Lesaka (LSAK) 10-Q 4 May 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2017	May 02, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Entity Registrant Name	NET 1 UEPS TECHNOLOGIES INC
Entity Central Index Key	1,041,514
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		57,590,085

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016	[1]
CURRENT ASSETS
Cash and cash equivalents (Note 15)	$ 222,972	$ 223,644
Restricted cash (Note 15)	44,735
Pre-funded social welfare grants receivable (Note 3)	1,615	1,580
Accounts receivable, net of allowances of - March: $3,362; June : $1,669	122,540	107,805
Finance loans receivable, net of allowances of - March: $3,536; June: $4,494	43,539	37,009
Inventory (Note 4)	10,560	10,004
Deferred income taxes	6,841	6,956
Total current assets before settlement assets	452,802	386,998
Settlement assets (Note 5)	513,713	536,725
Total current assets	966,515	923,723
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of - March: $124,527; June: $99,969	43,901	54,977
EQUITY-ACCOUNTED INVESTMENTS	38,920	25,645
GOODWILL (Note 7)	190,174	179,478
INTANGIBLE ASSETS, net (Note 7)	42,904	48,556
OTHER LONG-TERM ASSETS, including reinsurance assets (Note 6 and Note 8)	39,281	31,121
TOTAL ASSETS	1,321,695	1,263,500
CURRENT LIABILITIES
Short-term credit facilities (Note 9)
Accounts payable	13,555	14,097
Other payables	38,319	37,479
Current portion of long-term borrowings (Note 10)	8,941	8,675
Income taxes payable	11,223	5,235
Total current liabilities before settlement obligations	72,038	65,486
Settlement obligations (Note 5)	513,713	536,725
Total current liabilities	585,751	602,211
DEFERRED INCOME TAXES	11,143	12,559
LONG-TERM BORROWINGS (Note 10)	16,335	43,134
OTHER LONG-TERM LIABILITIES, including insurance policy liabilities (Note 8)	2,725	2,376
TOTAL LIABILITIES	615,954	660,280
COMMITMENTS AND CONTINGENCIES (Note 18)
EQUITY
COMMON STOCK (Note 11) Authorized: 200,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury - March: 57,590,085; June: 55,271,954	79	74
PREFERRED STOCK Authorized shares: 50,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury: March: -; June: -
ADDITIONAL PAID-IN CAPITAL	269,533	223,978
TREASURY SHARES, AT COST: March: 23,621,541; June: 20,483,932	(273,238)	(241,627)
ACCUMULATED OTHER COMPREHENSIVE LOSS (Note 12)	(164,510)	(189,700)
RETAINED EARNINGS	761,987	700,322
TOTAL NET1 EQUITY	593,851	493,047
REDEEMABLE COMMON STOCK	107,672	107,672
NON-CONTROLLING INTEREST	4,218	2,501
TOTAL EQUITY	705,741	603,220
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,321,695	$ 1,263,500
[1]	Derived from audited financial statements

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Condensed Consolidated Balance Sheets [Abstract]
Accounts receivable, allowances	$ 3,362	$ 1,669
Finance loans receivable, allowances	3,536	4,494
Property, plant and equipment, accumulated depreciation	$ 124,527	$ 99,969
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	57,590,085	55,271,954
Common stock, shares outstanding	57,590,085	55,271,954
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued
Preferred stock, shares outstanding
Treasury shares, shares outstanding	23,621,541	20,483,932

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidated Statements Of Operations [Abstract]
REVENUE	$ 147,944	$ 134,736	$ 455,010	$ 439,490
EXPENSE
Cost of goods sold, IT processing, servicing and support	70,912	63,266	219,210	219,316
Selling, general and administration	42,195	35,998	122,366	108,007
Depreciation and amortization	10,290	9,281	31,117	29,982
OPERATING INCOME	24,547	26,191	82,317	82,185
INTEREST INCOME	5,124	3,345	14,489	11,284
INTEREST EXPENSE	467	852	1,773	2,880
INCOME BEFORE INCOME TAX EXPENSE	29,204	28,684	95,033	90,589
INCOME TAX EXPENSE (Note 17)	10,233	9,816	32,320	31,306
NET INCOME BEFORE EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	18,971	18,868	62,713	59,283
EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS	45	2	778	578
NET INCOME	19,016	18,870	63,491	59,861
LESS NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST	624	450	1,826	1,763
NET INCOME ATTRIBUTABLE TO NET1	$ 18,392	$ 18,420	$ 61,665	$ 58,098
Net income per share, in U.S. dollars: (Note 14)
Basic earnings attributable to Net1 shareholders	$ 0.34	$ 0.40	$ 1.16	$ 1.24
Diluted earnings attributable to Net1 shareholders	$ 0.34	$ 0.40	$ 1.16	$ 1.23

Condensed Consolidated Stateme5

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 19,016	$ 18,870	$ 63,491	$ 59,861
Other comprehensive income (loss)
Net unrealized income on asset available for sale, net of tax		642		692
Movement in foreign currency translation reserve	24,158	14,359	25,694	(46,297)
Total other comprehensive income (loss), net of taxes	24,158	15,001	25,694	(45,605)
Comprehensive income	43,174	33,871	89,185	14,256
Less comprehensive income attributable to non-controlling interest	(649)	(509)	(2,330)	(1,359)
Comprehensive income attributable to Net1	$ 42,525	$ 33,362	$ 86,855	$ 12,897

Condensed Consolidated Stateme6

Condensed Consolidated Statement Of Changes In Equity - 9 months ended Mar. 31, 2017 - USD ($)	Common And Treasury 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, 2016	75,755,886	(20,483,932)	55,271,954
Balance at Jun. 30, 2016	$ 74,000	$ (241,627,000)		$ 223,978,000	$ 700,322,000	$ (189,700,000)	$ 493,047,000	$ 107,672,000	$ 2,501,000	$ 603,220,000	[1]
Sale of common stock (Note 11)	$ 5,000		$ 5,000,000	44,995,000			45,000,000			45,000,000
Sale of common stock (Note 11), shares	5,000,000
Repurchase of common stock (Note 11)		$ (31,611,000)					(31,611,000)			(31,611,000)
Repurchase of common stock (Note 11), shares		(3,137,609)	(3,137,609)
Restricted stock granted (Note 13), shares	387,000		387,000
Exercise of stock option (Note 13)				629,000			629,000			$ 629,000
Exercise of stock option (Note 13), Number of Shares	68,740		68,740							68,740
Stock-based compensation charge (Note 13)				1,759,000			1,759,000			$ 1,759,000
Reversal of stock compensation charge (Note 13)				(1,827,000)			(1,827,000)			(1,827,000)
Utilization of APIC pool related to vested restricted stock				(1,000)			(1,000)			(1,000)
Dividends paid to non-controlling interest									(613,000)	(613,000)
Net income					61,665,000		61,665,000		1,826,000	63,491,000
Other comprehensive income (Note 12)						25,190,000	25,190,000		504,000	$ 25,694,000
Balance, Number of Shares at Mar. 31, 2017	81,211,626	(23,621,541)	57,590,085							57,590,085
Balance at Mar. 31, 2017	$ 79,000	$ (273,238,000)		$ 269,533,000	$ 761,987,000	$ (164,510,000)	$ 593,851,000	$ 107,672,000	$ 4,218,000	$ 705,741,000
[1]	Derived from audited financial statements

Condensed Consolidated Stateme7

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities
Net income	$ 19,016	$ 18,870	$ 63,491	$ 59,861
Depreciation and amortization	10,290	9,281	31,117	29,982
Earnings from equity-accounted investments	(45)	(2)	(778)	(578)
Fair value adjustments	(50)	(2,387)	(61)	613
Interest payable	75	343	84	1,697
Profit on disposal of property, plant and equipment	(98)	(29)	(571)	(113)
Gain on fair value of T24		(1,909)		(1,909)
Stock-based compensation charge (reversal), net (Note 13)	621	954	(68)	2,645
Facility fee amortized	27	34	94	103
Dividends received from equity-accounted investments			370
(Increase) Decrease in accounts receivable, pre-funded social welfare grants receivable and finance loans receivable	(16,612)	15,914	(2,261)	(15,211)
Decrease (Increase) in inventory	3,893	(340)	308	(495)
Decrease (Increase) in accounts payable and other payables	(1,486)	4,009	(4,386)	1,563
Increase in taxes payable	6,678	4,479	5,819	3,444
Decrease in deferred taxes	(506)	(19)	(1,752)	(256)
Net cash provided by operating activities	21,803	49,198	91,406	81,346
Cash flows from investing activities
Capital expenditures	(1,949)	(8,053)	(8,498)	(28,698)
Proceeds from disposal of property, plant and equipment	330	136	1,344	753
Investment in MobiKwik			(15,347)
Loans to equity accounted investments (Note 6)	(2,000)		(12,044)
Acquisitions, net of cash acquired (Note 2)		(1,666)	(4,651)	(1,666)
Acquisition of available for sale securities		(8,900)		(8,900)
Other investing activities		(5)		(5)
Net change in settlement assets (Note 5)	(165,945)	(111,118)	54,827	171,516
Net cash (used in) provided by investing activities	(169,564)	(129,606)	15,631	133,000
Cash flows from financing activities
Proceeds from issue of common stock (Note 11 and Note 13)	45,629		45,629	3,762
Acquisition of treasury stock (Note 11)		(12,726)	(32,081)	(23,912)
Repayment of long-term borrowings (Note 10)			(28,493)
Guarantee fee paid (Note 10)			(1,145)
Dividends paid to non-controlling interest			(613)
Long-term borrowings utilized (Note 10)	274	676	521	2,107
Net change in settlement obligations (Note 5)	165,955	111,118	(54,817)	(171,516)
Net cash used in (provided by) financing activities	211,858	99,068	(70,999)	(189,559)
Effect of exchange rate changes on cash	4,719	3,192	8,025	(19,101)
Net increase in cash, cash equivalents and restricted cash	68,816	21,852	44,063	5,686
Cash, cash equivalents and restricted cash - beginning of period	198,891	101,417	223,644	117,583
Cash, cash equivalents and restricted cash - end of period (Note 15)	$ 267,707	$ 123,269	$ 267,707	$ 123,269

Basis Of Presentation And Summa

Basis Of Presentation And Summary Of Significant Accounting Policies	9 Months Ended
	Mar. 31, 2017
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation And Summary Of Significant Accounting Policies	1. Basis of Presentation and Summary of Significant Accounting Policies Unaudited Interim Financial Information The accompanying unaudited condensed consolidated financial statements include all majority-owned subsidiaries over which the Company exercises control and have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") and the rules and regulations of the United States Securities and Exchange Commission for Quarterly Reports on Form 10-Q and include all of the information and disclosures required for interim financial reporting. The results of operations for the three and nine months ended March 31, 2017 and 2016, are not necessarily indicative of the results for the full year. The Company believes that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the financial statements, accounting policies and financial notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2015. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair representation of financial results for the interim periods presented. References to the "Company" refer to Net1 and its consolidated subsidiaries, collectively, unless the context otherwise requires. References to "Net1" are references solely to Net 1 UEPS Technologies, Inc. Recent accounting pronouncements adopted 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. The adoption of this guidance did not have a material impact on the Company's financial statements. In November 2016, the FASB issued guidance regarding Restricted Cash - a consensus of the FASB Emerging Issues Task Force. This guidance amends current guidance to add or clarify the classification and presentation of restricted cash in the statement of cash flows. The guidance is effective for the Company beginning July 1, 2018, however the Company has early adopted the guidance, effective December 31, 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 March 31, 2017 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 to be 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 March 2017. Public companies may elect to adopt the standard along the original timeline. The guidance is effective for the Company beginning July 1, 2018. 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 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 include 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, an 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. In June 2016, the FASB issued guidance regarding Classification of Certain Cash Receipts and Cash Payments . The guidance is intended to reduce diversity in practice and explains how certain cash receipts and payments are presented and classified in the statement of cash flows, including beneficial interests in securitization, which would impact the presentation of the deferred purchase price from sales of receivables. This guidance is effective for the Company beginning July 1, 2018, and must be applied retrospectively. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In January 2017, the FASB issued guidance regarding Clarifying the Definition of a Business. This guidance provides a more robust framework to use in determining when a set of assets and activities is a business. Because the current definition of a business is interpreted broadly and can be difficult to apply, stakeholders indicated that analyzing transactions is inefficient and costly and that the definition does not permit the use of reasonable judgment. The amendments provide more consistency in applying the guidance, reduce the costs of application, and make the definition of a business more operable. The guidance is effective for the Company beginning July 1, 2018. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In January 2017, the FASB issued guidance regarding Simplifying the Test for Goodwill Impairment. This guidance removes the requirement for an entity to calculate the implied fair value of goodwill (as part of step 2 of the current goodwill impairment test) in measuring a goodwill impairment loss. The guidance is effective for the Company beginning July 1, 2020. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently assessing the impact of this guidance on its financial statements disclosure

