Page 15 - Nine Yards Magazine 2021/2022 - Old Mutual Corporate

cashless get set
YOCO
yoco.com
With over 180 000 connected merchants processing about R14 billion in annual payments across South Africa, Yoco remains the market favourite. There are a couple of reasons for this. One is that the devices are so versatile; the new standalone Yoco Khumo and Yoco Neo no longer require you to connect via
a smartphone. Another reason is that getting a Yoco point-of-sale device is as easy as shopping online. The once-off prices are R799 for the Khumo, R749 for the Neo, R299 for the Go, and they are delivered to you within days.
Founded: 2013
Merchants: 180 000 +
Max %: 2.95% + VAT (in-store) Nice-to-have: Quick delivery and easy customer service
Tap, click, scan, swipe... If your customers aren’t carrying notes
and coins, you’ll need a cashless (and preferably touchless) point-of- sale solution. Here are a few widely used options in South Africa.
By Mark van Dijk
WATCH
NINE YARDS TV Catch up on our talk with a successful online shop oldmutual.co.za/nineyardstv
SNAPSCAN
snapscan.co.za
Easy to use from both sides of the sales counter, SnapScan is used by 60 000 merchants and counting. Once you’re in, you’re set, but signing up for the service could be more complicated and involve more paperwork than some of its competitors.
Founded: 2013
Merchants: 60 000 +
Max %: 2.63% + VAT
Nice-to-have: Free SMSs to confirm payment
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