Want to check your Yoco Fees? Log in to the Yoco App, select your business name to open the Business Settings page, and select Fees. Or click here.
Who's on the Starter Plan?
You're on the Starter Plan if you:
Signed up with Yoco under the Yoco Go Starter promotion
Signed up without buying a card machine (online payments only)
Signed up with Yoco and took over ownership of a Yoco Go card machine.
💡 Good to know: If at any point you purchase a Yoco Khumo, Khumo Print or Neo Touch and link it to your Yoco profile, you will automatically move from the Starter Plan to the Core Plan.
Starter Plan fees
Starter Plan fees include transaction fees, which are dependent on your monthly sales, and a daily payout fee of R2.50 (incl. VAT).
Transaction fees
In person: Local and international card transactions | 2.95% |
In-person: AMEX card transactions | 3.4% |
Online: Local card transactions | 2.95% |
Online: International card transactions | 3.4% |
Online: AMEX card transactions | 3.4% |
Online: Instant EFT | 2.0% |
* In line with industry standards, your transaction fees are referred to excluding VAT.
Daily payout fee
We charge a R2.50 (incl. VAT) payout fee per day that you transact to cover the bank fees we pay on your behalf every time there’s a transaction on your account. The payout fee is deducted from your daily transactions before the balance is paid into your Yoco account. If you don't transact on a certain day, you won't be charged a payout fee.
Not sure which Yoco Plan you're on? Here's how you can find out.
Starter Plan fee variations
Transaction fees for online payments only
If you sign up with Yoco and choose online payments only, transaction fees of 2.95% (ex. VAT) will apply for online transactions made with local cards and fees of 3.4% will apply for online transactions made with international and AMEX cards, from your first sale.
Transaction fees for Yoco Go Starter
If you sign up with Yoco and you buy a Yoco Go card machine through the Yoco website or one of our retail partners, you’ll pay 0% transaction fees for the first R5000 you process in sales, or three months have passed – whichever comes first. The 3-month period starts from the date you sign up with Yoco.
✨ Keen to find out more about the Core Plan? Here’s what you need to know.
VAT on transaction fees
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.
✨ 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!
✨ Find out more about Yoco fees here or explore the other Yoco Plans by selecting the relevant one below: