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    You are at:Home»Finance»Business»Yoco Card Machine
    Yoco Card Machine

    Yoco Card Machine

    0
    By admin on February 20, 2024 Business, Finance

    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 4 options you can select from. You can get the Yoco Go, Yoco Neo Touch, Yoco Khumo or Khumo Print card machine.

    In this article we are going to take a look at the features of these four card machines offered by Yoco. 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 four 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 4 card machines they offer.

    Yoco Go

    This is the more popular of the 4 card machines. For a once-off amount of R599, 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 is 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 Touch

    Built for businesses looking to grow. Its built-in SIM is loaded with unlimited 4G data for a lifetime of transactions.

    You pay a once-off amount of R899.

    No Bluetooth or smart device needed.

    We love that the Yoco Neo comes with a SIM card and free, unlimited 4G data for life. Also, you can get on-screen sales info. You can view the last 48 hours of sales history. Furthermore, it’s touchscreen is super responsive and easy to use.

    How Does the Yoco Neo Touch work?

    It works in 3 simple steps.

    First, turn on your Yoco Neo to automatically connect to 4G.

    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 Khumo

    This is Yoco’s premium smart card machine. Unlimited 4G data, product catalogues, staff profiles and more tools to grow.

    You pay a once-off amount of R1199.

    No Bluetooth or smart device needed.

    We love that the Yoco Khumo allows you to transact in under 3 seconds with ultra-fast 4G or WiFi connectivity. Also, you can manage your business and see your sales history on your Khumo.

    How Does the Yoco Khumo work?

    It works in 3 simple steps.

    First, turn on your Yoco Khumo to automatically connect to 4G.

    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 Khumo Print

    The Khumo Print is Yoco’s smartest standalone card machine with a built-in printer. Enjoy unlimited 4G mobile data, connect to WiFi and print physical receipts.

    You pay a once-off amount of R1999.

    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 transacting.

    You only pay Yoco a small percentage on every card payment accepted.

    Charges range from 2.5-2.7% (ex. VAT)

    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)

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