I have looked into the Yoco Neo Touch, which is changing the game in South Africa. It’s known for its versatility and ease of use, making it unique. Being a standalone machine means it works independently, smoothing sales in all shops.
The design of the Yoco card machine and its easy integration with the Yoco app make it stand out. It suits busy spots in Cape Town or new businesses in Johannesburg. By accepting all payment types, it boosts the shopping experience. The Yoco Neo Touch is a strong choice in payment solutions.
What is Yoco Neo Touch, and how does it work?
I’ve seen the Yoco Neo Touch card machine change the game in South Africa. It’s priced at just R899, making it a great deal for small business owners. The device makes handling card payments easy with its touch screen. Thanks to its functionality, it can do a lot, like take card inserts, support quick smartphone taps, and work with smartwatches.
Since its release, about 150,000 entrepreneurs have started using the Yoco Neo Touch monthly. It’s essential for them because of its low transaction fees, starting at 2.95%. Swipe payments are almost gone. Only 2% of Yoco’s transactions use them. This device is safer, as Yoco was the first in South Africa to stop using magstripe.
- The Yoco Neo Touch connects easily with a universal 4G SIM card and Wi-Fi.
- Yoco’s funding of over R1.9 billion from Retail Capital and Lululend ensures smooth transactions.
- Its battery can handle up to 400 transactions on one charge, showing its reliability.
Yoco has grown fast, from 36,000 local clients in February 2019 to 350,000. This growth shows how good and dependable their products are. The switch for users of the Yoco Khumo to this device is easy. It works with major card brands like VISA, MasterCard, SASSA, and AMEX. Its design and performance show how payment methods have evolved. The Yoco Neo Touch stands out in the market.
Yoco Neo Touch Price and Discount
Looking at the numbers, the positioning of the Yoco Neo Touch card machine stands out. In South Africa’s point-of-sale market, it’s more than just the initial cost. The real value is seen by understanding transaction fees, easy product access, and overall savings.
The Yoco Neo Touch was first priced at R899. But now, it’s available for entrepreneurs at a special discounted price of R799. And there’s more – an R100 discount for first-time buyers lowers the cost to just R699. Yoco calls this deal a “Limited Time Offer.” This means the bargain price won’t last forever.
Yoco makes getting the machine super easy with free delivery that takes about 2-3 days. This detail is perfect for business owners looking to update their sales systems fast. Orders are shipped quickly after an easy purchase through Yoco’s website.
- Visit Yoco’s website and create a merchant account
- Receive an automatic discount during checkout
- Enjoy free delivery to your doorstep in short order
My review shows the Yoco Neo Touch is a smart choice for businesses watching their budget. It combines cost-effectiveness with features designed for South Africa’s unique business environment.
How to order the Neo Touch Card Machine
As a professional journalist, I focus on giving clear, useful advice to merchants. I’ve looked closely into the Yoco Neo, a card machine that is becoming quite popular. Since February 2019, Yoco has grown from 36,000 to about 350,000 small business users. This shows that Yoco is a big deal in the world of payment.
Ordering the Yoco Neo card machine is simple and fast, perfect for any busy business owner. You start on Yoco’s registration page by creating a merchant account. This step kicks off a promising partnership with Yoco. Signing up might get you a good referral discount, making the first step easier.
Yoco believes in easy financial services access. They offer a ‘get it now, pay it back as you earn’ deal. Yoco clients have gotten over R1.9 billion in finance with partners like Retail Capital and Lululend. Yoco truly supports its clients’ growth. They show this by using a part of each transaction to repay cash advances.
Yoco also promises fast delivery. They aim to deliver the Neo Touch card machine within 24 hours in most areas. This minimizes business downtime. You can quickly meet your customers’ payment needs. Transaction fees start at 2.95%, which may decrease as your business grows.
Yoco is widely used by about 150,000 small businesses monthly. Their devices support the most common card terminals with cellular and Wi-Fi connections. The Neo Touch card machine, at R899, including its stand, shows Yoco’s dedication to affordability and quality.
If you’re considering adding Yoco to your business, my Yoco Neo card machine review suggests it’s a great choice. The Yoco Neo blends new technology with solid reliability and is ready to help your business.
Yoco Neo Card Machine Features, Design and Specs
I’m deeply into the world of payment solutions. I’ve noticed that the Yoco Neo is getting popular in South Africa. More than 300,000 businesses use it for payment processing. It has card machine features that cater to modern merchants, a sleek design, and fast transaction speed.
