641 FTS patent 2,592 (2,592 ) - 3,119 (3,119 ) - Exclusive licenses 4,506 (4,506 ) - 4,506 (4,506 ) - Trademarks (1) 6,685 (3,762 ) 2,923 6,094 (3,408 ) 2,686 Total finite-lived intangible assets . $ 139,764 $ (91,208 ) $ 48,556 $ 131,792 $ (84,668 ) $ 47,124 (1) Includes the trademarks acquired in the Masterpayment acquisition as well as the customer relationships and software and unpatented technology acquired as part of the Transact24 and Masterpayment acquisition in January 2016 and April 2016, respectively Amortization expense charged for the years to June 30, 2016, 2015 and 2014 was $ 11.2 19.4 16.6 Future estimated annual amortization expense for the next five fiscal years, assuming exchange rates prevailing on June 30, 2016, 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. 2017 $ 11,919 2018 11,305 2019 10,686 2020 9,986 2021 4,315 Thereafter $ 345

Reinsurance Assets And Policy H

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts	12 Months Ended
	Jun. 30, 2016
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts	10. REINSURANCE ASSETS AND POLICY HOLDER LIABILITIES UNDER INSURANCE AND INVESTMENT CONTRACTS Assets and policy holder liabilities under investment contracts Summarized below is the movement in assets and policy holder liabilities under investment contracts during the years ended June 30, 2016 and 2015: Assets (1) Investment contracts (2) Balances acquired on July 1, 2014 $ 688 $ (688 ) Foreign currency adjustment (3) (95 ) 95 Balance as of June 30, 2015 $ 593 $ (593 ) Increase in policy holder benefits under investment contracts 35 (35 ) Foreign currency adjustment (3) (100 ) 100 Balance as of June 30, 2016 $ 528 $ (528 ) (1) Included in other long-term assets 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. 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 years ended June 30, 2016 and 2015: Reinsurance Insurance assets (1) contracts (2) Balances acquired on July 1, 2014 $ 21,062 $ (21,478 ) Claims and policyholders' benefits under insurance contracts 30 (55 ) Transfer to reinsurer (3) (18,000 ) 18,000 Foreign currency adjustment (4) (2,909 ) 2,966 Balance as of June 30, 2015 183 (567 ) Increase in policy holder benefits under insurance contracts 463 (1,408 ) Claims and policyholders' benefits under insurance contracts (444 ) 801 Foreign currency adjustment (4) (31 ) 96 Balance as of June 30, 2016 $ 171 $ (1,078 ) (1) Included in other long-term assets (2) Included in other long-term liabilities (3) Smart Life has agreed to transfer certain fully reinsured policies to the reinsurer pursuant to conditions imposed by the South African Financial Service Board to uplift the suspension of its life insurance license. (4) 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.

Other Payables

Other Payables	12 Months Ended
	Jun. 30, 2016
Other Payables [Abstract]
Other Payables	11. OTHER PAYABLES Summarized below is the breakdown of other payables as of June 30, 2016 and 2015: 2016 2015 Accruals $ 12,588 $ 14,484 Provisions 10,461 17,015 Other 7,981 9,361 Value-added tax payable 5,022 3,327 Payroll-related payables 992 1,008 Participating merchants settlement obligation 435 400 $ 37,479 $ 45,595

Short-Term Facilities

Short-Term Facilities	12 Months Ended
	Jun. 30, 2016
Short-Term Facilities [Abstract]
Short-Term Facilities	12 . SHORT-TERM FACILITIES South Africa The aggregate amount of the Company's short-term South African credit facility with Nedbank Limited is up to ZAR 400 27.1 200 13.5 200 13.5 50 3.4 150 10.1 9.35 0.35 As of each of June 30, 2016 and 2015, respectively, the Company had no 131.1 8.9 150 139.6 11.4 South Korea The Company obtained a one year KRW 10 billion short-term overdraft facility from Hana Bank, a South Korean bank, in January 2014 one more January 2017 3.31 no 10.0 8.7

Long-Term Borrowings

Long-Term Borrowings	12 Months Ended
	Jun. 30, 2016
Long-Term Borrowings [Abstract]
Long-Term Borrowings	13. LONG-TERM BORROWINGS In October 2013, the Company refinanced its long-term South Korean credit facility and signed a new five three 60.0 52.0 15 13.0 10.0 8.7 The Facility A and B loans were fully drawn on October 29, 2013, and used to repay KRW 75.0 70.6 92.4 87.0 17.4 16.4 1.1 1.0 2.2 2.1 The Company drew approximately KRW 2.5 2.1 4.0 3.8 51.8 Interest on the loans and revolving credit facility is payable quarterly and is based on the South Korean CD rate in effect from time to time plus a margin of 3.10 2.90 1.61 4.71 0.3 The Company paid facilities fees of approximately KRW 0.9 0.9 0.1 0.2 0.3 0.4 2.6 3.6 4.8 The Facility A loan is repayable in three 10 8.7 30 October 29, 2018 three The loans under the Facilities Agreement are secured by a pledge by Net1 Korea of its entire equity interest in KSNET and a pledge by the immediate parent of Net1 Korea (also one of the Company's subsidiaries) of its entire equity interest in Net1 Korea. The Facilities Agreement contains customary covenants that require Net1 Korea to maintain agreed leverage and debt service coverage ratios and restricts Net1 Korea's ability to make certain distributions with respect to its capital stock, prepay other debt, encumber its assets, incur additional indebtedness, or engage in certain business combinations. The loans under the Facilities Agreement are without recourse to, and the covenants and other agreements contained therein do not apply to, the Company or any of the Company's subsidiaries (other than Net1 Korea).

Common Stock

Common Stock	12 Months Ended
	Jun. 30, 2016
Common Stock [Abstract]
Common Stock	14. COMMON STOCK Common stock Holders of shares of Net1's common stock are entitled to receive dividends and other distributions when declared by Net1's board of directors out of legally available funds. Payment of dividends and distributions is subject to certain restrictions under the Florida Business Corporation Act, including the requirement that after making any distribution Net1 must be able to meet its debts as they become due in the usual course of its business. Upon voluntary or involuntary liquidation, dissolution or winding up of Net1, holders of common stock share ratably in the assets remaining after payments to creditors and provision for the preference of any preferred stock according to its terms. There are no pre-emptive or other subscription rights, conversion rights or redemption or scheduled installment payment provisions relating to shares of common stock. All of the outstanding shares of common stock are fully paid and non-assessable. Each holder of common stock is entitled to one The Company's number of shares, net of treasury, presented in the consolidated balance sheets and consolidated statement of changes in equity includes participating non-vested equity shares (specifically contingently returnable shares) as described below in Note 18"—Amended and Restated Stock Incentive Plan—Restricted Stock—General Terms of Awards". The following table presents reconciliation between the number of shares, net of treasury, presented in the consolidated statement of changes in equity and the number of shares, net of treasury, excluding non-vested equity shares that have not vested during the years ended June 30, 2016, 2015 and 2014: 2016 2015 2014 Number of shares, net of treasury: Statement of changes in equity – common stock 55,271,954 46,679,565 47,819,299 Less: Non-vested equity shares that have not vested as of end of year (Note 18) 589,447 341,529 385,778 Number of shares, net of treasury excluding non-vested equity shares that have not vested 54,682,507 46,338,036 47,433,521 Redeemable common stock issued pursuant to transaction with the IFC Investors Holders of redeemable common stock have all the rights of enjoyed by holders of common stock, however, holders of redeemable common stock have additional contractual rights. On April 11, 2016, the Company entered into a Subscription Agreement (the "Subscription Agreement") with International Finance Corporation, IFC African, Latin American and Caribbean Fund, LP, IFC Financial Institutions Growth Fund, LP, and Africa Capitalization Fund, Ltd. (collectively, the "IFC Investors"). Under the Subscription Agreement, the IFC Investors purchased, and the Company sold in the aggregate, approximately 9.98 0.001 10.79 107.7 The Company has entered into a Policy Agreement with the IFC Investors (the "Policy Agreement"). The material terms of the Policy Agreement are described below. Board Rights For so long as the IFC Investors in aggregate beneficially own shares representing at least 5 2.5 Registration Rights The Company has agreed to grant certain registration rights to the IFC Investors for the resale of their shares of the Company's common stock, including filing a resale shelf registration statement and taking certain actions to facilitate resales thereunder. Put Option Each Investor will have the right, upon the occurrence of specified triggering events, to require the Company to repurchase all of the shares of its common stock purchased by the IFC Investors pursuant to the Subscription Agreement (or upon exercise of their preemptive rights discussed below). Events triggering this put right relate to (1) the Company being the subject of a governmental complaint alleging, a court judgment finding or an indictment alleging that the Company (a) engaged in specified corrupt, fraudulent, coercive, collusive or obstructive practices; (b) entered into transactions with targets of economic sanctions; or (c) failed to operate its business in compliance with anti-money laundering and anti-terrorism laws; or (2) the Company rejecting a bona fide offer to acquire all of its outstanding Common Stock at a time when it has in place or implements a shareholder rights plan, or adopting a shareholder rights plan triggered by a beneficial ownership threshold of less than twenty 60 Preemptive Rights For so long as the IFC Investors hold in aggregate 5 Common stock repurchases Executed under share repurchase authorizations During November and December 2015, the Company repurchased an aggregate of 749,213 11.2 100 1,677,491 15.9 2,426,704 27.1 The share repurchase authorization will be used at management's discretion, subject to limitations imposed by SEC Rule 10b-18 and other legal requirements and subject to price and other internal limitations established by the Board. Repurchases will be funded from the Company's available cash. Share repurchases may be made through open market purchases, privately negotiated transactions, or both. There can be no assurance that the Company will purchase any shares or any particular number of shares. The authorization may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, liquidity and other factors that management deems appropriate. The Company did no On June 29, 2016, the Company adopted a Rule 10b5-1 plan for the purpose of repurchasing approximately $ 50 100 Other repurchases During the year ended June 30, 2015, the Company entered into a Subscription and Sale of Shares Agreement with Business Venture Investments No 1567 Proprietary Limited (RF) ("BVI"), one of the Company's BEE partners, in preparation for any new potential SASSA tender. Pursuant to the agreement: (i) the Company repurchased BVI's remaining 1,837,432 97.4 9.2 12.5 15.0 1.4 2,428,122 24.9 December 2013 Black Economic Empowerment transactions On December 10, 2013, the Company entered into definitive agreements relating to two 4,400,000 2.4 Salient terms of the BEE Relationship Agreements Pursuant to Relationship Agreements between the Company and its BEE partners, the Company sold an aggregate of 4,400,000 60.00 75 25 The Relationship Agreements provided for the entire purchase price for the BEE shares to be financed through a five The loans bore interest at a rate equal to the Johannesburg Interbank Rate plus 300 10 15 120.00 Upon the occurrence of certain "trigger events" with respect to a BEE partner, the BEE shares held by that BEE partner may be repurchased by the Company or one of its designees. These trigger events include the following: failure by the BEE partner to pay any amount due on its loan (including interest) to the lender (in this case, the Company may repurchase only that number of shares which would raise sufficient funds to settle any amount due and unpaid); any other breach by the BEE partner (or in certain circumstances its shareholders) of any provision of the Relationship Agreement, including without limitation, its failure to maintain its BEE status; the Company's common stock trades at or below ZAR 60.00 Nasdaq; the occurrence of certain insolvency events or liquidation proceedings affecting the BEE partner; or the BEE partner fails to satisfy any judgment or arbitration award granted or made against it within 7 If the trigger event involved a failure by a BEE partner to pay any amount due on its loan, then the repurchase price is the volume-weighted average price of the Company's common stock on the Nasdaq for the period of 30 The Company's share price exceeded ZAR 120.00 2,428,122 109.98 The BEE shares are contractually restricted as to resale for a period of five Acquisition of non-controlling interests During the year ended June 30, 2016, the Company acquired all of the issued share capital of Masterpayment and Smart Life that it did not previously own for approximately $ 11.2 0.001 2.0 no 1.3 1.5

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	12 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive (Loss) Income [Abstract]
Accumulated Other Comprehensive (Loss) Income	15. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The table below presents the change in accumulated other comprehensive (loss) income per component during years ended June 30, 2016, 2015 and 2014: Accumulated Net unrealized Accumulated income (loss) Foreign on asset currency available for translation sale, net of reserve tax Total ' 000 ' 000 ' 000 Balance as of July 1, 2013 $ (101,188 ) $ 330 $ (100,858 ) Movement in foreign currency translation reserve 13,552 - 13,552 Release of foreign currency translation reserve related to sale/ liquidation of businesses 4,277 - 4,277 Unrealized gain on asset available for sale, net of tax of $ 112 - 288 288 Balance as of June 30, 2014 (83,359 ) 618 (82,741 ) Movement in foreign currency translation reserve (56,862 ) - (56,862 ) Unrealized gain on asset available for sale, net of tax of $ 97 - 422 422 Balance as of June 30, 2015 (140,221 ) 1,040 (139,181 ) Movement in foreign currency translation reserve (49,479 ) - (49,479 ) Unrealized gain on asset available for sale, net of tax of $ 159 - 692 692 Release of gain on asset available for sale, net of taxes of $ 444 - (1,732 ) (1,732 ) Balance as of June 30, 2016 $ (189,700 ) $ - $ (189,700 ) The Company released a gain of approximately $ 2.2 0.4 no no 4.3 no

Revenue

Revenue	12 Months Ended
	Jun. 30, 2016
Revenue [Abstract]
Revenue	16. REVENUE 2016 2015 2014 Services rendered – comprising mainly fees and commissions $ 514,847 $ 536,046 $ 518,297 Loan-based fees received 47,117 62,235 33,560 Sale of goods – comprising mainly hardware and software sales 28,785 27,698 29,799 $ 590,749 $ 625,979 $ 581,656 Services rendered – comprising mainly fees and commissions for the year ended June 30, 2014, includes a once-off receipt of $ 26.6 no

Equity Instruments Issued Pursu

Equity Instruments Issued Pursuant To BEE Transactions	12 Months Ended
	Jun. 30, 2016
Equity Instruments Issued Pursuant To BEE Transactions [Abstract]
Equity Instruments Issued Pursuant To BEE Transactions	17. EQUITY INSTRUMENTS ISSUED PURSUANT TO BEE TRANSACTIONS 2014 transactions On April 16, 2014, the Company issued 4,400,000 11.3 The fair value of the loans provided to the BEE partners was determined to be their face value. The fair value of the equity instruments was calculated utilizing an adjusted Monte Carlo simulation discounted cash flow model which was developed for the purpose of the valuation of these BEE transactions. Cash flows were calculated for each simulated share price path, taking into account the bespoke features of the BEE transactions, as well as the expected interest and capital repayments (funded through the expected sales of BEE shares). The "adjustment" to the Monte Carlo simulation model incorporates a "jump diffusion" process to the standard Geometric Brownian Motion simulation, in order to capture the discontinuous share price jumps observed in the Company's share price movements on stock exchanges on which it is listed. Therefore, the simulated share price paths capture the idiosyncrasies of the observed Company share price movements. For each simulation, the resulting expected cash flows were discounted to the valuation date. The Company used an expected volatility of 21.04 five 7.90 30

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Jun. 30, 2016
Stock-Based Compensation [Abstract]
Stock-Based Compensation	18. STOCK-BASED COMPENSATION Amended and Restated Stock Incentive Plan The Company's Amended and Restated 2015 Stock Incentive Plan (the "Plan") was most recently amended and restated on November 11, 2015, after approval by shareholders. No evergreen provisions are included in the Plan. This means that the maximum number of shares issuable under the Plan is fixed and cannot be increased without shareholder approval, the plan expires by its terms upon a specified date, and no new stock options are awarded automatically upon exercise of an outstanding stock option. Shareholder approval is required for the repricing of awards or the implementation of any award exchange program. The Plan permits Net1 to grant to its employees, directors and consultants incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, performance-based awards and other awards based on its common stock. The Remuneration Committee of the Company's Board of Directors ("Remuneration Committee") administers the Plan. The total number of shares of common stock issuable under the Plan is 11,052,580 569,120 569,120 20 subject to awards which terminate or lapse without the payment of consideration may be granted again under the Plan. Shares delivered to the Company as part or full payment for the exercise of an option or to satisfy withholding obligations upon the exercise of an option may be granted again under the Plan in the Remuneration Committee's discretion. No awards may be granted under the Plan after August 19, 2025, but awards granted on or before such date may extend to later dates. Options General Terms of Awards Option awards are generally granted with an exercise price equal to the market price of the Company's stock at the date of grant, with vesting conditioned upon the recipient's continuous service through the applicable vesting date and expire 10 years after the date of grant. The options generally become exercisable in accordance with a vesting schedule ratably over a period of three years from the date of grant. The Company issues new shares to satisfy stock option award exercises but may also use treasury shares. Valuation Assumptions No 250 no 2015 2014 Expected volatility 60 % 50 % Expected dividends 0 % 0 % Expected life (in years) 3 3 Risk-free rate 1.0 % 0.9 % Restricted Stock General Terms of Awards Shares of restricted stock are considered to be participating non-vested equity shares (specifically contingently returnable shares) for the purposes of calculating earnings per share (refer to Note 21) because, as discussed in more detail below, the recipient is obligated to transfer any unvested restricted stock back to the Company for no consideration and these shares of restricted stock are eligible to receive non-forfeitable dividend equivalents at the same rate as common stock. Restricted stock generally vests ratably over a three year period, with vesting conditioned upon the recipient's continuous service through the applicable vesting date and under certain circumstances, the achievement of certain performance targets, as described below. Restricted stock awarded to non-employee directors and employees of the Company vests ratably over a three-year period. Recipients are entitled to all rights of a shareholder of the Company except as otherwise provided in the restricted stock agreements. These rights include the right to vote and receive dividends and/or other distributions. However, the restricted stock agreements generally prohibit transfer of any nonvested and forfeitable restricted stock. If a recipient ceases to be a member of the Board of Directors or an employee for any reason, all shares of his restricted stock that are not then vested and nonforfeitable will be immediately forfeited and transferred to the Company for no consideration. The Company issues new shares to satisfy restricted stock awards. Valuation Assumptions The fair value of restricted stock is based on the closing price of the Company's stock quoted on The Nasdaq Global Select Market on the date of grant. Market Conditions - Restricted Stock Granted in August and November 2014 In August and November 2014, respectively, the Remuneration Committee approved an award of 127,626 71,530 30 19.41 20 11.23 Market Conditions - Restricted Stock Granted in August and November 2014 (continued) 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 76.01 three 1.27 no 63.73 three 1.21 no Performance Conditions - Restricted Stock Granted in August 2015 In August 2015, the Remuneration Committee approved an award of 301,537 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 than $ 2.88 3.76 3.30 Stock Appreciation Rights The Remuneration Committee also may grant stock appreciation rights, either singly or in tandem with underlying stock options. Stock appreciation rights entitle the holder upon exercise to receive an amount in any combination of cash or shares of common stock (as determined by the Remuneration Committee) equal in value to the excess of the fair market value of the shares covered by the right over the grant price. No stock appreciation rights have been granted. Stock option and restricted stock activity Options The following table summarizes stock option activity for the years ended June 30, 2016, 2015 and 2014: Weighted Average Weighted Weighted Remaining Aggregate Average average Contractual Intrinsic Grant Number of exercise Term Value Date Fair shares price ($) (in years) ($' 000 ) Value ($) Outstanding – July 1, 2013 2,648,583 15.15 5.98 313 Granted under Plan: August 2013 224,896 7.35 10.00 568 2.53 Exercised (26,667 ) 7.00 91 Forfeited (136,420 ) 23.51 - Outstanding – June 30, 2014 2,710,392 14.16 5.38 3,909 Granted under Plan: August 2014 464,410 11.23 10.00 2,113 4.55 Exercised (773,633 ) 8.35 3,845 Outstanding – June 30, 2015 2,401,169 15.34 4.74 11,516 Exercised (323,645 ) 11.62 2,669 Outstanding – June 30, 2016 2,077,524 15.92 3.65 926 The following table presents stock options vesting and expecting to vest as of June 30, 2016: Weighted Weighted Average average Remaining Aggregate exercise Contractual Intrinsic Number of price Term Value shares ($) (in years) ($' 000 ) Vested and expecting to vest – June 30, 2016 2,077,524 15.92 3.65 926 These options have an exercise price range of $ 7.35 24.46 The following table presents stock options that are exercisable as of June 30, 2016: Weighted Average Weighted Remaining Aggregate average Contractual Intrinsic Number of exercise Term Value shares price ($) (in years) ($' 000 ) Exercisable – June 30, 2016 1,692,952 17.17 2.66 728 During the years ended June 30, 2016, 2015 and 2014, approximately 373,435 330,967 462,333 3.8 323,645 2.0 201,395 572,238 336,584 0.2 26,667 136,420 no Restricted stock The following table summarizes restricted stock activity for the years ended June 30, 2016, 2015 and 2014: Number of Weighted Shares of Average Grant Restricted Date Fair Value Stock ($' 000 ) Non-vested – July 1, 2013 405,226 4,393 Granted – August 2013 187,963 1,382 Vested – August 2013 (16,907 ) 161 Vested – February 2014 (183,333 ) 1,742 Total vested (200,240 ) Forfeitures (7,171 ) 84 Non-vested – June 30, 2014 385,778 3,534 Granted – August 2014 141,707 581 Granted – November 2014 71,530 229 Total granted 213,237 Vested – August 2014 (74,152 ) 828 Vested – February 2015 (183,334 ) 2,400 Total vested (257,486 ) 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 – June 30, 2016 589,447 7,622 The fair value of restricted stock vested during the years ended June 30, 2016, 2015 and 2014, was $ 1.4 3.2 1.9 7,171 Stock-based compensation charge and unrecognized compensation cost The Company has recorded a net stock compensation charge of $3.6 million, $3.2 million and $3.7 million for the years ended June 30, 2016, 2015 and 2014, respectively, which comprised: Allocated to cost of goods sold, IT Allocated to Total processing, selling, charge servicing general and (reversal) and support administration Year ended June 30, 2016 Stock-based compensation charge $ 3,598 $- $ 3,598 Total – year ended June 30, 2016 $ 3,598 $- $ 3,598 Year ended June 30, 2015 Stock-based compensation charge $ 3,195 $- $ 3,195 Total – year ended June 30, 2015 $ 3,195 $- $ 3,195 Year ended June 30, 2014 Stock-based compensation charge $ 3,724 $- $ 3,724 Reversal of stock compensation charge related to restricted stock forfeited (6 ) - (6 ) Total – year ended June 30, 2014 $ 3,718 $- $ 3,718 The stock compensation charge and reversals have been allocated to cost of goods sold, IT processing, servicing and support and selling, general and administration based on the allocation of the cash compensation paid to the employees. As of June 30, 2016, the total unrecognized compensation cost related to stock options was approximately $ 0.8 2.4 Tax consequences The Company has recorded a deferred tax asset of approximately $ 1.8 1.4

