The Yoco card machine has become one of the most popular card machines for businesses to use to get paid in South Africa.
When getting a Yoco card machine, there are 2 options you can select from. You can either get the Yoco Go or Yoco Neo card machine.
In this article we are going to take a look at the features of these two card machines offered by Neo. From these features you will be able to see which one meets the needs of your business.
Before we take a detailed look at the two Yoco card machines let’s discuss what we know about Yoco.
Yoco Overview
Yoco is an African technology company. Through the Yoco card machine, they make it easy for companies to get paid and be more successful.
In a word where most people use plastic money it can be challenging for entrepreneurs to get paid. With most businesses struggling to access card payment tool it results in most businesses struggling to grow.
Yoco identified this problem and decided to come up with a solution. The Yoco card machine makes it as simple as possible for small business owners to accept card payments, in-person and online.
Who is the founder of Yoco?
Yoco was founded in 2014 by four friends — Katlego Maphai, Carl Wazen, Bradley Wattrus, and Lungisa Matshoba.
Now that we have knowledge what Yoco is all about, let’s get started with the 2 card machines they offer.
Yoco Go
This is the more popular of the 2 card machines. For a once-off amount of R299, it is South Africa’s most affordable card machine.
The fast, light and pocket-sized Yoco card machine is perfect if you’re accepting card payments for the first time.
Connect to your smartphone with Bluetooth and get paid wherever business takes you.
We love that the Yoco Go s affordable with no contract and monthly fees. Also, it has a decent battery life where a single charge can last you the whole day. In addition, it is wireless and pocket-sized meaning it goes wherever business is.
How Does the Yoco Go work?
It works in 3 simple steps.
First, connect the Yoco Go to any smartphone via Bluetooth using the Yoco App.
Second, your customer pays by tapping, swiping or inserting their card.
Third and last step, the money’s in your account within 2 business days.
Yoco Neo
Built for businesses looking to grow. Its built-in SIM is loaded with unlimited data for a lifetime of transactions.
You pay a once-off amount of R799.
No Bluetooth or smart device needed.
We love that the Yoco Neo comes with a SIM card and free, unlimited 3G data for life. Also, you can get on-screen sales info. You can view the last 48 hours of sales history.
How Does the Yoco Neo work?
It works in 3 simple steps.
First, turn on your Yoco Neo to automatically connect to 3G.
Second, your customer pays by tapping, swiping or inserting their card.
Third and last step, the money’s in your account within 2 business days.
Where can you buy a Yoco card machine from?
You can sign up on the Yoco website in a simple process that takes less that 5 minutes. Your card machine will be delivered for free anywhere in South Africa within 3 business days
If you’d prefer to buy in-store, you can also buy a card machine at any Hi Store, Incredible Connection or Cellucity. Other retail partners also include PEP, Makro and HiFi Corp.
Requirements to sign up are; your bank account details, a copy of your ID and your delivery address.
Yoco Card Machine Fees
No payment will be taken from you if you are not trasacting.
You only pay Yoco a small percentage on every card payment accepted.
Charges range from 2.6% to 2.95%.
Yoco Business Portal
The Yoco Business Portal allows you to track your credit card sales, view reports, manage your business and sell online.
You don’t have to pay for the portal. It’s free with any Yoco card machine or online payment tool.
What is the difference between the Yoco App and the Yoco business portal? The App is made for your phone. Portal is made for your computer. All that extra screen space means you can see much more detailed dashboards and reports on your Portal.
To access the business portal, you can click here
Yoco App
Manage sales, track performance and more with the free Yoco App
You can download the App for FREE from Google Playstore, Huawei AppGallery or Apple App Store.
It works on mobile or tablet comes with free Point Of Sale.
Once downloaded and installed, you can create sales, see your transaction history and track business performance.
Through the Yoco App you can SMS or email digital receipts.
One feature of the Yoco App which is particularly useful is that all sales are captured in one place. From cash to card, EFT to online payments.
Another useful feature is the ability to create and send links in-app to accept card payments online.
Conclusion
Yoco says 80% of their merchants have never accepted card payments before they join their platform. However, after they join, they wish they had joined earlier. It allows them to make their business grow by having a simple way to receive payments.
So far, 150 000 small businesses have chosen Yoco as their payments partner. From coffee shops to street vendors, from drop-shippers to hair stylists.
If you are looking for a reliable payment partner, we would definitely recommend you give the Yoco card machine a try.
Yoco Contact Number
If you wish to contact them here are their contact details
Support
support@yoco.com
+27 87 551 7000
(08h00 – 20h00)
Sales
sales@yoco.com
+27 87 551 7000
(09h00 – 17h00)
Capital
capital@yoco.com
+27 87 551 7008
(09h00 – 17h00)