Yoco Neo Touch Features
The Yoco Neo is small and easy to carry. It doesn’t need to be charged constantly and can handle 400 transactions on one charge. This shows Yoco’s promise to deliver reliable service. It also offers instant funding, quickly giving merchants up to R10,000 from their Yoco balance.
The Neo Touch is great because it has built-in connectivity. With its built-in 3G SIM card and unlimited data, transactions are effortless. This card machine works independently, so merchants don’t need extra devices.
Using the Neo Touch is simple, thanks to its touchscreen. But, there have been a few complaints about slow transactions, sometimes up to five minutes. Yoco is working hard to improve it, recently updating its app to fix minor bugs.
I believe in being honest. The Yoco app takes privacy seriously, but it does collect usage info. It gives you quick access to sales history and payouts, showing the last two days of financial activity.
- Standout built-in 3G SIM offering unlimited data
- Exceptional battery life for extensive daily transactions
- Enhanced user experience with a responsive touchscreen
Yoco offers more than just a card machine. With the Yoco Capital and Online Payment Suite, they understand different business needs. Their cash advance service shows they’re about helping businesses with quick funding.
- Seamless digital receipt transmission via email or SMS
- On-screen financial insights and payout details
- Yoco’s suite of services catering to omnichannel payment needs
The Yoco Neo doesn’t work with POS systems, but it’s still a strong choice. It does well because of good user feedback and market presence. It’s perfect for businesses looking for an easy, efficient payment system.
Neo Touch Unboxing – What’s in the box?
As I remove the cover of the Yoco Neo Touch box, a wave of excitement hits me. The design of the card machine grabs my attention. It’s sleek and compact. A quick start guide is wisely placed on top, ready to help start my journey with this new tool.
What’s Included in the Box
The Yoco Neo Touch is placed inside, next to the charging stand. This ensures it stays ready for business. A USB cable and a wall adapter are inside, showing it’s all set for immediate use. Additionally, Yoco includes a sticker and a table tent for marketing, offering businesses a way to promote their new payment method.
Initial Setup and Configuration
Opening the box smoothly leads me to set up, starting with the quickstart guide. This manual is clear and detailed. It shows how to use the Yoco Neo Touch effectively and quickly. The instructions cover processing a receipt, fine-tuning settings, and connecting the machine, all while it sits on the charging stand. This easy process is excellent for businesses looking to offer satisfying service and improve their operations.
Yoco Neo Card Machine Review – Is it the right card machine for you?
I’ve covered payment tech for years and have seen Yoco’s rise in South Africa. Starting with 36,000 clients in early 2019, they now boast around 350,000 small business owners. My focus this time is on the Yoco Neo Touch card machine. It shows Yoco’s commitment to making payments easy and powerful.
This review shows the Yoco Neo is sleek and meets merchant needs. It joins Yoco Go and Yoco Pro, standing out with its R899 price. This price makes Yoco’s quality accessible to more businesses.
It accepts Visa and Mastercard, though swipe payments are rare, and is used in just 2% of transactions. The focus is more on touch and insert payments. This shift matches what today’s market wants.
- Extended Battery Life & Design: Its design is modern, and it has a long battery life. It has a wireless charging stand, which keeps it powered in busy settings.
- Finance Applications: Yoco helps businesses get finance, processing over R1.9 billion. This shows how well Yoco fits with other business tools.
- Transaction Costs: Yoco’s fees start at 2.95% per transaction, adjusting as businesses grow. This flexible pricing helps companies to expand efficiently.
- Efficient Delivery & Set-up: Yoco delivers fast and sets up easily. Businesses can start taking card payments quickly with minimal fuss.
The Yoco Neo suits many businesses, like shops, restaurants, and more. Yet high-volume businesses may miss built-in printing. The Neo’s price and features offer good value compared to the pricier Yoco Pro from 2017.
- Yoco’s range includes the Go, Pro, and Neo models, each serving different needs. They consider how businesses operate, their size, and what they need to do.
- About 150,000 small businesses use their Yoco devices every month. This shows a strong commitment and satisfaction among Yoco users.
- Yoco has handled R2 billion in cash advances, proving its financial services are strong and dependable.
In conclusion, the Yoco Neo stands out in South Africa. It’s known for processing payments well, easy setup, and quick delivery. It’s up to you to see if it fits your business’s scale, needs, and goals.
1. Yoco Neo Touch Compared to the Yoco Khumo and Khumo Print
Choosing the suitable Yoco card machine is key for 300,000+ South African businesses. The Yoco Neo Touch, Yoco Khumo, and Khumo Print each offer different features. Features like product catalogues and staff switching matter when picking one. This choice affects your business’s efficiency and how you manage costs.
Product Catalogues and Staff Switching
The Yoco Khumo leads the management of product catalogues and staff switching. On the other hand, the Yoco Neo Touch is best for simple card payments. It’s designed for businesses that want an easy-to-use machine.
Size and Outer Design Preferences
The Yoco Neo Touch is smaller than the Yoco Khumo. Its compact design is perfect for businesses with little space. It’s also great for mobile use.
Price and Savings
Saving money is essential these days. The Yoco Neo Touch is more affordable. This makes it ideal for new or small-budget businesses.
Payment Processing Capabilities
Both machines are good at processing payments. However, Yoco Khumo is better for bigger businesses. It has more features for sales management.
4G and Wi-Fi Connectivity Options
Both devices offer 4G and Wi-Fi connectivity. This means you can process payments anywhere your business goes.
Final Verdict: Neo Touch vs Yoco Khumo
The key is knowing what your business needs. The Yoco Neo Touch is great for small businesses. It has what you need for card payments, and it’s affordable. It also offers savings through Yoco Capital. However, the Yoco Khumo is better for businesses that need more advanced tools.
2. Compared to the Khumo Print
Comparing the Yoco Neo Touch card machine with the Khumo Print highlights a difference. The Neo Touch doesn’t have a built-in printer. This is crucial for those needing paper receipts. However, the Neo Touch shines with its touchscreen functionality and sleek design. It’s designed for the digital world, supporting eco-friendly digital receipts. This feature appeals to those moving away from paper transactions.
Point of Sale Integrations
The Yoco Neo Touch shines with its POS integrations. It connects seamlessly with Yoco’s free cloud POS software. This benefits small businesses, giving them tools for better customer service and business management. It’s perfect for companies wanting an all-in-one payment processing solution.
AMEX Support
Offering AMEX support, both the Yoco Neo Touch and the original model meet diverse customer needs. They accept a wide range of payment options. This broadens customer satisfaction.
Touchscreen vs. Non-touchscreen
The Neo Touch’s touchscreen offers a big advantage over old non-touchscreen types. This feature improves the user experience. It also makes payments quicker and smoother for businesses.
Price & Transaction Fees
The Yoco Neo Touch is priced well, considering its features. Its transaction fees match industry rates, even for card-not-present transactions. This makes it a budget-friendly choice.
Payment Processing Capabilities
Both card machine versions handle transactions well. They are reliable and fast, perfect for busy businesses. This reliability is critical for a successful business.
4G and Wi-Fi Connectivity Options
The Yoco Neo Touch supports both 4G SIM cards and Wi-Fi. This gives businesses flexibility in how they process payments. They can work well everywhere, from street markets to upscale shops.
Final Verdict: Neo Touch vs Yoco Neo
Choosing between the Yoco Neo Touch and the original depends on the business’s needs. The Neo Touch is great for those who prefer modern, easy-to-use tech. It’s ideal for companies looking to go digital with touchscreen tech and compatible software. The original Yoco Neo is better for those who like traditional ways.
4. Compared to the Yoco Go
I often review payment devices for businesses’ efficiency and functionality. I’m looking at the Yoco Neo Touch card machine and its comparison to the Yoco Go. These two offer great options for South African entrepreneurs wanting reliable transaction solutions.
4.1. Standalone vs. Phone Pairing
The Yoco Neo Touch card machine works independently without needing a phone. This makes transactions smoother than the Yoco Go, which must connect to a mobile device. This feature is great for businesses wanting ease during sales.
4.2. Point of Sale Integrations
The Yoco Neo offers more versatility without POS integrations. Compared to the Yoco Go, the Neo model supports more retail needs like sales, inventory, and staff management. This is ideal for retailers wanting a comprehensive solution.
4.3. AMEX Card Support
Accepting AMEX cards is crucial for businesses with diverse clients. Yoco Neo Touch and Yoco Go accept AMEX, removing customer payment barriers. This expands the market for business owners.
4.4. Price
Comparing prices, the Yoco Go is more affordable, but the Yoco Neo Touch has more features. For high-volume transactions, the Neo Touch could offer better value over time.
4.5. Payment Processing Capabilities
The payment processing capabilities of the Yoco Neo Touch outshine the Yoco Go. It allows R10K instant payouts and handles transactions well, even when slow. It ensures transactions finish, sometimes taking up to 5 minutes.
4.6. 4G and Wi-Fi Connectivity Options
Connectivity is key in South Africa due to varying internet access. The Yoco Neo Touch has 4G and Wi-Fi, offering two ways to stay connected. This is a significant advantage over the Yoco Go, especially in places with spotty internet.