Deconsolidation Of Businesses S

Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business	12 Months Ended
	Jun. 30, 2016
Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business [Abstract]
Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business	19. DECONSOLIDATION OF BUSINESSES SOLD OR LIQUIDATED AND DISPOSAL OF BUSINESS The profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business during the years ended June 30, 2016, 2015 and 2014 are summarized in the table below: 2016 2015 2014 Profit on sale of MediKredit Integrated Healthcare Solutions Proprietary Limited ("MediKredit") $ - $ - $ 4,125 Profit on disposal of assets related to the business of Net 1 Universal Electronic Technological Solutions (Pty) Ltd ("NUETS business") - - 2,081 Loss on liquidation of Net1 UTA - - (6,261 ) Net profit (loss) for the year ended June 30, $ - $ - $ (55 ) 2014 transactions Sale of MediKredit On June 17, 2014, the Company sold its MediKredit subsidiary to an unrelated third party. The Company has recorded a profit of approximately $4.1 million related to the sale in selling, general and administration expense on its consolidated statement of operations for the year ended June 30, 2014. The profit has been allocated to corporate/eliminations. The sales price will be paid in three 57 14 0.3 2.0 0.01 The purchaser is contingently obligated to pay the Company additional amounts based on future expansion of the MediKredit business in certain circumstances. The Company has no Disposal of assets related to NUETS business On June 30, 2014, the Company sold the NUETS business, which consisted primarily of customer contracts, other than contracts for UEPS systems in Botswana and Namibia, and equipment for approximately $ 2.2 0.2 1.9 0.06 Liquidation of Net1 UTA The Company had substantially liquidated its Net1 UTA business during the year ended June 30, 2014, due to an inability to implement and expand its technology into new markets on a profitable basis. Net1 UTA's operations were streamlined a number of years ago and the Company did not incur significant cash costs to liquidate Net1 UTA. However, the Company was required to release approximately $6.3 million from its foreign currency transaction reserve which has resulted in a loss on liquidation of Net1 UTA. This non-cash loss on liquidation of Net1 UTA has been recorded in selling, general and administration expense on its consolidated statement of operations for the year ended June 30, 2014. The loss has been allocated to corporate/eliminations.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2016
Income Taxes [Abstract]
Income Taxes	20. INCOME TAXES Income tax provision The table below presents the components of income before income taxes for the years ended June 30, 2016, 2015 and 2014: 2016 2015 2014 South Africa $ 119,097 $ 137,138 $ 121,338 United States (5,915 ) (7,286 ) (9,923 ) Other 13,055 10,566 (2,273 ) Income before income taxes $ 126,237 $ 140,418 $ 109,142 Presented below is the provision for income taxes by location of the taxing jurisdiction for the years ended June 30, 2016, 2015 and 2014: 2016 2015 2014 Current income tax $ 88,807 $ 48,795 $ 61,902 South Africa 31,815 39,901 41,326 United States 50,750 3,109 14,838 Other 6,242 5,785 5,738 Deferred taxation (benefit) charge (161 ) (2,292 ) (7,887 ) South Africa 3,044 398 (3,345 ) United States (274 ) 485 (107 ) Other (2,931 ) (3,175 ) (4,435 ) Capital gains tax - - 202 Foreign tax credits generated – United States (46,566 ) (2,367 ) (14,838 ) Income tax provision $ 42,080 $ 44,136 $ 39,379 There were no significant capital gains taxes paid during the years ended June 30, 2016, 2015 and 2014. There were no The movement in the valuation allowance for the year ended June 30, 2016, relates primarily to an increase in the valuation allowance resulting from the generation of unused foreign tax credits during the year. The movement in the valuation allowance for the year ended June 30, 2015, relates primarily to the release of the valuation allowance resulting from the utilization of foreign tax credits during the year. The movement in the valuation allowance for the year ended June 30, 2014, relates to releases of the valuation allowance resulting from the utilization of foreign tax credits during the year and deconsolidation of net operating loss carryforwards for MediKredit. Net1 included actual and deemed dividends received from one of its South African subsidiaries in its years ended June 30, 2016, 2015 and 2014, taxation computation. Net1 applied net operating losses against this income. Net1 generated foreign tax credits as a result of the inclusion of the dividends in its taxable income. Net1 has applied certain of these foreign tax credits against its current income tax provision for the year ended June 30, 2016, 2015 and 2014. A reconciliation of income taxes, calculated at the fully-distributed South African income tax rate to the Company's effective tax rate, for the years ended June 30, 2016, 2015 and 2014 is as follows: 2016 2015 2014 Income tax rate reconciliation: Income taxes at fully-distributed South African tax rates 28.00 % 28.00 % 28.00 % Non-deductible items 0.38 % 2.36 % 4.71 % Foreign tax rate differential 7.42 % 0.06 % 1.89 % Foreign tax credits (36.88 %) (1.68 %) (13.59 %) Taxation on deemed dividends in the United States 34.60 % 3.46 % 13.46 % Capital gains tax paid 0.00 % 0.00 % 0.19 % Movement in valuation allowance (0.09 %) (0.08 %) 1.23 % Prior year adjustments (0.09 %) (0.69 %) 0.19 % Income tax provision 33.34 % 31.43 % 36.08 % Net1 received substantial dividends from one of its South African subsidiaries during the year ended June 30, 2016, which resulted in an increase in the amount of foreign tax credits generated and an increase in taxation on dividends received. A portion of these foreign tax credits generated were not used during the year and a valuation allowance has been created for unused foreign tax credits. The non-deductible items during the year ended June 30, 2015, include primarily legal and consulting fees incurred that are not deductible for tax purposes. The non-deductible items during the year ended June 30, 2014, relates principally to expenses that are not deductible for tax purposes, including the charge related to the equity awards issued pursuant to the Company's BEE transactions, stock-based compensation charges, costs incurred to support foreign related entities and interest expense. The foreign tax rate differential represents the difference between statutory tax rates in South Africa and foreign jurisdictions, primarily the United States. Deferred tax assets and liabilities Deferred income taxes reflect the temporary differences between the financial reporting and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The primary components of the temporary differences that gave rise to the Company's deferred tax assets and liabilities as of June 30, and their classification, were as follows: 2016 2015 Total deferred tax assets Net operating loss carryforwards $ 1,982 $ 1,216 Provisions and accruals 4,245 5,653 FTS patent 496 691 Intangible assets 733 616 Foreign tax credits 36,750 20,212 Other 7,448 7,330 Total deferred tax assets before valuation allowance 51,654 35,718 Valuation allowances (38,834 ) (22,550 ) Total deferred tax assets, net of valuation allowance 12,820 13,168 Total deferred tax liabilities: Intangible assets 11,799 11,510 Other 6,624 4,924 Total deferred tax liabilities 18,423 16,434 Reported as Current deferred tax assets 6,956 7,298 Long term deferred tax liabilities 12,559 10,564 Net deferred income tax liabilities $ 5,603 $ 3,266 Increase in total deferred tax liabilities Intangible assets Deferred tax liabilities – intangible assets have moderately increased during the year ended June 30, 2016, primarily as a result of the purchase of intangible assets identified in the Transact24 and Masterpayment acquisitions, partially offset by the amortization of the KSNET intangible assets during the year. Foreign tax credits and valuation allowances The increase in foreign tax credits as of June 30, 2016, resulted from the generation of foreign tax credits associated with the dividends received by Net1 during the year ended June 30, 2016. A portion of these foreign tax credits generated were not fully utilized during the year ended June 30, 2016. Accordingly, a valuation allowance has been created for all of these unused foreign tax credits. Increase in valuation allowance At June 30, 2016, the Company had deferred tax assets of $12.8 million (2015: $13.2 million), net of the valuation allowance. Management believes, based on the weight of available positive and negative evidence it is more likely than not that the Company will realize the benefits of these deductible differences, net of the valuation allowance. However, the amount of the deferred tax asset considered realizable could be adjusted in the future if estimates of taxable income are revised. At June 30, 2016, the Company had a valuation allowance of $38.9 million (2015: $22.6 million) to reduce its deferred tax assets to estimated realizable value. The movement in the valuation allowance for the years ended June 30, 2016 and 2015, is presented below: Net Foreign Tax operating tax deductible loss carry- FTS Total credits goodwill forwards patent Other July 1, 2014 $ 25,153 $ 23,337 $- $ 1,244 $ 369 $ 203 Reversed to statement of operations (3,126 ) (3,126 ) - - - - Charged to statement of operations 794 - - - - 794 Utilized (128 ) - - (128 ) - - Foreign currency adjustment (143 ) - - (28 ) (115 ) - June 30, 2015 22,550 20,211 - 1,088 254 997 Charged to statement of operations 16,537 16,537 - - - - Utilized (128 ) - - (128 ) - - Foreign currency adjustment (125 ) - - (29 ) (96 ) - June 30, 2016 $ 38,834 $ 36,748 $- $ 931 $ 158 $ 997 Net operating loss carryforwards and foreign tax credits United States As of June 30, 2016, Net1 had net operating loss carryforwards that will expire, if unused, as follows: Year of expiration U.S. net operating loss carry forwards 2025 $ 2,608 During the year ended June 30, 2016 and 2015, Net1 generated additional foreign tax credits related to the cash dividends received. Net1 had no Uncertain tax positions As of June 30, 2016 and 2015, the Company has unrecognized tax benefits of $ 1.9 2.3 The following is a reconciliation of the total amounts of unrecognized tax benefits for the year ended June 30, 2016, 2015 and 2014: 2016 2015 2014 Unrecognized tax benefits - opening balance $ 2,322 $ 1,160 $ 1,150 Gross decreases - tax positions in prior periods (609 ) - - Gross increases - tax positions in current period 641 1,311 38 Lapse of statute limitations - - - Foreign currency adjustment (424 ) (149 ) (28 ) Unrecognized tax benefits - closing balance $ 1,930 $ 2,322 $ 1,160 As of June 30, 2016 and 2015, the Company had accrued interest related to uncertain tax positions of approximately $ 0.1 0.3

Earnings Per Share

Earnings Per Share	12 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	21. EARNINGS PER SHARE The Company has issued redeemable common stock (refer to Note 14) which is redeemable at an amount other than fair value. Redemption of a class of common stock at other than fair value increases or decreases the carrying amount of the redeemable common stock and is reflected in basic earnings per share using the two-class method. There were no redemptions of common stock, or adjustments to the carrying value of the redeemable common stock during the years ended June 30, 2016, 2015 or 2014. Accordingly the two-class method presented below does not include the impact of any redemption. 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 years ended June 30, 2016, 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 has been calculated to give effect to the number of shares of additional common stock that would have been outstanding if the potential dilutive instruments had been issued in each period. Stock options are included in the calculation of diluted earnings per share utilizing the treasury stock method and are not considered to be participating securities as the stock options do not contain non-forfeitable dividend rights. The calculation of diluted earnings per share includes the dilutive effect of a portion of the restricted stock granted to employees in October 2010, November 2010, February 2012, August 2014 and November 2014 as these shares of restricted stock are considered contingently returnable shares for the purposes of the diluted earnings per share calculation and the vesting conditions in respect of a portion of the restricted stock had been satisfied. The vesting conditions are discussed in Note 18. 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 for the years ended June 30, 2016, 2015 and 2014: 2016 2015 2014 (in thousands except percent and per share data) Numerator: Net income attributable to Net1 $ 82,454 $ 94,735 $ 70,111 Undistributed earnings 82,454 94,735 70,111 Percent allocated to common shareholders (Calculation 1) 99 % 99 % 99 % Numerator for earnings per share: basic and diluted $ 81,370 $ 93,750 $ 69,376 Denominator: Denominator for basic earnings per share: weighted-average common shares outstanding 47,234 46,247 45,997 Effect of dilutive securities: Stock options 242 152 119 Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion 47,476 46,399 46,116 Earnings per share: Basic $ 1.72 $ 2.03 $ 1.51 Diluted $ 1.71 $ 2.02 $ 1.50 (Calculation 1) Basic weighted-average common shares outstanding (A) 47,234 46,247 45,997 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 47,863 46,733 46,484 Percent allocated to common shareholders (A) / (B) 99 % 99 % 99 % Options to purchase 1,597,751 11.23 24.46

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Jun. 30, 2016
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	22. SUPPLEMENTAL CASH FLOW INFORMATION Supplemental cash flow information The following table presents the supplemental cash flow disclosures for the years ended June 30, 2016, 2015 and 2014: 2016 2015 2014 Cash received from interest $ 15,262 $ 16,399 $ 14,703 Cash paid for interest $ 3,439 $ 4,360 $ 6,969 Cash paid for income taxes $ 42,123 $ 45,459 $ 42,417 Financing activities Treasury shares, at cost included in the Company's consolidated balance sheet as of June 30, 2016, includes 47,056 0.5 As discussed in Note 3, on January 20, 2016, the Company issued 391,645 4.0 56 As discussed in Note 18, during the year ended June 30, 2015, employees exercised stock options through the delivery 336,584 13.93 The cash flows associated with the December 2013 BEE transactions and buy back of shares from the BEE partners as described in Note 14 were all denominated in South African rand and net settled and there were no actual cash flow transactions between the parties. The Company would have recorded the following movements in its investing and financing activities in its consolidated statement of cash flows for the year ended June 30, 2014, if cash had actually flowed between the parties as follows: 2014 Cash (used in ) provided by investing activities: Loans provided to BEE partners $ (25,054 ) Loans repaid by BEE partners $ 24,574 Cash provided by (used in) financing activities: Issue of shares of the Company's common stock to BEE partners $ 25,054 Purchase of shares from BEE partners $ (24,858 ) In addition, the equity instrument charges discussed in Note 17 and expensed during the year ended June 30, 2014 are book entries and were not paid in cash.

Operating Segments

Operating Segments	12 Months Ended
	Jun. 30, 2016
Operating Segments [Abstract]
Operating Segments	23. OPERATING SEGMENTS 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. The Company currently has three The South African transaction processing segment currently consists mainly of a welfare benefit distribution service provided to the South African government and transaction processing for retailers, utilities, medical-related claim service customers and banks. Fee income is earned based on the number of recipient cardholders paid. Utility providers and banks are charged a fee for transaction processing services performed on their behalf at retailers. This segment has individually significant customers that each provides more than 10 one 21 one 24 one 27 The International transaction processing segment consists mainly of activities in South Korea from which the Company generates revenue from the provision of payment processing services to merchants and card issuers through its VAN. This segment generates fee revenue from the provision of payment processing services and to a lesser extent from the sale of goods, primarily point of sale terminals, to customers in South Korea. Fees generated from payment services processing and other processing activities by Transact24 and Masterpayment are included in this segment. Finally, the segment includes start up costs related to ZAZOO in the United Kingdom and India and generates transaction fee revenue from transaction processing of UEPS-enabled smartcards in Botswana. The Financial inclusion and applied technologies segment derives revenue from the provision of short-term loans as a principal and the provision of smart card accounts, as a fixed monthly fee per card is charged for the maintenance of these accounts. This segment also includes fee income and associated expenses from merchants and card holders using the Company's merchant acquiring system, the sale of prepaid products (electricity and airtime) as well as the sale of hardware and software. Finally, the Company earns premium income from the sale of life insurance products and investment income through its insurance business. Corporate/eliminations includes the Company's head office cost center and the amortization of acquisition-related intangible assets. The $ 1.9 2.2 The reconciliation of the reportable segments revenue to revenue from external customers for the years ended June 30, 2016, 2015 and 2014, respectively, is as follows: Revenue From Reportable Inter external Segment segment customers South African transaction processing $ 212,574 $ 17,615 $ 194,959 International transaction processing 169,807 - 169,807 Financial inclusion and applied technologies 249,403 23,420 225,983 Total for the year ended June 30, 2016 631,784 41,035 590,749 South African transaction processing $ 236,452 $ 20,521 $ 215,931 International transaction processing 164,554 - 164,554 Financial inclusion and applied technologies 272,600 27,106 245,494 Total for the year ended June 30, 2015 673,606 47,627 625,979 South African transaction processing 261,577 11,543 250,034 International transaction processing 152,725 - 152,725 Financial inclusion and applied technologies 207,595 28,698 178,897 Total for the year ended June 30, 2014 621,897 40,241 581,656 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 years ended June 30, 2016, 2015 and 2014, respectively, is as follows: For the years ended June 30, 2016 2015 2014 Reportable segments measure of profit or loss $ 129,774 $ 150,538 $ 144,038 Operating income: Corporate/Eliminations (15,406 ) (22,019 ) (42,240 ) Interest income 15,292 16,355 14,817 Interest expense (3,423 ) (4,456 ) (7,473 ) Income before income taxes $ 126,237 $ 140,418 $ 109,142 The following tables summarize segment information which is prepared in accordance with GAAP for the years ended June 30, 2016, 2015 and 2014: For the years ended June 30, 2016 2015 2014 Revenues South African transaction processing $ 212,574 $ 236,452 $ 261,577 International transaction processing 169,807 164,554 152,725 Financial inclusion and applied technologies 249,403 272,600 207,595 Total 631,784 673,606 621,897 Operating income (loss) South African transaction processing 51,386 51,008 61,401 International transaction processing 23,389 26,805 21,952 Financial inclusion and applied technologies 54,999 72,725 60,685 Subtotal: Operating segments 129,774 150,538 144,038 Corporate/Eliminations (15,406 ) (22,019 ) (42,240 ) Total 114,368 128,519 101,798 Depreciation and amortization South African transaction processing 6,157 7,093 7,036 International transaction processing 21,852 17,846 15,823 Financial inclusion and applied technologies 1,158 808 874 Subtotal: Operating segments 29,167 25,747 23,733 Corporate/Eliminations 11,227 14,938 16,553 Total 40,394 40,685 40,286 Expenditures for long-lived assets South African transaction processing 5,101 7,008 3,425 International transaction processing 28,029 28,205 19,393 Financial inclusion and applied technologies 2,667 1,223 1,088 Subtotal: Operating segments 35,797 36,436 23,906 Corporate/Eliminations - - - Total $ 35,797 $ 36,436 $ 23,906 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. Geographic Information Revenues based on the geographic location from which the sale originated for the years ended June 30, are presented in the table below: 2016 2015 2014 South Africa $ 422,022 $ 461,425 $ 428,931 South Korea 158,609 160,853 146,667 Rest of world 10,118 3,701 6,058 Total $ 590,749 $ 625,979 $ 581,656 Long-lived assets based on the geographic location for the years ended June 30, are presented in the table below: Long-lived assets 2016 2015 (1) 2014 (1) South Africa $ 69,213 $ 72,467 $ 105,627 South Korea 221,459 230,109 253,147 Rest of world 49,105 20,058 6,593 Total $ 339,777 $ 322,634 $ 365,367 (1) As described in Note 1, during the year ended June 30, 2016, the Company identified a balance sheet misclassification between current assets and long-term assets. Long-lived assets for fiscal 2015 and 2014, have been restated, and have increased by $27.4 million and $ 23.3

Commitments And Contingencies

Commitments And Contingencies	12 Months Ended
	Jun. 30, 2016
Commitments And Contingencies [Abstract]
Commitments And Contingencies	24. COMMITMENTS AND CONTINGENCIES Operating lease commitments The Company leases certain premises. At June 30, 2016, the future minimum payments under operating leases consist of: Due within 1 year $ 5,334 Due within 2 years $ 3,258 Due within 3 years $ 790 Due within 4 years $ 89 Due within 5 years $ - Operating lease payments related to the premises and equipment were $ 8.0 6.8 7.5 Capital commitments As of June 30, 2016 and 2015, the Company had outstanding capital commitments of approximately $ 0.1 3.4 Purchase obligations As of June 30, 2016 and 2015, the Company had purchase obligations totaling $ 3.1 5.0 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 127.4 8.6 127.4 8.6 0.4 2.0 The Company has not recognized any obligation related to these counter-guarantees in its consolidated balance sheet as of June 30, 2016. The maximum potential amount that the Company could pay under these guarantees is ZAR 127.4 8.6 Contingencies The Company is subject to a variety of insignificant claims and suits that arise from time to time in the ordinary course of business. Management currently believes that the resolution of these matters, individually or in the aggregate, will not have a material adverse impact on the Company's financial position, results of operations and cash flows.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	25. RELATED PARTY TRANSACTIONS As described in Note 3, the Company has acquired all of the outstanding and issued ordinary shares in Transact24 that it did not own in January 2016 and commenced consolidating Transact24 from that date. Transact24 had an existing relationship in place between itself and a company controlled by the spouse of Transact24's Managing Director at the time of the Transact24 acquisition. This arrangement therefore was also in place before the Managing Director became an executive officer of the Company. This relationship was disclosed to the Company during the due diligence process and has been considered by the Company's management to be critical to the ongoing operations of Transact24. The company controlled by the spouse of the managing director performs transaction processing and Transact24 provides technical and administration services to the company. The Company has recorded revenue of approximately $ 1.9 0.1 0.4

Unaudited Quarterly Results

Unaudited Quarterly Results	12 Months Ended
	Jun. 30, 2016
Unaudited Quarterly Results [Abstract]
Unaudited Quarterly Results	26. UNAUDITED QUARTERLY RESULTS The following tables contain selected unaudited consolidated statements of operations information for each quarter of fiscal 2016 and 2015: Three months ended Year ended Jun 30, Mar 31, Dec 31, Sep 30, June 30, 2016 2016 2015 2015 2016 (In thousands except per share data) Revenue $ 151,259 $ 134,736 $ 150,281 $ 154,473 $ 590,749 Operating income 32,183 26,191 24,779 31,215 114,368 Net income attributable to Net1 $ 24,356 $ 18,420 $ 16,658 $ 23,020 $ 82,454 Net income per share, in United States dollars Basic earnings attributable to Net1 shareholders $ 0.48 $ 0.40 $ 0.35 $ 0.49 $ 1.72 Diluted earnings attributable to Net1 shareholders $ 0.47 $ 0.39 $ 0.35 $ 0.48 $ 1.71 Three months ended Year ended Jun 30, Mar 31, Dec 31, Sep 30, June 30, 2015 2015 2014 2014 2015 (In thousands except per share data) Revenue $ 164,286 $ 151,121 $ 154,131 $ 156,441 $ 625,979 Operating income 32,613 31,966 30,815 33,125 128,519 Net income attributable to Net1 $ 23,914 $ 24,358 $ 22,374 $ 24,089 $ 94,735 Net income per share, in United States dollars Basic earnings attributable to Net1 shareholders $ 0.51 $ 0.52 $ 0.48 $ 0.51 $ 2.03 Diluted earnings attributable to Net1 shareholders $ 0.51 $ 0.52 $ 0.48 $ 0.51 $ 2.02

Significant Accounting Polici34

Significant Accounting Policies (Policy)	12 Months Ended
	Jun. 30, 2016
Significant Accounting Policies [Abstract]
Principles Of Consolidation	Principles of consolidation The financial statements of entities which are controlled by Net1, referred to as subsidiaries, are consolidated. Inter-company accounts and transactions are eliminated upon consolidation. The Company, if it is the primary beneficiary, consolidates entities which are considered to be variable interest entities ("VIE"). The primary beneficiary is considered to be the entity that will absorb a majority of the entity's expected losses, receive a majority of the entity's expected residual returns, or both. No
Business Combinations	Business combinations The Company accounts for its business acquisitions under the acquisition method of accounting. The total value of the consideration paid for acquisitions is allocated to the underlying net assets acquired, based on their respective estimated fair values. The Company uses a number of valuation methods to determine the fair value of assets and liabilities acquired, including discounted cash flows, external market values, valuations on recent transactions or a combination thereof, and believes that it uses the most appropriate measure or a combination of measures to value each asset or liability.
Use Of Estimates	Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Translation Of Foreign Currencies	Translation of foreign currencies The primary functional currency of the Company is the South African Rand ("ZAR") and its reporting currency is the U.S. dollar. The Company also has consolidated entities which have other currencies, primarily South Korean won ("KRW"), as their functional currency. Assets and liabilities are translated at the exchange rates in effect at the balance sheet date. Revenues and expenses are translated at average rates for the period. Translation gains and losses are reported in accumulated other comprehensive income in total equity. Foreign exchange transactions are translated at the spot rate ruling at the date of the transaction. Monetary items are translated at the closing spot rate at the balance sheet date. Transactional gains and losses are recognized in selling, general and administration expense on the Company's consolidated statement of operations for the period. Cumulative translation adjustment are released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided.
Allowance For Doubtful Accounts Receivable	Allowance for doubtful accounts receivable Allowance for doubtful finance loans receivable The Company regularly reviews the ageing of outstanding amounts due from borrowers and adjusts the allowance based on management's estimate of the recoverability of the finance loans receivable. The Company writes off finance loans receivable and related service fees if a borrower is in arrears with repayments for more than three months or dies. Allowance for doubtful accounts receivable A specific provision is established where it is considered likely that all or a portion of the amount due from customers renting point of sale ("POS") equipment, receiving support and maintenance or transaction services or purchasing licenses from the Company will not be recovered. Non-recoverability is assessed based on a review by management of the ageing of outstanding amounts, the location of the customer and the payment history in relation to those specific amounts.
Inventory	Inventory Inventory is valued at the lower of cost and market value. Cost is determined on a first-in, first-out basis and includes transport and handling costs.
Equity-Accounted Investments	Equity-accounted investments The Company uses the equity method to account for investments in companies when it has significant influence but not control over the operations of the equity-accounted company. Under the equity method, the Company initially records the investment at cost and then adjusts the carrying value of the investment to recognize the proportional share of the equity-accounted company's net income or loss. In addition, when an investment qualifies for the equity method (as a result of an increase in the level of ownership interest or degree of influence), the cost of acquiring the additional interest in the investee is added to the current basis of the Company's previously held interest and the equity method would be applied subsequently from the date on which the Company obtains the ability to exercise significant influence over the investee. Any unrealized holding gains or losses in accumulated other comprehensive income related to an available for sale security that becomes eligible for the equity method are recognized in earnings as of the date on which the investment qualifies for the equity method. The Company does not recognize cumulative losses in excess of its investment or loans in an equity-accounted investment except if it has an obligation to provide additional financial support. Dividends received from an equity-accounted investment reduce the carrying value of the Company's investment.
Leasehold Improvement Costs	Leasehold improvement costs Costs incurred in the adaptation of leased properties to serve the requirements of the Company are capitalized and amortized over the shorter of the estimated useful life of the asset and the remaining term of the lease.
Property, Plant And Equipment	Property , plant and equipment Property, plant and equipment are shown at cost less accumulated depreciation. Property, plant and equipment are depreciated on the straight-line basis at rates which are estimated to amortize the assets to their anticipated residual values over their useful lives. Within the following asset classifications, the expected economic lives are approximately: Computer equipment 3 to 8 years Office equipment 2 to 10 years Vehicles 3 to 8 years Furniture and fittings 3 to 10 years Buildings and structures 8 to 30 years Plant and equipment 5 to 10 years The gain or loss arising on the disposal or retirement of an asset is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized in income.
Goodwill	Goodwill Goodwill represents the excess of the purchase price of an acquired enterprise over the fair values of the identifiable assets acquired and liabilities assumed. The Company tests for impairment of goodwill on an annual basis and at any other time if events or circumstances change that would more likely than not reduce the fair value of the reporting unit goodwill below its carrying amount. Circumstances that could trigger an impairment test include but are not limited to: a significant adverse change in the business climate or legal factors; an adverse action or assessment by a regulator; unanticipated competition; loss of key personnel; the likelihood that a reporting unit or significant portion of a reporting unit will be sold or otherwise disposed; and results of testing for recoverability of a significant asset group within a reporting unit. If the carrying amount of the reporting unit goodwill exceeds the implied fair value of that goodwill, an impairment loss recorded in the statement of operations. Measurement of the fair value of a reporting unit is based on one or more of the following fair value measures: the amount at which the unit as a whole could be bought or sold in a current transaction between willing parties; present value techniques of estimated future cash flows; or valuation techniques based on multiples of earnings or revenue, or a similar performance measure.
Intangible Assets	Intangible assets Intangible assets are shown at cost less accumulated amortization. Intangible assets are amortized over the following useful Customer relationships 1 to 15 years Software and unpatented technology 3 to 5 years FTS patent 10 years Exclusive licenses 7 years Trademarks 3 to 20 years Customer databases 3 years Intangible assets are periodically evaluated for recoverability, and those evaluations take into account events or circumstances that warrant revised estimates of useful lives or that indicate that impairment exists.
Policy Reserves And Liabilities	Policy reserves and liabilities Reserves for future policy benefits and claims payable The Company determines its reserves for future policy benefits under its life insurance products using a model which estimates claims incurred that have not been reported at the balance sheet date. This model includes best estimate assumptions of experience plus prescribed margins, as required in the markets in which these products are offered, namely South Africa. The best estimate assumptions include those assumptions related to mortality, morbidity and claim reporting delays, and the main assumptions used to calculate the reserve for future policy benefits include (i) mortality and morbidity assumptions reflecting the company's most recent experience and (ii) claim reporting delays reflecting Company specific and industry experience. The values of matured guaranteed endowments were increased by late payment interest (net of the asset management fee and allowance for tax on investment income). Deposits on investment contracts For the Company's interest-sensitive life contracts, liabilities approximate the policyholder's account value. For deferred annuities, the fixed option on variable annuities, guaranteed investment contracts and other investment contracts, the liability is the policyholder's account value.
Reinsurance Contracts Held	Reinsurance contracts held The Company enters into reinsurance contracts with reinsurers under which the Company is compensated for the entire amount or a portion of losses arising on one The expected benefits to which the Company is entitled under its reinsurance contracts held are recognized as reinsurance assets. These assets consist of short-term balances due from reinsurers (classified within accounts receivable, net) as well as long-term receivables (classified within other long-term assets) that are dependent on the present value of expected claims and benefits arising net of expected premiums payable under the related reinsurance contracts. Amounts recoverable from or due to reinsurers are measured consistently with the amounts associated with the reinsured contracts and in accordance with the terms of each reinsurance contract. Reinsurance assets are assessed for impairment at each balance sheet date. If there is reliable objective evidence that amounts due may not be recoverable, the Company reduces the carrying amount of the reinsurance asset to its recoverable amount and recognizes that impairment loss in its condensed consolidated statement of operations. Reinsurance premiums are recognized when due for payment under each reinsurance contract.
Redeemable Common Stock	Redeemable common stock Common stock that is redeemable (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder, or (3) upon the occurrence of an event that is not solely within the control of Company is presented outside of total Net1 equity (i.e. permanent equity). Redeemable common stock is initially recognized at issuance date fair value and the Company does not adjust the issuance date fair value if redemption is not probable. The Company re-measures the redeemable common stock to the maximum redemption amount at the balance sheet date once redemption is probable. Reduction in the carrying amount of the redeemable common stock is only appropriate to the extent that the Company has previously recorded increases in the carrying amount of the redeemable equity instrument as the redeemable common stock may be not be carried at an amount that is less the initial amount reported outside of permanent equity. Redeemable common stock is reclassified as permanent equity when presentation outside permanent equity is no longer required (if, for example, a redemption feature lapses, or there is a modification of the terms of the instrument). The existing carrying amount of the redeemable common stock is reclassified to permanent equity at the date of the event that caused the reclassification and prior period consolidated financial statements are not adjusted.
Sales Tax	Sales taxes Revenue and expenses are presented net of sales, use and value added taxes, as the case may be.
Revenue Recognition	Revenue recognition The Company recognizes revenue when: there is persuasive evidence of an agreement or arrangement; delivery of products has occurred or services have been rendered; the seller's price to the buyer is fixed or determinable; and collectability is reasonably assured. The Company's principal revenue streams and their respective accounting treatments are discussed below: Fees Pension and welfare and South African participating merchants The Company provides a welfare benefit distribution service to the South African Social Security Agency ("SASSA"). Fee income received for these services is recognized in the statement of operations when distributions have been made to the recipient cardholders. Recipient cardholders are able to load their welfare grants at merchants enrolled in the Company's participating merchant system in certain provinces. There is no charge to the recipient cardholder to load the grant onto a smart card at the merchant location, however, a fee is charged to the merchant for purchases made at the merchant using the smart card. A fee is also charged to the merchant when the recipient cardholder makes a cash withdrawal. Fee income received for these services is recognized in the statement of operations when the transaction occurs. Fees related to management of card issuance programs and utilization of ATMs The Company manages card issuance programs and owns ATMs in South Africa from which it generates fee revenue. Fee revenue generated from card issuance programs includes interchange and other miscellaneous fees, which are recorded when cardholder transact at either a POS or an ATM. Fee revenue generated from utilization of ATMs includes cash withdrawal, balance enquiry, insufficient funds and other miscellaneous ATM fees which are recorded when an ATM user performs a transaction at an ATM. Card VAN, banking VAN and payment gateway Card VAN services consist of services relating to authorization of credit card transactions including transmission of transaction details ("authorization service"), and collection of receipts associated with the credit card transactions ("collection service"). With its authorization service, the Company connects credit card companies with merchants online when a customer uses his/her credit card via terminals installed at merchants' sites and the Company's central processing server for approval of credit card transactions. Immediately after approval of credit card transactions, the Company transmits details of the transactions to credit card companies online for processing payments. Collection service captures the transaction data and gathers receipts as documented evidence and provides them to credit card companies upon request. The Company earns service fees based on the number of transactions processed for credit card companies when services are rendered in accordance with the contracts entered into between credit card companies and the Company. The Company bills for its service charges to credit card companies each month. Each service could be provided either individually or collectively, based on terms of contracts. The Company charges commission fees to credit card companies for the authorization service provided based on the number of approvals transferred. The right to receive a service fee is due once a credit card transaction has been approved and details of the transaction are transmitted by the Company. Therefore, revenues from the authorization service are recognized when the credit card transactions are authorized and details of the transactions are transmitted. The Company earns a collection service fee once it has provided settled funds to the credit card companies. Therefore, revenue from the collection service is recognized when the Company collects the receipts and provides them to the card companies. For multiple-element arrangements, the Company has identified two VSOE generally exists only when the Company sells the deliverable separately and is the price actually charged by the Company for that deliverable. ESPs reflect the Company's best estimates of what the selling prices of elements would be if they were sold regularly on a stand-alone basis. Because the Company has neither VSOE nor TPE for the two deliverables, the allocation of revenue has been based on the Company's ESPs. Amounts allocated to the authorization and the collection service are recognized at the time of service, provided the other conditions for revenue recognition have been met. The Company's process for determining its ESP for deliverables without VSOE or TPE considers multiple factors that may vary depending upon the unique facts and circumstances related to each deliverable. Key factors considered by the Company in developing the ESPs include prices charged by the Company, historical pricing practices and controls, range of prices for various customers and the nature of the services. Consideration is also given to market conditions such as competitor pricing strategies and market perception. Banking VAN is a division supporting a company's fund management business (large payment transfers, collections, etc.) by relaying financial transactions between client companies and financial institutions. Financial transactions between two or more business enterprises, or between business enterprises and their customers, are conducted through the transaction-processing network established between the Company and the banks. Revenue from the banking VAN service is recognized when the service is rendered by the Company. With its PG service, the Company provides the Internet-based settlement service between an on-line shopping mall and a credit card company when a customer uses his/her credit card, debit card or on-line payment to pay for goods or services. The Company receives fees for carrying out settlements for electronic transactions. Revenue from the PG service is recognized when the service is rendered by the Company. Microlending service fee The Company provides short-term loans to customers in South Africa and charges and recognizes monthly service fee revenue under the contractual terms of the loan. The monthly service fee amount is fixed upon initiation and does not change over the term of the loan. Other fees and commissions The Company provides an automated payment collection service to third parties, for which it charges monthly fees. These fees are recognized in the statement of operations as the underlying services are performed. The Company provides medical-related claims adjudication, reconciliation and settlement services ("medical-related claim service") to customers, for which it charges fees. These fees are recognized in the statement of operations as the underlying services are performed. The Company sells prepaid electricity and recognizes a commission in its statement of operations once the prepaid electricity token has been delivered to the customer. Contract variations fees The Company records additional revenue from variations to contracts for the provision of welfare benefits, if: there is persuasive evidence of an agreement; collectability is reasonably assured; and all material terms and conditions of the agreement have been adhered to. Hardware and prepaid airtime voucher sales Revenue from hardware and airtime voucher sales is recognized when risk of loss has transferred to the customer and there are no unfulfilled Company obligations that affect the customer's final acceptance of the arrangement. Any cost of warranties and remaining obligations that are inconsequential or perfunctory are accrued when the corresponding revenue is recognized. The Company buys terminals from manufacturers, and subsequently sells them through its agencies. Revenue is recognized when significant risks and rewards of ownership of terminals have passed to the buyer, usually on delivery of the terminals to the buyer. To the extent that sales of hardware are made in an arrangement that includes software that is more than incidental, the Company considers post-contract maintenance and technical support or other future obligations which could impact the timing and amount of revenue recognized. Software Revenue from licensed software is recognized on a subscription basis over the period that the client is entitled to use the license. Revenue from the sale of software is recognized if all revenue recognition criteria have been met. Post-contract maintenance and technical support in respect of software is generally negotiated and sold as a separate service and is recognized over the period such items are delivered. Systems implementation projects The Company undertakes smart card system implementation projects. The hardware and software installed in these projects are in the form of customized systems, which ordinarily involve modification to meet the customer's specifications. Software delivered under such arrangements is available to the customer permanently, subject to the payment of annual license fees. Revenue for such arrangements is recognized under the percentage of completion method, save for annual license fees, which are recognized in the period to which they relate. Up-front and interim payments received are recorded as client deposits until customer acceptance. The Company's customer arrangements may have multiple deliverables. Generally, the Company's multiple element arrangements fall within the scope of specific accounting standards that provide guidance regarding the separation of elements in multiple-deliverable arrangements and the allocation of consideration among those elements. If not, the Company unbundles multiple element arrangements into separate units of accounting when the delivered element(s) has stand-alone value and fair value of the undelivered element(s) exists. Terminal rental income The Company leases terminals to merchants participating in its merchant acquiring system. Operating rental income is recognized monthly on a straight-line basis in accordance with the lease agreement. Other income Revenue from service and maintenance activities is charged to customers on a time-and-materials basis and is recognized in the statement of operations as services are delivered to customers.
Research And Development Expenditure	Research and development expenditure Research and development expenditure is charged to net income in the period in which it is incurred. During the years ended June 30, 2016, 2015 and 2014, the Company incurred research and development expenditures of $ 2.3 2.4 2.2
Computer Software Development	Computer software development Product development costs in respect of software intended for sale to licensees are expensed as incurred until technological feasibility is attained. Technological feasibility is attained when the Company's software has completed system testing and has been determined to be viable for its intended use. The time between the attainment of technological feasibility and completion of software development is generally short with immaterial amounts of development costs incurred during this period. Costs in respect of the development of software for the Company's internal use are expensed as incurred, except to the extent that these costs are incurred during the application development stage. All other costs including those incurred in the project development and post-implementation stages are expensed as incurred.
Income Taxes	Income taxes The Company provides for income taxes using the asset and liability method. This approach recognizes the amount of taxes payable or refundable for the current year, as well as deferred tax assets and liabilities for the future tax consequence of events recognized in the financial statements and tax returns. Deferred income taxes are adjusted to reflect the effects of changes in tax laws or enacted tax rates. The Company measured its South African income taxes and deferred income taxes for the years ended June 30, 2016, 2015 and 2014, using the enacted statutory tax rate in South Africa of 28 As of June 30, 2016, the Company intends to permanently reinvest its non-U.S. undistributed earnings of $ 414.2 In establishing the appropriate deferred tax asset valuation allowances, the Company assesses the realizability of its deferred tax assets, and based on all available evidence, both positive and negative, determines whether it is more likely than not that the deferred tax assets or a portion thereof will be realized. Reserves for uncertain tax positions are recognized in the financial statements for positions which are not considered more likely than not of being sustained based on the technical merits of the position on audit by the tax authorities. For positions that meet the more likely than not standard, the measurement of the tax benefit recognized in the financial statements is based upon the largest amount of tax benefit that, in management's judgement, is greater than 50 The Company's policy is to include interest related to unrecognized tax benefits in interest expense and penalties in selling, general and administration in the consolidated statements of operations.
Stock-Based Compensation	Stock-based compensation Stock-based compensation represents the cost related to stock-based awards granted. The Company measures equity-based stock-based compensation cost at the grant date, based on the estimated fair value of the award, and recognizes the cost as an expense on a straight-line basis (net of estimated forfeitures) over the requisite service period. In respect of awards with only service conditions that have a graded vesting schedule, the Company recognizes compensation cost on a straight-line basis over the requisite service period for the entire award. The forfeiture rate is estimated using historical trends of the number of awards forfeited prior to vesting. The expense is recorded in the statement of operations and classified based on the recipients' respective functions. The Company records deferred tax assets for awards that result in deductions on the Company's income tax returns, based on the amount of compensation cost recognized and the Company's statutory tax rate in the jurisdiction in which it will receive a deduction. Differences between the deferred tax assets recognized for financial reporting purposes and the actual tax deduction reported on the Company's income tax return are recorded in additional paid-in capital (if the tax deduction exceeds the deferred tax asset) or in the statement of operations (if the deferred tax asset exceeds the tax deduction and no additional paid-in capital exists from previous awards).
Equity Instruments Issued To Third Parties	Equity instruments issued to third parties Equity instruments issued to third parties represents the cost related to equity instruments granted. The Company measures this cost at the grant date, based on the estimated fair value of the award, and recognizes the cost as an expense on a straight-line basis (net of estimated forfeitures) over the requisite service period. The forfeiture rate is estimated based on the Company's expectation of the number of awards that will be forfeited prior to vesting. The Company records deferred tax assets for equity instrument awards that result in deductions on the Company's income tax returns, based on the amount of equity instrument cost recognized and the Company's statutory tax rate in the jurisdiction in which it will receive a deduction. Differences between the deferred tax assets recognized for financial reporting purposes and the actual tax deduction reported on the Company's income tax return are recorded in the statement of operations.
Settlement Assets And Settlement Obligations	Settlement assets and settlement obligations Settlement assets comprise (1) cash received from the South African government that the Company holds pending disbursement to recipient cardholders 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 cardholders 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. During fiscal 2016, and in prior financial years, certain bank accounts, cash in transit and funds in preparation for immediate access by grant beneficiaries, as well as the corresponding obligation to grant beneficiaries, were not included in settlement assets and obligations, primarily due to the reservation of ownership clause in the Company's agreement with SASSA and the assumption of total risk over the cash by the cash transfer service providers. In the course of the annual consideration of the Company's accounting practices and in the context of the increased and more diversified payment delivery channels arising from the Company's ATM and point of sale roll out, the Company has decided that its presentation would be enhanced by including these gross amounts in settlement assets and obligations. The Company has accordingly restated its balance sheet as of June 30, 2015 30.5 21.3 June 30, 2015 12.4 June 30, 2014 .
Recent Accounting Pronouncements Adopted	Recent accounting pronouncements adopted In March 2016, the FASB issued guidance regarding Investments — Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting . The guidance simplifies the equity method of accounting by eliminating the requirement to retrospectively apply the equity method to an investment that subsequently qualifies for such accounting as a result of an increase in the level of ownership interest or degree of influence. Consequently, when an investment qualifies for the equity method (as a result of an increase in the level of ownership interest or degree of influence), the cost of acquiring the additional interest in the investee would be added to the current basis of the investor's previously held interest and the equity method would be applied subsequently from the date on which the investor obtains the ability to exercise significant influence over the investee. The guidance further requires that unrealized holding gains or losses in accumulated other comprehensive income related to an available for sale security that becomes eligible for the equity method be recognized in earnings as of the date on which the investment qualifies for the equity method. Early adoption is permitted. The guidance is effective for the Company beginning July 1, 2017, however the Company has early adopted the guidance, effective April 1, 2016. The adoption of this guidance did not have a material impact on the Company's financial statements.
Recent Accounting Pronouncements Not Yet Adopted	Recent accounting pronouncements not yet adopted as of June 30, 2016 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 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 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 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. In February 2016, the FASB issued guidance regarding Leases . The guidance increases transparency and comparability among organizations by requiring the recognition of lease assets and lease liabilities on the balance sheet. The amendments to current lease guidance includes the recognition of assets and liabilities by lessees for those leases currently classified as operating leases. The guidance also requires disclosures to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. This guidance is effective for the Company beginning July 1, 2019. Early adoption is 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 March 2016, the FASB issued guidance regarding Improvements to Employee Share-Based Payment Accounting . The guidance simplifies several aspects of the accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. This 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 June 2016, the FASB issued guidance regarding Measurement of Credit Losses on Financial Instruments. The guidance replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For trade and other receivables, loans, and other financial instruments, a entity is required to use a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses which reflects losses that are probable. Credit losses relating to available-for-sale debt securities will also be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. This guidance is effective for the Company beginning July 1, 2020. Early adoption is permitted beginning July 1, 2019. The Company is currently assessing the impact of this guidance on its financial statements disclosure.

