Serge Belamant At The Heart Of Digital Payment Systems

The blockchain technology has experienced tremendous success over the last couple of years. Serge Belamant is credited as the initial patent holder of the technology. The French-born IT expert learned and perfected his trade during his time in South Africa. Visit

He studied computer science and technology in Johannesburg’s Witwatersrand University. He had moved to the country along with his family in his early teenage years. His illustrious career has given him an opportunity to brush shoulders with leading market players in the IT industry. Serge Belamant enjoyed largely successful stints in different companies before opting to go out on his own.

The global banking industry is one of the greatest beneficiaries of his innovative products. Most of these game-changing products have earned him a reputation and admiration from friends and foes alike.

In 1989, Serge Belamant decided to try out his hand in business. He established Net1 UEPS Technologies to focus on electronic payment systems. His success drew the attention of VISA who contracted him to create offline pre-authorized cards. The cards were chip enabled, and are akin to the present-day debit and credit cards.

In the early 2000s, he worked to set up a digital payment system that revolutionized money transfer in South Africa. Grants and welfare funds could eventually get to their recipients in record time. The security of these funds was guaranteed, thanks to his efforts. Russia and Iraq have also made the most of this technology in their financial systems.

Zilch Technologies, his other venture, was set up in the same fashion as his first investment. The UK-based firm has helped Serge Belamant exploit his creative abilities to significant effect. He mentioned that the idea of establishing the firm stemmed from a discussion he had with his son, an IT engineer. They desired to help millennials make sound financial decisions. They leveraged on social media platforms that appeal most to young people.

In keeping with his love for innovation, their tools receive constant updates to remain relevant in the market. Serge Belamant shares his expertise with budding entrepreneurs and serves in the Board of Advisors of numerous firms including Prism Group Holdings. He firmly believes that learning is a continuous process and urges entrepreneurs to understand the needs of their clients better to maintain their cash flow. Read more on