Entrepreneurs are the lifeblood of our economy, with SME’s making up 52% of GDP in South Africa. The work and passion that entrepreneurs put into running their business is a constant source of inspiration to us.
However, due to high costs and strict requirements, only 6% of businesses are able to accept card payments. With a card penetration of over 75% amongst adults in South Africa, the ability for a business to accept cards has gone from being a luxury to an absolute necessity.
Here at Yoco we’ve made it our mission to solve this problem. Yoco allows you to accept card payments by turning your existing smartphone or tablet into a point of sale device. Our solution comprises of a mobile card reader, a point of sale App and Business Intelligence Portal.
Through the highest approval rates in the country, 4 days from sign up to transacting, pro-active customer support and providing you with real time data about your business - Yoco aims to empower entrepreneurs to run and grow their business more easily.