--------------------------------------------------------------------------------

Exhibit 10.29

ADDENDUM TO THE RELATIONSHIP AGREEMENT

between

NET 1 UEPS TECHNOLOGIES, INC

and

NET1 APPLIED TECHNOLOGIES SOUTH AFRICA (PROPRIETARY) LIMITED

and

BORN FREE INVESTMENTS 272 (PROPRIETARY) LIMITED

and

MAZWI YAKO

--------------------------------------------------------------------------------

1   PARTIES       1.1

The Parties to this addendum are –

      1.1.1  

Net 1 UEPS Technologies, Inc., a Florida corporation;

      1.1.2  

Net 1 Applied Technologies South Africa (Proprietary) Limited

      1.1.3  

Born Free Investments 272 (Proprietary) Limited;

      1.1.4  

Mazwi Yako; and

      1.2

The Parties agree as set out below.

2   INTERPRETATION

In this addendum -

2.1

words and expressions defined in the Agreement, shall, unless otherwise
indicated by the context, bear the same meaning in the Addendum;

    2.2

"Agreement" means the relationship agreement entered into between the Parties on
or about 9 December 2013; and

    2.3

"Parties" means the parties to this addendum.

3   VARIATION OF AGREEMENT

The Agreement is hereby amended as follows:

3.1

By substituting the date “31st day of January 2014”, in clause 4.1, with “15th
day of March 2014”.

--------------------------------------------------------------------------------

4   SAVINGS CLAUSE

4.1

Save to the extent specifically modified in this Addendum, or unless otherwise
agreed in writing between the Parties, all the terms and conditions of the
Agreements shall mutatis mutandis continue to apply.

      5   COSTS    

Each Party will bear and pay its own legal costs and expenses of and incidental
to the negotiation, drafting, preparation and implementation of this Addendum.

      6   SIGNATURE    

Signed on behalf of the Parties, each signatory hereto warranting that he/she
has due authority to do so.

SIGNED at ROSEBANK on JANUARY 31, 2014

  For and on behalf of   NET 1 UEPS TECHNOLOGIES, INC.               /s/ Serge
Belamant   Signature        Serge C.P. Belamant   Name of Signatory        Chief
Executive Officer   Designation of Signatory

--------------------------------------------------------------------------------

SIGNED at ROSEBANK on JANUARY 31, 2014

  For and on behalf of NET1 APPLIED TECHNOLOGIES SOUTH AFRICA (PROPRIETARY)
LIMITED               /s/ Serge Belamant   Signature        Serge C.P. Belamant
  Name of Signatory        Director   Designation of Signatory

SIGNED at ROSEBANK on JANUARY 31, 2014

  For and on behalf of BORN FREE INVESTMENTS 272 (PROPRIETARY) LIMITED          
    /s/ Mazwi Yako   Signature        Mazwi Yako   Name of Signatory       
Director   Designation of Signatory

--------------------------------------------------------------------------------

SIGNED at ROSEBANK on JANUARY 31, 2014

  For and on behalf of   MAZWI YAKO               /s/ Mazwi Yako   Signature  
     Mazwi Yako   Name of Signatory           Designation of Signatory

--------------------------------------------------------------------------------