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Yoco

Table of Contents
Yoco Payment Gateway
Introduction

Yoco launched its mobile card acceptance offering in 2015 with an affordable pay-per-use transaction pricing model. The company’s no fixed monthly rental fee appealed to smaller merchants that previously could not afford traditional card terminals.

To start accepting card payments, business owners can connect the Yoco card reader to their Android/iOS smartphones or tablets. The hardware is paired with a comprehensive Point of Sale (POS) application and business intelligence portal to give businesses real-time access to sales insights and analytics.

Yoco later launched the Yoco Payment Gateway, a solution that enables business owners to accept payments on their WooCommerce or Wix e-commerce websites. Entrepreneurs can add the plugin to their site and activate Yoco as a payment option. 

They deliver their card machines in South Africa.

 

Why we recommend Yoco for South African SMEs

  • No fixed monthly fees, so you pay only when you get paid.
  • A card machine that pairs with your phone or tablet, plus an online payment gateway for WooCommerce and Wix stores.
  • Next-day payouts and a live sales dashboard.
  • Local support and fast delivery of card readers across South Africa.

Yoco is a solid first card machine for small and mobile businesses, from market traders to service providers who take payment on site.

Get started with Yoco

Main Features
  • Card machines – Choose from the Khumo 2, the Khumo Print 2 with a built-in printer, the Yoco Counter set, or Tap to Pay on iPhone. All accept the major cards and give you full access to the online business portal to manage your sales.
  • Cash Advances (Yoco Capital) – Get prequalified for a cash advance that can be used to buy stock or equipment. To qualify for Yoco Capital, you need to have been a Yoco merchant for at least three months. The cash advance is paid off automatically with a small percentage of every sale you make.
  • Yoco App – Run your business from your phone. You can view and track your sales history or access your business and account data in your online business portal. Users can create sales, see their transaction history and track business performance on the app. You are also able to add discounts for customers, send digital receipts via email or SMS, and manage refunds and chargebacks directly from the app.
  • Yoco Link – For businesses without a website, Yoco Link allows businesses to get paid online through a link sent to a customer in a chat, email or on social media.
  • Yoco Gateway – Accept card payments on your website. The gateway works with Shopify, WooCommerce, Wix and Shopstar, and custom sites.
Pricing

Yoco has no monthly rental on its card machines. You buy a machine once, then pay a fee on each card payment. On the Core plan there is no monthly fee; the Plus (R249 a month) and Pro (R499 a month) plans lower the transaction rates. These are the prices on Yoco’s pricing page in October 2026.

Card machines (once-off):

  • Khumo 2: R699 (was R1,299).
  • Khumo Print 2: R1,399 (was R1,999), with a built-in receipt printer.
  • Yoco Counter: R3,499, a counter point-of-sale set that includes a Neo Touch card machine.
  • Tap to Pay on iPhone: take card payments on an iPhone with no extra hardware.

Transaction fees (in person, excl. VAT), monthly card sales up to R50,000:

  • Core (R0 a month): 2.30% on local debit and credit cards, 3.20% on international cards.
  • Plus (R249 a month): 2.10% debit, 2.20% credit, 3.10% international.
  • Pro (R499 a month): 1.95% debit, 2.15% credit, 3.05% international.

Between R50,000 and R200,000 a month, the local debit rate drops to 1.35% on Core, 1.25% on Plus and 1.20% on Pro. Above R200,000 a month, Yoco quotes a custom rate. Yoco says online payments cost 0.5% more than its card machine rates.

Payouts: standard payouts carry no separate fee, and the Pro plan includes free fast payouts.

Comparing card machines? See how the two biggest local providers stack up in our Yoco vs iKhokha comparison.

Pros and Cons

Pros

Mobile and Convenient
Inventory Management
Customer Vouchers

Cons

No card machine rental option is available.
Slow Syncing and Bluetooth
FAQs

Yoco prioritizes security. All transactions are securely encrypted using industry-standard protocols. They are EMV (chip and pin) and PCI compliant, and their card machines are tamper-proof.

You can immediately deactivate your Yoco card machine through the Yoco app, preventing unauthorized transactions. Contact Yoco support for further assistance.

Yoco accepts all major credit and debit cards, including Visa, Mastercard, Maestro, and Amex.

Funds from swiped transactions typically settle in your bank account within 1-2 business days. Funds from tapped transactions may settle instantly or within 1 business day (depending on your bank).

Yes, you can easily issue full or partial refunds directly through the Yoco app for transactions processed within the last 90 days.

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