Meet Yoco Point of Sale - SA's first free solution for SMEs

By Zeenat Vallie Time of article published Oct 5, 2017

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CAPE TOWN - South African smart technology payments company, Yoco has launched a free point of sales solution and flagship store in Parkhurst. 

Yoco’s enhanced Point of Sale (POS) solution is South Africa’s first 100% locally made, free point of sale app. 

The app has been specifically designed to enable small and emerging businesses with tools to enhance their business. 

With a packaged bundle offering, the app will allow businesses to organise stock, ring up sales, do cash ups, recons and monitor their sales performance in real-time. 

“We’ve been developing our new point of sale for over 18 months. During the beta phase, we saw 55 merchants process over 200 000 transactions on the Yoco Point of Sale. The experience highlighted to us the impact Yoco Point of Sale can have on the growth potential of thousands of other small businesses, from hairdressers to restaurants to clothing stores, across the country. The more these businesses grow, the more South Africa grows with it", says Yoco CTO Lungisa Matshoba. 

Picture: Yoco Pro Card Reader. (Supplied). 

Based on the success of the POS solution, Yoco is upgrading its 14 000 current merchants to the Yoco Point of Sale for free. 

The upgrade is also made available for free to any business that purchases a Yoco card reader. 

"We have made accepting payments easy for SMEs - our next natural step was to focus on making running a business easier. Our ultimate goal is to allow entrepreneurs to focus their attention on growth and customer engagement, and not the day-to-day tasks which can be streamlined through technology and data", Says Yoco CEO Katlego Maphai. 

Yoco Point of Sale was unveiled at the company's recently launched store in Parkhurst, Johannesburg. 

The Yoco Store is the arena where customers can explore and receive expert advice on Yoco’s products and solutions, as well as those of its partner ecosystem, which includes cloud accounting service Xero and cloud point of sale solutions TabletPOS (powered by iKentoo) and Vend.

Notably, Yoco Point of Sale is cloud-based and has begun to roll out across the Apple App Store and the Google Play Store. 


Seamless Sales In Store or On The Go

Yoco Point of Sale offers a secure cloud-based solution that backs up continuously and syncs automatically across all your devices. 

This enables you to manage your store from anywhere, whether it be from home or on the beach. 

It Works Offline

Yoco POS allows your business to continue even when your internet is dead. 

Speed Up Your Checkout

With a “shortcuts” screen you can speed up checkout by ensuring your most popular products are one click away, while quick and intelligent product searches make those slow movers easy to find and will keep the queue moving.

Easier for your customers

Yoco POS allows for simple refunding when a customer changes their mind, or easy discounts for when you want to reward their loyalty. There is also increased convenience and choice with multiple payment types - from card to cash, SnapScan, Zapper and EFT, and the ability to split their bill however they want to pay. 

Better insights

Yoco allows for real time insights and reporting about your business, enabling data-driven decision-making to help you grow. The Business Portal, which continuously syncs to POS, also allows for easy data extraction for more in-depth analysis. 

Less Errors, Easier Cash-ups

The POS also allows you to keep track of all sales, no matter how they come in, and easily view your daily takings at cash up time to be able to quickly check totals by payment type and reconcile for the day. 

Manage and motivate your staff

Yoco POS keeps track of your staff's performance and allows you to incentivise them with staff accounts that have customisable permissions, while improving tips with an on-device prompt for card payments.

Fully Integrated

Yoco POS integrates with Xero, minimising the risk of fraud and theft and making your accounting and reconciliations as simple as the push of a button. 

Bundled for Free with Payments

Yoco does not charge for basic POS. Also, Yoco Payments+POS is compatible across Android and iOS, so there is no need for expensive new hardware or setups. 

After-hours Support and Customer Service

Yoco support team work every day from 9am - 10pm. Yoco also has a leading edge pre-emptive support where they contact your business as soon as they notice a problem instead of you needing to get hold of them. 

READ ALSO: 10 000 SMEs now accept card payments with Yoco


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