The Core Plan is our standard pricing for businesses that transact less than R200,000 per month. It provides essential tools for payments, inventory, and operational control.
Not sure which Yoco Plan you're on? Click here to find out.
Core Plan fees
Core Plan fees include two types of fees:
Transaction fees, which are dependent on your monthly sales.
A connectivity fee of R49 (incl. VAT) is charged per card machine that you transact with during the month.
💡 Good to know: The connectivity fee doesn't apply to merchants who were previously on the Starter Plan and are still only taking payments with a Bluetooth-enabled Yoco Go, or online via Yoco Gateway, payment links, or a payment page.
✨ Want to check your Yoco Fees?
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Transaction fees
Transaction fees are applied as a percentage of each transaction you process with Yoco and are worked out based on your transaction volumes: R0–R100k or R100k–R200k.
| R0–R100k | R100k–R200k |
In-person: Local card transactions
In-person: International card transactions
In-person: AMEX card transactions
Online: Local card transactions
Online: International and AMEX card transactions | 2.7%
3.2%
3.4%
2.95%
3.4%
| 2.5%
2.75%
3.0%
2.55%
3.2%
|
* In line with industry standards, all transaction fees exclude VAT.
** To qualify for the lower rate, your turnover must average R100 000 or more per month over a 3-month period.
💡 Good to know: Around the world, online transactions cost 0.5% more than card machine fees. To balance this out, combine your card machine and online transaction totals to get even lower fees for both.
✨ Is your business making over R200 000 per month in sales? Start a conversation with us via our in-app chat to find out more about our Pro Plan custom fee structure.
VAT on transaction fees
We're required by law to charge 15% VAT on all transaction fees. For example, if you make a sale for R100 with a transaction fee of 2.7% (ex. VAT):
Yoco fees (2.7% ex. VAT) = R2.70
SARS VAT (0.4%) = R0.40
Total fee (3.1% incl. VAT) = R3.10
Payout total = R96.90
If you’re registered for VAT, you can claim this back from SARS.
✨ Have you added your VAT number to your Yoco profile? This is critical to ensuring that the invoices and receipts you send to your customers, and the Yoco tax invoices we send you are correct. Quick, add your VAT number to your profile here!
Connectivity fee
You’ll be charged a connectivity fee of R49 (incl. VAT) per month for each stand-alone Yoco card machine (Neo Touch, Khumo, Khumo Print) you transact with in a month.
The connectivity fee includes:
Free SIM cards with unlimited 4G data for all your Yoco transactions.
Connection to our platforms and servers for processing transactions.
Free replacement SIM (if required).
✨ You won't be charged a connectivity fee if:
You don’t use your card machine(s) in a specific month.
You were previously on the Starter Plan and are still only taking payments with a Bluetooth-enabled Yoco Go, or online via Yoco Gateway, payment links, or a payment page.
Connectivity fee payments
The connectivity fee is deducted from your first payout in the month following the one in which you used your card machine. So, for example, if you used your card machine in January, the fee will be deducted from your first payout in February. If, however, your card machine is inactive in February, the connectivity fee will be carried over to the next month in which it’s active.
Once you’ve paid your connectivity fee(s) and your balance exceeds the minimum payout amount of R50, you’ll receive your first payout for the month.
Your connectivity fee will reflect on your Yoco tax invoice as shown below.
✨ Signed up mid-month? You’ll be charged a pro rata rate for the first month. For example, if you signed up on the 11th of January, R31.61 (20/31 * R49) will be deducted from your first payout in the month you next use your card machine.
💡 Good to know: If you’re a seasonal business, you only pay the connectivity fee for the months in which you transact. If you’re active one month but not the next, we’ll carry over the cost to the following month (and so on). If you don’t transact for more than three months, we’ll suspend your SIM.
✨ Find out more about Yoco fees here or explore the other Yoco Plans by selecting the relevant one below: