With Yoco, the more you transact, the less you pay. And if your business transacts more than R200 000 for 3 months in a row (track your monthly sales quickly and easily in the Yoco App), you qualify for our special custom fees structure.

Good to know: If your business has multiple stores, each with its own Yoco profile, we’re happy to assess your fee structure based on the combined total turnover – as long as the profiles have the same CIPC number or owner (ID number). If you’re planning to open a new store with a new Yoco profile, let us know and we’ll put it on the same group rate as your existing Yoco profiles.

Our custom fees are based on a sliding scale that is calculated according to your monthly turnover. In line with industry standards, your transaction fees are referred to excluding VAT of 15%.

Once your turnover has reached R200 000 for 3 months in a row, you’ll receive an email from us detailing each type of transaction (card, online etc.) and its new, lower fees. You can also work out your transaction fees by looking at your monthly Yoco invoice and doing the following calculation:

(the fee/transaction amount) / 1.15 x 100

We are 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% (excl. VAT):

Yoco fees (2.7% excl. 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.

We typically reassess your custom fee structure every 12 months. If there are special circumstances, however, you are welcome to start a conversation via our in-app chat and select 'About my Yoco fees' to discuss your rates with us.