Significant Accounting Polici35

Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2016
Significant Accounting Policies [Abstract]
Schedule Of Property Plant And Equipment Expected Economic Lives	Computer equipment 3 to 8 years Office equipment 2 to 10 years Vehicles 3 to 8 years Furniture and fittings 3 to 10 years Buildings and structures 8 to 30 years Plant and equipment 5 to 10 years
Schedule Of Intangible Assets Useful Lives	Customer relationships 1 to 15 years Software and unpatented technology 3 to 5 years FTS patent 10 years Exclusive licenses 7 years Trademarks 3 to 20 years Customer databases 3 years

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Jun. 30, 2016
Acquisitions [Abstract]
Schedule Of Cash Paid Net Of Cash Received Related To Company Acquisitions	2016 2015 2014 Transact24 Limited ("Transact24") $ 1,666 $ - $ - Masterpayment AG ("Masterpayment") 14,101 - - Total cash paid, net of cash received $ 15,767 $ - $ -
Schedule Of Final Purchase Price Allocation Translated At Applicable Foreign Exchange Rate	Transact24 Masterpayment Total Cash and cash equivalents $ 1,334 $ 665 $ 1,999 Accounts receivable 2,019 765 2,784 Property, plant and equipment, net 154 18 172 Deferred tax assets 1,070 - 1,070 Intangible assets (Note 9) 4,974 9,428 14,402 Goodwill (Note 9) 6,024 17,084 23,108 Accounts payables and other payables (1,898 ) (1,114 ) (3,012 ) Deferred tax liabilities (1,243 ) (2,236 ) (3,479 ) Fair value of assets and liabilities on acquisition 12,434 24,610 37,044 Less: fair value of equity-accounted investment, comprising: (5,471 ) - (5,471 ) Less: gain on re-measurement of previously held interest (1,908 ) - (1,908 ) Less: carrying value at the acquisition date (3,563 ) - (3,563 ) Less: fair value attributable to controlling interests on acquisition date . - (9,844 ) (9,844 ) Total purchase price $ 6,963 14,766 $ 21,729 Add: carrying value of non-controlling interests acquired 9,867 Add: adjustment to Net1 equity (Note 14) 1,322 Cash paid for non-controlling interest (Note 14) 11,189 Total consideration paid for Masterpayment $ 25,955

Accounts Receivable, Net And 37

Accounts Receivable, Net And Finance Loans Receivable, Net (Tables)	12 Months Ended
	Jun. 30, 2016
Accounts Receivable, Net And Finance Loans Receivable, Net [Abstract]
Schedule Of Accounts Receivable	2016 2015 (1) Accounts receivable, trade, net $ 57,563 $ 67,399 Accounts receivable, trade, gross 59,232 69,355 Allowance for doubtful accounts receivable, end of year 1,669 1,956 Beginning of year 1,956 1,313 Reversed to statement of operations (68 ) (61 ) Charged to statement of operations 388 1,580 Utilized (361 ) (654 ) Foreign currency adjustment (246 ) (222 ) Current portion of payments to agents in South Korea amortized over the contract period 26,651 25,998 Payments to agents in South Korea amortized over the contract period 52,469 53,431 Less: Payments to agents in South Korea amortized over the contract period included in other long-term assets (Note 1) 25,897 27,433 Other receivables 23,591 27,938 Total accounts receivable, net $ 107,805 $ 121,335 (1) – Receivables from the sale of prepaid products of $18,448 as of June 30, 2015, have been reclassified from Other receivables to Accounts receivable, trade, gross.
Schedule Of Finance Loans Receivable	2016 2015 Finance loans receivable, gross $ 41,503 $ 44,600 Allowance for doubtful finance loans receivable, end of year 4,494 4,227 Beginning of year 4,227 3,083 Charged to statement of operations 2,113 3,392 Utilized (1,105 ) (1,705 ) Foreign currency adjustment (741 ) (543 ) Total finance loans receivable, net $ 37,009 $ 40,373

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Jun. 30, 2016
Inventory [Abstract]
Schedule Of Inventory	2016 2015 Finished goods $ 10,004 $ 12,979 $ 10,004 $ 12,979

Fair Value Of Financial Instr39

Fair Value Of Financial Instruments (Tables)	12 Months Ended
	Jun. 30, 2016
Fair Value Of Financial Instruments [Abstract]
Outstanding Foreign Exchange Contracts	As of June 30, 2016 Fair market Notional amount Strike price value price Maturity EUR 573,765.00 ZAR 15.9587 ZAR 16.3393 July 20, 2016 EUR 554,494.50 ZAR 16.0643 ZAR 16.4564 August 19, 2016 EUR 465,711.00 ZAR 16.1798 ZAR 16.582 September 20, 2016 EUR 393,675.00 ZAR 16.2911 ZAR 16.7017 October 20, 2016 EUR 302,368.50 ZAR 16.4085 ZAR 16.8301 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 June 30, 2016, 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 $ 533 $ - $ - $ 533 Foreign exchange contracts - 62 - 62 Other - 37 - 37 Total assets at fair value $ 533 $ 99 $ - $ 632 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

Property, Plant And Equipment40

Property, Plant And Equipment, Net (Tables)	12 Months Ended
	Jun. 30, 2016
Property, Plant And Equipment, Net [Abstract]
Schedule Of Property Plant And Equipment Net	2016 2015 Cost: Land $ 851 $ 869 Building and structures 467 477 Computer equipment 130,998 121,033 Furniture and office equipment 7,262 6,295 Motor vehicles 15,368 17,660 Plant and equipment - - 154,946 146,334 Accumulated depreciation: Land - - Building and structures 151 134 Computer equipment 81,423 75,681 Furniture and office equipment 5,048 4,901 Motor vehicles 13,347 13,298 Plant and equipment - - 99,969 94,014 Carrying amount: Land 851 869 Building and structures 316 343 Computer equipment 49,575 45,352 Furniture and office equipment 2,214 1,394 Motor vehicles 2,021 4,362 Plant and equipment - - $ 54,977 $ 52,320

Goodwill And Intangible Asset41

Goodwill And Intangible Assets, Net (Tables)	12 Months Ended
	Jun. 30, 2016
Goodwill And Intangible Assets, Net [Abstract]
Carrying Value Of Goodwill	Gross Accumulated Carrying value impairment value Balance as of July 1, 2013 218,558 (42,752 ) 175,806 Loss on liquidation of Net1 Universal Electronic Technologies (Austria) GmbH and associated entities ("Net1 UTA") (Note 19 ) (44,445 ) 44,445 - Foreign currency adjustment (1) 12,463 (1,693 ) 10,770 Balance as of June 30, 2014 186,576 - 186,576 Foreign currency adjustment (1) (20,139 ) - (20,139 ) Balance as of June 30, 2015 166,437 - 166,437 Acquisition of Transact24 (Note 3) 6,024 - 6,024 Acquisition of Masterpayment (Note 3) 17,084 - 17,084 Foreign currency adjustment (1) (10,067 ) - (10,067 ) Balance as of June 30, 2016 $ 179,478 $ - $ 179,478 (1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand, Euro 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, 2014 $ 28,517 $ 128,427 $ 29,632 $ 186,576 Foreign currency adjustment (1) (3,938 ) (12,908 ) (3,293 ) (20,139 ) Balance as of June 30, 2015 24,579 115,519 26,339 166,437 Acquisition of Transact24 (Note 3) - 6,024 - 6,024 Acquisition of Masterpayment (Note 3) - 17,084 - 17,084 Foreign currency adjustment (1) (4,154 ) (2,442 ) (3,471 ) (10,067 ) Balance as of June 30, 2016 $ 20,425 $ 136,185 $ 22,868 $ 179,478 (1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand, Euro and the Korean won, and the U.S. dollar on the carrying value.
Fair Value Of Intangible Assets Acquired	Weighted- Fair value Average as of Amortization acquisition period (in date years) Finite-lived intangible asset: Transact24 customer relationships $ 3,749 5 Masterpayment customer relationships 6,595 5 Transact24 software and unpatented technology 1,225 3 Masterpayment software and unpatented technology 1,765 3 Masterpayment trademarks $ 1,068 5
Carrying Value And Accumulated Amortization Of Intangible Assets	As of June 30, 2016 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 (1) 94,529 $ (51,557 ) $ 42,972 $ 88,109 $ (45,312 ) $ 42,797 Software and unpatented technology (1) 31,452 (28,791 ) 2,661 29,964 (28,323 ) 1,641 FTS patent 2,592 (2,592 ) - 3,119 (3,119 ) - Exclusive licenses 4,506 (4,506 ) - 4,506 (4,506 ) - Trademarks (1) 6,685 (3,762 ) 2,923 6,094 (3,408 ) 2,686 Total finite-lived intangible assets . $ 139,764 $ (91,208 ) $ 48,556 $ 131,792 $ (84,668 ) $ 47,124 (1) Includes the trademarks acquired in the Masterpayment acquisition as well as the customer relationships and software and unpatented technology acquired as part of the Transact24 and Masterpayment acquisition in January 2016 and April 2016, respectively
Future Estimated Annual Amortization Expense	2017 $ 11,919 2018 11,305 2019 10,686 2020 9,986 2021 4,315 Thereafter $ 345

Reinsurance Assets And Policy42

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Tables)	12 Months Ended
	Jun. 30, 2016
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]
Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts	Assets (1) Investment contracts (2) Balances acquired on July 1, 2014 $ 688 $ (688 ) Foreign currency adjustment (3) (95 ) 95 Balance as of June 30, 2015 $ 593 $ (593 ) Increase in policy holder benefits under investment contracts 35 (35 ) Foreign currency adjustment (3) (100 ) 100 Balance as of June 30, 2016 $ 528 $ (528 ) (1) Included in other long-term assets 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 The Movement In Reinsurance Assets And Policy Holder Liabilities Under Insurance Contracts	Reinsurance Insurance assets (1) contracts (2) Balances acquired on July 1, 2014 $ 21,062 $ (21,478 ) Claims and policyholders' benefits under insurance contracts 30 (55 ) Transfer to reinsurer (3) (18,000 ) 18,000 Foreign currency adjustment (4) (2,909 ) 2,966 Balance as of June 30, 2015 183 (567 ) Increase in policy holder benefits under insurance contracts 463 (1,408 ) Claims and policyholders' benefits under insurance contracts (444 ) 801 Foreign currency adjustment (4) (31 ) 96 Balance as of June 30, 2016 $ 171 $ (1,078 ) (1) Included in other long-term assets (2) Included in other long-term liabilities (3) Smart Life has agreed to transfer certain fully reinsured policies to the reinsurer pursuant to conditions imposed by the South African Financial Service Board to uplift the suspension of its life insurance license. (4) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the U.S. dollar.