Final Verdict: Neo Touch vs Yoco Go
In conclusion, the Yoco Neo Touch and the Yoco Go have strong points for different business needs. The Neo Touch’s standalone feature and better connectivity make it great for high-volume businesses. The Yoco Go is still ideal for smaller businesses or those just starting. Based on my insights, the Yoco Neo Touch is a smart choice for companies looking to grow in South Africa.
Yoco Neo Touch Transactional Fees Comparing To the Other Yoco Card Machines
Exploring Yoco’s card machines showcases their dedication to cost-effective payment processing across South Africa. The Yoco Neo Touch is noted for its competitive transaction fees starting at 2.95% minus VAT. These fees reduce as business turnover grows, making this pricing model clear and adaptable to business growth.
The speed of transactions at the point of sale influences the choice of payment systems. Yoco shines here by ensuring quick transactions that improve the checkout experience. Machines like the Yoco Neo Touch can significantly boost a business’s efficiency.
- In February 2019, Yoco had about 36,000 national clients, which has shot up to roughly 350,000 today.
- Last year, around 150,000 business owners used their Yoco devices monthly.
- The Yoco Neo Touch was introduced at an attractive price of R899. This compares to the roughly R3,000 for a Yoco Pro device in 2017, showing Yoco’s evolving pricing strategy.
Yoco does more than offer reasonable transaction fees. They have provided over R1.9 billion in financing through partnerships. This innovative funding is tied to transactional activity. Each time a customer pays with a Yoco device, a part of that payment goes towards repaying any cash advance. This way, repayment aligns with the business’s cash flow.
In comparison, iKhokha charges a transaction fee of 2.75% minus VAT, one of the nation’s lowest. Yet, Yoco stands out by supporting SME growth beyond pricing. They offer free use of their Yoco POS app and Business Portal. These tools help business owners track and boost their performance.
- Yoco’s finance options clearly state the total cost upfront. They offer flexible repayments tied to processed payments.
- The range of Yoco card machines, including the Yoco Go, Yoco Pro, and Yoco Neo, meet various business needs. They come with expert support available from 08:00 to 20:00 every day.
- Since 2018, Yoco’s launch of Yoco Capital has shown its commitment to providing innovative financial solutions in the region.
How to Use Yoco Card Machine
I love helping businesses grow in today’s world, so I’ve dug into how the Yoco POS app and their card machines work. I found ways to make selling things simpler by using smart payment processing. This guide is all about making your sales process smoother.
Starting a transaction is easy. Your customers can swipe, plugin, or use debit and credit cards for quick payments. Yoco’s card machines, like the Neo Touch, work with many payment methods, such as Visa, Mastercard, Samsung Pay, and AMEX. They meet all kinds of customer payment needs.
- Quickly get payments with a simple card swipe or tap.
- With the Yoco POS app, managing sales, tracking items, and giving refunds is a breeze.
- Sending digital invoices to customers quickly helps save paper.
Yoco also offers payment links. This means you can sell without a card machine in hand. It’s perfect for selling online or going to your customers. You can make a sale from anywhere, fitting into the changing business world.
In short, using Yoco makes selling easy, no matter how you do it. With digital or traditional payment options, it’s all about convenience. Yoco helps your business connect with customers for smooth sales. It’s a big help in running a modern business smoothly.
How the Yoco Neo Touch Serves Various Business Sizes
In South Africa, both small and large businesses need advanced payment solutions. The Yoco Neo Touch card machine meets these needs well. South Africa has the third-largest GDP in Africa. Cape Town and Johannesburg are big centres for business growth. New technologies help fight unemployment rates of about 30%.
Many South Africans now see starting a business as a good career choice. From 2017 to 2021, this interest grew from 70% to 80%. With many businesses closing, reliable payment systems like the Yoco Neo Touch are vital. It fits smoothly into any business, making operations run better.
- Designed to foster payment flexibility, the device is well-received by small businesses, which form the backbone of innovation in payment technology adoptions.
- The Yoco Neo Touch’s automated reconciliation solutions streamline day-to-day operations for large enterprises grappling with high transaction volumes.
- Its collaboration with MediaTek ensures the card machine provides a fast, easy-to-use experience crucial for businesses at every growth stage.
With fears of economic slowdown and a forecast of just 1% GDP growth, businesses must explore new markets. The Yoco Neo Touch helps companies to adapt by offering modern digital solutions. This improves customer experience and business operations.
