What is the Yoco online payment gateway?

03 May 2023

Yoco is a payment gateway service launched in 2015 in South Africa. It enables small businesses to accept card payments through a mobile card reader that plugs into a smartphone or tablet.

Merchants can sign up for Yoco online and receive a free mobile card reader within a few days. The card reader connects to a smartphone or tablet via Bluetooth, enabling merchants to accept card payments anywhere.

Yoco offers competitive pricing with no monthly fees or fixed costs. Merchants only pay a small percentage of each transaction, making it an affordable payment gateway solution for small businesses. Yoco also provides real-time reporting and analytics, enabling merchants to track their transactions, view transaction history, and generate reports.

One potential downside of Yoco is that it only supports cards and does not support other payment methods, such as mobile wallets or bank transfers. Additionally, Yoco is currently only available in South Africa, which limits its availability to businesses outside the country.

Unlike Yoco, PayCEC supports a variety of payment methods, including mobile wallets, bank transfers, and other popular payment methods. This flexibility allows merchants to offer their customers a wide range of payment options, which can increase sales and customer satisfaction.

Moreover, PayCEC's availability is not limited to a specific region or country, which makes it an inclusive option for businesses with a global presence or those looking to expand their operations internationally.

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Types of payment gateway.

Benefits of online payment gateway.

Online payment gateway list in the world.