Description Of Business And Basis Of Presentation (Policy)	12 Months Ended
	Jun. 30, 2021
Description Of Business And Basis Of Presentation [Abstract]
Description of Business	Description of Business Net 1 UEPS Technologies, Inc. (“Net1” and collectively with its consolidated subsidiaries, the “Company”) was incorporated in the State of Florida on May 8, 1997. The Company is a provider of financial technology, or fintech, products and services to the unbanked and underbanked primarily in South Africa and neighboring countries. Its universal electronic payment system (“UEPS”) uses biometrically secure smart cards that operate in real-time but offline, which allows users to enter into transactions at any time with other card holders in even the most remote areas. The Company also develops and provides secure transaction technology solutions and services, and offers transaction processing and financial solutions. The Company’s technology is widely used in South Africa today, where it provides financial services (banking, lending and insurance products), processes debit and credit card payment transactions on behalf of retailers through its EasyPay system and processes value-added services such as bill payments and prepaid electricity for the major bill issuers and local councils in South Africa.
Basis Of presentation	Basis of presentation The accompanying consolidated financial statements include subsidiaries over which Net1 exercises control and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
Impact Of COVID-19 On The Company's Business	Impact of COVID-19 on the Company’s business The Company’s business has been, and continues to be, impacted by government restrictions and quarantines related to COVID- 19. South Africa operates with a five-level COVID-19 alert system, with Level 1 being the least restrictive and Level 5 being the most restrictive. South Africa is currently at adjusted Level 3, which has a limited impact on the Company’s businesses. The South Africa government commenced its vaccination program in early calendar 2021, with a stated goal of vaccinating 67% of the South African population by the end of the calendar year. The broader implications of COVID-19 on the Company’s results of operations and overall financial performance continue to remain uncertain. While the Company has not incurred significant disruptions thus far from the COVID-19 outbreak, apart from the two months in April and May 2020 when loan origination was curtailed, the Company is unable to accurately predict the impact that COVID-19 will have due to numerous uncertainties, including the severity and duration of the outbreak, actions that may be taken by governmental authorities, the impact on the Company’s customers and other factors. The Company will continue to evaluate the nature and extent of the impact on its business, consolidated results of operations, and financial condition.
Restatement Of Financial Statements	Restatement of financial statements Related to overstatement of revenue and cost of goods sold, IT processing, servicing and support In November 2020, the Company identified an error with respect to the recognition of certain revenue and related cost of goods sold, IT processing, servicing and support during its assessment and systems development of new products. The Company incorrectly duplicated the recognition of acquiring fees in revenue and recorded an equal and opposite entry in cost of goods sold, IT processing, servicing and support in its consolidated statement of operations due to the misinterpretation of certain system reports. The error did not impact on the Company’s operating loss, net loss, balance sheet or cash flows. The Company determined that the error impacted reported results for the period from July 1, 2018 to September 30, 2020. The error impacts the Company’s reported results and the Company has restated its consolidated statement of operations and certain note presentation, primarily Note 15 (Revenue) and Note 20 (Operating segments) for the years ended June 30, 2020 and 2019, to correct for the error. 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (continued) Restatement of financial statements (continued) Related to overstatement of revenue and cost of goods sold, IT processing, servicing and support (continued) The tables below present the impact of the restatement on the Company’s consolidated statement of operations for the years ended June 30, 2020 and 2019 Consolidated statement of operations Year ended June 30, 2020 As reported Correction As restated (in thousands) Revenue $ 150,997 $ (6,698) $ 144,299 Cost of goods sold, IT processing, servicing and support $ 109,006 $ (6,698) $ 102,308 Year ended June 30, 2019 As reported Correction As restated (in thousands) Revenue $ 166,227 $ (5,592) $ 160,635 Cost of goods sold, IT processing, servicing and support $ 129,696 $ (5,592) $ 124,104 Years ended June 30, 2020 June 30, 2019 Processing Total Processing Total Processing fees - as restated $ 55,992 $ 60,895 $ 82,995 $ 83,090 As reported 62,690 67,593 88,587 88,682 Correction (6,698) (6,698) (5,592) (5,592) South Africa - as restated 50,951 55,854 73,153 73,248 As reported 57,649 62,552 78,745 78,840 Correction (6,698) (6,698) (5,592) (5,592) Rest of world $ 5,041 $ 5,041 $ 9,842 $ 9,842 Total revenue, derived from the following geographic locations - as restated $ 83,628 $ 144,299 $ 107,422 $ 160,635 As reported 90,326 150,997 113,014 166,227 Correction (6,698) (6,698) (5,592) (5,592) South Africa - as restated 78,587 139,258 97,580 150,793 As reported 85,285 145,956 103,172 156,385 Correction (6,698) (6,698) (5,592) (5,592) Rest of world $ 5,041 $ 5,041 $ 9,842 $ 9,842 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (continued) Restatement of financial statements (continued) Related to overstatement of revenue and cost of goods sold, IT processing, servicing and support (continued) The table below presents the impact of the restatement on the Processing operating segment revenue included in the operating segment note (Note 20) for the years ended June 30, 2020 and 2019: Revenue (as restated) Reportable Segment Corporate/ Eliminations Inter- segment From external customers Processing - as restated $ 91,786 $ - $ 8,158 $ 83,628 As reported 98,484 - 8,158 90,326 Correction (6,698) - - (6,698) Total for the year ended June 30, 2020 - as restated 156,727 - 12,428 144,299 As reported 163,425 - 12,428 150,997 Correction (6,698) - - (6,698) Processing - as restated $ 118,088 $ - $ 10,666 $ 107,422 As reported 123,680 - 10,666 113,014 Correction (5,592) - - (5,592) Total for the year ended June 30, 2019 - as restated 195,237 (19,709) 14,893 160,635 As reported 200,829 (19,709) 14,893 166,227 Correction $ (5,592) $ - $ - $ (5,592)