WorldRemit in Partnership With ZAZOO for Instant Money Transfers to South Africa - Seite 2

In addition, unbanked recipients have the option of opening an EasyPay Everywhere account -- a pay per transaction low cost bank account recently launched by Net1. Furthermore, should a recipient select to receive their funds into their EasyPay Everywhere account -- ZAZOO will enable that recipient to make use of its mobile virtual card technology to create a virtual MasterCard to spend digitally for any online purchase in South Africa.

About ZAZOO (www.zazooltd.com)

ZAZOO is an aggregation of innovative technology companies and a leading provider of payment solutions and transaction processing services. ZAZOO's diverse product offering is consolidated into five primary business lines, namely: Mobile Banking, MNO Solutions, Third Party Payments, Cryptography, and Smart Card technologies.

About Net 1 UEPS Technologies, Inc. (www.net1.com)

Net1 is a leading provider of alternative payment systems that leverage its Universal Electronic Payment System ("UEPS"), to facilitate biometrically secure, real-time electronic transaction processing to unbanked and under-banked populations of developing economies around the world in an online or offline environment. Net1's UEPS/EMV solution is interoperable with global EMV standards that seamlessly permit access to all the UEPS functionality in a traditional EMV environment. In addition to payments, UEPS can be used for banking, healthcare management, payroll, remittances, voting and identification. Net1 operates market-leading payment processors in South Africa and the Republic of Korea. In addition, Net1's proprietary MVC technology offers secure mobile payments and banking services in developed and emerging countries. Net1 has a primary listing on Nasdaq and a secondary listing on the Johannesburg Stock Exchange.

About WorldRemit (www.worldremit.com)

WorldRemit is changing the way people send money.

• It's easy -- just open the app or visit the website -- no more agents.
• Transfers to most countries are instant -- send money like an instant message.
• More ways to receive (Mobile Money, bank transfer, cash pickup, and mobile airtime top-up).
• Available in 52 countries and 125+ destinations.
• WorldRemit raised $140m from Accel Partners and TCV -- early investors in Facebook, Spotify and Netflix.

WorldRemit's global headquarters are in London, UK with regional offices in USA, Canada, Australia and New Zealand.

Forward Looking Statements

This announcement contains forward-looking statements that involve known and unknown risks and uncertainties. A discussion of various factors that cause our actual results, levels of activity, performance or achievements to differ materially from those expressed in such forward-looking statements are included in our filings with the Securities and Exchange Commission. We undertake no obligation to revise any of these statements to reflect future events.

ZAZOO
Philip Belamant
Managing Director
Phone: [phone]
Email: [e-mail]

Net1 Investor Relations Contact
Dhruv Chopra
Head of Investor Relations
Phone: [phone]
Email: [e-mail]