Item 7.01. Regulation FD Disclosure.

The following information is furnished pursuant to Item 7.01, "Regulation FD Disclosure."

On October 8, 2008, Net 1 UEPS Technologies, Inc. ("Net1") issued a media release in South Africa announcing the listing of its common stock in South Africa on the Financial Administration sector of the South African stock exchange Main Board, the JSE Limited, under the symbol NT1. A copy of Net1's media release is attached as Exhibit 99.1.

Item 8.01. Other Events.

The following information is furnished pursuant to Item 8.01, "Other Events." On October 10, 2008, Net1 issued a press release announcing that it has received Bidders Notice number 11 from the South African Social Security Agency ("SASSA"), advising bidders that the Bid Adjudication Committee has submitted its report and recommendations in respect of the Payment Service Tender to the Chief Executive Officer ("CEO") of SASSA. The Bid Adjudication Committee has recommended to the Chief Executive Officer of SASSA that no award be made in respect of the tender and that a fresh tender process be commenced, as the Bid Evaluation Committee concluded that the evaluation process followed has been unreliable. According to the Bidders Notice, the CEO of SASSA has to decide whether he will accept the recommendations of the Bid Adjudication Committee, or propose a different course of action. A copy of Net1's press release is attached as Exhibit 99.2.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Media Release, dated October 8, 2008, issued by Net 1 UEPS Technologies, Inc.

99.2 Press Release, dated October 10, 2008, issued by Net 1 UEPS Technologies, Inc.

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