Acquisitions

Acquisitions	9 Months Ended
	Mar. 31, 2017
Acquisitions [Abstract]
Acquisitions	2. Acquisitions The cash paid, net of cash received related to the Company's various acquisitions during the nine months ended March 31, 2017, are summarized in the table below: 2017 C4U-Malta Limited ("C4U Malta") $ 2,940 Pros Software (Pty) Ltd ("Pros Software") 1,711 Total cash paid, net of cash received $ 4,651 C4U Malta In November 2016 100 3.9 3.6 Pros Software In October 2016 100 25.0 1.8 The preliminary purchase price allocation of the C4U Malta and Pros Software acquisitions, translated at the foreign exchange rates applicable on the date of acquisition, is provided in the table below: C4U Malta Pros Software Total Cash and cash equivalents $ 999 $ 110 $ 1,109 Accounts receivable 983 165 1,148 Property, plant and equipment, net 30 9 39 Intangible assets (Note 7) 1,078 2,311 3,389 Goodwill (Note 7) 2,475 - 2,475 Accounts payables and other payables (1,570 ) (58 ) (1,628 ) Income taxes payable - (69 ) (69 ) Deferred tax liabilities (56 ) (647 ) (703 ) Total purchase price $ 3,939 $ 1,821 $ 5,760 The preliminary purchase price allocations are based on management estimates as of March 31, 2017, and may be adjusted up to one year following the closing of the C4U Malta and Pros Software acquisitions. The Company expects to finalize the purchase price allocation on or before June 30, 2017. Pro forma results of operations have not been presented because the effect of the C4U Malta and Pros Software acquisitions, individually and in the aggregate, were not material to the Company. During the nine months ended March 31, 2017, the Company incurred acquisition-related expenditure of $ 0.2 0.2 0.4 0.4 1.2

Pre-Funded Social Welfare Grant

Pre-Funded Social Welfare Grants Receivable	9 Months Ended
	Mar. 31, 2017
Pre-Funded Social Welfare Grants Receivable [Abstract]
Pre-Funded Social Welfare Grants Receivable	3. 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 April 2017 payment service commenced on April 1, 2017, but the Company pre-funded certain merchants participating in the merchant acquiring system on March 31, 2017.

Inventory

Inventory	9 Months Ended
	Mar. 31, 2017
Inventory [Abstract]
Inventory	4. Inventory The Company's inventory comprised the following category as of March 31, 2017 and June 30, 2016. March 31, June 30, 2017 2016 Finished goods $ 10,560 $ 10,004 $ 10,560 $ 10,004

Settlement Assets And Settlemen

Settlement Assets And Settlement Obligations	9 Months Ended
	Mar. 31, 2017
Settlement Assets And Settlement Obligations [Abstract]
Settlement Assets And Settlement Obligations	5. 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 beneficiaries of social welfare grants, and (2) amounts that the Company is obligated to pay to customer employees, payroll-related payees and other payees designated by the customer. The balances at each reporting date may vary widely depending on the timing of the receipts and payments of these assets and obligations. Net change in settlement assets and net change in settlement obligations included in the unaudited condensed consolidated statement of cash flows for the three and nine months ended March 31, 2016, have been increased by $ 19.7 59.5

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	9 Months Ended
	Mar. 31, 2017
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	6. Fair value of financial instruments Initial recognition and measurement Financial instruments are recognized when the Company becomes a party to the transaction. Initial measurements are at cost, which includes transaction costs. Risk management The Company seeks to reduce its exposure to currencies other than the South African rand 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 of 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. Microlending credit risk The Company is exposed to credit risk in its microlending activities, which provides unsecured short-term loans to qualifying customers. The Company manages this risk by performing an affordability test for each prospective customer and assigns a "creditworthiness score", which takes into account a variety of factors such as other debts and total expenditures on normal household and lifestyle expenses. Equity price and liquidity risk Equity price risk relates to the risk of loss that the Company would incur as a result of the volatility in the exchange-traded price of equity securities that it holds and the risk that it may not be able to liquidate these securities. The market price of these securities may fluctuate for a variety of reasons, consequently, the amount the Company may obtain in a subsequent sale of these securities may significantly differ from the reported market value. Liquidity risk relates to the risk of loss that the Company would incur as a result of the lack of liquidity on the exchange on which these securities are listed. The Company may not be able to sell some or all of these securities at one time, or over an extended period of time without influencing the exchange traded price, or at all. Financial instruments The following section describes the valuation methodologies the Company uses to measure its significant financial assets and liabilities at fair value. In general, and where applicable, the Company uses quoted prices in active markets for identical assets or liabilities to determine fair value. This pricing methodology applies to Level 1 investments. If quoted prices in active markets for identical assets or liabilities are not available to determine fair value, then the Company uses quoted prices for similar assets and liabilities or inputs other than the quoted prices that are observable either directly or indirectly. These investments are included in Level 2 investments. In circumstances in which inputs are generally unobservable, values typically reflect management's estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques. Investments valued using such techniques are included in Level 3 investments. 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 March 31, 2017 None. 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 The following table presents the Company's assets measured at fair value on a recurring basis as of March 31, 2017, 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 $ 605 $ - $ - $ 605 Other - 38 - 38 Total assets at fair value $ 605 $ 38 $ - $ 643 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 Changes in the Company's investment in Finbond Group Limited, or Finbond (Level 3 that are measured at fair value on a recurring basis) were insignificant during the nine months ended March 31, 2016. There have been no 3 , 2017 and during the three months ended March 31, 2016, respectively. Assets and liabilities measured at fair value on a nonrecurring basis The Company measures its assets at fair value on a nonrecurring basis when they are deemed to be other-than-temporarily impaired. The Company has no liabilities that are measured at fair value on a nonrecurring basis. The Company reviews the carrying values of its assets when events and circumstances warrant and considers all available evidence in evaluating when declines in fair value are other-than-temporary. The fair values of the Company's assets are determined using the best information available, and may include quoted market prices, market comparables, and discounted cash flow projections. An impairment charge is recorded when the cost of the assets exceeds its fair value and the excess is determined to be other-than-temporary. The Company has not recorded any impairment charges during the reporting periods presented herein. Equity accounted investments Finbond On October 7, 2016, the Company provided a loan of ZAR 139.2 10.0 10.00 1.064 Strategic investments Bank Frick On January 12, 2017, the Company entered into a share purchase agreement with the Kuno Frick Family Foundation ("Frick Foundation") to acquire a 30 39.8 39.7 35 Bank Frick provides a complete suite of banking services, with one of its key strategic pillars being the provision of payment services and funding of financial technology opportunities. Bank Frick holds acquiring licenses from both Visa and MasterCard and operates a branch in London. The Company and Bank Frick have jointly identified several funding opportunities, including for the Company's working capital finance, card issuing and acquiring and transaction processing activities. The pending investment in Bank Frick has the potential to provide the Company with a stable, long term and strategic relationship with a fully licensed bank. The Company and Bank Frick have agreed that approximately $ 30

Goodwill And Intangible Assets,

Goodwill And Intangible Assets, Net	9 Months Ended
	Mar. 31, 2017
Goodwill And Intangible Assets, Net [Abstract]
Goodwill And Intangible Assets, Net	7. Goodwill and intangible assets, net Goodwill Summarized below is the movement in the carrying value of goodwill for the nine months ended March 31, 2017: Accumulated Carrying Gross value impairment value Balance as of June 30, 2016 $ 179,478 $ - $ 179,478 Acquisition of C4U Malta (Note 2) 2,475 - 2,475 Foreign currency adjustment (1) 8,221 - 8,221 Balance as of March 31, 2017 $ 190,174 $ - $ 190,174 (1) - 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 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, 2016 $ 20,425 $ 136,185 $ 22,868 $ 179,478 Acquisition of C4U Malta (Note 2) - 2,475 - 2,475 Foreign currency adjustment (1) 2,087 4,387 1,747 8,221 Balance as of March 31, 2017 $ 22,512 $ 143,047 $ 24,615 $ 190,174 (1) - 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 Intangible assets acquired Summarized below is the fair value of the Pros Software and C4U Malta intangible assets acquired, translated at the exchange rate applicable as of the acquisition date, and the weighted-average amortization period of the intangible assets: Weighted- Fair value average as of amortization acquisition period (in date years) Finite-lived intangible asset: Customer relationships – Pros Software $ 2,311 0.75 Customer relationships – C4U Malta $ 186 0.65 Software and unpatented technology $ 147 1.25 Infinite-lived intangible asset: Financial institution license $ 745 n/a On acquisition, the Company recognized a deferred tax liability of approximately $ 0.7 Carrying value and amortization of intangible assets Summarized below is the carrying value and accumulated amortization of the intangible assets as of March 31, 2017 and June 30, 2016: As of March 31, 2017 As of June 30, 2016 Gross Net Gross Net carrying Accumulated carrying carrying Accumulated carrying value amortization value value amortization value Finite-lived intangible assets: Customer relationships (1) . $ 100,487 $ (62,992 ) $ 37,495 $ 94,529 $ (51,557 ) $ 42,972 Software and unpatented technology (1) 32,951 (30,682 ) 2,269 31,452 (28,791 ) 2,661 FTS patent 2,857 (2,857 ) - 2,592 (2,592 ) - Exclusive licenses 4,506 (4,506 ) - 4,506 (4,506 ) - Trademarks 6,998 (4,583 ) 2,415 6,685 (3,762 ) 2,923 Total finite-lived intangible assets 147,799 (105,620 ) 42,179 139,764 (91,208 ) 48,556 Infinite-lived intangible assets: Financial institution license 725 - 725 - - - Total infinite-lived intangible assets 725 - 725 - - - Total intangible assets $ 148,524 $ (105,620 ) $ 42,904 $ 139,764 $ (91,208 ) $ 48,556 (1) Includes the customer relationships acquired as part of the Pros Software acquisition in October 2016, and the customer relationships and software and unpatented technology acquired as part of the C4U Malta acquisition in November 2016. Aggregate amortization expense on the finite-lived intangible assets for the three months ended March 31, 2017 and 2016, was approximately $ 3.7 2.3 10.2 8.2 Future estimated annual amortization expense for the next five fiscal years and thereafter, assuming exchange rates that prevailed on March 31, 2017, 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 $ 14,922 2018 11,655 2019 10,961 2020 10,254 2021 4,428 Thereafter $ 380

Reinsurance Assets And Policyho

Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts	9 Months Ended
	Mar. 31, 2017
Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts	8. Reinsurance assets and policyholder liabilities under insurance and investment contracts Reinsurance assets and policyholder liabilities under insurance contracts Summarized below is the movement in reinsurance assets and policyholder liabilities under insurance contracts during the nine months ended March 31, 2017: Reinsurance Insurance assets (1) contracts (2) Balance as of June 30, 2016 $ 171 $ (1,078 ) Increase in policyholder benefits under insurance contracts 454 (3,178 ) Claims and policyholders' benefits under insurance contracts (448 ) 2,539 Foreign currency adjustment (3) 18 (110 ) Balance as of March 31, 2017 $ 195 $ (1,827 ) (1) Included in other long-term assets. (2) Included in other long-term liabilities. (3) 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. 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. Assets and policyholder liabilities under investment contracts Summarized below is the movement in assets and policyholder liabilities under investment contracts during the nine months ended March 31, 2017: Investment Assets (1) contracts (2) Balance as of June 30, 2016 $ 528 $ (528 ) Increase in policyholder benefits under investment contracts 35 (35 ) Maturity of claims under investment contracts (13 ) 13 Foreign currency adjustment (3) 55 (55 ) Balance as of March 31, 2017 $ 605 $ (605 ) (1) Included in other long-term assets. (2) Included in other long-term liabilities. (3) Represents the effects of the fluctuations between the ZAR against the U.S. dollar. The Company does not offer any investment products with guarantees related to capital or returns.

