Yoco has announced a strategic partnership with Shopstar, an e-commerce platform aimed at revolutionizing the digital retail landscape for small and medium-sized businesses across the country. This collaboration provides an omnichannel solution that puts control and visibility in the hands of business owners.
This partnership marks an important milestone in providing small and medium-sized businesses with the tools they need to thrive in an increasingly digital marketplace. By combining Yoco's payment solutions expertise with Shopstar's innovative e-commerce platform, we aim to provide business owners with seamless access to robust e-commerce capabilities and convenient payment solutions.
According to recent statistics, the compound annual growth rate (CAGR) from 2023 to 2030 will be more than 14.8%, and the market value will reach $6.2 billion in 2023. Rand Merchant Bank predicts that South Africa's e-commerce will rival that of developed countries by 2026. , which highlights the importance of initiatives like Yoco and Shopstar's partnership.
Through this partnership, small and medium-sized businesses will have access to a comprehensive suite of services designed to streamline their online operations and strengthen their digital presence. Also:
Integrated e-commerce solution
Shopstar's user-friendly platform allows business owners to easily set up and manage an online store with a customizable storefront and intuitive inventory management tools.
Secure payment processing
Yoco's secure payment processing solution integrates seamlessly 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 now have access to a seamless sales history, integrate in-person and online sales, and can more easily reconcile and manage their finances to maximize growth and profitability.
Marcello Shermer, Head of Partnerships and International Expansion, said: “At Yoco, we are committed to providing 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, and we are committed to providing small businesses with the tools and resources they need to succeed in today's digital economy. We are working together to provide business owners on our platform with access to a cutting-edge e-commerce solution with seamless payment processing capabilities.”
Similarly, Marion Hermans, founder of Marley Gray, shared her experience integrating Yoco with Shopstar and highlighted how it simplified the payment process for her business. She praised how easy it was to integrate Yoco into her own website, allowing for quick payments and streamlined financial management.
This collaboration aims to transform the digital retail landscape and unlock new opportunities for small and medium-sized businesses to succeed and thrive.