Yoco Launches Neo Touch To Redefine Seamless Payment In South Africa
The development of Neo Touch was a complex and time-consuming process, requiring nearly 15 months of collaboration between Yoco's engineers and industrial experts.
Yoco, an African fintech company specializing in digital payment solutions, recently introduced a cutting-edge card machine named Neo Touch. This innovative device, believed to be the first of its kind in South Africa, sets a new standard for seamless and dependable payment experiences. Its user-friendly interface and reliability have raised the benchmark for ease of transactions.
The development of Neo Touch was a complex and time-consuming process, requiring nearly 15 months of collaboration between Yoco's engineers and industrial experts. Recognizing the challenges faced by businesses in South Africa, such as power cuts and inflation, Yoco aimed to ensure that payment processing is not an additional concern. They prioritized creating a reliable solution that allows businesses to focus on other pressing issues without worrying about payment-related obstacles.
According to Lungisa Matshoba, CTO of Yoco, “The small square design, and fully responsive touch screen make it comfortable to handle, and delightful to use. Business owners are facing challenges like power cuts and inflation at unprecedented levels; we believe that getting paid shouldn’t be one of them."
Why you should get the Neo Touch
For business owners, seamless payment collection is a daily necessity that should be hassle-free. Neo Touch enables this convenience by offering compatibility with various payment methods, such as Samsung Pay, Google Pay, Apple Pay, and AMEX. With its high-speed processing of insert and tap transactions, Neo Touch assists in minimizing queues and ensuring efficient customer service.
In addition to its effectiveness, Neo Touch offers enhanced security measures by eliminating the magstripe payment method. Yoco has observed that fraudulent activities during transactions have occurred through magstripe swipes, albeit accounting for only a small percentage of overall transactions.
An additional captivating aspect of Neo Touch is its unlimited 4G data, Wi-Fi functionality, and long-lasting battery. This combination ensures uninterrupted transactions for business owners throughout the day, following a full charge of the Neo Touch device.
Matshoba further explained the main reason for using Neo Touch saying, “But this device isn’t simply about getting business owners paid, it is about making that payment experience as seamless and premium as we can. The Neo Touch is the best tap-and-pay machine in the market right now.”
Yoco is the first payment company that has been granted permission from the Payments Association of South Africa to remove magstripe functionality. For a limited time, customers have the opportunity to purchase the Yoco Neo Touch at a special launch price of R899, which includes the accompanying charging stand. This offer is available both in-store and online, providing convenient options for customers to acquire the product.