Short-Term Credit Facilities

Short-Term Credit Facilities	9 Months Ended
	Mar. 31, 2017
Short-Term Credit Facilities [Abstract]
Short-Term Credit Facilities	9. Short-term credit facilities The Company's short-term credit facilities are described in Note 12 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2016. South Africa The aggregate amount of the Company's short-term South African credit facility with Nedbank Limited was ZAR 400 29.8 200 14.9 200 14.9 50 3.7 150 11.2 On December 9, 2016, Nedbank issued a letter (the "Nedbank Facility Letter") to the Company under which it agreed to temporarily increase the overdraft facility by the secondary amount of ZAR 200 250 45.0 600 2 As of March 31, 2017, the interest rate on the overdraft facility was 9.35 A commitment fee of 0.35 As of March 31, 2017 and June 30, 2016, respectively, the Company had not utilized any of its overdraft facility. As of March 31, 2017, the Company had utilized ZAR 130.5 9.7 131.1 8.9 Korea The Company had not utilized any of its KRW 10 8.9 3.40 January 2018

Long-Term Borrowings

Long-Term Borrowings	9 Months Ended
	Mar. 31, 2017
Long-Term Borrowings [Abstract]
Long-Term Borrowings	10. Long-term borrowings Korea The Company's Korean senior secured loan facility is described in Note 13 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2016. The current carrying value as of March 31, 2017, is $ 25.3 4.59 On July 29, 2016, the Company utilized approximately KRW 0.3 0.2 20 17.8 10 8.9 2.1 1.8 On January 29, 2017, the Company utilized approximately KRW 0.3 0.3 8.9 8.9 April 29, 2018 Interest expense incurred during the three months ended March 31, 2017 and 2016, was $ 0.3 0.7 0.9 2.1 0.03 0.04 0.09 0.1 South Africa On October 4, 2016, the Company, through one of its subsidiaries, Net1 Applied Technologies South Africa Proprietary Limited ("Net1 SA"), entered into a Subscription Agreement (the "Blue Label Subscription Agreement") with Blue Label Telecoms Limited ("Blue Label"), a JSE-listed company which is a leading provider of prepaid electricity and airtime in South Africa. Pursuant to the Blue Label Subscription Agreement, Net1 SA will subscribe for approximately 117.9 16.96 2.0 On October 20, 2016, Net1 SA and Blue Label signed an addendum to the Blue Label Subscription Agreement which, among other things, established the subscription date and required FirstRand Bank Limited (acting through its Rand Merchant Bank division) ("RMB") to issue a guarantee to Blue Label for the purchase price of the Blue Label shares to be purchased by Net1 SA (the "Guarantee"). On that same date, and in connection with the Blue Label Subscription Agreement, Net1 SA entered into a Common Terms Agreement, a Senior Facility A Agreement, Senior Facility B Agreement, Senior Facility C Agreement, Subordination Agreement, Security Cession & Pledge and certain ancillary loan documents (collectively, the "Loan Documents") with RMB, pursuant to which, among other things, Net1 SA may borrow up to an aggregate of ZAR 1.4 104.4 600 44.7 The Loan Documents provide for a Facility A term loan of up to ZAR 500 37.3 900 67.1 On November 15, 2016, RMB, the Company, Net1 SA and certain of their respective affiliates entered into a letter agreement (the "Guarantee Letter") amending the Loan Documents to extend the term of the Guarantee, as referenced therein, to February 28, 2017. On November 16, 2016, Net1 SA and Blue Label entered into an Amended and Restated Subscription Agreement (the "A&R Agreement") which, among other things, extended the subscription date to a date, to be specified by Blue Label, during the period between January 23, 2017 and February 28, 2017 (inclusive). On November 15, 2016, RMB issued a new guarantee in favor of Blue Label for the purchase price of the Blue Label shares to be purchased by Net1 SA (the "New Guarantee"). In accordance with the terms of the Guarantee Letter, the New Guarantee was scheduled to expire on February 28, 2017. Upon closing under the A&R Agreement, Net1 SA expects Blue Label to deliver the New Guarantee to RMB for payment of the subscription price of the Blue Label shares. On February 28, 2017, RMB, the Company, Net1 SA and certain of their respective affiliates entered into a new letter agreement (the "February 2017 Guarantee Letter") amending the Loan Documents to extend the term of the New Guarantee, as referenced therein, to May 31, 2017, and to correct certain outdated terms to Loan Documents, and RMB issued a new guarantee (the "February 2017 Guarantee") in favor of Blue Label for the purchase price of the Blue Label shares to be purchased by Net1 SA. In accordance with the terms of the February 2017 Guarantee Letter, this guarantee will expire on May 31, 2017. On February 28, 2017, RMB, the Company, Net1 SA and certain of their respective affiliates entered into a letter agreement under which the parties agreed to amend the Loan Documents by March 15, 2017, to contemplate and permit various guarantors to provide guarantees and to ensure that only the original senior lenders retain the benefits of all amounts credited to the escrow account and security in respect thereof. On March 15, 2017, the parties signed the necessary agreements to amend and restate the Loan Documents. The Company paid a guarantee fee of approximately ZAR 16.0 1.1 1.35 2.75 7.4 Principal repayments on the Facility A and Facility B loans are due in eight equal quarterly installments, beginning on a date to be determined by the parties upon draw down, and all of the loans two years after draw down. Principal repayment on the Facility C loan is due in quarterly installments to be determined by RMB subject to the date of borrowing thereunder. Voluntary prepayments are permitted without early repayment fees or penalties. The loans are secured by a pledge by Net1 SA of its entire equity interest in Blue Label. The Loan Documents contain customary covenants that require Net1 SA to maintain a specified total net leverage ratio and restrict the ability of Net1 SA, and certain of its subsidiaries to make certain distributions with respect to their capital stock, prepay other debt, encumber their assets, incur additional indebtedness, make investment above specified levels, engage in certain business combinations and engage in other corporate activities.

Capital Structure

Capital Structure	9 Months Ended
	Mar. 31, 2017
Capital Stucture [Abstract]
Capital Structure	11. Capital structure The following table presents reconciliation between the number of shares, net of treasury, presented in the unaudited condensed consolidated statement of changes in equity during the nine months ended March 31, 2017 and 2016, respectively, and the number of shares, net of treasury, excluding non-vested equity shares that have not vested during the nine months ended March 31, 2017 and 2016, respectively: March 31, March 31 2017 2016 Number of shares, net of treasury: Statement of changes in equity 57,590,085 45,636,435 Less: Non-vested equity shares that have not vested (Note 13) (904,356 ) (589,447 ) Number of shares, net of treasury excluding non-vested equity shares that have not vested 56,685,729 45,046,988 Sale of common stock In February 2017, the Company sold a total of five 9.00 two 45.0 Common stock repurchases Executed under share repurchase authorizations In February 2016, the Company's Board of Directors approved the replenishment of its share repurchase authorization to repurchase up to an aggregate of $ 100 50 no 1,328,699 12.7 3,137,609 31.6 2,077,912 .9 .

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	12. Accumulated other comprehensive loss The table below presents the change in accumulated other comprehensive (loss) income per component during the nine months ended March 31, 2017: Nine months ended March 31, 2017 Accumulated net unrealized Accumulated income on foreign asset currency available for translation sale, net of reserve tax Total Balance as of June 30, 2016 $ (189,700 ) $ - $ (189,700 ) Movement in foreign currency translation reserve 25,190 - 25,190 Balance as of March 31, 2017 $ (164,510 ) $ - $ (164,510 ) There were no

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Mar. 31, 2017
Stock-Based Compensation [Abstract]
Stock-Based Compensation	13. Stock-based compensation Stock option and restricted stock activity Options The following table summarizes stock option activity for the nine months ended March 31, 2017 and 2016: Weighted Weighted average Weighted average remaining Aggregate average exercise contractual intrinsic grant date Number of price term value fair value shares ($) (in years) ($' ) ($) Outstanding – June 30, 2016 2,077,524 15.92 3.65 926 Exercised (68,740 ) 9.15 882 Expired unexercised (474,443 ) 22.51 Outstanding – March 31, 2017 1,534,341 14.19 3.88 2,150 Outstanding – June 30, 2015 2,401,169 15.34 4.74 11,516 Exercised (323,645 ) 11.62 2,669 Outstanding – March 31, 2016 2,077,524 15.92 3.89 654 No no The following table presents stock options vested and expecting to vest as of March 31, 2017: Weighted Weighted average average remaining Aggregate exercise contractual intrinsic Number of price term value shares ($) (in years) ($' ) Vested and expecting to vest – March 31, 2017 1,534,341 14.19 3.88 2,150 These options have an exercise price range of $ 7.35 24.46 The following table presents stock options that are exercisable as of March 31, 2017: Weighted Weighted average average remaining Aggregate exercise contractual intrinsic Number of price term value shares ($) (in years) ($' ) Exercisable – March 31, 2017 1,379,538 14.53 3.49 1,996 No 154,803 373,435 0.6 68,740 No 3.8 323,645 Restricted stock The following table summarizes restricted stock activity for the nine months ended March 31, 2017 and 2016: Number of Weighted shares of average grant restricted date fair value stock ($' ) Non-vested – June 30, 2016 589,447 7,622 Granted – August 2016 387,000 4,145 Vested – August 2016 (72,091 ) 735 Non-vested – March 31, 2017 904,356 11,142 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 – March 31, 2016 589,447 7,622 The August 2016 grants comprise 350,000 37,000 One-third of the shares will vest if the Company achieves 2019 Fundamental EPS of $ 2.60 Two-thirds of the shares will vest if the Company achieves 2019 Fundamental EPS of $ 2.80 All of the shares will vest if the Company achieves 2019 Fundamental EPS of $ 3.00 At levels of 2019 Fundamental EPS greater than $ 2.60 3.00 2.80 The August 2015 grants comprise 301,537 17,955 One-third of the shares will vest if the Company achieves 2018 Fundamental EPS of $ 2.88 Two-thirds of the shares will vest if the Company achieves 2018 Fundamental EPS of $ 3.30 All of the shares will vest if the Company achieves 2018 Fundamental EPS of $ 3.76 At levels of 2018 Fundamental EPS greater than $ 2.88 3.76 3.30 10 The fair value of restricted stock vesting during the nine months ended March 31, 2017 and 2016, respectively, was $ 0.7 1.4 Stock-based compensation charge and unrecognized compensation cost The Company has recorded a stock-based compensation charge of $0.6 million and $1.0 million, respectively, during the three months ended March 31, 2017 and 2016, which comprised: Allocated to cost of goods sold, IT Allocated to processing, selling, general Total servicing and and charge support administration Three months ended March 31, 2017 Stock-based compensation charge $ 621 $ - $ 621 Total – three months ended March 31, 2017 $ 621 $ - $ 621 Three months ended March 31, 2016 Stock-based compensation charge $ 954 $ - $ 954 Total – three months ended March 31, 2016 $ 954 $ - $ 954 The Company has recorded a stock-based compensation (reversal) charge, net of ($0.1 million) and $2.6 million, respectively, during the nine months ended March 31, 2017 and 2016, which comprised: Allocated to cost of goods sold, IT Allocated to processing, selling, general Total servicing and and charge support administration Nine months ended March 31, 2017 Stock-based compensation charge $ 1,759 $ - $ 1,759 Reversal of stock compensation charge related to restricted stock (1,827 ) - (1,827 ) Total – nine months ended March 31, 2017 $ (68 ) $ - $ (68 ) Nine months ended March 31, 2016 Stock-based compensation charge $ 2,645 $ - $ 2,645 Total – nine months ended March 31, 2016 $ 2,645 $ - $ 2,645 The stock-based compensation charges have been allocated to selling, general and administration based on the allocation of the cash compensation paid to the employees. As of March 31, 2017, the total unrecognized compensation cost related to stock options was approximately $ 0.3 one 3.6 two 6.0 3.4 1.8 As of each of March 31, 2017 and June 30, 2016, respectively, the Company has recorded a deferred tax asset of approximately 1.8

Earnings Per Share

Earnings Per Share	9 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	14. Earnings per share The Company has issued redeemable common stock 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 Basic earnings per share include shares of restricted stock that meet the definition of a participating security because these shares are eligible to receive non-forfeitable dividend equivalents at the same rate as common stock. Basic earnings per share have been calculated using the two-class method and basic earnings per share for the three and nine months ended March 31, 2017 and 2016, reflects only undistributed earnings. The computation below of basic earnings per share excludes the net income attributable to shares of unvested restricted stock (participating non-vested restricted stock) from the numerator and excludes the dilutive impact of these unvested shares of restricted stock from the denominator. Diluted earnings per share have been calculated to give effect to the number of shares of additional common stock that would have been outstanding if the potential dilutive instruments had been issued in each period. Stock options are included in the calculation of diluted earnings per share utilizing the treasury stock method and are not considered to be participating securities, as the stock options do not contain non-forfeitable dividend rights. The calculation of diluted earnings per share includes the dilutive effect of a portion of the restricted stock granted to employees in August 2013, August 2014, November 2014, August 2015 and August 2016, as these shares of restricted stock are considered contingently returnable shares for the purposes of the diluted earnings per share calculation and the vesting conditions in respect of a portion of the restricted stock had been satisfied. The vesting conditions for awards made in August 2016 and August 2015 are discussed in Note 13 and the vesting conditions for all other awards are discussed in Note 18 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2016. The following table presents net income attributable to Net1 (income from continuing operations) and the share data used in the basic and diluted earnings per share computations using the two-class method: Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 (in thousands except percent (in thousands except percent and and per share data) per share data) Numerator: Net income attributable to Net1 $ 18,392 $ 18,420 $ 61,665 $ 58,098 Undistributed earnings 18,392 18,420 61,665 58,098 Percent allocated to common shareholders (Calculation 1) 98 % 99 % 98 % 99 % Numerator for earnings per share: basic and diluted $ 18,064 $ 18,158 $ 60,609 $ 57,334 Denominator: Denominator for basic earnings per share: weighted-average common shares outstanding 53,666 45,683 52,054 46,171 Effect of dilutive securities: Stock options 169 89 127 288 Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion 53,835 45,772 52,181 46,459 Earnings per share: Basic $ 0.34 $ 0.40 $ 1.16 $ 1.24 Diluted $ 0.34 $ 0.40 $ 1.16 $ 1.23 (Calculation 1) Basic weighted-average common shares outstanding (A) 53,666 45,683 52,054 46,171 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 54,639 46,341 52,961 46,786 Percent allocated to common shareholders (A) / (B) 98 % 99 % 98 % 99 % Options to purchase 502,161 13.16 24.46

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	15. Supplemental cash flow information Cash, cash equivalents and restricted cash as of March 31, 2017, presented in the unaudited condensed consolidated statements of cash flows includes restricted cash of approximately $44.7 million related to the guarantee issued by FirstRand Bank Limited (acting through its Rand Merchant Bank division) as described in Note 10. This cash has been placed into an escrow account and is considered restricted as to use and therefore is classified as restricted cash and presented as restricted cash in the March 31, 2017, unaudited condensed consolidated balance sheet. The restriction will lapse once the guarantee expires, is utilized or is cancelled. The following table presents supplemental cash flow disclosures for the three and nine months ended March 31, 2017 and 2016: Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 Cash received from interest $ 5,265 $ 3,341 $ 14,600 $ 11,262 Cash paid for interest $ 435 $ 813 $ 2,007 $ 2,864 Cash paid for income taxes $ 3,631 $ 4,052 $ 27,698 $ 28,374 Treasury shares, at cost included in the Company's condensed consolidated balance sheet as of June 30, 2016, includes 47,056 0.5 On January 20, 2016, the Company issued 391,645 4.0 56

Operating Segments

Operating Segments	9 Months Ended
	Mar. 31, 2017
Operating Segments [Abstract]
Operating Segments	16. Operating segments The Company discloses segment information as reflected in the management information systems reports that its chief operating decision maker uses in making decisions and to report certain entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets or reports material revenues. A description of the Company's operating segments is contained in Note 23 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2016. The reconciliation of the reportable segments revenue to revenue from external customers for the three months ended March 31, 2017 and 2016, respectively, is as follows: Revenue From Reportable Inter external Segment segment customers South African transaction processing $ 63,967 $ 7,331 $ 56,636 International transaction processing 41,514 - 41,514 Financial inclusion and applied technologies 56,881 7,087 49,794 Total for the three months ended March 31, 2017 $ 162,362 $ 14,418 $ 147,944 South African transaction processing $ 50,594 $ 5,621 $ 44,973 International transaction processing 40,588 - 40,588 Financial inclusion and applied technologies 54,286 5,111 49,175 Total for the three months ended March 31, 2016 $ 145,468 $ 10,732 $ 134,736 The reconciliation of the reportable segments revenue to revenue from external customers for the nine months ended March 31, 2017 and 2016, respectively, is as follows: Revenue From Reportable Inter external Segment segment customers South African transaction processing $ 181,397 $ 18,127 $ 163,270 International transaction processing 131,704 - 131,704 Financial inclusion and applied technologies 179,681 19,645 160,036 Total for the nine months ended March 31, 2017 $ 492,782 $ 37,772 $ 455,010 South African transaction processing $ 158,997 $ 12,598 $ 146,399 International transaction processing 122,653 - 122,653 Financial inclusion and applied technologies 187,332 16,894 170,438 Total for the nine months ended March 31, 2016 $ 468,982 $ 29,492 $ 439,490 The Company does not allocate interest income, interest expense or income tax expense to its reportable segments. The Company evaluates segment performance based on segment operating income before acquisition-related intangible asset amortization which represents operating income before acquisition-related intangible asset amortization and allocation of expenses allocated to Corporate/Eliminations, all under GAAP. The reconciliation of the reportable segments measure of profit or loss to income before income taxes for the three and nine months ended March 31, 2017 and 2016, respectively, is as follows: Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 Reportable segments measure of profit or loss $ 31,563 $ 29,415 $ 99,494 $ 95,862 Operating income: Corporate/Eliminations (7,016 ) (3,224 ) (17,177 ) (13,677 ) Interest income 5,124 3,345 14,489 11,284 Interest expense (467 ) (852 ) (1,773 ) (2,880 ) Income before income taxes $ 29,204 $ 28,684 $ 95,033 $ 90,589 The following tables summarize segment information that is prepared in accordance with GAAP for the three and nine months ended March 31, 2017 and 2016: Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 Revenues South African transaction processing $ 63,967 $ 50,594 $ 181,397 $ 158,997 International transaction processing 41,514 40,588 131,704 122,653 Financial inclusion and applied technologies 56,881 54,286 179,681 187,332 Total 162,362 145,468 492,782 468,982 Operating income (loss) South African transaction processing 15,531 13,133 44,451 38,724 International transaction processing 1,968 4,813 11,689 15,596 Financial inclusion and applied technologies 14,064 11,469 43,354 41,542 Subtotal: Operating segments 31,563 29,415 99,494 95,862 Corporate/Eliminations (7,016 ) (3,224 ) (17,177 ) (13,677 ) Total 24,547 26,191 82,317 82,185 Depreciation and amortization South African transaction processing 1,139 1,463 3,433 4,858 International transaction processing 5,083 5,232 16,440 15,991 Financial inclusion and applied technologies 365 272 1,056 844 Subtotal: Operating segments 6,587 6,967 20,929 21,693 Corporate/Eliminations 3,703 2,314 10,188 8,289 Total 10,290 9,281 31,117 29,982 Expenditures for long-lived assets South African transaction processing 448 926 1,490 3,469 International transaction processing 1,309 6,864 6,275 23,107 Financial inclusion and applied technologies 192 263 733 2,122 Subtotal: Operating segments 1,949 8,053 8,498 28,698 Corporate/Eliminations - - - - Total $ 1,949 $ 8,053 $ 8,498 $ 28,698 The segment information as reviewed by the chief operating decision maker does not include a measure of segment assets per segment as all of the significant assets are used in the operations of all, rather than any one, of the segments. The Company does not have dedicated assets assigned to a particular operating segment. Accordingly, it is not meaningful to attempt an arbitrary allocation and segment asset allocation is therefore not presented. It is impractical to disclose revenues from external customers for each product and service or each group of similar products and services.

Income Tax

Income Tax	9 Months Ended
	Mar. 31, 2017
Income Tax [Abstract]
Income Tax	17. Income tax Income tax in interim periods For the purposes of interim financial reporting, the Company determines the appropriate income tax provision by first applying the effective tax rate expected to be applicable for the full fiscal year to ordinary income. This amount is then adjusted for the tax effect of significant unusual or extraordinary items, for instance, changes in tax law, valuation allowances and non-deductible transaction-related expenses that are reported separately, and have an impact on the tax charge. The cumulative effect of any change in the enacted tax rate, if and when applicable, on the opening balance of deferred tax assets and liabilities is also included in the tax charge as a discrete event in the interim period in which the enactment date occurs. For the three and nine months ended March 31, 2017, the tax charge was calculated using the expected effective tax rate for the year. The Company's effective tax rate for the three and nine months ended March 31, 2017, was 35.0 34.0 For the three and nine months ended March 31, 2016, the tax charge was calculated using the expected effective tax rate for the year. The Company's effective tax rate for the three and nine months ended March 31, 2016, was 34.2 34.6 Uncertain tax positions There were no 0.3 0.1 The Company does not expect changes related to its unrecognized tax benefits will have a significant impact on its results of operations or financial position in the next 12 months. As of March 31, 2017 and June 30, 2016, the Company has unrecognized tax benefits of $ 1.8 1.9

Commitments And Contingencies

Commitments And Contingencies	9 Months Ended
	Mar. 31, 2017
Commitments And Contingencies [Abstract]
Commitments And Contingencies	18. Commitments and contingencies Guarantees The South African Revenue Service and certain of the Company's customers, suppliers and other business partners have asked the Company to provide them with guarantees, including standby letters of credit, issued by a South African bank. The Company is required to procure these guarantees for these third parties to operate its business. Nedbank has issued guarantees to these third parties amounting to ZAR 130.5 9.7 130.5 9.7 0.4 2.0 The Company has not recognized any obligation related to these counter-guarantees in its consolidated balance sheet as of March 31, 2017 and June 30, 2016. The maximum potential amount that the Company could pay under these guarantees is ZAR 130.5 9.7 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 or cash flows.

