Yoco, announces a strategic partnership with Shopstar, an ecommerce platform, aimed at revolutionizing the digital retail landscape for small businesses across the country. This collaboration delivers omnichannel solutions that put control and visibility into the hands of business owners.
This partnership marks a significant milestone in empowering small businesses with the tools they need to thrive in an increasingly digital marketplace. By combining Yoco’s expertise in payment solutions with Shopstar’s innovative ecommerce platform, the aim is to provide business owners with seamless access to robust ecommerce capabilities and convenient payment solutions.
Recent statistics show a Compound Annual Growth Rate (CAGR) of over 14.8% between 2023 and 2030, with a market value of $6.2 billion as of 2023. The Rand Merchant Bank predicts that ecommerce in South Africa will match that of the developed world by 2026, highlighting the importance of initiatives like the Yoco and Shopstar partnership.
Through this collaboration, small businesses will gain access to a comprehensive suite of services designed to streamline their online operations and enhance their digital presence. This includes:
Integrated Ecommerce Solutions
Shopstar’s user-friendly platform enables business owners to effortlessly set up and manage their online stores, complete with customizable storefronts and intuitive inventory management tools.
Secure Payment Processing
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Yoco’s secure payment processing solutions will seamlessly integrate into Shopstar’s platform, allowing business owners to accept a wide range of payment methods, including credit cards, debit cards, and mobile payments such as Apple Pay.
Seamless Integration
Business owners will have access to a seamless sales history, bringing their in-person and online sales together, empowering them to reconcile and manage their money more easily for maximum growth and profitability.
Marcello Schermer, Head of Partnerships & International Expansion said “At Yoco, we are committed to empowering small businesses with the tools and resources they need to succeed in today’s digital economy. Our partnership with Shopstar represents a significant step forward in this mission, as we work together to provide business owners on our platform with access to cutting-edge ecommerce solutions coupled with seamless payment processing capabilities.”
Similarly, Marion Hermans, Founder of Marley Grey, shared her experience with the Yoco and Shopstar integration, highlighting how it simplified payment processes for her business. She praised the ease of integrating Yoco into her website, enabling quick payouts and streamlined financial management.
This collaboration aims to transform the digital retail landscape and unlock new opportunities for small businesses to succeed and thrive.The post Yoco Revolutionizes Small Business E-commerce first appeared on IT News Africa | Business Technology, Telecoms and Startup News.