Cash is still king in South Africa, with nine out of ten transactions in cash. The Yoco Neo Touch supports both cash and digital payments. It works well for a broad range of customers and businesses.
Most finance providers for South African businesses are local. This is a good time for companies to use a flexible payment solution like the Yoco Neo Touch. It helps over 150 groups support local entrepreneurs. Yoco works with different initiatives, helping businesses of all sizes grow.
- Small businesses leverage the Yoco Neo Touch for its sleek usability and MediaTek’s powerful chipset.
- Mid-market retailers benefit from its sophisticated processing capabilities and potential for integration with evolving retail technologies.
- Large entities appreciate the payment reconciliation features that effectively manage daily sales volumes.
The Yoco Neo Touch card machine is critical for businesses wanting to meet varied payment needs. It offers adaptable technology for today’s market and future growth.
Wrapping Up
In my study of various markets, the Yoco Neo Touch card machine stands out for businesses in South Africa. It offers an easy checkout process that meets many payment types. It’s vital for companies looking to grow, with its fair fees and reliability. My analysis shows its strengths locally and worldwide.
The Neo Touch handles sales quickly and accepts swipe, insert, or tap payments. It works with big names like Visa, Mastercard, and Samsung Pay. This makes it an excellent choice for businesses wanting to grow and please their customers. Many have asked about its reliability, which has proven trustworthy and builds user confidence.
After looking into the Yoco Neo Touch, I believe it does more than process payments. It helps businesses adapt and flourish in today’s fast-paced market. This review highlights how it embodies modern commerce. It brings together innovation, ease of use, and value, driving businesses forward.
Yoco Neo Touch FAQs
Q: What is the Yoco Neo Touch card machine?
A: The Yoco Neo Touch card machine is a standalone card machine designed to help businesses of any size or industry accept payments effortlessly. It combines the functionality and versatility of Yoco’s POS system in a pocket-sized device that works without the need to be paired with a mobile app or any external device, offering everything you need to process payments on the go.
Q: How does the Yoco Neo SIM functionality benefit my business?
A: The Yoco Neo SIM feature ensures you can accept payments anywhere without relying on a stable Wi-Fi or Bluetooth connection. It has a pre-installed SIM that works with major South African mobile networks such as MTN, Vodacom, and Telkom. It provides versatile payment options and helps you grow your business by accepting payments on the move.
Q: What is the battery life of the Yoco Neo Touch card machine?
A: The Yoco Neo Touch card machine boasts an impressive battery life, designed to last for 2-3 business days on a single charge under typical usage, making it an ideal choice for businesses operating in locations where charging facilities might be scarce or for those who are always on the move.
Q: Can Yoco Neo Touch process refunds directly from the device?
A: Yes, one of the notable functionalities of the Yoco Neo Touch is its ability to process refunds directly from the device. This feature is part of the Yoco app, making it easier for businesses to manage transactions and provide exceptional customer service without additional equipment.
Q: Does the Yoco Neo Touch card machine have monthly fees or contracts?
A: The Yoco Neo Touch card machine has no monthly fees or long-term contracts. This makes it a cost-effective solution for freelance professionals and businesses of any size, helping you manage your cash flow more efficiently.
Q: How easy is setting up the Yoco Neo Touch for first-time users?
A: The Yoco Neo Touch card machine is designed. It is ready to use out of the box, with no complex setup or the need for pairing with external devices. New users can start accepting payments shortly after unboxing, following quick and straightforward setup steps, which makes it an ideal choice for businesses not wanting to deal with complicated technology.
Q: How does the Yoco Neo Touch offer versatility in payment options?
A: The Yoco Neo Touch offers various payment options, including NFC (contactless), chip, and swipe transactions, and it accommodates all major credit and debit cards. Its built-in SIM card also allows for seamless, uninterrupted transactions even in areas with poor Wi-Fi or mobile data coverage, allowing businesses to accept payments under various circumstances.
Q: What support and warranty does the Yoco Neo Touch come with?
A: Every Yoco Neo Touch card machine has dedicated customer support from 8 am-5 pm on weekdays and a comprehensive warranty to cover any defects or issues encountered. This ensures businesses can rely on prompt assistance and peace of mind when using their devices.
Q: How does the overall design of the Yoco Neo Touch contribute to its functionality?
A: The Yoco Neo Touch is overall design focuses on portability and ease of use. Its pocket-sized, ergonomic design makes it easy to carry and use anywhere, turning any space into a point of sale. The device’s user-friendly interface and robust build quality also ensure that it can withstand the demands of daily use, making it a practical choice for businesses on the go.