Basis Of Presentation And Sum26

Basis Of Presentation And Summary Of Significant Accounting Policies (Policy)	9 Months Ended
	Mar. 31, 2017
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Unaudited Interim Financial Information	Unaudited Interim Financial Information The accompanying unaudited condensed consolidated financial statements include all majority-owned subsidiaries over which the Company exercises control and have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") and the rules and regulations of the United States Securities and Exchange Commission for Quarterly Reports on Form 10-Q and include all of the information and disclosures required for interim financial reporting. The results of operations for the three and nine months ended March 31, 2017 and 2016, are not necessarily indicative of the results for the full year. The Company believes that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the financial statements, accounting policies and financial notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2015. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair representation of financial results for the interim periods presented. References to the "Company" refer to Net1 and its consolidated subsidiaries, collectively, unless the context otherwise requires. References to "Net1" are references solely to Net 1 UEPS Technologies, Inc.
Recent Accounting Pronouncements Adopted	Recent accounting pronouncements adopted 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. The adoption of this guidance did not have a material impact on the Company's financial statements. In November 2016, the FASB issued guidance regarding Restricted Cash - a consensus of the FASB Emerging Issues Task Force. This guidance amends current guidance to add or clarify the classification and presentation of restricted cash in the statement of cash flows. The guidance is effective for the Company beginning July 1, 2018, however the Company has early adopted the guidance, effective December 31, 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 March 31, 2017	Recent accounting pronouncements not yet adopted as of March 31, 2017 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 to be 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 March 2017. Public companies may elect to adopt the standard along the original timeline. The guidance is effective for the Company beginning July 1, 2018. 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 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 include 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, an 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. In June 2016, the FASB issued guidance regarding Classification of Certain Cash Receipts and Cash Payments . The guidance is intended to reduce diversity in practice and explains how certain cash receipts and payments are presented and classified in the statement of cash flows, including beneficial interests in securitization, which would impact the presentation of the deferred purchase price from sales of receivables. This guidance is effective for the Company beginning July 1, 2018, and must be applied retrospectively. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In January 2017, the FASB issued guidance regarding Clarifying the Definition of a Business. This guidance provides a more robust framework to use in determining when a set of assets and activities is a business. Because the current definition of a business is interpreted broadly and can be difficult to apply, stakeholders indicated that analyzing transactions is inefficient and costly and that the definition does not permit the use of reasonable judgment. The amendments provide more consistency in applying the guidance, reduce the costs of application, and make the definition of a business more operable. The guidance is effective for the Company beginning July 1, 2018. Early adoption is permitted. The Company is currently assessing the impact of this guidance on its financial statements disclosure. In January 2017, the FASB issued guidance regarding Simplifying the Test for Goodwill Impairment. This guidance removes the requirement for an entity to calculate the implied fair value of goodwill (as part of step 2 of the current goodwill impairment test) in measuring a goodwill impairment loss. The guidance is effective for the Company beginning July 1, 2020. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently assessing the impact of this guidance on its financial statements disclosure

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Mar. 31, 2017
Acquisitions [Abstract]
Schedule Of Cash Paid Net Of Cash Received Related To Company Acquisitions	2017 C4U-Malta Limited ("C4U Malta") $ 2,940 Pros Software (Pty) Ltd ("Pros Software") 1,711 Total cash paid, net of cash received $ 4,651
Schedule Of Preliminary Purchase Price Allocation Translated At Applicable Foreign Exchange Rate	C4U Malta Pros Software Total Cash and cash equivalents $ 999 $ 110 $ 1,109 Accounts receivable 983 165 1,148 Property, plant and equipment, net 30 9 39 Intangible assets (Note 7) 1,078 2,311 3,389 Goodwill (Note 7) 2,475 - 2,475 Accounts payables and other payables (1,570 ) (58 ) (1,628 ) Income taxes payable - (69 ) (69 ) Deferred tax liabilities (56 ) (647 ) (703 ) Total purchase price $ 3,939 $ 1,821 $ 5,760

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Mar. 31, 2017
Inventory [Abstract]
Schedule Of Inventory	March 31, June 30, 2017 2016 Finished goods $ 10,560 $ 10,004 $ 10,560 $ 10,004

Fair Value Of Financial Instr29

Fair Value Of Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2017
Fair Value Of Financial Instruments [Abstract]
Outstanding Foreign Exchange Contracts	As of March 31, 2017 None. 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
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 March 31, 2017, 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 $ 605 $ - $ - $ 605 Other - 38 - 38 Total assets at fair value $ 605 $ 38 $ - $ 643 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

Goodwill And Intangible Asset30

Goodwill And Intangible Assets, Net (Tables)	9 Months Ended
	Mar. 31, 2017
Goodwill And Intangible Assets, Net [Abstract]
Carrying Value Of Goodwill	Accumulated Carrying Gross value impairment value Balance as of June 30, 2016 $ 179,478 $ - $ 179,478 Acquisition of C4U Malta (Note 2) 2,475 - 2,475 Foreign currency adjustment (1) 8,221 - 8,221 Balance as of March 31, 2017 $ 190,174 $ - $ 190,174 (1) - 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, 2016 $ 20,425 $ 136,185 $ 22,868 $ 179,478 Acquisition of C4U Malta (Note 2) - 2,475 - 2,475 Foreign currency adjustment (1) 2,087 4,387 1,747 8,221 Balance as of March 31, 2017 $ 22,512 $ 143,047 $ 24,615 $ 190,174 (1) - 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: Customer relationships – Pros Software $ 2,311 0.75 Customer relationships – C4U Malta $ 186 0.65 Software and unpatented technology $ 147 1.25 Infinite-lived intangible asset: Financial institution license $ 745 n/a
Carrying Value And Accumulated Amortization Of Intangible Assets	As of March 31, 2017 As of June 30, 2016 Gross Net Gross Net carrying Accumulated carrying carrying Accumulated carrying value amortization value value amortization value Finite-lived intangible assets: Customer relationships (1) . $ 100,487 $ (62,992 ) $ 37,495 $ 94,529 $ (51,557 ) $ 42,972 Software and unpatented technology (1) 32,951 (30,682 ) 2,269 31,452 (28,791 ) 2,661 FTS patent 2,857 (2,857 ) - 2,592 (2,592 ) - Exclusive licenses 4,506 (4,506 ) - 4,506 (4,506 ) - Trademarks 6,998 (4,583 ) 2,415 6,685 (3,762 ) 2,923 Total finite-lived intangible assets 147,799 (105,620 ) 42,179 139,764 (91,208 ) 48,556 Infinite-lived intangible assets: Financial institution license 725 - 725 - - - Total infinite-lived intangible assets 725 - 725 - - - Total intangible assets $ 148,524 $ (105,620 ) $ 42,904 $ 139,764 $ (91,208 ) $ 48,556 (1) Includes the customer relationships acquired as part of the Pros Software acquisition in October 2016, and the customer relationships and software and unpatented technology acquired as part of the C4U Malta acquisition in November 2016.
Future Estimated Annual Amortization Expense	2017 $ 14,922 2018 11,655 2019 10,961 2020 10,254 2021 4,428 Thereafter $ 380

Reinsurance Assets And Policy31

Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Tables)	9 Months Ended
	Mar. 31, 2017
Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Summary Of The Movement In Reinsurance Assets And Policyholder Liabilities Under Insurance Contracts	Reinsurance Insurance assets (1) contracts (2) Balance as of June 30, 2016 $ 171 $ (1,078 ) Increase in policyholder benefits under insurance contracts 454 (3,178 ) Claims and policyholders' benefits under insurance contracts (448 ) 2,539 Foreign currency adjustment (3) 18 (110 ) Balance as of March 31, 2017 $ 195 $ (1,827 ) (1) Included in other long-term assets. (2) Included in other long-term liabilities. (3) Represents the effects of the fluctuations between the ZAR against the U.S. dollar
Summary Of Movement In Assets And Policyholder Liabilities Under Investment Contracts	Investment Assets (1) contracts (2) Balance as of June 30, 2016 $ 528 $ (528 ) Increase in policyholder benefits under investment contracts 35 (35 ) Maturity of claims under investment contracts (13 ) 13 Foreign currency adjustment (3) 55 (55 ) Balance as of March 31, 2017 $ 605 $ (605 ) (1) Included in other long-term assets. (2) Included in other long-term liabilities. (3) Represents the effects of the fluctuations between the ZAR against the U.S. dollar.

Capital Structure (Tables)

Capital Structure (Tables)	9 Months Ended
	Mar. 31, 2017
Capital Stucture [Abstract]
Number Of Shares, Net Of Treasury	March 31, March 31 2017 2016 Number of shares, net of treasury: Statement of changes in equity 57,590,085 45,636,435 Less: Non-vested equity shares that have not vested (Note 13) (904,356 ) (589,447 ) Number of shares, net of treasury excluding non-vested equity shares that have not vested 56,685,729 45,046,988

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Loss [Abstract]
Change In Accumulated Other Comprehensive (Loss) Income Per Component	Nine months ended March 31, 2017 Accumulated net unrealized Accumulated income on foreign asset currency available for translation sale, net of reserve tax Total Balance as of June 30, 2016 $ (189,700 ) $ - $ (189,700 ) Movement in foreign currency translation reserve 25,190 - 25,190 Balance as of March 31, 2017 $ (164,510 ) $ - $ (164,510 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Mar. 31, 2017
Stock-Based Compensation [Abstract]
Summarized Stock Option Activity	Weighted Weighted average Weighted average remaining Aggregate average exercise contractual intrinsic grant date Number of price term value fair value shares ($) (in years) ($' ) ($) Outstanding – June 30, 2016 2,077,524 15.92 3.65 926 Exercised (68,740 ) 9.15 882 Expired unexercised (474,443 ) 22.51 Outstanding – March 31, 2017 1,534,341 14.19 3.88 2,150 Outstanding – June 30, 2015 2,401,169 15.34 4.74 11,516 Exercised (323,645 ) 11.62 2,669 Outstanding – March 31, 2016 2,077,524 15.92 3.89 654 Weighted Weighted average average remaining Aggregate exercise contractual intrinsic Number of price term value shares ($) (in years) ($' ) Vested and expecting to vest – March 31, 2017 1,534,341 14.19 3.88 2,150 Weighted Weighted average average remaining Aggregate exercise contractual intrinsic Number of price term value shares ($) (in years) ($' ) Exercisable – March 31, 2017 1,379,538 14.53 3.49 1,996
Restricted Stock Activity	Number of Weighted shares of average grant restricted date fair value stock ($' ) Non-vested – June 30, 2016 589,447 7,622 Granted – August 2016 387,000 4,145 Vested – August 2016 (72,091 ) 735 Non-vested – March 31, 2017 904,356 11,142 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 – March 31, 2016 589,447 7,622
Recorded Net Stock Compensation (Reversal) Charge	Allocated to cost of goods sold, IT Allocated to processing, selling, general Total servicing and and charge support administration Three months ended March 31, 2017 Stock-based compensation charge $ 621 $ - $ 621 Total – three months ended March 31, 2017 $ 621 $ - $ 621 Three months ended March 31, 2016 Stock-based compensation charge $ 954 $ - $ 954 Total – three months ended March 31, 2016 $ 954 $ - $ 954 Allocated to cost of goods sold, IT Allocated to processing, selling, general Total servicing and and charge support administration Nine months ended March 31, 2017 Stock-based compensation charge $ 1,759 $ - $ 1,759 Reversal of stock compensation charge related to restricted stock (1,827 ) - (1,827 ) Total – nine months ended March 31, 2017 $ (68 ) $ - $ (68 ) Nine months ended March 31, 2016 Stock-based compensation charge $ 2,645 $ - $ 2,645 Total – nine months ended March 31, 2016 $ 2,645 $ - $ 2,645

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations	Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 (in thousands except percent (in thousands except percent and and per share data) per share data) Numerator: Net income attributable to Net1 $ 18,392 $ 18,420 $ 61,665 $ 58,098 Undistributed earnings 18,392 18,420 61,665 58,098 Percent allocated to common shareholders (Calculation 1) 98 % 99 % 98 % 99 % Numerator for earnings per share: basic and diluted $ 18,064 $ 18,158 $ 60,609 $ 57,334 Denominator: Denominator for basic earnings per share: weighted-average common shares outstanding 53,666 45,683 52,054 46,171 Effect of dilutive securities: Stock options 169 89 127 288 Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion 53,835 45,772 52,181 46,459 Earnings per share: Basic $ 0.34 $ 0.40 $ 1.16 $ 1.24 Diluted $ 0.34 $ 0.40 $ 1.16 $ 1.23 (Calculation 1) Basic weighted-average common shares outstanding (A) 53,666 45,683 52,054 46,171 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 54,639 46,341 52,961 46,786 Percent allocated to common shareholders (A) / (B) 98 % 99 % 98 % 99 %

Supplemental Cash Flow Inform36

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow Disclosures	Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 Cash received from interest $ 5,265 $ 3,341 $ 14,600 $ 11,262 Cash paid for interest $ 435 $ 813 $ 2,007 $ 2,864 Cash paid for income taxes $ 3,631 $ 4,052 $ 27,698 $ 28,374

