July 19, 2019 4:35 PM ET

IT Services

Company Overview of KSNET Inc.

Company Overview

KSNET, Inc. provides value-added network service for credit card and banking transaction processing. The company offers electronic payment gateway services for e-commerce businesses; and credit status inquiry and approval services for the transactions incurred in stores using the credit inquiry devices, and internet shopping malls using the electronic payment services. It serves various credit card affillitates. The company was founded in 1999 and is headquartered in Seoul, South Korea. As of October 29, 2010, KSNET Inc. operates as a subsidiary of Net 1 UEPS Technologies, Inc.

Sungbo Tower

2nd Floor

Samsung-dong 169-10

Gangnam-gu

Seoul,  135-090

South Korea

Founded in 1999

Phone:

82 2 3420 5800

Key Executives for KSNET Inc.

Chief Executive Officer
Chief Executive Officer of Net 1 Ueps Technologies, Inc.
Age: 65
Compensation as of Fiscal Year 2019.

KSNET Inc. Key Developments

KSNET Announces Sales Results for the Third Quarter of 2019

KSNET announced sales results for the third quarter of 2019. Revenues declined in constant currency, primarily driven by lower values at volumes processed during the quarter. Revenue decreased 13% in Korean won to $36.1 million.

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Recent Private Companies Transactions

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