Net1 UEPS, is payments’ biggest stock market winner this week, seeing a 20.05 percent rise to $9.88 a share and a market capitalization of just over $450 million. The South African-based processer released its fourth quarter and full year results on Thursday, showcasing a 14 percent increase in revenue from 2011.
The POS equipment/software industry had the strongest week with an overall weekly gain of 2.34 percent. Micros Systems led the way with a 7.7 percent increase to $51.59 a share, and VeriFone saw a more modest 3.2 percent spike to an even $34.00.
The biggest losers of the week were in prepaid and remittance, with NetSpend Holdings falling 4.64 percent to $9.05 – the biggest drop of the week – and MoneyGram falling nearly 2.6 percent to $16.15. Both stocks did rebound slightly at close on Friday.
There were no major changes among networks, with Discover having the best week at 2.2 percent and Visa the worst at -1.6 percent. American Express and MasterCard each saw a slight fall of within one percent.
| All Payments | Bank Payment | Network | Acquirer/ Processor |
POS Equipment/ Software |
Prepaid Issuer | Remittance | |
| Closing | 123.47 | 101.01 | 167.54 | 120.44 | 115.79 | 39.46 | 93.03 |
| Weekly Gain (#) | -0.49 | -0.38 | -1.05 | 0.02 | 2.65 | -0.69 | -1.52 |
| Weekly Gain (%) | -0.40% | -0.37% | -0.63% | 0.02% | 2.34% | -1.72% | -1.61% |
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