Other Payables (Tables)

Other Payables (Tables)	12 Months Ended
	Jun. 30, 2016
Other Payables [Abstract]
Schedule Of Other Payables	2016 2015 Accruals $ 12,588 $ 14,484 Provisions 10,461 17,015 Other 7,981 9,361 Value-added tax payable 5,022 3,327 Payroll-related payables 992 1,008 Participating merchants settlement obligation 435 400 $ 37,479 $ 45,595

Common Stock (Tables)

Common Stock (Tables)	12 Months Ended
	Jun. 30, 2016
Common Stock [Abstract]
Number Of Shares, Net Of Treasury	2016 2015 2014 Number of shares, net of treasury: Statement of changes in equity – common stock 55,271,954 46,679,565 47,819,299 Less: Non-vested equity shares that have not vested as of end of year (Note 18) 589,447 341,529 385,778 Number of shares, net of treasury excluding non-vested equity shares that have not vested 54,682,507 46,338,036 47,433,521

Accumulated Other Comprehensi45

Accumulated Other Comprehensive (Loss) Income (Tables)	12 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive (Loss) Income [Abstract]
Change In Accumulated Other Comprehensive (Loss) Income Per Component	Accumulated Net unrealized Accumulated income (loss) Foreign on asset currency available for translation sale, net of reserve tax Total ' 000 ' 000 ' 000 Balance as of July 1, 2013 $ (101,188 ) $ 330 $ (100,858 ) Movement in foreign currency translation reserve 13,552 - 13,552 Release of foreign currency translation reserve related to sale/ liquidation of businesses 4,277 - 4,277 Unrealized gain on asset available for sale, net of tax of $ 112 - 288 288 Balance as of June 30, 2014 (83,359 ) 618 (82,741 ) Movement in foreign currency translation reserve (56,862 ) - (56,862 ) Unrealized gain on asset available for sale, net of tax of $ 97 - 422 422 Balance as of June 30, 2015 (140,221 ) 1,040 (139,181 ) Movement in foreign currency translation reserve (49,479 ) - (49,479 ) Unrealized gain on asset available for sale, net of tax of $ 159 - 692 692 Release of gain on asset available for sale, net of taxes of $ 444 - (1,732 ) (1,732 ) Balance as of June 30, 2016 $ (189,700 ) $ - $ (189,700 )

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Jun. 30, 2016
Revenue [Abstract]
Schedule Of Revenue	2016 2015 2014 Services rendered – comprising mainly fees and commissions $ 514,847 $ 536,046 $ 518,297 Loan-based fees received 47,117 62,235 33,560 Sale of goods – comprising mainly hardware and software sales 28,785 27,698 29,799 $ 590,749 $ 625,979 $ 581,656

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jun. 30, 2016
Stock-Based Compensation [Abstract]
Range Of Assumptions Used To Value Options Granted	2015 2014 Expected volatility 60 % 50 % Expected dividends 0 % 0 % Expected life (in years) 3 3 Risk-free rate 1.0 % 0.9 %
Summarized Stock Option Activity	Weighted Average Weighted Weighted Remaining Aggregate Average average Contractual Intrinsic Grant Number of exercise Term Value Date Fair shares price ($) (in years) ($' ) Value ($) Outstanding – July 1, 2013 2,648,583 15.15 5.98 313 Granted under Plan: August 2013 224,896 7.35 10.00 568 2.53 Exercised (26,667 ) 7.00 91 Forfeited (136,420 ) 23.51 - Outstanding – June 30, 2014 2,710,392 14.16 5.38 3,909 Granted under Plan: August 2014 464,410 11.23 10.00 2,113 4.55 Exercised (773,633 ) 8.35 3,845 Outstanding – June 30, 2015 2,401,169 15.34 4.74 11,516 Exercised (323,645 ) 11.62 2,669 Outstanding – June 30, 2016 2,077,524 15.92 3.65 926 Weighted Weighted Average average Remaining Aggregate exercise Contractual Intrinsic Number of price Term Value shares ($) (in years) ($' ) Vested and expecting to vest – June 30, 2016 2,077,524 15.92 3.65 926 Weighted Average Weighted Remaining Aggregate average Contractual Intrinsic Number of exercise Term Value shares price ($) (in years) ($' ) Exercisable – June 30, 2016 1,692,952 17.17 2.66 728
Restricted Stock Activity	Number of Weighted Shares of Average Grant Restricted Date Fair Value Stock ($' 000 ) Non-vested – July 1, 2013 405,226 4,393 Granted – August 2013 187,963 1,382 Vested – August 2013 (16,907 ) 161 Vested – February 2014 (183,333 ) 1,742 Total vested (200,240 ) Forfeitures (7,171 ) 84 Non-vested – June 30, 2014 385,778 3,534 Granted – August 2014 141,707 581 Granted – November 2014 71,530 229 Total granted 213,237 Vested – August 2014 (74,152 ) 828 Vested – February 2015 (183,334 ) 2,400 Total vested (257,486 ) 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 – June 30, 2016 589,447 7,622
Recorded Net Stock Compensation Charge	Allocated to cost of goods sold, IT Allocated to Total processing, selling, charge servicing general and (reversal) and support administration Year ended June 30, 2016 Stock-based compensation charge $ 3,598 $- $ 3,598 Total – year ended June 30, 2016 $ 3,598 $- $ 3,598 Year ended June 30, 2015 Stock-based compensation charge $ 3,195 $- $ 3,195 Total – year ended June 30, 2015 $ 3,195 $- $ 3,195 Year ended June 30, 2014 Stock-based compensation charge $ 3,724 $- $ 3,724 Reversal of stock compensation charge related to restricted stock forfeited (6 ) - (6 ) Total – year ended June 30, 2014 $ 3,718 $- $ 3,718

Deconsolidation Of Businesses48

Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business (Tables)	12 Months Ended
	Jun. 30, 2016
Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business [Abstract]
Profit (Loss) On Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business	2016 2015 2014 Profit on sale of MediKredit Integrated Healthcare Solutions Proprietary Limited ("MediKredit") $ - $ - $ 4,125 Profit on disposal of assets related to the business of Net 1 Universal Electronic Technological Solutions (Pty) Ltd ("NUETS business") - - 2,081 Loss on liquidation of Net1 UTA - - (6,261 ) Net profit (loss) for the year ended June 30, $ - $ - $ (55 )

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Jun. 30, 2016
Income Taxes [Abstract]
Components Of Income Before Income Taxes	2016 2015 2014 South Africa $ 119,097 $ 137,138 $ 121,338 United States (5,915 ) (7,286 ) (9,923 ) Other 13,055 10,566 (2,273 ) Income before income taxes $ 126,237 $ 140,418 $ 109,142
Provision For Income Taxes By Location Of Taxing Jurisdiction	2016 2015 2014 Current income tax $ 88,807 $ 48,795 $ 61,902 South Africa 31,815 39,901 41,326 United States 50,750 3,109 14,838 Other 6,242 5,785 5,738 Deferred taxation (benefit) charge (161 ) (2,292 ) (7,887 ) South Africa 3,044 398 (3,345 ) United States (274 ) 485 (107 ) Other (2,931 ) (3,175 ) (4,435 ) Capital gains tax - - 202 Foreign tax credits generated – United States (46,566 ) (2,367 ) (14,838 ) Income tax provision $ 42,080 $ 44,136 $ 39,379
Reconciliation Of Income Taxes	2016 2015 2014 Income tax rate reconciliation: Income taxes at fully-distributed South African tax rates 28.00 % 28.00 % 28.00 % Non-deductible items 0.38 % 2.36 % 4.71 % Foreign tax rate differential 7.42 % 0.06 % 1.89 % Foreign tax credits (36.88 %) (1.68 %) (13.59 %) Taxation on deemed dividends in the United States 34.60 % 3.46 % 13.46 % Capital gains tax paid 0.00 % 0.00 % 0.19 % Movement in valuation allowance (0.09 %) (0.08 %) 1.23 % Prior year adjustments (0.09 %) (0.69 %) 0.19 % Income tax provision 33.34 % 31.43 % 36.08 %
Schedule Of Deferred Tax Assets And Liabilities	2016 2015 Total deferred tax assets Net operating loss carryforwards $ 1,982 $ 1,216 Provisions and accruals 4,245 5,653 FTS patent 496 691 Intangible assets 733 616 Foreign tax credits 36,750 20,212 Other 7,448 7,330 Total deferred tax assets before valuation allowance 51,654 35,718 Valuation allowances (38,834 ) (22,550 ) Total deferred tax assets, net of valuation allowance 12,820 13,168 Total deferred tax liabilities: Intangible assets 11,799 11,510 Other 6,624 4,924 Total deferred tax liabilities 18,423 16,434 Reported as Current deferred tax assets 6,956 7,298 Long term deferred tax liabilities 12,559 10,564 Net deferred income tax liabilities $ 5,603 $ 3,266
Movement In Valuation Allowance	Net Foreign Tax operating tax deductible loss carry- FTS Total credits goodwill forwards patent Other July 1, 2014 $ 25,153 $ 23,337 $- $ 1,244 $ 369 $ 203 Reversed to statement of operations (3,126 ) (3,126 ) - - - - Charged to statement of operations 794 - - - - 794 Utilized (128 ) - - (128 ) - - Foreign currency adjustment (143 ) - - (28 ) (115 ) - June 30, 2015 22,550 20,211 - 1,088 254 997 Charged to statement of operations 16,537 16,537 - - - - Utilized (128 ) - - (128 ) - - Foreign currency adjustment (125 ) - - (29 ) (96 ) - June 30, 2016 $ 38,834 $ 36,748 $- $ 931 $ 158 $ 997
Schedule Of Operating Loss Carryforwards	Year of expiration U.S. net operating loss carry forwards 2025 $ 2,608
Schedule Of Reconciliation Of Total Amounts Of Unrecognized Tax Benefits	2016 2015 2014 Unrecognized tax benefits - opening balance $ 2,322 $ 1,160 $ 1,150 Gross decreases - tax positions in prior periods (609 ) - - Gross increases - tax positions in current period 641 1,311 38 Lapse of statute limitations - - - Foreign currency adjustment (424 ) (149 ) (28 ) Unrecognized tax benefits - closing balance $ 1,930 $ 2,322 $ 1,160

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations	2016 2015 2014 (in thousands except percent and per share data) Numerator: Net income attributable to Net1 $ 82,454 $ 94,735 $ 70,111 Undistributed earnings 82,454 94,735 70,111 Percent allocated to common shareholders (Calculation 1) 99 % 99 % 99 % Numerator for earnings per share: basic and diluted $ 81,370 $ 93,750 $ 69,376 Denominator: Denominator for basic earnings per share: weighted-average common shares outstanding 47,234 46,247 45,997 Effect of dilutive securities: Stock options 242 152 119 Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion 47,476 46,399 46,116 Earnings per share: Basic $ 1.72 $ 2.03 $ 1.51 Diluted $ 1.71 $ 2.02 $ 1.50 (Calculation 1) Basic weighted-average common shares outstanding (A) 47,234 46,247 45,997 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 47,863 46,733 46,484 Percent allocated to common shareholders (A) / (B) 99 % 99 % 99 %

Supplemental Cash Flow Inform51

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Jun. 30, 2016
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow Disclosures	2016 2015 2014 Cash received from interest $ 15,262 $ 16,399 $ 14,703 Cash paid for interest $ 3,439 $ 4,360 $ 6,969 Cash paid for income taxes $ 42,123 $ 45,459 $ 42,417
Cash Flow Movements If Cash Had Been Transferred	2014 Cash (used in ) provided by investing activities: Loans provided to BEE partners $ (25,054 ) Loans repaid by BEE partners $ 24,574 Cash provided by (used in) financing activities: Issue of shares of the Company's common stock to BEE partners $ 25,054 Purchase of shares from BEE partners $ (24,858 )

Operating Segments (Tables)

Operating Segments (Tables)	12 Months Ended
	Jun. 30, 2016
Operating Segments [Abstract]
Reconciliation Of Reportable Segments Revenue	Revenue From Reportable Inter external Segment segment customers South African transaction processing $ 212,574 $ 17,615 $ 194,959 International transaction processing 169,807 - 169,807 Financial inclusion and applied technologies 249,403 23,420 225,983 Total for the year ended June 30, 2016 631,784 41,035 590,749 South African transaction processing $ 236,452 $ 20,521 $ 215,931 International transaction processing 164,554 - 164,554 Financial inclusion and applied technologies 272,600 27,106 245,494 Total for the year ended June 30, 2015 673,606 47,627 625,979 South African transaction processing 261,577 11,543 250,034 International transaction processing 152,725 - 152,725 Financial inclusion and applied technologies 207,595 28,698 178,897 Total for the year ended June 30, 2014 621,897 40,241 581,656
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income	For the years ended June 30, 2016 2015 2014 Reportable segments measure of profit or loss $ 129,774 $ 150,538 $ 144,038 Operating income: Corporate/Eliminations (15,406 ) (22,019 ) (42,240 ) Interest income 15,292 16,355 14,817 Interest expense (3,423 ) (4,456 ) (7,473 ) Income before income taxes $ 126,237 $ 140,418 $ 109,142
Summary Of Segment Information	For the years ended June 30, 2016 2015 2014 Revenues South African transaction processing $ 212,574 $ 236,452 $ 261,577 International transaction processing 169,807 164,554 152,725 Financial inclusion and applied technologies 249,403 272,600 207,595 Total 631,784 673,606 621,897 Operating income (loss) South African transaction processing 51,386 51,008 61,401 International transaction processing 23,389 26,805 21,952 Financial inclusion and applied technologies 54,999 72,725 60,685 Subtotal: Operating segments 129,774 150,538 144,038 Corporate/Eliminations (15,406 ) (22,019 ) (42,240 ) Total 114,368 128,519 101,798 Depreciation and amortization South African transaction processing 6,157 7,093 7,036 International transaction processing 21,852 17,846 15,823 Financial inclusion and applied technologies 1,158 808 874 Subtotal: Operating segments 29,167 25,747 23,733 Corporate/Eliminations 11,227 14,938 16,553 Total 40,394 40,685 40,286 Expenditures for long-lived assets South African transaction processing 5,101 7,008 3,425 International transaction processing 28,029 28,205 19,393 Financial inclusion and applied technologies 2,667 1,223 1,088 Subtotal: Operating segments 35,797 36,436 23,906 Corporate/Eliminations - - - Total $ 35,797 $ 36,436 $ 23,906
Revenue Based On Geographic Location	2016 2015 2014 South Africa $ 422,022 $ 461,425 $ 428,931 South Korea 158,609 160,853 146,667 Rest of world 10,118 3,701 6,058 Total $ 590,749 $ 625,979 $ 581,656
Long-Lived Assets Based On Geographical Location	Long-lived assets 2016 2015 (1) 2014 (1) South Africa $ 69,213 $ 72,467 $ 105,627 South Korea 221,459 230,109 253,147 Rest of world 49,105 20,058 6,593 Total $ 339,777 $ 322,634 $ 365,367 (1) As described in Note 1, during the year ended June 30, 2016, the Company identified a balance sheet misclassification between current assets and long-term assets. Long-lived assets for fiscal 2015 and 2014, have been restated, and have increased by $27.4 million and $23.3 million, respectively.

Commitments And Contingencies (

Commitments And Contingencies (Tables)	12 Months Ended
	Jun. 30, 2016
Commitments And Contingencies [Abstract]
Future Minimum Payments Under Operating Leases	Due within 1 year $ 5,334 Due within 2 years $ 3,258 Due within 3 years $ 790 Due within 4 years $ 89 Due within 5 years $ -

Unaudited Quarterly Results (Ta

Unaudited Quarterly Results (Tables)	12 Months Ended
	Jun. 30, 2016
Unaudited Quarterly Results [Abstract]
Schedule Of Unaudited Consolidated Statements Of Operations	Three months ended Year ended Jun 30, Mar 31, Dec 31, Sep 30, June 30, 2016 2016 2015 2015 2016 (In thousands except per share data) Revenue $ 151,259 $ 134,736 $ 150,281 $ 154,473 $ 590,749 Operating income 32,183 26,191 24,779 31,215 114,368 Net income attributable to Net1 $ 24,356 $ 18,420 $ 16,658 $ 23,020 $ 82,454 Net income per share, in United States dollars Basic earnings attributable to Net1 shareholders $ 0.48 $ 0.40 $ 0.35 $ 0.49 $ 1.72 Diluted earnings attributable to Net1 shareholders $ 0.47 $ 0.39 $ 0.35 $ 0.48 $ 1.71 Three months ended Year ended Jun 30, Mar 31, Dec 31, Sep 30, June 30, 2015 2015 2014 2014 2015 (In thousands except per share data) Revenue $ 164,286 $ 151,121 $ 154,131 $ 156,441 $ 625,979 Operating income 32,613 31,966 30,815 33,125 128,519 Net income attributable to Net1 $ 23,914 $ 24,358 $ 22,374 $ 24,089 $ 94,735 Net income per share, in United States dollars Basic earnings attributable to Net1 shareholders $ 0.51 $ 0.52 $ 0.48 $ 0.51 $ 2.03 Diluted earnings attributable to Net1 shareholders $ 0.51 $ 0.52 $ 0.48 $ 0.51 $ 2.02

Description Of Business And B55

Description Of Business And Basis Of Presentation (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Description Of Business And Basis Of Presentation [Abstract]
Increase in other long-term assets	$ 27.4	$ 23.3

Significant Accounting Polici56

Significant Accounting Policies (Narrative) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)contractitem	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)item
Significant Accounting Policies [Line Items]
Number of entities required to be consolidated | item	0	0	0
Number of deliverables identified for multiple element arrangements | item	2
Research and development expenditures	$ 2,300	$ 2,400	$ 2,200
Undistributed earnings	$ 414,200
Minimum probability of tax benefit realization percentage	50.00%
Settlement assets	$ 536,725	692,442
Settlement obligations	536,725	692,442
Cash flows provided by investing activities	(5,756)	(80,783)	(9,237)
Cash flows used in financing activities	$ 13,645	16,784	(25,781)
Restatement Adjustment [Member]
Significant Accounting Policies [Line Items]
Settlement assets		30,500
Settlement obligations		30,500
Cash flows provided by investing activities		21,300	(12,400)
Cash flows used in financing activities		$ 21,300	$ (12,400)
South Africa [Member]
Significant Accounting Policies [Line Items]
Income tax rate	28.00%	28.00%	28.00%
Minimum [Member]
Significant Accounting Policies [Line Items]
Number of contracts in which reinsurers compensate losses arising on contracts it issues | contract	1

Significant Accounting Polici57

Significant Accounting Policies (Schedule Of Property Plant And Equipment Expected Economic Lives) (Details)	12 Months Ended
	Jun. 30, 2016
Minimum [Member] | Computer Equipment [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] | Office Equipment [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Minimum [Member] | Vehicles [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] | Furniture and Fittings [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] | Building And Structures [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	8 years
Minimum [Member] | Plant And Equipment [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] | Computer Equipment [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	8 years
Maximum [Member] | Office Equipment [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Maximum [Member] | Vehicles [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	8 years
Maximum [Member] | Furniture and Fittings [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Maximum [Member] | Building And Structures [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	30 years
Maximum [Member] | Plant And Equipment [Member]
Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years

