MASTERPAYMENT part of NET1 Group (NASDAQ: UEPS)

Founded in 2010 and acquired by Net1 in 2016, Masterpayment GmbH is a payment service provider (PSP) specializing in comprehensive payment solutions for businesses, primarily in Europe. The company provides payment processing, acquiring services, risk management, and white-label payment gateway solutions. Following the strategic transformation and rebranding of its parent company from Net1 UEPS Technologies to Lesaka Technologies Inc. in 2022, Masterpayment now operates as a core component of Lesaka's European Merchant Solutions segment, focusing on enabling seamless e-commerce transactions.