This business unit is responsible for identifying financial services products that can be provided to our U.E.P.S. cardholders in South Africa and then marketing and implementing the provision of those products.
We currently provide micro-loans to our U.E.P.S. cardholders who receive social welfare grants through our system in the KwaZulu-Natal and Northern Cape provinces. We provide the loans ourselves and generate revenue from the service fees charged on these loans.
Our wage payment system offers wage earners a U.E.P.S. card that allows them to receive payment, transact and access other financial services in a secure, cost-effective way.