Significant Accounting Polici58

Significant Accounting Policies (Schedule Of Intangible Assets Useful Lives) (Details)	12 Months Ended
	Jun. 30, 2016
FTS Patent [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	10 years
Exclusive Licenses [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	7 years
Customer Databases [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	3 years
Minimum [Member] | Customer Relationships [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	1 year
Minimum [Member] | Software And Unpatented Technology [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	3 years
Minimum [Member] | Trademarks [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	3 years
Maximum [Member] | Customer Relationships [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	15 years
Maximum [Member] | Software And Unpatented Technology [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	5 years
Maximum [Member] | Trademarks [Member]
Significant Accounting Policies [Line Items]
Amortized useful lives of intangible assets	20 years

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ in Thousands	Jan. 20, 2016USD ($)shares	Jun. 30, 2016USD ($)	Apr. 30, 2016USD ($)item	Jun. 30, 2016USD ($)	May 31, 2015
Business Acquisition [Line Items]
Business acquisition, acquisition-related expenditure		$ 200		$ 200
Transact24 [Member]
Business Acquisition [Line Items]
Percentage acquired in acquisition	56.00%				44.00%
Business acquisition, cost of acquired entity	$ 3,000
Total purchase consideration	$ 6,963
Shares issued in acquisition | shares	391,645
Fair value of shares issued in acquisition	$ 4,000
Business acquisition, contributed revenue				3,800
Business acquisition, contributed net income				30
Masterpayment [Member]
Business Acquisition [Line Items]
Percentage acquired in acquisition			60.00%
Business acquisition, cost of acquired entity		9,400		11,200
EBITDA earn-out		$ 5,400
Total purchase consideration			$ 14,766
Business acquisition, number of registered merchants | item			5,000
Consideration transferred			$ 25,955
Business acquisition, contributed revenue				2,400
Business acquisition, contributed net income				$ (40)
After June 30, 2016 [Member]
Business Acquisition [Line Items]
Percentage of shares issued restricted to resale	50.00%
After June 30, 2017 [Member]
Business Acquisition [Line Items]
Percentage of shares issued restricted to resale	50.00%

Acquisitions (Schedule Of Cash

Acquisitions (Schedule Of Cash Paid Net Of Cash Received Related To Company Acquisitions) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)
Business Acquisition [Line Items]
Total cash paid, net of cash received	$ 15,767
Transact24 [Member]
Business Acquisition [Line Items]
Total cash paid, net of cash received	1,666
Masterpayment [Member]
Business Acquisition [Line Items]
Total cash paid, net of cash received	$ 14,101

Acquisitions (Schedule Of Final

Acquisitions (Schedule Of Final Purchase Price Allocation Translated At Applicable Foreign Exchange Rate) (Details) - USD ($) $ in Thousands	Jan. 20, 2016	Apr. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Business Acquisition [Line Items]
Goodwill (Note 7)			$ 179,478	$ 166,437	$ 186,576	$ 175,806
Transact24 [Member]
Business Acquisition [Line Items]
Cash and cash equivalents	$ 1,334
Accounts receivable	2,019
Property, plant and equipment, net	154
Deferred tax assets	1,070
Intangible assets (Note 7)	4,974
Goodwill (Note 7)	6,024
Account payables and other payables	(1,898)
Deferred tax liabilities	(1,243)
Fair value of assets and liabilities on acquisition	12,434
Less: fair value of equity-accounted investment, comprising:	(5,471)
Less: gain on re-measurement of previously held interest	(1,908)
Less: carrying value at the acquisition date	(3,563)
Total purchase price	$ 6,963
Masterpayment [Member]
Business Acquisition [Line Items]
Cash and cash equivalents		$ 665
Accounts receivable		765
Property, plant and equipment, net		18
Intangible assets (Note 7)		9,428
Goodwill (Note 7)		17,084
Account payables and other payables		(1,114)
Deferred tax liabilities		(2,236)
Fair value of assets and liabilities on acquisition		24,610
Less: fair value attributable to controlling interests on acquisition date		(9,844)
Total purchase price		14,766
Add: carrying value of non-controlling interests acquired		9,867
Add: adjustment to Net1 equity (Note 14)		1,322
Cash paid for non-controlling interest (Note 14)		11,189
Total consideration paid for Masterpayment		$ 25,955
T24 And Masterpayment [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			1,999
Accounts receivable			2,784
Property, plant and equipment, net			172
Deferred tax assets			1,070
Intangible assets (Note 7)			14,402
Goodwill (Note 7)			23,108
Account payables and other payables			(3,012)
Deferred tax liabilities			(3,479)
Fair value of assets and liabilities on acquisition			37,044
Less: fair value of equity-accounted investment, comprising:			(5,471)
Less: gain on re-measurement of previously held interest			(1,908)
Less: carrying value at the acquisition date			(3,563)
Less: fair value attributable to controlling interests on acquisition date			(9,844)
Total purchase price			$ 21,729

Accounts Receivable, Net And 62

Accounts Receivable, Net And Finance Loans Receivable, Net (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Bad debt expense	$ 1.2	$ 0	$ 0.6
Financing Loan Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Bad debt expense	$ 0	$ 0	$ 0

Accounts Receivable, Net And 63

Accounts Receivable, Net And Finance Loans Receivable, Net (Schedule Of Accounts Receivable) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
Accounts Receivable, Net And Finance Loans Receivable, Net [Abstract]
Accounts receivable, trade, net		$ 57,563	$ 67,399	[1]
Accounts receivable, trade, gross		59,232	69,355	[1]
Allowance for doubtful accounts receivable, end of year		1,669	1,956	[1]
Beginning of year	[1]	1,956	1,313
Reversed to statement of operations		(68)	(61)	[1]
Charged to statement of operations		388	1,580	[1]
Utilized		(361)	(654)	[1]
Foreign currency adjustment		(246)	(222)	[1]
Current portion of payments to agents in South Korea amortized over the contract period		26,572	25,998	[1]
Payments to agents in South Korea amortized over the contract period		52,469	53,431	[1]
Less: Payments to agents in South Korea amortized over the contract period included in other long-term assets (Note 1)		25,897	27,433	[1]
Other receivables		23,670	27,938	[1]
Total accounts receivable, net		$ 107,805	121,335	[1]
Receivables from the sale of prepaid products			$ 18,448
[1]	Receivables from the sale of prepaid products of $18,448 as of June 30, 2015, have been reclassified from Other receivables to Accounts receivable, trade, gross.

Accounts Receivable, Net And 64

Accounts Receivable, Net And Finance Loans Receivable, Net (Schedule Of Finance Loans Receivable) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Accounts Receivable, Net And Finance Loans Receivable, Net [Abstract]
Finance loans receivable, gross	$ 41,503	$ 44,600
Allowance for doubtful finance loans receivable, end of year	4,494	4,227
Beginning of year	4,227	3,083
Charged to statement of operations	2,113	3,392
Utilized	(1,105)	(1,705)
Foreign currency adjustment	(741)	(543)
Total finance loans receivable, net	$ 37,009	$ 40,373

Inventory (Schedule Of Inventor

Inventory (Schedule Of Inventory) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Inventory [Abstract]
Finished goods	$ 10,004	$ 12,979
Inventory	$ 10,004	$ 12,979

Fair Value Of Financial Instr66

Fair Value Of Financial Instruments (Narrative) (Details) - USD ($)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016
Derivatives, Fair Value [Line Items]
Years of significant fluctuation of US Dollar to ZAR exchange rate	3 years
Equity method investment, percentage of ownership interest		1.00%
Transfers in or out of Level 3		$ 0
Impairment charges	$ 0	$ 0
Finbond [Member]
Derivatives, Fair Value [Line Items]
Equity method investment, percentage of ownership interest	26.00%
Equity method investment, shares	197,522,435	156,788,712
Equity method investment, additional shares			40,733,723
Equity method investment, additional shares acquisition value			$ 8,900,000
One Credit Limited [Member]
Derivatives, Fair Value [Line Items]
Equity method investment, ownership percentage	25.00%	25.00%
Current borrowing capacity	$ 10,000,000	$ 10,000,000
Amount utilized	$ 0	$ 0

Fair Value Of Financial Instr67

Fair Value Of Financial Instruments (Outstanding Foreign Exchange Contracts) (Details)	12 Months Ended
	Jun. 30, 2016EUR (€)ZAR / item	Jun. 30, 2015EUR (€)ZAR / item	Jun. 30, 2016ZAR / shares	Jun. 30, 2015ZAR / shares
Foreign Exchange Contract 1 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 573,765	€ 526,263
Strike price | ZAR / item	15.9587	15.1145
Fair market value price | ZAR / shares			ZAR 16.3393	ZAR 13.6275
Maturity	Jul. 20, 2016	Jul. 20, 2015
Foreign Exchange Contract 2 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 554,494.50	€ 526,263
Strike price | ZAR / item	16.0643	15.2025
Fair market value price | ZAR / shares			16.4564	13.7062
Maturity	Aug. 19, 2016	Aug. 20, 2015
Foreign Exchange Contract 3 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 465,711	€ 526,263
Strike price | ZAR / item	16.1798	15.2944
Fair market value price | ZAR / shares			16.5820	13.7898
Maturity	Sep. 20, 2016	Sep. 21, 2015
Foreign Exchange Contract 4 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 393,675	€ 526,263
Strike price | ZAR / item	16.2911	15.3809
Fair market value price | ZAR / shares			16.7017	13.8683
Maturity	Oct. 20, 2016	Oct. 20, 2015
Foreign Exchange Contract 5 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 302,368.50	€ 509,516
Strike price | ZAR / item	16.4085	15.4728
Fair market value price | ZAR / shares			ZAR 16.8301	13.9540
Maturity	Nov. 21, 2016	Nov. 20, 2015
Foreign Exchange Contract 6 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €		€ 529,865
Strike price | ZAR / item		15.5654
Fair market value price | ZAR / shares				14.0397
Maturity		Dec. 21, 2015
Foreign Exchange Contract 7 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €		€ 526,663
Strike price | ZAR / item		15.6625
Fair market value price | ZAR / shares				ZAR 14.1239
Maturity		Jan. 20, 2016

Fair Value Of Financial Instr68

Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 533	$ 1,640
Investments in Finbond (available for sale assets included in other long-term assets)		7,488
Foreign exchange contracts	62
Other	37	1,259
Total assets at fair value	632	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	533	1,640
Total assets at fair value	533	1,640
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange contracts	62
Other	37	1,259
Total assets at fair value	$ 99	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)		7,488
Total assets at fair value		$ 7,488

Property, Plant And Equipment69

Property, Plant And Equipment, Net (Schedule Of Property Plant And Equipment Net) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Line Items]
Cost	$ 154,946	$ 146,334
Accumulated depreciation	99,969	94,014
Carrying amount	54,977	52,320
Land [Member]
Property, Plant and Equipment [Line Items]
Cost	851	869
Accumulated depreciation
Carrying amount	851	869
Building And Structures [Member]
Property, Plant and Equipment [Line Items]
Cost	467	477
Accumulated depreciation	151	134
Carrying amount	316	343
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	130,998	121,033
Accumulated depreciation	81,423	75,681
Carrying amount	49,575	45,352
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	7,262	6,295
Accumulated depreciation	5,048	4,901
Carrying amount	2,214	1,394
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost	15,368	17,660
Accumulated depreciation	13,347	13,298
Carrying amount	$ 2,021	$ 4,362

Goodwill And Intangible Asset70

Goodwill And Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Goodwill And Intangible Assets, Net [Abstract]
Impairment of intangible asset	$ 0	$ 0	$ 0
Amortization expense	$ 11.2	$ 19.4	$ 16.6

Goodwill And Intangible Asset71

Goodwill And Intangible Assets, Net (Carrying Value Of Goodwill) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Goodwill [Line Items]
Gross value, Beginning Balance		$ 166,437	$ 186,576	$ 218,558
Gross value, Loss on liquidation (Note 19)				(44,445)
Gross value, Foreign currency adjustment	[1]	(10,067)	(20,139)	12,463
Gross value, Ending Balance		179,478	166,437	186,576
Accumulated impairment, Beginning Balance				(42,752)
Accumulated Impairment, Loss on liquidation (Note 19)				44,445
Accumulated impairment, Foreign currency adjustment	[1]			(1,693)
Accumulated impairment, Ending Balance
Carrying value, Beginning Balance		166,437	186,576	175,806
Carrying value, Loss on liquidation (Note 19)
Carrying value, Foreign currency adjustment	[1]	(10,067)	(20,139)	10,770
Carrying value, Ending Balance		179,478	$ 166,437	$ 186,576
Transact24 [Member]
Goodwill [Line Items]
Gross value, Acquisition (Note 3)		6,024
Accumulated impairment, Acquisition (Note 3)
Carrying value, Acquisition (Note 3)		6,024
Masterpayment [Member]
Goodwill [Line Items]
Gross value, Acquisition (Note 3)		17,084
Accumulated impairment, Acquisition (Note 3)
Carrying value, Acquisition (Note 3)		$ 17,084
[1]	the foreign currency adjustment represents the effects of the fluctuations between the South African rand, Euro and the Korean won, and the U.S. dollar on the carrying value.

Goodwill And Intangible Asset72

Goodwill And Intangible Assets, Net (Goodwill Allocated To Reportable Segments) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Goodwill [Line Items]
Carrying value, Beginning Balance		$ 166,437	$ 186,576	$ 175,806
Carrying value, Loss on liquidation (Note 19)
Carrying value, Foreign currency adjustment	[1]	(10,067)	(20,139)	10,770
Carrying value, Ending Balance		179,478	166,437	186,576
Transact24 [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)		6,024
Masterpayment [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)		17,084
South African Transaction Processing [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance		24,579	28,517
Carrying value, Foreign currency adjustment	[1]	(4,154)	(3,938)
Carrying value, Ending Balance		20,425	24,579	28,517
South African Transaction Processing [Member] | Transact24 [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)
South African Transaction Processing [Member] | Masterpayment [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)
International Transaction Processing [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance		115,519	128,427
Carrying value, Foreign currency adjustment	[1]	(2,442)	(12,908)
Carrying value, Ending Balance		136,185	115,519	128,427
International Transaction Processing [Member] | Transact24 [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)		6,024
International Transaction Processing [Member] | Masterpayment [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)		17,084
Financial Inclusion And Applied Technologies [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance		26,339	29,632
Carrying value, Foreign currency adjustment	[1]	(3,471)	(3,293)
Carrying value, Ending Balance		22,868	$ 26,339	$ 29,632
Financial Inclusion And Applied Technologies [Member] | Transact24 [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)
Financial Inclusion And Applied Technologies [Member] | Masterpayment [Member]
Goodwill [Line Items]
Carrying value, Acquisition (Note 3)
[1]	the foreign currency adjustment represents the effects of the fluctuations between the South African rand, Euro and the Korean won, and the U.S. dollar on the carrying value.

Goodwill And Intangible Asset73

Goodwill And Intangible Assets, Net (Fair Value Of Intangible Assets Acquired) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2016USD ($)
Transact24 [Member] | Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 3,749
Weighted-Average Amortization period (in years)	5 years
Transact24 [Member] | Software And Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 1,225
Weighted-Average Amortization period (in years)	3 years
Masterpayment [Member] | Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 6,595
Weighted-Average Amortization period (in years)	5 years
Masterpayment [Member] | Software And Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 1,765
Weighted-Average Amortization period (in years)	3 years
Masterpayment [Member] | Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 1,068
Weighted-Average Amortization period (in years)	5 years

Goodwill And Intangible Asset74

Goodwill And Intangible Assets, Net (Carrying Value And Accumulated Amortization Of Intangible Assets) (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Gross carrying value		$ 139,764	$ 131,792
Accumulated amortization		(91,208)	(84,668)
Net carrying value		48,556	47,124
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	[1]	94,529	88,109
Accumulated amortization	[1]	(51,557)	(45,312)
Net carrying value	[1]	42,972	42,797
Software And Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	[1]	31,452	29,964
Accumulated amortization	[1]	(28,791)	(28,323)
Net carrying value	[1]	2,661	1,641
FTS Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying value		2,592	3,119
Accumulated amortization		(2,592)	(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	[1]	6,685	6,094
Accumulated amortization	[1]	(3,762)	(3,408)
Net carrying value	[1]	$ 2,923	$ 2,686
[1]	Includes the trademarks acquired in the Masterpayment acquisition as well as the customer relationships and software and unpatented technology acquired as part of the Transact24 and Masterpayment acquisition in January 2016 and April 2016, respectively

Goodwill And Intangible Asset75

Goodwill And Intangible Assets, Net (Future Estimated Annual Amortization Expense) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Goodwill And Intangible Assets, Net [Abstract]
2,017	$ 11,919
2,018	11,305
2,019	10,686
2,020	9,986
2,021	4,315
Thereafter	$ 345

Reinsurance Assets And Policy76

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]
Assets, Beginning Balance	[1]	$ 593	$ 688
Assets, Increase in policy holder benefits under investment contracts	[1]	35
Assets, Foreign currency adjustment	[1],[2]	(100)	(95)
Assets, Ending Balance	[1]	528	593
Investment contracts, Beginning Balance	[3]	(593)	(688)
Investment contracts, Increase in policy holder benefits under investment contracts	[3]	(35)
Investment contracts, Foreign currency adjustment	[2],[3]	100	95
Investment contracts, Ending Balance	[3]	$ (528)	$ (593)
[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 Policy77

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Summary Of The Movement In Reinsurance Assets And Policy Holder Liabilities Under Insurance Contracts) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]
Reinsurance assets, Beginning Balance	[1]	$ 183	$ 21,062
Reinsurance assets, Increase in policy holder benefits under insurance contracts	[1]	463
Reinsurance assets, Claims and policyholders' benefits under insurance contracts	[1]	(444)	30
Reinsurance assets, Transfer to reinsurer	[1],[2]		(18,000)
Reinsurance assets, Foreign currency adjustment	[1],[3]	(31)	(2,909)
Reinsurance assets, Ending Balance	[1]	171	183
Insurance contracts, Beginning Balance	[4]	(567)	(21,478)
Insurance contracts, Increase in policy holder benefits under insurance contracts	[4]	(1,408)
Insurance contracts, Claims and policyholders' benefits under insurance contracts	[4]	801	(55)
Insurance contracts, Transfer to reinsurer	[2],[4]		18,000
Insurance contracts, Foreign currency adjustment	[3],[4]	96	2,966
Insurance contracts, Ending Balance	[4]	$ (1,078)	$ (567)
[1]	Included in other long-term assets
[2]	Smart Life has agreed to transfer certain fully reinsured policies to the reinsurer pursuant to conditions imposed by the South African Financial Service Board to uplift the suspension of its life insurance license.
[3]	The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the U.S. dollar.
[4]	Included in other long-term liabilities

Other Payables (Schedule Of Oth

Other Payables (Schedule Of Other Payables) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Other Payables [Abstract]
Accruals	$ 12,588	$ 14,484
Provisions	10,461	17,015
Other	7,981	9,361
Value-added tax payable	5,022	3,327
Payroll-related payables	992	1,008
Participating merchants settlement obligation	435	400
Other payables, total	$ 37,479	$ 45,595