Operating Segments (Tables)

Operating Segments (Tables)	9 Months Ended
	Mar. 31, 2017
Operating Segments [Abstract]
Reconciliation Of Reportable Segments Revenue	The reconciliation of the reportable segments revenue to revenue from external customers for the three months ended March 31, 2017 and 2016, respectively, is as follows: Revenue From Reportable Inter external Segment segment customers South African transaction processing $ 63,967 $ 7,331 $ 56,636 International transaction processing 41,514 - 41,514 Financial inclusion and applied technologies 56,881 7,087 49,794 Total for the three months ended March 31, 2017 $ 162,362 $ 14,418 $ 147,944 South African transaction processing $ 50,594 $ 5,621 $ 44,973 International transaction processing 40,588 - 40,588 Financial inclusion and applied technologies 54,286 5,111 49,175 Total for the three months ended March 31, 2016 $ 145,468 $ 10,732 $ 134,736 The reconciliation of the reportable segments revenue to revenue from external customers for the nine months ended March 31, 2017 and 2016, respectively, is as follows: Revenue From Reportable Inter external Segment segment customers South African transaction processing $ 181,397 $ 18,127 $ 163,270 International transaction processing 131,704 - 131,704 Financial inclusion and applied technologies 179,681 19,645 160,036 Total for the nine months ended March 31, 2017 $ 492,782 $ 37,772 $ 455,010 South African transaction processing $ 158,997 $ 12,598 $ 146,399 International transaction processing 122,653 - 122,653 Financial inclusion and applied technologies 187,332 16,894 170,438 Total for the nine months ended March 31, 2016 $ 468,982 $ 29,492 $ 439,490
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income	Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 Reportable segments measure of profit or loss $ 31,563 $ 29,415 $ 99,494 $ 95,862 Operating income: Corporate/Eliminations (7,016 ) (3,224 ) (17,177 ) (13,677 ) Interest income 5,124 3,345 14,489 11,284 Interest expense (467 ) (852 ) (1,773 ) (2,880 ) Income before income taxes $ 29,204 $ 28,684 $ 95,033 $ 90,589
Summary Of Segment Information	Three months ended Nine months ended March 31, March 31, 2017 2016 2017 2016 Revenues South African transaction processing $ 63,967 $ 50,594 $ 181,397 $ 158,997 International transaction processing 41,514 40,588 131,704 122,653 Financial inclusion and applied technologies 56,881 54,286 179,681 187,332 Total 162,362 145,468 492,782 468,982 Operating income (loss) South African transaction processing 15,531 13,133 44,451 38,724 International transaction processing 1,968 4,813 11,689 15,596 Financial inclusion and applied technologies 14,064 11,469 43,354 41,542 Subtotal: Operating segments 31,563 29,415 99,494 95,862 Corporate/Eliminations (7,016 ) (3,224 ) (17,177 ) (13,677 ) Total 24,547 26,191 82,317 82,185 Depreciation and amortization South African transaction processing 1,139 1,463 3,433 4,858 International transaction processing 5,083 5,232 16,440 15,991 Financial inclusion and applied technologies 365 272 1,056 844 Subtotal: Operating segments 6,587 6,967 20,929 21,693 Corporate/Eliminations 3,703 2,314 10,188 8,289 Total 10,290 9,281 31,117 29,982 Expenditures for long-lived assets South African transaction processing 448 926 1,490 3,469 International transaction processing 1,309 6,864 6,275 23,107 Financial inclusion and applied technologies 192 263 733 2,122 Subtotal: Operating segments 1,949 8,053 8,498 28,698 Corporate/Eliminations - - - - Total $ 1,949 $ 8,053 $ 8,498 $ 28,698

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) € in Millions, ZAR in Millions, $ in Millions	Nov. 01, 2016USD ($)	Oct. 01, 2016USD ($)	Nov. 30, 2016EUR (€)	Nov. 30, 2016USD ($)	Oct. 31, 2016ZAR	Oct. 31, 2016USD ($)	Mar. 31, 2017USD ($)
C4U Malta [Member]
Business Acquisition [Line Items]
Business acquisition date							Nov. 30, 2016
Percentage acquired in acquisition			100.00%	100.00%
Business acquisition, cost of acquired entity			€ 3.6	$ 3.9
Business acquisition, contributed revenue	$ 0.2
Business acquisition, contributed net loss	$ 0.4
Pros Software [Member]
Business Acquisition [Line Items]
Business acquisition date							Oct. 31, 2016
Percentage acquired in acquisition					100.00%	100.00%
Business acquisition, cost of acquired entity					ZAR 25	$ 1.8
Business acquisition, contributed revenue		$ 0.4
Business acquisition, contributed net loss		$ 1.2
C4U Malta And Pros Software [Member]
Business Acquisition [Line Items]
Business acquisition, acquisition-related expenditure							$ 0.2

Acquisitions (Schedule Of Cash

Acquisitions (Schedule Of Cash Paid Net Of Cash Received Related To Company Acquisitions) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Business Acquisition [Line Items]
Total cash paid, net of cash received	$ 1,666	$ 4,651	$ 1,666
C4U Malta [Member]
Business Acquisition [Line Items]
Total cash paid, net of cash received		2,940
Pros Software [Member]
Business Acquisition [Line Items]
Total cash paid, net of cash received		$ 1,711

Acquisitions (Schedule Of Preli

Acquisitions (Schedule Of Preliminary Purchase Price Allocation Translated At Applicable Foreign Exchange Rate) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Nov. 30, 2016	Oct. 31, 2016	Jun. 30, 2016	[1]
Business Acquisition [Line Items]
Goodwill (Note 7)	$ 190,174			$ 179,478
Deferred tax liabilities	(700)
C4U Malta [Member]
Business Acquisition [Line Items]
Cash and cash equivalents		$ 999
Accounts receivable		983
Property, plant and equipment, net		30
Intangible assets (Note 7)		1,078
Goodwill (Note 7)		2,475
Account payables and other payables		(1,570)
Deferred tax liabilities		(56)
Total purchase price		$ 3,939
Pros Software [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			$ 110
Accounts receivable			165
Property, plant and equipment, net			9
Intangible assets (Note 7)			2,311
Account payables and other payables			(58)
Income taxes payable			(69)
Deferred tax liabilities			(647)
Total purchase price			$ 1,821
C4U Malta And Pros Software [Member]
Business Acquisition [Line Items]
Cash and cash equivalents	1,109
Accounts receivable	1,148
Property, plant and equipment, net	39
Intangible assets (Note 7)	3,389
Goodwill (Note 7)	2,475
Account payables and other payables	(1,628)
Income taxes payable	(69)
Deferred tax liabilities	(703)
Total purchase price	$ 5,760
[1]	Derived from audited financial statements

Inventory (Schedule Of Inventor

Inventory (Schedule Of Inventory) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Inventory [Abstract]
Finished goods	$ 10,560	$ 10,004
Inventory	$ 10,560	$ 10,004	[1]
[1]	Derived from audited financial statements

Settlement Assets And Settlem42

Settlement Assets And Settlement Obligations (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2016
Settlement Assets And Settlement Obligations [Abstract]
Net change in settlement assets and settlement obligations	$ 19.7	$ 59.5

Fair Value Of Financial Instr43

Fair Value Of Financial Instruments (Narrative) (Details) $ in Thousands, ZAR in Millions, SFr in Millions	Oct. 07, 2016ZAR	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2017USD ($)	Jan. 12, 2017CHF (SFr)	Jan. 12, 2017USD ($)	Oct. 07, 2016USD ($)
Derivatives, Fair Value [Line Items]
Years of significant fluctuation of US Dollar to ZAR exchange rate				3 years
Transfers in or out of Level 3		$ 0	$ 0	$ 0
Impairment charges				$ 0
Finbond [Member]
Derivatives, Fair Value [Line Items]
Loan amount	ZAR 139.2						$ 10,000
Margin added on rate	10.00%
Finbond [Member] | LIBOR [Member]
Derivatives, Fair Value [Line Items]
Interest rate		1.064%		1.064%
Bank Frick [Member] | Frick Foundation Share Purchase Agreement [Member]
Derivatives, Fair Value [Line Items]
Equity method investment, ownership percentage					30.00%	30.00%
Acquisition-related expenditures		$ 39,700		$ 39,700	SFr 39.8
Additional percentage to acquire, two-year option					35.00%	35.00%
Seed capital						$ 30,000

Fair Value Of Financial Instr44

Fair Value Of Financial Instruments (Outstanding Foreign Exchange Contracts) (Details) - 12 months ended Jun. 30, 2016	EUR (€)ZAR / item	ZAR / shares
Foreign Exchange Contract 1 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 573,765
Strike price | ZAR / item	15.9587
Fair market value price | ZAR / shares		ZAR 16.3393
Maturity	Jul. 20, 2016
Foreign Exchange Contract 2 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 554,494.50
Strike price | ZAR / item	16.0643
Fair market value price | ZAR / shares		16.4564
Maturity	Aug. 19, 2016
Foreign Exchange Contract 3 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 465,711
Strike price | ZAR / item	16.1798
Fair market value price | ZAR / shares		16.5820
Maturity	Sep. 20, 2016
Foreign Exchange Contract 4 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 393,675
Strike price | ZAR / item	16.2911
Fair market value price | ZAR / shares		16.7017
Maturity	Oct. 20, 2016
Foreign Exchange Contract 5 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 302,368.50
Strike price | ZAR / item	16.4085
Fair market value price | ZAR / shares		ZAR 16.8301
Maturity	Nov. 21, 2016

Fair Value Of Financial Instr45

Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 605	$ 533
Foreign exchange contracts		62
Other	38	37
Total assets at fair value	643	632
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	605	533
Total assets at fair value	605	533
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	38	37
Total assets at fair value	$ 38	$ 99

Goodwill And Intangible Asset46

Goodwill And Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Goodwill And Intangible Assets, Net [Abstract]
Deferred tax liabilities	$ 0.7		$ 0.7
Amortization expense	$ 3.7	$ 2.3	$ 10.2	$ 8.2

Goodwill And Intangible Asset47

Goodwill And Intangible Assets, Net (Carrying Value Of Goodwill) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2017USD ($)
Goodwill And Intangible Assets, Net [Abstract]
Gross value, Beginning Balance	$ 179,478
Gross value, Acquisition of C4U Malta (Note 2)	2,475
Gross value, Foreign currency adjustment	8,221	[1]
Gross value, Ending Balance	190,174
Accumulated impairment, Beginning Balance
Accumulated impairment, Acquisition of C4U Malta (Note 2)
Accumulated impairment, Foreign currency adjustment		[1]
Accumulated impairment, Ending Balance
Carrying value, Beginning Balance	179,478	[2]
Carrying value, Acquisition of C4U Malta (Note 2)	2,475
Carrying value, Foreign currency adjustment	8,221	[1]
Carrying value, Ending Balance	$ 190,174
[1]	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.
[2]	Derived from audited financial statements

Goodwill And Intangible Asset48

Goodwill And Intangible Assets, Net (Goodwill Allocated To Reportable Segments) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2017USD ($)
Goodwill [Line Items]
Carrying value, Beginning Balance	$ 179,478	[1]
Carrying value, Acquisition of C4U Malta (Note 2)	2,475
Carrying value, Foreign currency adjustment	8,221	[2]
Carrying value, Ending Balance	190,174
South African Transaction Processing [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	20,425
Carrying value, Acquisition of C4U Malta (Note 2)
Carrying value, Foreign currency adjustment	2,087	[2]
Carrying value, Ending Balance	22,512
International Transaction Processing [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	136,185
Carrying value, Acquisition of C4U Malta (Note 2)	2,475
Carrying value, Foreign currency adjustment	4,387	[2]
Carrying value, Ending Balance	143,047
Financial Inclusion And Applied Technologies [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	22,868
Carrying value, Acquisition of C4U Malta (Note 2)
Carrying value, Foreign currency adjustment	1,747	[2]
Carrying value, Ending Balance	$ 24,615
[1]	Derived from audited financial statements
[2]	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 Asset49

