South Africa: Yoco Empowers Small Businesses With Major Platform Update and First Ai Agent

More than 20 new products and features and a major rate cut go live today, alongside a first look at Yoco AI, the company's upcoming AI agent, marking Yoco's shift from payments provider to full smart commerce platform.

Today Yoco announced its biggest product launch yet: more than 20 new products and features designed to give South Africa's independent businesses the advantage they need to win, alongside a first look at Yoco AI, the company's first AI agent.

For years, independent businesses, which power 40% of South Africa's economy, have run on tools never built for them: generic, disconnected, designed for big business and watered down for small. Yoco started by solving access to payments. Today, it's giving independent businesses an unfair advantage: a smart commerce platform that moves them from survival into growth.

"Yoco started by giving independent businesses access to payments. Today, we're giving them the tools that used to belong only to big business, at a price built for small business. We call it the unfair advantage," said Carl Wazen, Yoco Chief Business Officer.

Follow us on WhatsApp | LinkedIn for the latest headlines

Yoco AI: intelligence democratised

Yoco believes AI shouldn't be reserved for big businesses with data teams. For independent businesses operating in constant volatility on thin margins, insight isn't a luxury, it's survival.

Less than a month after announcing its acquisition of Dyner.ai, Yoco today revealed Yoco AI, its first AI agent for independent businesses, coming soon. Yoco AI will learn each...

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.