AllPay wins against Net1

2013-12-01 14:00

Absa subsidiary AllPay has emerged victorious in its latest and last round of legal wrangling with Cash Payment Services (CPS), a Net1 subsidiary, over a R10?billion tender to distribute welfare and social grants.

When CPS won the tender in 2009, AllPay immediately alleged foul play and took its competitor to court over the contract to distribute grants to more than 15?million children, pensioners, the disabled and war veterans.

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