Goodwill And Intangible Assets, Net (Fair Value Of Intangible Assets Acquired) (Details) - USD ($) $ in Thousands	1 Months Ended
	Nov. 30, 2016	Oct. 31, 2016
Pros Software [Member] | Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date		$ 2,311
Weighted-Average Amortization period (in years)		9 months
C4U Malta [Member] | Exclusive Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 745
C4U Malta [Member] | Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 186
Weighted-Average Amortization period (in years)	7 months 24 days
C4U Malta [Member] | Software And Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Fair value as of acquisition date	$ 147
Weighted-Average Amortization period (in years)	1 year 3 months

Goodwill And Intangible Asset50

Goodwill And Intangible Assets, Net (Carrying Value And Accumulated Amortization Of Intangible Assets) (Details) - USD ($) $ in Thousands		Mar. 31, 2017	Jun. 30, 2016
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value		$ 147,799	$ 139,764
Accumulated amortization		(105,620)	(91,208)
Finite-lived intangible assets, Net carrying value		42,179	48,556
Infinite-lived intangible assets		725
Total intangible assets, Gross carrying value		148,524	139,764
Total intangible assets, Net carrying value		42,904	48,556	[1]
Financial Institution License [Member]
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Infinite-lived intangible assets		725
Customer Relationships [Member]
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	[2]	100,487	94,529
Accumulated amortization	[2]	(62,992)	(51,557)
Finite-lived intangible assets, Net carrying value	[2]	37,495	42,972
Software And Unpatented Technology [Member]
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	[2]	32,951	31,452
Accumulated amortization	[2]	(30,682)	(28,791)
Finite-lived intangible assets, Net carrying value	[2]	2,269	2,661
FTS Patent [Member]
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value		2,857	2,592
Accumulated amortization		(2,857)	(2,592)
Exclusive Licenses [Member]
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value		4,506	4,506
Accumulated amortization		(4,506)	(4,506)
Trademarks [Member]
Finite-Lived And Infinite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value		6,998	6,685
Accumulated amortization		(4,583)	(3,762)
Finite-lived intangible assets, Net carrying value		$ 2,415	$ 2,923
[1]	Derived from audited financial statements
[2]	Includes the customer relationships acquired as part of the Pros Software acquisition in October 2016, and the customer relationships and software and unpatented technology acquired as part of the C4U Malta acquisition in November 2016.

Goodwill And Intangible Asset51

Goodwill And Intangible Assets, Net (Future Estimated Annual Amortization Expense) (Details) $ in Thousands	Mar. 31, 2017USD ($)
Goodwill And Intangible Assets, Net [Abstract]
2,017	$ 14,922
2,018	11,655
2,019	10,961
2,020	10,254
2,021	4,428
Thereafter	$ 380

Reinsurance Assets And Policy52

Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Summary Of The Movement In Reinsurance Assets And Policy Holder Liabilities Under Insurance Contracts) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2017USD ($)
Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Reinsurance assets, Beginning Balance	$ 171	[1]
Reinsurance assets, Increase in policyholder benefits under insurance contracts	454	[1]
Reinsurance assets, Claims and policyholders' benefits under insurance contracts	(448)	[1]
Reinsurance assets, Foreign currency adjustment	18	[1],[2]
Reinsurance assets, Ending Balance	195	[1]
Insurance contracts, Beginning Balance	(1,078)	[3]
Insurance contracts, Increase in policyholder benefits under insurance contracts	(3,178)	[3]
Policyholder Benefits and Claims Incurred, Net	2,539	[3]
Insurance contracts, Foreign currency adjustment	(110)	[2],[3]
Insurance contracts, Ending Balance	$ (1,827)	[3]
[1]	Included in other long-term assets.
[2]	Represents the effects of the fluctuations between the ZAR against the U.S. dollar.
[3]	Included in other long-term liabilities.

Reinsurance Assets And Policy53

Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2017USD ($)
Reinsurance Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Assets, Beginning Balance	$ 528	[1]
Assets, Increase in policyholder benefits under investment contracts	35	[1],[2]
Assets, Maturity claims under investment contracts	(13)	[1]
Assets, Foreign currency adjustment	55	[1]
Assets, Ending Balance	605	[1]
Investment contracts, Beginning Balance	(528)	[3]
Investment contracts, Increase in policyholder benefits under investment contracts	(35)	[2],[3]
Investment contracts, Maturity claims under investment contracts	13	[3]
Investment contracts, Foreign currency adjustment	(55)	[3]
Investment contracts, Ending Balance	$ (605)	[3]
[1]	Included in other long-term assets.
[2]	Represents the effects of the fluctuations between the ZAR against the U.S. dollar.
[3]	Included in other long-term liabilities.

Short-Term Credit Facilities (N

Short-Term Credit Facilities (Narrative) (Details) $ in Thousands, ZAR in Millions, ₩ in Billions

Dec. 09, 2016ZAR

Dec. 09, 2016USD ($)

Feb. 28, 2017USD ($)

Mar. 31, 2017USD ($)

Mar. 31, 2017KRW (₩)

Mar. 31, 2017ZAR

Mar. 31, 2017USD ($)

Dec. 08, 2016USD ($)

Jun. 30, 2016KRW (₩)

Jun. 30, 2016ZAR

Jun. 30, 2016USD ($)

Short-term Debt [Line Items]

Amount utilized

[1]

Sale of common stock (Note 11)

$ 45,000

$ 45,000

$ 45,000

South African Credit Facility [Member]

Short-term Debt [Line Items]

Maximum borrowing capacity

ZAR 150

11,200

Amount utilized

130.5

9,700

ZAR 131.1

$ 8,900

South African Credit Facility [Member] | Nedbank Limited [Member]

Short-term Debt [Line Items]

Aggregate amount

400

29,800

Primary amount, available immediately

200

14,900

Secondary amount, not available immediately

200

14,900

Bank Overdrafts Facility [Member]

Short-term Debt [Line Items]

Maximum borrowing capacity

ZAR 50

$ 3,700

Interest rate

9.35%

9.35%

9.35%

Commitment fee percentage

0.35%

Nedbank Facility Letter [Member] | Nedbank Limited [Member]

Short-term Debt [Line Items]

Secondary amount, not available immediately

$ 250,000

$ 200,000

Nedbank Facility Letter [Member] | FirstRand Bank Limited [Member]

Short-term Debt [Line Items]

Repayment amount | ZAR

ZAR 600

Nedbank Facility Letter [Member] | Net1 SA [Member] | FirstRand Bank Limited [Member]

Short-term Debt [Line Items]

Guarantee amount | ZAR

ZAR 2,000

South Korea, Hana Bank Overdraft Facility [Member]

Short-term Debt [Line Items]

Maximum borrowing capacity

₩ 10

$ 8,900

₩ 10

New expiration date

Jan. 31, 2018

Interest rate

3.40%

3.40%

3.40%

[1]

Derived from audited financial statements

Long-Term Borrowings (Narrative

Long-Term Borrowings (Narrative) (Details) ZAR / shares in Units, $ / shares in Units, $ in Thousands, shares in Millions, ₩ in Billions

Apr. 29, 2017USD ($)

Jan. 29, 2017KRW (₩)

Jan. 29, 2017USD ($)

Oct. 31, 2016KRW (₩)

Oct. 31, 2016USD ($)

Oct. 04, 2016ZARZAR / sharesshares

Jul. 29, 2016KRW (₩)

Jul. 29, 2016USD ($)

Feb. 28, 2017$ / sharesshares

Mar. 31, 2017ZAR

Mar. 31, 2017USD ($)

Mar. 31, 2016USD ($)

Mar. 31, 2017USD ($)

Mar. 31, 2016USD ($)

Oct. 20, 2016ZAR

Debt Instrument [Line Items]

Long-term borrowings

$ 25,300

$ 25,300

Interest rate on credit facility

4.59%

4.59%

Interest expense

$ 300

$ 700

$ 900

$ 2,100

Amortization of fees, prepaid facility

30

$ 40

$ 90

$ 100

Scheduled principal repayment of debt, due date

Apr. 29, 2018

Sale of common stock (Note 11), shares | shares

5

Price per share | $ / shares

$ 9

Guarantee fees

ZAR 16,000,000

1,100

Facility A [Member]

Debt Instrument [Line Items]

Repayment of facilities

₩ 20

$ 17,800

Facility C [Member]

Debt Instrument [Line Items]

Amount utilized from revolving credit facility

₩ 0.3

$ 300

0.3

200

Repayment of facilities

₩ 10

$ 8,900

Facility C [Member] | Subsequent Event [Member]

Debt Instrument [Line Items]

Repayment of facilities

$ 8,900

Facility C [Member] | Due April 29, 2018 [Member]

Debt Instrument [Line Items]

Scheduled principal payment

$ 8,900

Net1 Korea [Member] | Facility A [Member]

Debt Instrument [Line Items]

Repayment of facilities

₩ 2.1

$ 1,800

Common Terms Agreement [Member] | Net1 SA [Member] | RMB Loan Facilities [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

104,400

104,400

ZAR 1,400,000,000

Escrow deposit

44,700

$ 44,700

600,000,000

Blue Label [Member] | Blue Label Subscription Agreement [Member] | Net1 SA [Member]

Debt Instrument [Line Items]

Sale of common stock (Note 11), shares | shares

117.9

Price per share | ZAR / shares

ZAR 16.96

Aggregate purchase price | ZAR

ZAR 2,000,000,000

JIBAR [Member] | Facility B [Member]

Debt Instrument [Line Items]

Margin percentage

2.75%

JIBAR [Member] | Facility A And C [Member]

Debt Instrument [Line Items]

Margin percentage

1.35%

JIBAR [Member] | RMB Loan Facilities [Member]

Debt Instrument [Line Items]

Interest rate

7.40%

Maximum [Member] | Net1 SA [Member] | Facility A [Member]

Debt Instrument [Line Items]

Loan amount

37,300

$ 37,300

500,000,000

Maximum [Member] | Net1 SA [Member] | Facility B [Member]

Debt Instrument [Line Items]

Loan amount

$ 67,100

$ 67,100

ZAR 900,000,000

Capital Structure (Narrative) (

Capital Structure (Narrative) (Details) $ / shares in Units, $ in Thousands	Dec. 09, 2016USD ($)	Jun. 29, 2016USD ($)	Feb. 03, 2016USD ($)	Feb. 28, 2017USD ($)item$ / sharesshares	Mar. 31, 2016USD ($)shares	Mar. 31, 2017USD ($)shares	Mar. 31, 2016USD ($)shares
Number of investors | item				2
Sale of common stock (Note 11), shares | shares				5,000,000
Price per share | $ / shares				$ 9
Gross proceeds from transaction	$ 45,000			$ 45,000		$ 45,000
Common stock repurchased, shares | shares					1,328,699	3,137,609	2,077,912
Purchase price of common stock					$ 12,700	$ 31,600	$ 900
Maximum [Member]
Stock repurchased, value			$ 100,000
10b5 Plan [Member]
Stock repurchased, value		$ 50,000

Capital Structure (Schedule Of

Capital Structure (Schedule Of Number Of Shares, Net Of Treasury) (Details) - shares	Mar. 31, 2017	Mar. 31, 2016
Capital Stucture [Abstract]
Number of shares, net of treasury:	57,590,085	45,636,435
Less: Non-vested equity shares that have not vested (Note 13)	(904,356)	(589,447)
Number of shares, net of treasury excluding non-vested equity shares that have not vested	56,685,729	45,046,988

Accumulated Other Comprehensi58

Accumulated Other Comprehensive Loss (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Accumulated Other Comprehensive Loss [Abstract]
Reclassification from accumulated other comprehensive (loss) income	$ 0	$ 0	$ 0	$ 0

Accumulated Other Comprehensi59

Accumulated Other Comprehensive Loss (Change In Accumulated Other Comprehensive (Loss) Income Per Component) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2017USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (189,700)	[1]
Movement in foreign currency translation reserve	25,190
Ending Balance	(164,510)
Accumulated Foreign Currency Translation Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(189,700)
Movement in foreign currency translation reserve	25,190
Ending Balance	(164,510)
Accumulated Net Unrealized Income On Asset Available For Sale, Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance
Movement in foreign currency translation reserve
Ending Balance
[1]	Derived from audited financial statements