Short-Term Facilities (Narrativ

Short-Term Facilities (Narrative) (Details) ZAR in Millions, $ in Millions, ₩ in Billions	12 Months Ended
	Jun. 30, 2016KRW (₩)	Jun. 30, 2016ZAR	Jun. 30, 2016USD ($)	Jun. 30, 2015ZAR	Jun. 30, 2015USD ($)
South African Credit Facility [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity | ZAR		ZAR 150
Amount utilized		131.1	$ 8.9	ZAR 139.6	$ 11.4
South African Credit Facility [Member] | Nedbank Limited [Member]
Short-term Debt [Line Items]
Aggregate amount		400	27.1
Primary amount, available immediately		200	13.5
Secondary amount, not available immediately		ZAR 200	13.5
Bank Overdrafts Facility [Member]
Short-term Debt [Line Items]
Amount utilized			$ 0		0
Short term interest rate	9.35%	9.35%	9.35%
Commitment fee percentage	0.35%
Bank Overdrafts Facility [Member] | Nedbank Limited [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity		ZAR 50	$ 3.4
Derivative Facilities [Member] | Nedbank Limited [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity		ZAR 150	10.1
South Korea, Hana Bank Overdraft Facility [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity	₩ 10		8.7
Amount utilized			$ 0		$ 0
Initiation date	Jan. 1, 2014
Renewal period	1 year
New expiration date	Jan. 1, 2017
Overdraft rate	3.31%	3.31%	3.31%

Long-Term Borrowings (Narrative

Long-Term Borrowings (Narrative) (Details) $ in Millions, ₩ in Billions

Oct. 29, 2018KRW (₩)

Apr. 29, 2016USD ($)

Oct. 29, 2013KRW (₩)

Oct. 29, 2013USD ($)

Oct. 31, 2013

Jun. 30, 2014KRW (₩)

Jun. 30, 2014USD ($)

Jun. 30, 2016KRW (₩)item

Jun. 30, 2016USD ($)item

Jun. 30, 2015KRW (₩)

Jun. 30, 2015USD ($)

Jun. 30, 2014USD ($)

Jun. 30, 2016USD ($)

Oct. 29, 2013USD ($)

Debt Instrument [Line Items]

Number of facility agreements | item

3

3

Facilities fees paid

₩ 0.9

$ 0.9

Interest expense

$ 2.6

$ 3.6

$ 4.8

Amortization of fees, prepaid facility

$ 0.1

0.2

0.3

Period before maturity date, prepayment of facility may be withdrawn (in months)

3 months

3 months

Facility A [Member]

Debt Instrument [Line Items]

Number of annual installments | item

3

3

Annual installments | ₩

₩ 10

Scheduled principal repayment

$ 8.7

Scheduled principal repayment of debt, due date

Oct. 29, 2018

Oct. 29, 2018

Facility A [Member] | Forecast [Member]

Debt Instrument [Line Items]

Annual installments | ₩

₩ 30

Facility C [Member]

Debt Instrument [Line Items]

Margin added on rate

3.10%

3.10%

Facilities interest rate at period end

4.71%

4.71%

Korean Senior Secured Loan Facility [Member]

Debt Instrument [Line Items]

Outstanding amount

92.4

$ 87

Proceeds drawn from facilities

75

70.6

Repayment of facilities

17.4

16.4

South Korean Credit Facility [Member]

Debt Instrument [Line Items]

Facilities fees paid

$ 0.4

Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Proceeds drawn from facilities

₩ 1.1

$ 1

₩ 2.2

$ 2.1

Commitment fee percentage

0.30%

0.30%

South Korean CD [Member]

Debt Instrument [Line Items]

CD interest rate at period end

1.61%

1.61%

South Korean CD [Member] | Facility A [Member]

Debt Instrument [Line Items]

Margin added on rate

3.10%

3.10%

South Korean CD [Member] | Facility B [Member]

Debt Instrument [Line Items]

Margin added on rate

2.90%

2.90%

South Korean CD [Member] | Facility A And C [Member]

Debt Instrument [Line Items]

Facilities interest rate at period end

4.71%

4.71%

Facilities Agreement [Member]

Debt Instrument [Line Items]

Proceeds drawn from facilities

₩ 2.5

$ 2.1

₩ 4

$ 3.8

Facility agreement, in years

5 years

Facilities Agreement [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Long-term borrowings

$ 51.8

Net1 Korea [Member] | Facility A [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

60

52

Net1 Korea [Member] | Facility B [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

15

13

Net1 Korea [Member] | Facility C [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

₩ 10

$ 8.7

Common Stock (Narrative) (Detai

Common Stock (Narrative) (Details) ZAR / shares in Units, $ / shares in Units, $ in Thousands, ZAR in Millions

Jun. 29, 2016USD ($)

Apr. 11, 2016USD ($)$ / sharesshares

Feb. 03, 2016USD ($)

Jun. 06, 2014shares

Jun. 05, 2014ZAR / shares

Apr. 16, 2014shares

Dec. 06, 2013ZAR / sharesshares

Oct. 10, 2013item

Jun. 30, 2016USD ($)shares

Feb. 29, 2016USD ($)shares

Dec. 31, 2015USD ($)shares

Nov. 30, 2015USD ($)shares

Jun. 30, 2016ZARitemZAR / sharesshares

Jun. 30, 2016USD ($)itemshares

Jun. 30, 2015USD ($)$ / sharesshares

Jun. 30, 2014USD ($)shares

Jun. 30, 2016USD ($)$ / shares

Sep. 09, 2014$ / shares

Jun. 04, 2014ZAR / shares

Class of Stock [Line Items]

Number of votes per common share | item

1

1

Price per share | ZAR / shares

ZAR 120

Common stock, par value | $ / shares

$ 0.001

$ 0.001

Common stock, price per share | $ / shares

$ 13.93

Subscription of shares, value

$ 107,672

Share price benchmark, entire outstanding principal amount is required due | ZAR / shares

ZAR 120

Share price benchmark, trigger event for repurchase of shares | ZAR / shares

ZAR 60

Failed arbitration, trigger event, days

7 days

7 days

Period of trading days to the trigger events

30 days

30 days

Common stock repurchase per share | ZAR / shares

ZAR 109.98

Restricted resale period from date of issuance

5 years

5 years

Gain (loss) from non-controlling interests

$ 1,407

Difference in amount, fair value of consideration paid and non-controlling interest adjustment

$ 1,300

$ 1,500

10b5 Plan [Member]

Class of Stock [Line Items]

Stock repurchased, value

$ 50,000

$ 100,000

Masterpayment [Member]

Class of Stock [Line Items]

Business acquisition, cost of acquired entity

$ 9,400

11,200

SmartLife [Member]

Class of Stock [Line Items]

Business acquisition, cost of acquired entity

1

KSNET [Member]

Class of Stock [Line Items]

Business acquisition, cost of acquired entity

2,000

Gain (loss) from non-controlling interests

$ 0

0

Black Economic Empowerment [Member]

Class of Stock [Line Items]

Loan agreement term, in years

5 years

5 years

Basis points added to rate

3.00%

3.00%

Percent of outstanding principal amount due for first and second payments

10.00%

10.00%

Number of transactions | item

2

Percent of outstanding principal amount due for third and fourth payments

15.00%

15.00%

Black Economic Empowerment [Member] | Common Stock [Member]

Class of Stock [Line Items]

Stock repurchased, value

$ 24,900

Treasury shares acquired, shares | shares

2,400,000

2,428,122

Price per share | ZAR / shares

ZAR 60

Number of common stock shares, issued | shares

4,400,000

4,400,000

Calculated percentage of the closing price of common stock

75.00%

Percentage of discount

25.00%

Business Venture Investment [Member]

Class of Stock [Line Items]

Stock repurchased, value

ZAR 97.4

$ 9,200

Treasury shares acquired, shares | shares

1,837,432

1,837,432

Cash Paymaster Services [Member]

Class of Stock [Line Items]

Percent of subscription shares

12.50%

12.50%

Subscription of shares, value

ZAR 15

$ 1,400

Subscription Agreement [Member]

Class of Stock [Line Items]

Number of common stock shares, issued | shares

9,980,000

Common stock, par value | $ / shares

$ 0.001

Common stock, price per share | $ / shares

$ 10.79

Gross proceeds from transaction

$ 107,700

Board Rights [Member] | Policy Agreement [Member] | Minimum [Member]

Class of Stock [Line Items]

Percentage of common stock ownership for the right to nominate one director

5.00%

Percentage of common stock ownership for the right to appoint an observer

2.50%

Preemptive Rights [Member] | Policy Agreement [Member]

Class of Stock [Line Items]

Percentage of ownership for the right to purchase pro-rata shares

5.00%

Executed Under Share Repurchase Authorizations [Member]

Class of Stock [Line Items]

Stock repurchase program, authorized amount

$ 100,000

Stock repurchased, value

$ 27,100

$ 15,900

$ 11,200

$ 11,200

Treasury shares acquired, shares | shares

2,426,704

1,677,491

749,213

749,213

0

0

Put Option [Member] | Policy Agreement [Member]

Class of Stock [Line Items]

Percentage of ownership to adopt a shareholder rights plan

20.00%

Number of trading days preceding the triggering event

60 days

Common Stock (Number Of Shares,

Common Stock (Number Of Shares, Net Of Treasury) (Details) - shares	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Common Stock [Abstract]
Statement of changes in equity - common stock	55,271,954	46,679,565	47,819,299
Less: Non-vested equity shares that have not vested (Note 12)	589,447	341,529	385,778
Number of shares, net of treasury excluding non-vested equity shares that have not vested	54,682,507	46,338,036	47,433,521

Accumulated Other Comprehensi83

Accumulated Other Comprehensive (Loss) Income (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification from accumulated other comprehensive (loss) income	$ 0	$ 0	$ 0
Selling, General and Administrative Expenses [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Release of gain on asset available for sale, tax	2.2
Release of loss on foreign currency translation reserve			$ (4.3)
Income Tax Expense [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Release of gain on asset available for sale, tax	$ 0.4

Accumulated Other Comprehensi84

Accumulated Other Comprehensive (Loss) Income (Change In Accumulated Other Comprehensive (Loss) Income Per Component) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (139,181)	$ (82,741)	$ (100,858)
Movement in foreign currency translation reserve	(49,479)	(56,862)	13,552
Release of foreign currency translation reserve related to sale/ liquidation of businesses			4,277
Unrealized gain on asset available for sale, net of tax	692	422	288
Release of gain on asset available for sale, net of taxes	(1,732)
Ending Balance	(189,700)	(139,181)	(82,741)
Accumulated Foreign Currency Translation Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(140,221)	(83,359)	(101,188)
Movement in foreign currency translation reserve	(49,479)	(56,862)	13,552
Release of foreign currency translation reserve related to sale/ liquidation of businesses			4,277
Unrealized gain on asset available for sale, net of tax
Release of gain on asset available for sale, net of taxes
Ending Balance	(189,700)	(140,221)	(83,359)
Accumulated Net Unrealized Income (Loss) On Asset Available For Sale, Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	1,040	618	330
Movement in foreign currency translation reserve
Release of foreign currency translation reserve related to sale/ liquidation of businesses
Unrealized gain on asset available for sale, net of tax	692	422	288
Release of gain on asset available for sale, net of taxes	(1,732)
Ending Balance		1,040	618
Unrealized gain on asset available for sale, tax	159	$ 97	$ 112
Release of gain on asset available for sale, tax	$ 444

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Revenue [Abstract]
Service rendered, once off receipt related to the recovery of additional implementation costs			$ 26.6
Percentage of completion method, revenue recognized	$ 0	$ 0	$ 0

Revenue (Schedule Of Revenue) (

Revenue (Schedule Of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Revenue [Abstract]
Services rendered - comprising mainly fees and commissions									$ 514,847	$ 536,046	$ 518,297
Loan-based fees received									47,117	62,235	33,560
Sale of goods - comprising mainly hardware and software sales									28,785	27,698	29,799
Revenue	$ 151,259	$ 134,736	$ 150,281	$ 154,473	$ 164,286	$ 151,121	$ 154,131	$ 156,441	$ 590,749	$ 625,979	$ 581,656

Equity Instruments Issued Pur87

Equity Instruments Issued Pursuant To BEE Transactions (Narrative) (Details) - Equity Instrument 2014 Transaction [Member] - USD ($) $ in Millions	Apr. 16, 2014	Jun. 30, 2016
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Expected volatility rate		21.04%
Risk free rate		7.90%
Expected term, in years		5 years
Estimated expected volatility calculation period, in days		30 days
Common Stock [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of shares, issued	4,400,000
Fair value of option	$ 11.3

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details)

Sep. 09, 2014USD ($)shares

Aug. 27, 2014$ / shares

Nov. 10, 2013

Nov. 10, 2012

Nov. 10, 2011

Aug. 31, 2015shares

Nov. 30, 2014USD ($)$ / sharesshares

Aug. 31, 2014USD ($)$ / sharesshares

Aug. 31, 2013shares

Dec. 31, 2017USD ($)

Jun. 30, 2016USD ($)$ / sharesshares

Jun. 30, 2015USD ($)shares

Jun. 30, 2014USD ($)shares

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

Granted, Number of shares

464,410

224,896

Award shares vested percentage

33.00%

Exercisable stock options

373,435

330,967

462,333

Stock-based compensation charge, net | $

$ 3,598,000

$ 3,195,000

$ 3,718,000

Share-based compensation, number of shares exercised

323,645

773,633

26,667

Forfeitures, Number of shares

0

0

136,420

Exercised of stock option, shares | $

$ 3,762,000

$ 2,045,000

$ 198,000

Common stock, shares issued

55,271,954

46,679,565

Expected life (in years)

3 years

3 years

3 years

Period of trading days to the trigger events

30 days

Employees [Member]

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

Share-based compensation, number of shares exercised

336,584

Net1 UTA [Member]

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

Deferred tax asset | $

$ 1,800,000

$ 1,400,000

Restricted Stock [Member]

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

Vesting period

3 years

Awards provided for vesting upon recipients continuous service through vesting date and company achieving financial performance target

0.33

Unrecognized compensation cost, expected recognition period, years

3 years

Stock Incentive Plan [Member]

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

Total number of shares of common stock issuable under plan

11,052,580

Maximum number of shares for which awards may granted during calendar year to any participant

569,120

Maximum number of shares subject to stock option awards that can be granted during calendar year

569,120

Maximum amount that can be granted in calendar year awards other than stock options | $

$ 20,000,000

Stock Options [Member]

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

Share based compensation options expiration period, in years

10 years

Granted, Number of shares

0

Exercisable stock options

572,238

Proceeds from exercise of stock options | $

$ 3,800,000

$ 2,000,000

Forfeitures, Number of shares

0

0

Unrecognized compensation cost | $

$ 800,000

Portion of stock options exercised during period

323,645

201,395

Unrecognized compensation cost, expected recognition period, years

2 years

Exercised of stock option, shares | $

$ 336,584

Risk-free rate

1.00%

0.90%

Expected volatility

60.00%

50.00%

Expected life (in years)

3 years

3 years

Expected volatility calculation term

250 days

Stock Options [Member] | Employees [Member]

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

Proceeds from exercise of stock options | $

$ 200,000

Share-based compensation, number of shares exercised

26,667

Restricted Stock [Member]

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

Granted, Number of shares

319,492

71,530

141,707

187,963

213,237

Fair value of restricted stock vested | $

$ 1,400,000

$ 3,200,000

$ 1,900,000

Forfeitures, Number of shares

7,171

Unrecognized compensation cost | $

$ 2,400,000

Risk-free rate

1.21%

1.27%

Expected volatility

63.73%

76.01%

Expected life (in years)

3 years

3 years

Future dividends | $

$ 0

$ 0

Percentage increase of common stock price on market

20.00%

Strike price | $ / shares

$ 0

$ 0

Restricted Stock [Member] | Non-employee Directors [Member]

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

Forfeitures, Number of shares

7,171

Restricted Stock [Member] | Employees [Member]

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

Granted, Number of shares

301,537

71,530

127,626

Restricted Stock [Member] | One-Third Shares Vest 2018 Fundamental EPS [Member] | Employees [Member]

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

Fundamental EPS, to be achieved | $ / shares

$ 2.88

Restricted Stock [Member] | Two-Thirds Shares Vest 2018 Fundamental EPS [Member] | Employees [Member]

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

Fundamental EPS, to be achieved | $ / shares

3.30

Restricted Stock [Member] | All Shares Vest 2018 Fundamental EPS [Member] | Employees [Member]

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

Fundamental EPS, to be achieved | $ / shares

3.76

Restricted Stock [Member] | Forecast [Member]

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

Fair value of restricted stock vested | $

$ 0

November 10, 2012 [Member] | Restricted Stock [Member]

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

Future awards provided for vesting upon recipients continuous service through vesting date and company achieving financial performance target, for November 10, 2012 and 2013

0.33

November 10, 2013 [Member] | Restricted Stock [Member]

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

Future awards provided for vesting upon recipients continuous service through vesting date and company achieving financial performance target, for November 10, 2012 and 2013

0.33

2018 Fundamental EPS [Member]

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

Fundamental EPS, linear interpolation | $ / shares

3.30

Minimum [Member] | Restricted Stock [Member]

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

Closing price, per share | $ / shares

$ 11.23

Minimum [Member] | 2018 Fundamental EPS [Member]

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

Fundamental EPS | $ / shares

2.88

Maximum [Member] | Restricted Stock [Member]

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

Closing price, per share | $ / shares

$ 19.41

Maximum [Member] | 2018 Fundamental EPS [Member]

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

Fundamental EPS | $ / shares

$ 3.76

Stock-Based Compensation (Range

Stock-Based Compensation (Range Of Assumptions Used To Value Options Granted) (Details)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)	3 years	3 years	3 years
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility		60.00%	50.00%
Expected dividends		0.00%	0.00%
Expected life (in years)		3 years	3 years
Risk-free rate		1.00%	0.90%

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarized Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Stock-Based Compensation [Abstract]
Outstanding, Number of shares, Beginning Balance			2,401,169	2,710,392	2,648,583
Exercised, Number of shares			(323,645)	(773,633)	(26,667)
Granted, Number of shares	464,410	224,896
Forfeitures, Number of Shares of Restricted Stock			0	0	(136,420)
Outstanding, Number of shares, Ending Balance			2,077,524	2,401,169	2,710,392	2,648,583
Exercisable, Number of Shares			1,692,952
Vested and expecting to vest, Number of shares			2,077,524
Outstanding, Weighted average exercise price, Beginning Balance			$ 15.34	$ 14.16	$ 15.15
Exercised, Weighted average exercise price			11.62	8.35	7
Forfeitures, Weighted average exercise price					23.51
Granted under Plan, Weighted average exercise price	$ 11.23	$ 7.35
Outstanding, Weighted average exercise price, Ending Balance			15.92	$ 15.34	$ 14.16	$ 15.15
Exercisable, Weighted average exercise price			17.17
Vested and expecting to vest, Weighted average exercise price			$ 15.92
Outstanding, Weighted average remaining contractual term (in years)			3 years 7 months 24 days	4 years 8 months 27 days	5 years 4 months 17 days	5 years 11 months 23 days
Granted under Plan, Weighted average remaining contractual term (in years)	10 years	10 years
Exercisable, Weighted Average Remaining Contractual Term (in years)			2 years 7 months 28 days
Vested and expecting to vest, Weighted Average Remaining Contractual Term (in years)			3 years 7 months 24 days
Outstanding, Aggregate Intrinsic Value, Beginning Balance			$ 11,516	$ 3,909	$ 313
Exercised, Aggregate Intrinsic Value			2,669	3,845	91
Granted under Plan, Aggregate Intrinsic Value	$ 2,113	$ 568
Outstanding, Aggregate Intrinsic Value, Ending Balance			926	$ 11,516	3,909	$ 313
Exercisable, Aggregate Intrinsic Value			728
Forfeited, Aggregate Intrinsic Value
Vested and expecting to vest, Aggregate Intrinsic Value			$ 926
Granted under Plan: August 2014, Weighted Average Grant Date Fair Value	$ 4.55	$ 2.53
Options exercise price range, lower limit			$ 7.35
Options exercise price range, upper limit			$ 24.46

