Yoco is an easy way for SMEs in South Africa to securely accept card payments at the store or on the go. The company is being operating for over a year and since then they've been fulfilling their mission to empower small businesses and reduce the complexity of accepting card payments.
Yoco provides very easy to use card reader that is portable. The card reader allows the user to dip a card to a mobile phone or tablet and transact.
Co-founder and CEO Katlego Maphai says they do not charge any monthly fees to small businesses and they offer insight and intelligence where business owner can look at their monthly performances and see how they are doing.
He says they have differentiated themselves from their competitors in that they offer business owners business tools to help them grow.
Yoco was nominated by Marijke Duminy who say he is highly impressed by their product and how it would revolutionise and improve the speed of service in his shop.