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended			3 Months Ended		9 Months Ended
	Aug. 31, 2016	May 31, 2016	Aug. 31, 2015	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expired unexercised, number of shares						474,443
Exercisable stock options				0	0	154,803	373,435
Proceeds from exercise of stock options				$ 600		$ 600
Stock-based compensation charge (reversal), net				621	$ 954	$ (68)	$ 2,645
Share-based compensation, number of shares exercised						68,740	323,645
Cumulative unrecorded stock-based compensation charge, reversal						$ 1,827
Deferred tax asset				$ 1,800		1,800
Exercised of stock option, shares						$ 629
Common stock, shares issued				57,590,085		57,590,085		55,271,954
Options exercise price range, lower limit						$ 7.35
Options exercise price range, upper limit						$ 24.46
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares				0	0	0	0
Proceeds from exercise of stock options							$ 3,800
Share-based compensation, number of shares exercised							323,645
Number of shares, forfeitures				0	0	0	0
Unrecognized compensation cost				$ 300		$ 300
Number of shares, exercised					0
Unrecognized compensation cost, expected recognition period, years						1 year
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares	387,000		319,492
Fair value of restricted stock vested						$ 700	$ 1,400
Unrecognized compensation cost				3,600		3,600
Cumulative unrecorded stock-based compensation charge						3,400
Cumulative unrecorded stock-based compensation charge, reversal						$ 1,800
Unrecognized compensation cost, expected recognition period, years						2 years
Restricted Stock [Member] | Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares	350,000
Restricted Stock [Member] | Non-Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares	37,000		17,955
Restricted Stock [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares			301,537
Restricted Stock [Member] | One-Third Shares Vest 2019 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved						$ 2.60
Restricted Stock [Member] | Two-Thirds Shares Vest 2019 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved						2.80
Restricted Stock [Member] | All Shares Vest 2019 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved						3
Restricted Stock [Member] | One-Third Shares Vest 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved						2.88
Restricted Stock [Member] | Two-Thirds Shares Vest 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved						3.30
Restricted Stock [Member] | All Shares Vest 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, to be achieved						$ 3.76
Restricted Stock [Member] | Not Achieving 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost				$ 6,000		$ 6,000
2019 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, linear interpolation						$ 2.80
2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS, linear interpolation						3.30
Number of common stock shares that will impact fundamental EPS calculation		10,000,000
Minimum [Member] | 2019 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS						2.60
Minimum [Member] | 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS						2.88
Maximum [Member] | 2019 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS						3
Maximum [Member] | 2018 Fundamental EPS [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fundamental EPS						$ 3.76

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarized Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2016	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Outstanding, Number of shares, Beginning Balance	2,077,524	2,401,169	2,401,169
Exercised, Number of shares	(68,740)	(323,645)
Expired unexercised, Number of shares	(474,443)
Outstanding, Number of shares, Ending Balance	1,534,341	2,077,524	2,077,524	2,401,169
Exercisable, Number of Shares	1,379,538
Vested and expecting to vest, Number of shares	1,534,341
Outstanding, Weighted average exercise price, Beginning Balance	$ 15.92	$ 15.34	$ 15.34
Exercised, Weighted average exercise price	9.15	11.62
Expired unexercised, Weighted average exercise price	22.51
Outstanding, Weighted average exercise price, Ending Balance	14.19	$ 15.92	$ 15.92	$ 15.34
Exercisable, Weighted average exercise price	14.53
Vested and expecting to vest, Weighted average exercise price	$ 14.19
Outstanding, Weighted average remaining contractual term (in years)	3 years 10 months 17 days	3 years 10 months 21 days	3 years 7 months 24 days	4 years 8 months 27 days
Exercisable, Weighted Average Remaining Contractual Term (in years)	3 years 5 months 27 days
Vested and expecting to vest, Weighted Average Remaining Contractual Term (in years)	3 years 10 months 17 days
Outstanding, Aggregate Intrinsic Value, Beginning Balance	$ 926	$ 11,516	$ 11,516
Exercised, Aggregate Intrinsic Value	882	2,669
Outstanding, Aggregate Intrinsic Value, Ending Balance	2,150	$ 654	$ 926	$ 11,516
Exercisable, Aggregate Intrinsic Value	1,996
Vested and expecting to vest, Aggregate Intrinsic Value	$ 2,150

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Activity) (Details) - USD ($) $ in Thousands	1 Months Ended		9 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Number of Shares of Restricted Stock, Ending Balance			904,356	589,447
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Number of Shares of Restricted Stock, Beginning Balance			589,447	341,529
Granted, Number of Shares of Restricted Stock	387,000	319,492
Vested, Number of Shares of Restricted Stock	(72,091)	(71,574)
Non-vested, Number of Shares of Restricted Stock, Ending Balance			904,356	589,447
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance			$ 7,622	$ 1,759
Granted, Weighted Average Grant Date Fair Value	$ 4,145	$ 6,406
Vested, Weighted Average Grant Date Fair Value	$ 735	$ 1,435
Non-vested, Weighted Average Grant Date Fair Value, Ending Balance			$ 11,142	$ 7,622

Stock-Based Compensation (Recor

Stock-Based Compensation (Recorded Net Stock Compensation (Reversal) Charge) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge	$ 621	$ 954	$ 1,759	$ 2,645
Reversal of stock compensation charge related to restricted stock			(1,827)
Total	621	954	(68)	2,645
Allocated To Cost Of Goods Sold, IT Processing, Servicing And Support [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge
Reversal of stock compensation charge related to restricted stock
Total
Allocated To Selling, General And Administration [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation charge	621	954	1,759	2,645
Reversal of stock compensation charge related to restricted stock			(1,827)
Total	$ 621	$ 954	$ (68)	$ 2,645

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Redemptions or adjustments to the carrying value of redeemable common stock	$ 0	$ 0	$ 0	$ 0
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	502,161		502,161
Options exercise price range, lower limit	$ 13.16		$ 13.16
Options exercise price range, upper limit	$ 24.46		$ 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		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income attributable to Net1	$ 18,392	$ 18,420	$ 61,665	$ 58,098
Undistributed earnings	$ 18,392	$ 18,420	$ 61,665	$ 58,098
Percent allocated to common shareholders	98.00%	99.00%	98.00%	99.00%
Numerator for earnings per share: basic and diluted	$ 18,064	$ 18,158	$ 60,609	$ 57,334
Denominator for basic earnings per share: weighted-average common shares outstanding	53,666	45,683	52,054	46,171
Effect of dilutive securities: Stock options	169	89	127	288
Denominator for diluted earnings per share: adjusted weighted average common shares outstanding and assumed conversion	53,835	45,772	52,181	46,459
Earnings per share: Basic	$ 0.34	$ 0.40	$ 1.16	$ 1.24
Earnings per share: Diluted	$ 0.34	$ 0.40	$ 1.16	$ 1.23
Basic weighted-average common shares outstanding (A)	53,666	45,683	52,054	46,171
Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)	54,639	46,341	52,961	46,786

Supplemental Cash Flow Inform66

Supplemental Cash Flow Information (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 30, 2016	Jan. 20, 2016	Mar. 31, 2017	Feb. 28, 2017
Restricted cash			$ 44,735
Treasury shares, acquired	47,056
Treasury shares, cost	$ 500		$ 31,611
Closing price, per share				$ 9
Transact24 [Member]
Shares issued in acquisition		391,645
Fair value of shares issued in acquisition		$ 4,000
Percentage acquired in acquisition		56.00%

Supplemental Cash Flow Inform67

Supplemental Cash Flow Information (Schedule Of Supplemental Cash Flow Disclosures) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Supplemental Cash Flow Information [Abstract]
Cash received from interest	$ 5,265	$ 3,341	$ 14,600	$ 11,262
Cash paid for interest	435	813	2,007	2,864
Cash paid for income taxes	$ 3,631	$ 4,052	$ 27,698	$ 28,374

Operating Segments (Reconciliat

Operating Segments (Reconciliation Of Reportable Segments Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 147,944	$ 134,736	$ 455,010	$ 439,490
South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	56,636	44,973	163,270	146,399
International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	41,514	40,588	131,704	122,653
Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	49,794	49,175	160,036	170,438
Reportable Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	162,362	145,468	492,782	468,982
Reportable Segment [Member] | South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	63,967	50,594	181,397	158,997
Reportable Segment [Member] | International Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	41,514	40,588	131,704	122,653
Reportable Segment [Member] | Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	56,881	54,286	179,681	187,332
Inter-Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(14,418)	(10,732)	(37,772)	(29,492)
Inter-Segment [Member] | South African Transaction Processing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(7,331)	(5,621)	(18,127)	(12,598)
Inter-Segment [Member] | Financial Inclusion And Applied Technologies [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ (7,087)	$ (5,111)	$ (19,645)	$ (16,894)

Operating Segments (Reconcili69

Operating Segments (Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	$ 24,547	$ 26,191	$ 82,317	$ 82,185
Interest income	5,124	3,345	14,489	11,284
Interest expense	(467)	(852)	(1,773)	(2,880)
Income before income taxes	29,204	28,684	95,033	90,589
Reportable Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	31,563	29,415	99,494	95,862
Corporate/Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	$ (7,016)	$ (3,224)	$ (17,177)	$ (13,677)

Operating Segments (Summary Of

Operating Segments (Summary Of Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 147,944	$ 134,736	$ 455,010	$ 439,490
Operating income (loss)	24,547	26,191	82,317	82,185
Depreciation and amortization	10,290	9,281	31,117	29,982
Expenditures for long-lived assets	1,949	8,053	8,498	28,698
Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	162,362	145,468	492,782	468,982
Operating income (loss)	31,563	29,415	99,494	95,862
Depreciation and amortization	6,587	6,967	20,929	21,693
Expenditures for long-lived assets	1,949	8,053	8,498	28,698
Corporate/Eliminations [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	(7,016)	(3,224)	(17,177)	(13,677)
Depreciation and amortization	3,703	2,314	10,188	8,289
South African Transaction Processing [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	63,967	50,594	181,397	158,997
Operating income (loss)	15,531	13,133	44,451	38,724
Depreciation and amortization	1,139	1,463	3,433	4,858
Expenditures for long-lived assets	448	926	1,490	3,469
International Transaction Processing [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	41,514	40,588	131,704	122,653
Operating income (loss)	1,968	4,813	11,689	15,596
Depreciation and amortization	5,083	5,232	16,440	15,991
Expenditures for long-lived assets	1,309	6,864	6,275	23,107
Financial Inclusion And Applied Technologies [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	56,881	54,286	179,681	187,332
Operating income (loss)	14,064	11,469	43,354	41,542
Depreciation and amortization	365	272	1,056	844
Expenditures for long-lived assets	$ 192	$ 263	$ 733	$ 2,122

Income Tax (Narrative) (Details

Income Tax (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2016
Income Tax [Abstract]
Effective tax rate	35.00%	34.20%	34.00%	34.60%
Unrecognized tax benefit	$ 1.8		$ 1.8		$ 1.9
Changes in unrecognized tax benefits	0
Unrecognized tax benefit utilized			0.3
Accrued interest related to uncertain tax positions	$ 0.1		$ 0.1

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) ZAR in Millions, $ in Millions	Mar. 31, 2017ZAR	Mar. 31, 2017USD ($)
Guarantor Obligations [Line Items]
Maximum payment amount under guarantee	ZAR 130.5	$ 9.7
Counter Guarantee [Member]
Guarantor Obligations [Line Items]
Guarantee amount	ZAR 130.5	$ 9.7
Payment Guarantee [Member] | Minimum [Member]
Guarantor Obligations [Line Items]
Charge rate	0.40%	0.40%
Payment Guarantee [Member] | Maximum [Member]
Guarantor Obligations [Line Items]
Charge rate	2.00%	2.00%
Nedbank [Member] | Guarantee [Member]
Guarantor Obligations [Line Items]
Guarantee amount	ZAR 130.5	$ 9.7