Subsequent Events	3 Months Ended
Sep. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	18. Subsequent events Sale of common stock On October 6, 2016, the Company entered into stock purchase agreements with two investors under which the Company agreed to sell each of the investors 2.5 million shares of the its common stock at a price of $9.00 per share, for aggregate gross proceeds to the Company of $45.0 million. Closing of the transactions is scheduled to occur on or about November 9, 2016. Strategic investments *Blue Label Telecoms* On October 4, 2016, the Company entered into a Share Subscription Agreement (the "Blue Label Subscription Agreement") with Blue Label Telecoms Limited ("Blue Label"), a JSE-listed company which is a leading provider of prepaid electricity and airtime in South Africa. Pursuant to the Blue Label Subscription Agreement, the Company will purchase approximately 117.9 million ordinary shares of Blue Label at a price of ZAR 16.96 per share, for an aggregate purchase price of ZAR 2.0 billion ($144.3 million, translated at exchange rates applicable as of September 30, 2016) in cash. The Company expects that the proceeds from its investment in Blue Label will be used to partially fund Blue Label's acquisition of a 45% shareholding in Cell C (Proprietary) Limited, a leading mobile provider in South Africa. Closing of the Company's investment in Blue Label is subject to closing conditions and is expected to occur simultaneously with the closing of Blue Label's Cell C investment. The Company expects to fund the transaction through a combination of cash on hand, a portion of a ZAR 1.4 billion loan facility to be provided to Net1 Applied Technologies South Africa (Pty) Ltd ("Net1 SA") from FirstRand Bank Limited (acting through its Rand Merchant Bank division) ("RMB") as described below and the sale of common stock referred to above. *Finbond* On October 7, 2016, the Company provided a loan of ZAR 139.2 million to Finbond in order for Finbond to partially finance its expansion strategy in the United States. Finbond expects to conclude a rights offering during the first quarter of calendar 2017 and the Company has provided an irrevocable undertaking to participate in the rights offering and convert the ZAR 139.2 million loan to Finbond shares as part of this process. RMB Loan Facilities On October 20, 2016, Net1 SA entered into a Common Terms Agreement, a Senior Facility A Agreement, Senior Facility B Agreement, Senior Facility C Agreement, Subordination Agreement, Security Cession & Pledge and certain ancillary loan documents (collectively, the "Loan Documents") with RMB, pursuant to which, among other things, Net1 SA may borrow up to an aggregate of ZAR 1.4 billion ($101.0 million, translated at exchange rates applicable as of September 30, 2016) to finance a portion of its working capital requirements and a portion of its investment in Blue Label. The amounts available under these loans and an escrow deposit of ZAR 600 million ($43.3 million, translated at exchange rates applicable as of September 30, 2016) made by Net1 SA serve as security for a guarantee issued by RMB in favor or Blue Label (the "Guarantee"). Net1 and certain of the Company's other subsidiaries have agreed to guarantee the obligations of Net1 SA to RMB and subordinate any claims they may have against Net1 SA and certain of its subsidiaries to RMB's claims against such persons. The Loan Documents provide for a Facility A term loan of up to ZAR 500 million ($36.1 million), a Facility B term loan of up to ZAR 900 million ($64.9 million), amounts translated at exchange rates applicable as of September 30, 2016, and a Facility C term loan in an amount equal to the aggregate amount of voluntary prepayments of the outstanding principal amount of the Facility A loan. Interest on the loans is payable monthly based on the Johannesburg Interbank Agreed Rate ("JIBAR") in effect from time to time plus a margin of 1.35% for the Facility A and Facility C loans and 2.75% for the Facility B loan. The JIBAR rate was 7.1% on October 20, 2016. Principal repayments on the Facility A and Facility B loans are due in eight equal quarterly installments, beginning on January 31, 2017, and all of the loans mature on October 20 2018. Principal repayment on the Facility C loan is due in quarterly installments to be determined by RMB subject to the date of borrowing thereunder. Voluntary prepayments are permitted without early repayment fees or penalties. The loans are secured by a pledge by Net1 SA of its entire equity interest in Blue Label. The Loan Documents contain customary covenants that require Net1 SA to maintain a specified total net leverage ratio and restrict the ability of Net1 SA, and certain of its subsidiaries to make certain distributions with respect to their capital stock, prepay other debt, encumber their assets, incur additional indebtedness, make investment above specified levels, engage in certain business combinations and engage in other corporate activities. Acquisitions *C4U Malta* In November 2016, the Company acquired a 100% interest in C4U Malta ("C4U"), a licensed Maltese Financial Services Authority supervised electronic money institution, for approximately $3.9 million. C4U's license has been passported across all member states of the European Union. The Company intends to apply for a principal membership with the major card associations as soon as possible and to integrate a robust and reliable issuing and acquiring processing platform in C4U to enable the issuance of electronic money instruments, such as electronic money accounts, prepaid cards and virtual cards, after a transitional period of integration and technology adaption. The Company plans to build and reinforce C4U such that it operates as its principal regulated electronic money institution with the ability to cover all of the Company's financial services activities and business in the European Union. The purchase price allocation has not been finalized, as management has not yet analyzed in detail the assets acquired and liabilities assumed. The Company expects to finalize the purchase price allocation on or before June 30, 2017. *Pros Software (Pty) Ltd* In October 2016, the Company acquired a 100% interest in Pros Software (Pty) Ltd ("Pros Software"), a software development and consulting services based near Johannesburg, South Africa, for ZAR 25.0 million ($1.8 million, translated at exchange rates applicable as of September 30, 2016). Pros Software performs software development and consulting services for a number of clients, including for the Company. The purchase price allocation has not been finalized, as management has not yet analyzed in detail the assets acquired and liabilities assumed. The Company expects to finalize the purchase price allocation on or before June 30, 2017. Pro forma results of operations have not been presented because the effect of the C4U and Pros Software acquisitions, individually and in the aggregate, were not material to the Company. During the three months ended September 30, 2016, the Company incurred acquisition-related expenditure of $0.1 million related to these acquisitions.