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Activity) (Details) - USD ($) $ in Thousands	1 Months Ended						12 Months Ended
	Aug. 31, 2015	Feb. 28, 2015	Nov. 30, 2014	Aug. 31, 2014	Feb. 28, 2014	Aug. 31, 2013	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
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				464,410		224,896
Forfeitures, Number of Shares of Restricted Stock							0	0	(136,420)
Non-vested, Number of Shares of Restricted Stock, Ending Balance							589,447	341,529	385,778
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	405,226
Granted, Number of Shares of Restricted Stock	319,492		71,530	141,707		187,963			213,237
Vested, Number of Shares of Restricted Stock	(71,574)	(183,334)		(74,152)	(183,333)	(16,907)		(257,486)	(200,240)
Forfeitures, Number of Shares of Restricted Stock									(7,171)
Non-vested, Number of Shares of Restricted Stock, Ending Balance							589,447	341,529	385,778
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance							$ 1,759	$ 3,534	$ 4,393
Granted, Weighted Average Grant Date Fair Value	$ 6,406		$ 229	$ 581		$ 1,382
Vested, Weighted Average Grant Date Fair Value	$ 1,435	$ 2,400		$ 828	$ 1,742	$ 161
Forfeitures, Weighted Average Grant Date Fair Value									84
Non-vested, Weighted Average Grant Date Fair Value, Ending Balance							$ 7,622	$ 1,759	$ 3,534

Stock-Based Compensation (Recor

Stock-Based Compensation (Recorded Net Stock Compensation Charge) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge	$ 3,598	$ 3,195	$ 3,724
Reversal of stock compensation charge related to restricted stock forfeited			(6)
Total	3,598	3,195	3,718
Allocated To Selling, General And Administration [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge	3,598	3,195	3,724
Reversal of stock compensation charge related to restricted stock forfeited			(6)
Total	$ 3,598	$ 3,195	$ 3,718

Deconsolidation Of Businesses93

Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business (Narrative) (Details) $ in Thousands	Jun. 01, 2015	Jun. 17, 2014	Jul. 31, 2014USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2016item	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business							$ (55)
Cash received from sale of business						$ 1,895	186
MediKredit [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business							4,125
Number of tranches, sale price received | item					3
Percent of sales price received, reporting period		57.00%
Percent of sales price received, year 2	14.00%
Threshold dollar amount of services provided before cost will be incurred							300
Gain from foreign currency transaction reserve							2,000
Transaction-related expenditure							10
Contingent obligation				$ 0		$ 0	0
NUETS [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business							2,081
Transaction-related expenditure							60
Total cash received from sale of business				2,200
Cash received from sale of business			$ 1,900	$ 200
Net1 UTA [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business							$ (6,261)

Deconsolidation Of Businesses94

Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business (Profit (Loss) On Deconsolidation Of Businesses Sold Or Liquidated And Disposal Of Business) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2014USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business	$ (55)
MediKredit [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business	4,125
NUETS [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business	2,081
Net1 UTA [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Profit (loss) on deconsolidation of businesses sold or liquidated and disposal of business	$ (6,261)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Deferred tax assets	$ 12,820	$ 13,168
Unused foreign tax credits	$ 0	0
Foreign tax credits expiration period	10 years
Valuation allowances	$ 38,834	22,550
Unrecognized tax benefit	1,900	2,300
Changes in enacted tax rate	0	0	$ 0
Accrued interest related to uncertain tax positions	$ 100	$ 300

Income Taxes (Components Of Inc

Income Taxes (Components Of Income Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Tax [Line Items]
Income before income taxes	$ 126,237	$ 140,418	$ 109,142
South Africa [Member]
Income Tax [Line Items]
Income before income taxes	119,097	137,138	121,338
United States [Member]
Income Tax [Line Items]
Income before income taxes	(5,915)	(7,286)	(9,923)
Other [Member]
Income Tax [Line Items]
Income before income taxes	$ 13,055	$ 10,566	$ (2,273)

Income Taxes (Provisions For In

Income Taxes (Provisions For Income Taxes By Location Of Taxing Jurisdiction) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Tax [Line Items]
Current income tax	$ 88,807	$ 48,795	$ 61,902
Deferred taxation (benefit) charge	(161)	(2,292)	(7,887)
Capital gains tax			202
Foreign tax credits generated-United States	(46,566)	(2,367)	(14,838)
Income tax provision	42,080	44,136	39,379
South Africa [Member]
Income Tax [Line Items]
Current income tax	31,815	39,901	41,326
Deferred taxation (benefit) charge	3,044	398	(3,345)
United States [Member]
Income Tax [Line Items]
Current income tax	50,750	3,109	14,838
Deferred taxation (benefit) charge	(274)	485	(107)
Other [Member]
Income Tax [Line Items]
Current income tax	6,242	5,785	5,738
Deferred taxation (benefit) charge	$ (2,931)	$ (3,175)	$ (4,435)

Income Taxes (Reconciliation Of

Income Taxes (Reconciliation Of Income Taxes) (Details)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Income taxes at fully-distributed South African tax rate	28.00%	28.00%	28.00%
Non-deductible items	0.38%	2.36%	4.71%
Foreign tax rate differential	7.42%	0.06%	1.89%
Foreign tax credits	(36.88%)	(1.68%)	(13.59%)
Taxation on deemed dividends in United States	34.60%	3.46%	13.46%
Capital gains tax paid	0.00%	0.00%	0.19%
Movement in valuation allowance	(0.09%)	(0.08%)	1.23%
Prior year adjustments	(0.09%)	(0.69%)	0.19%
Income tax provision	33.34%	31.43%	36.08%

Income Taxes (Schedule Of Defer

Income Taxes (Schedule Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Income Taxes [Abstract]
Net operating loss carryforwards	$ 1,982	$ 1,216
Provisions and accruals	4,245	5,653
FTS patent	496	691
Intangible assets	733	616
Foreign tax credits	36,750	20,212
Other	7,448	7,330
Total deferred tax assets before valuation allowance	51,654	35,718
Valuation allowances	(38,834)	(22,550)
Total deferred tax assets, net of valuation allowance	12,820	13,168
Intangible assets	11,799	11,510
Other	6,624	4,924
Total deferred tax liabilities	18,423	16,434
Current deferred tax assets	6,956	7,298
Long term deferred tax liabilities	12,559	10,564
Net deferred income tax liabilities	$ 5,603	$ 3,266

Income Taxes (Movement In Valua

Income Taxes (Movement In Valuation Allowance) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances, Balance, Beginning Balance	$ 22,550	$ 25,153
Reversed to statement of operations		(3,126)
Charged to statement of operations	16,537	794
Utilized	(128)	(128)
Foreign currency adjustment	(125)	(143)
Valuation Allowances, Balance, Ending Balance	38,834	22,550
Foreign Tax Credits [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances, Balance, Beginning Balance	20,211	23,337
Reversed to statement of operations		(3,126)
Charged to statement of operations	16,537
Utilized
Foreign currency adjustment
Valuation Allowances, Balance, Ending Balance	36,748	20,211
Tax Deductible Goodwill [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances, Balance, Beginning Balance
Reversed to statement of operations
Charged to statement of operations
Utilized
Foreign currency adjustment
Valuation Allowances, Balance, Ending Balance
Net Operating Loss Carry-forwards [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances, Balance, Beginning Balance	1,088	1,244
Reversed to statement of operations
Charged to statement of operations
Utilized	(128)	(128)
Foreign currency adjustment	(29)	(28)
Valuation Allowances, Balance, Ending Balance	931	1,088
FTS Patent [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances, Balance, Beginning Balance	254	369
Reversed to statement of operations
Charged to statement of operations
Utilized
Foreign currency adjustment	(96)	(115)
Valuation Allowances, Balance, Ending Balance	158	254
Other [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances, Balance, Beginning Balance	997	203
Reversed to statement of operations
Charged to statement of operations		794
Utilized
Foreign currency adjustment
Valuation Allowances, Balance, Ending Balance	$ 997	$ 997

Income Taxes (Schedule Of Opera

Income Taxes (Schedule Of Operating Loss Carryforwards) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Income Taxes [Abstract]
US net operating loss carry forwards, expiring in 2025	$ 2,608

Income Taxes (Schedule Of Recon

Income Taxes (Schedule Of Reconciliation Of Total Amounts Of Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Unrecognized tax benefits - opening balance	$ 2,322	$ 1,160	$ 1,150
Gross decreases - tax positions in prior periods	(609)
Gross increase - tax positions in current period	641	1,311	38
Lapse of statute limitations
Foreign currency adjustment	(424)	(149)	(28)
Unrecognized tax benefits - closing balance	$ 1,930	$ 2,322	$ 1,160

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - $ / shares	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
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 earnings per share		1,597,751
Options exercise price range, lower limit		$ 11.23
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, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income attributable to Net1	$ 24,356	$ 18,420	$ 16,658	$ 23,020	$ 23,914	$ 24,358	$ 22,374	$ 24,089	$ 82,454	$ 94,735	$ 70,111
Undistributed earnings									$ 82,454	$ 94,735	$ 70,111
Percent allocated to common shareholders (Calculation 1)									99.00%	99.00%	99.00%
Numerator for earnings per share: basic and diluted									$ 81,370	$ 93,750	$ 69,376
Denominator for basic earnings per share: weighted-average common shares outstanding									47,234	46,247	45,997
Effect of dilutive securities: Stock options									242	152	119
Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion									47,476	46,399	46,116
Earnings per share: Basic	$ 0.48	$ 0.40	$ 0.35	$ 0.49	$ 0.51	$ 0.52	$ 0.48	$ 0.51	$ 1.72	$ 2.03	$ 1.51
Earnings per share: Diluted	$ 0.47	$ 0.39	$ 0.35	$ 0.48	$ 0.51	$ 0.52	$ 0.48	$ 0.51	$ 1.71	$ 2.02	$ 1.50
Basic weighted-average common shares outstanding (A)									47,234	46,247	45,997
Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)									47,863	46,733	46,484

Supplemental Cash Flow Infor105

Supplemental Cash Flow Information (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 01, 2016	Jan. 20, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	May 31, 2015	Sep. 09, 2014
Treasury shares, cost			$ 27,107	$ 9,151	$ 24,858
Exercised, Number of shares			323,645	773,633	26,667
Common stock, shares issued			55,271,954	46,679,565
Closing price, per share							$ 13.93
Proceeds from sale of business				$ 1,895	$ 186
Subsequent Event [Member]
Treasury shares, acquired	47,056
Treasury shares, cost	$ 500
Transact24 [Member]
Shares issued in acquisition		391,645
Fair value of shares issued in acquisition		$ 4,000
Percentage acquired in acquisition		56.00%				44.00%
Employees [Member]
Exercised, Number of shares				336,584

Supplemental Cash Flow Infor106

Supplemental Cash Flow Information (Schedule Of Supplemental Cash Flow Disclosures) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Supplemental Cash Flow Information [Abstract]
Cash received from interest	$ 15,262	$ 16,399	$ 14,703
Cash paid for interest	3,439	4,360	6,969
Cash paid for income taxes	$ 42,123	$ 45,459	$ 42,417

Supplemental Cash Flow Infor107

Supplemental Cash Flow Information (Cash Flow Movements If Cash Had Been Transferred) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Other Significant Noncash Transactions [Line Items]
Issue of shares of the Company's common stock to BEE partners	$ 111,444	$ 2,045	$ 198
Purchase of shares from BEE partners	$ (26,637)	$ (9,151)
Black Economic Empowerment [Member] | If Cash Had Actually Flowed Between The Parties [Member]
Other Significant Noncash Transactions [Line Items]
Loans provided to BEE partners			(25,054)
Loans repaid by BEE partners			24,574
Issue of shares of the Company's common stock to BEE partners			25,054
Purchase of shares from BEE partners			$ (24,858)

Operating Segments (Narrative)

Operating Segments (Narrative) (Details) $ in Millions	12 Months Ended
	Jun. 30, 2016USD ($)segmentcustomer	Jun. 30, 2015customer	Jun. 30, 2014customer
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
Individually significant customer minimum revenue threshold percentage	10.00%
Number of customers accounting for more than ten percent of total revenue | customer	1	1	1
Percentage of customer revenue of total revenue	21.00%	24.00%	27.00%
Finbond [Member]
Segment Reporting Information [Line Items]
Gain from change in accounting	$ 2.2
Transact24 [Member]
Segment Reporting Information [Line Items]
Fair value gain from acquisition	$ 1.9

Operating Segments (Reconciliat

Operating Segments (Reconciliation Of Reportable Segments Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 151,259	$ 134,736	$ 150,281	$ 154,473	$ 164,286	$ 151,121	$ 154,131	$ 156,441	$ 590,749	$ 625,979	$ 581,656
South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									194,959	215,931	250,034
International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									169,807	164,554	152,725
Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									225,983	245,494	178,897
Reportable Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									631,784	673,606	621,897
Reportable Segment [Member] | South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									212,574	236,452	261,577
Reportable Segment [Member] | International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									169,807	164,554	152,725
Reportable Segment [Member] | Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									249,403	272,600	207,595
Inter-Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									(41,035)	(47,627)	(40,241)
Inter-Segment [Member] | South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									(17,615)	(20,521)	(11,543)
Inter-Segment [Member] | International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues
Inter-Segment [Member] | Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									$ (23,420)	$ (27,106)	$ (28,698)

Operating Segments (Reconcil110

Operating Segments (Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	$ 32,183	$ 26,191	$ 24,779	$ 31,215	$ 32,613	$ 31,966	$ 30,815	$ 33,125	$ 114,368	$ 128,519	$ 101,798
Interest income									15,292	16,355	14,817
Interest expense									(3,423)	(4,456)	(7,473)
Income before income taxes									126,237	140,418	109,142
Reportable Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)									129,774	150,538	144,038
Corporate/Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)									$ (15,406)	$ (22,019)	$ (42,240)

Operating Segments (Summary Of

Operating Segments (Summary Of Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 151,259	$ 134,736	$ 150,281	$ 154,473	$ 164,286	$ 151,121	$ 154,131	$ 156,441	$ 590,749	$ 625,979	$ 581,656
Operating income (loss)	$ 32,183	$ 26,191	$ 24,779	$ 31,215	$ 32,613	$ 31,966	$ 30,815	$ 33,125	114,368	128,519	101,798
Depreciation and amortization									40,394	40,685	40,286
Expenditures for long-lived assets									35,797	36,436	23,906
Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues									631,784	673,606	621,897
Operating income (loss)									129,774	150,538	144,038
Depreciation and amortization									29,167	25,747	23,733
Expenditures for long-lived assets									35,797	36,436	23,906
Corporate/Eliminations [Member]
Segment Reporting Information [Line Items]
Operating income (loss)									(15,406)	(22,019)	(42,240)
Depreciation and amortization									11,227	14,938	16,553
South African Transaction Processing [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues									212,574	236,452	261,577
Operating income (loss)									51,386	51,008	61,401
Depreciation and amortization									6,157	7,093	7,036
Expenditures for long-lived assets									5,101	7,008	3,425
International Transaction Processing [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues									169,807	164,554	152,725
Operating income (loss)									23,389	26,805	21,952
Depreciation and amortization									21,852	17,846	15,823
Expenditures for long-lived assets									28,029	28,205	19,393
Financial Inclusion And Applied Technologies [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues									249,403	272,600	207,595
Operating income (loss)									54,999	72,725	60,685
Depreciation and amortization									1,158	808	874
Expenditures for long-lived assets									$ 2,667	$ 1,223	$ 1,088

Operating Segments (Revenue Bas

Operating Segments (Revenue Based On Geographic Location) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 151,259	$ 134,736	$ 150,281	$ 154,473	$ 164,286	$ 151,121	$ 154,131	$ 156,441	$ 590,749	$ 625,979	$ 581,656
South Africa [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									422,022	461,425	428,931
South Korea [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									158,609	160,853	146,667
Rest Of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									$ 10,118	$ 3,701	$ 6,058

Operating Segments (Long-Lived

Operating Segments (Long-Lived Assets Based On Geographical Location) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015		Jun. 30, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 339,777	$ 322,634	[1]	$ 365,367	[1]
Long-lived assets increased by		27,400		23,300
South Africa [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	69,213	72,467	[1]	105,627	[1]
South Korea [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	221,459	230,109	[1]	253,147	[1]
Rest Of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 49,105	$ 20,058	[1]	$ 6,593	[1]
[1]	As described in Note 1, during the year ended June 30, 2016, the Company identified a balance sheet misclassification between current assets and long-term assets. Long-lived assets for fiscal 2015 and 2014, have been restated, and have increased by $27.4 million and $23.3 million, respectively.

Commitments And Contingencie114

Commitments And Contingencies (Narrative) (Details) ZAR in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2016ZAR	Jun. 30, 2016USD ($)
Guarantor Obligations [Line Items]
Operating lease payments	$ 8	$ 6.8	$ 7.5
Capital commitments		3.4			$ 0.1
Purchase obligations		$ 5			$ 3.1
Guarantee [Member] | Minimum [Member]
Guarantor Obligations [Line Items]
Charge rate				0.40%	0.40%
Guarantee [Member] | Maximum [Member]
Guarantor Obligations [Line Items]
Charge rate				2.00%	2.00%
Counter Guarantee [Member]
Guarantor Obligations [Line Items]
Guarantee amount				ZAR 127.4	$ 8.6
Nedbank [Member] | Guarantee [Member]
Guarantor Obligations [Line Items]
Guarantee amount				ZAR 127.4	$ 8.6

Commitments And Contingencie115

Commitments And Contingencies (Future Minimum Payments Under Operating Leases) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Commitments And Contingencies [Abstract]
Due within 1 year	$ 5,334
Due within 2 years	3,258
Due within 3 years	790
Due within 4 years	89
Due within 5 years

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Related Party Transaction [Line Items]
Accounts receivables from related parties	$ 26,572	$ 25,998	[1]
Transact24 [Member]
Related Party Transaction [Line Items]
Revenue from related parties		$ 1,900
Accounts receivables from related parties	400
Managing Director Spouse [Member]
Related Party Transaction [Line Items]
Transaction amount from related parties	$ 100
[1]	Receivables from the sale of prepaid products of $18,448 as of June 30, 2015, have been reclassified from Other receivables to Accounts receivable, trade, gross.

Unaudited Quarterly Results (Sc

Unaudited Quarterly Results (Schedule Of Unaudited Consolidated Statements Of Operations) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Unaudited Quarterly Results [Abstract]
Revenue	$ 151,259	$ 134,736	$ 150,281	$ 154,473	$ 164,286	$ 151,121	$ 154,131	$ 156,441	$ 590,749	$ 625,979	$ 581,656
Operating income	32,183	26,191	24,779	31,215	32,613	31,966	30,815	33,125	114,368	128,519	101,798
Net income attributable to Net1	$ 24,356	$ 18,420	$ 16,658	$ 23,020	$ 23,914	$ 24,358	$ 22,374	$ 24,089	$ 82,454	$ 94,735	$ 70,111
Basic earnings attributable to Net1 shareholders	$ 0.48	$ 0.40	$ 0.35	$ 0.49	$ 0.51	$ 0.52	$ 0.48	$ 0.51	$ 1.72	$ 2.03	$ 1.51
Diluted earnings attributable to Net1 shareholders	$ 0.47	$ 0.39	$ 0.35	$ 0.48	$ 0.51	$ 0.52	$ 0.48	$ 0.51	$ 1.71	$ 2.02	$ 1.50