May 14, 20233 min read

Yoco Card Machine Authorised Reseller

We now can help you take payments

The Go-To Guy is now an Authorised Reseller and we thought it would be good to explain what that means and what the benefits are for especially small and medium businesses in Potchefstroom.

About Yoco

Yoco is an proud African technology company with the aim to enable and create opportunities for entrepreneurs to get paid, and as a result be more successful in their ventures across South Africa.

Small business required an easy card payment solution

Yoco identified that card transactions, as well as online transactions, were fast growing payment and purchasing channels, yet Entrepreneurs, Small and Medium Businesses were finding it difficult to find a solution that at a low cost, and easy method, could enable these businesses to facilitate such payments.

The Yoco card machine was created

With this in mind Yoco set out to make it as simple as possible for small business owners to accept card payments, in-person and online, and created simple card machines and online payment tools that more than 200 000 business owners use to grow and uplift the economy, and to take payments wherever they may be.

How does it work?

The process to start taking payment is as simple as purchasing a Card Machine from The Go-To Guy, link your bank account and verify your identity or company, which The Go-To Guy assists you with, and you can start transacting and take payments on your card machine.

What do I have to buy and pay?

The Yoco offer is a very simple and business friendly offer, you buy a card machine and after that you pay only a small fee per successful transaction, no rental fees, no subscription, no hidden costs.

The card machine itself starts at a basic price of R599 for the Yoco Go and the standard fee taken per transaction is currently at 2.95% (Ex VAT). Note that if you have high volume and value then a lower fee may be applicable to your business.

You only pay a single fee per transaction with Yoco. No settlement fees. No hidden costs. No penalties. And no monthly data costs.

What card machine do I need?

The Go-To Guy will assist you in analysing your needs and advise you accordingly to the best options and commercial offer for your business.

What happens after I have my card machine?

Once you have your card machine its as simple as selling your product or service, taking customer card and recording payment for transaction, exactly like you see at any business where you have paid with your card, and once customer has paid the funds will flow through Yoco service to your bank account.

How long does it take to get paid on Yoco?

It takes between 1 to 2 business days for the funds to appear in your account.

Do I need Internet for Yoco machines?

Yes you will need Internet to allow the Yoco machine to connect, either through your Mobile Phone or if you take a machine with an integrated SIM Card you will connect for free to the mobile network. To connect to the internet, you can connect through WiFi or through mobile internet (LTE, 3G, or 4G and higher).