18. Subsequent events

Sale of common stock

On October 6, 2016, the Company entered into stock purchase agreements with two investors under which the Company agreed to sell each of the investors 2.5 million shares of the its common stock at a price of $9.00 per share, for aggregate gross proceeds to the Company of $45.0 million. Closing of the transactions is scheduled to occur on or about November 9, 2016.

Strategic investments

Blue Label Telecoms

On October 4, 2016, the Company entered into a Share Subscription Agreement (the "Blue Label Subscription Agreement") with Blue Label Telecoms Limited ("Blue Label"), a JSE-listed company which is a leading provider of prepaid electricity and airtime in South Africa. Pursuant to the Blue Label Subscription Agreement, the Company will purchase approximately 117.9 million ordinary shares of Blue Label at a price of ZAR 16.96 per share, for an aggregate purchase price of ZAR 2.0 billion ($144.3 million, translated at exchange rates applicable as of September 30, 2016) in cash. The Company expects that the proceeds from its investment in Blue Label will be used to partially fund Blue Label's acquisition of a 45% shareholding in Cell C (Proprietary) Limited, a leading mobile provider in South Africa. Closing of the Company's investment in Blue Label is subject to closing conditions and is expected to occur simultaneously with the closing of Blue Label's Cell C investment.

The Company expects to fund the transaction through a combination of cash on hand, a portion of a ZAR 1.4 billion loan facility to be provided to Net1 Applied Technologies South Africa (Pty) Ltd ("Net1 SA") from FirstRand Bank Limited (acting through its Rand Merchant Bank division) ("RMB") as described below and the sale of common stock referred to above.

Finbond

On October 7, 2016, the Company provided a loan of ZAR 139.2 million to Finbond in order for Finbond to partially finance its expansion strategy in the United States. Finbond expects to conclude a rights offering during the first quarter of calendar 2017 and the Company has provided an irrevocable undertaking to participate in the rights offering and convert the ZAR 139.2 million loan to Finbond shares as part of this process.

