Company Overview

About Yoco

Yoco Details

Founded

2015

Revenue

$10M

Funding

$102M

Team Size

500

What SIA Thinks

Yoco is a software company designed to help small businesses easily accept payments and manage their operations. With a focus on simplicity and accessibility, Yoco offers tools that enable businesses to handle transactions both online and in-person. Their system is user-friendly, which means that even those who aren't tech-savvy can navigate it with ease.

One of Yoco's main products is their card reader, a portable device that allows businesses to accept card payments anywhere. This is particularly useful for small businesses that operate on-the-go, at markets or fairs, or who do not have a fixed retail location. The card reader connects directly to a smart device, making it convenient and efficient.

In addition to payment solutions, Yoco provides software that tracks sales and inventory. This feature helps business owners keep an eye on their performance, stock levels, and customer preferences, all in one place. By having this information readily available, businesses can make better decisions on the fly.

Yoco's platform is designed to be affordable, with no lengthy contracts or hidden fees, which makes it an appealing option for small business owners who need to manage their costs carefully. The company also offers customer support to help users get the most out of their products and services.

Overall, Yoco is about giving businesses the tools they need to process payments smoothly and keep their operations running efficiently, without the complexity or high costs that many other solutions come with. It’s made with the needs of small business owners in mind, aiming to make their day-to-day tasks a little easier.

Pros and Cons

Pros

  • Easy payments
  • Quick setup
  • Affordable pricing
  • User-friendly design
  • Receipt options

Cons

  • Device reliance
  • Limited features
  • Customer support
  • Hardware costs
  • Transaction fees

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