RMB Loan Facilities

On October 20, 2016, Net1 SA entered into a Common Terms Agreement, a Senior Facility A Agreement, Senior Facility B Agreement, Senior Facility C Agreement, Subordination Agreement, Security Cession & Pledge and certain ancillary loan documents (collectively, the "Loan Documents") with RMB, pursuant to which, among other things, Net1 SA may borrow up to an aggregate of ZAR 1.4 billion ($101.0 million, translated at exchange rates applicable as of September 30, 2016) to finance a portion of its working capital requirements and a portion of its investment in Blue Label. The amounts available under these loans and an escrow deposit of ZAR 600 million ($43.3 million, translated at exchange rates applicable as of September 30, 2016) made by Net1 SA serve as security for a guarantee issued by RMB in favor or Blue Label (the "Guarantee"). Net1 and certain of the Company's other subsidiaries have agreed to guarantee the obligations of Net1 SA to RMB and subordinate any claims they may have against Net1 SA and certain of its subsidiaries to RMB's claims against such persons. The Loan Documents provide for a Facility A term loan of up to ZAR 500 million ($36.1 million), a Facility B term loan of up to ZAR 900 million ($64.9 million), amounts translated at exchange rates applicable as of September 30, 2016, and a Facility C term loan in an amount equal to the aggregate amount of voluntary prepayments of the outstanding principal amount of the Facility A loan.

Interest on the loans is payable monthly based on the Johannesburg Interbank Agreed Rate ("JIBAR") in effect from time to time plus a margin of 1.35% for the Facility A and Facility C loans and 2.75% for the Facility B loan. The JIBAR rate was 7.1% on October 20, 2016.

Principal repayments on the Facility A and Facility B loans are due in eight equal quarterly installments, beginning on January 31, 2017, and all of the loans mature on October 20 2018. Principal repayment on the Facility C loan is due in quarterly installments to be determined by RMB subject to the date of borrowing thereunder. Voluntary prepayments are permitted without early repayment fees or penalties.

The loans are secured by a pledge by Net1 SA of its entire equity interest in Blue Label. The Loan Documents contain customary covenants that require Net1 SA to maintain a specified total net leverage ratio and restrict the ability of Net1 SA, and certain of its subsidiaries to make certain distributions with respect to their capital stock, prepay other debt, encumber their assets, incur additional indebtedness, make investment above specified levels, engage in certain business combinations and engage in other corporate activities.

Acquisitions

C4U Malta

In November 2016, the Company acquired a 100% interest in C4U Malta ("C4U"), a licensed Maltese Financial Services Authority supervised electronic money institution, for approximately $3.9 million. C4U's license has been passported across all member states of the European Union. The Company intends to apply for a principal membership with the major card associations as soon as possible and to integrate a robust and reliable issuing and acquiring processing platform in C4U to enable the issuance of electronic money instruments, such as electronic money accounts, prepaid cards and virtual cards, after a transitional period of integration and technology adaption. The Company plans to build and reinforce C4U such that it operates as its principal regulated electronic money institution with the ability to cover all of the Company's financial services activities and business in the European Union.

The purchase price allocation has not been finalized, as management has not yet analyzed in detail the assets acquired and liabilities assumed. The Company expects to finalize the purchase price allocation on or before June 30, 2017.

Pros Software (Pty) Ltd

In October 2016, the Company acquired a 100% interest in Pros Software (Pty) Ltd ("Pros Software"), a software development and consulting services based near Johannesburg, South Africa, for ZAR 25.0 million ($1.8 million, translated at exchange rates applicable as of September 30, 2016). Pros Software performs software development and consulting services for a number of clients, including for the Company.

Pro forma results of operations have not been presented because the effect of the C4U and Pros Software acquisitions, individually and in the aggregate, were not material to the Company. During the three months ended September 30, 2016, the Company incurred acquisition-related expenditure of $0.1 million related to these acquisitions.