Checked 30 Oct 2026 · 2 changes this month
Yoco 3.4Bronze 30 pts
A South African payments company letting small businesses accept card payments with readers.
- Free to joinNo sign-up fee
- Only in South AfricaResidents only
- Easy sign-upQuick profile or ID check
- 2 ways to get paidBank payout 1-3 days, instant for fee
- Local, in personWork happens near you
- Since
- 2015 11 yrs
Based in- Cape Town, South Africa
- Web rank
- #180,664 worldwide
Can you join Yoco?
Answer three questions and we check them against Yoco's sign-up rules.
Pick your country and age, tick what you have, then press Check. Your answer shows here and in “Can I join?” below.
Yoco is a payment processor where anyone can register to start earning. Fees are 2.6-2.95% per card transaction, the minimum payout is R50 for Instant Payout, earnings are typically paid out instant payout arrives within an hour. standard payouts typically take 1 to 2 business days. and you can withdraw via Bank payout 1-3 days and instant for fee. Founded in 2015, Yoco is based in Cape Town, South Africa. It is available in South Africa.
Last updated
Getting paid
What the platform takes, when you get your money and how
Not verified yet: Payment protection Know the answer? Tell us
From the published fees above, before payment-processing, currency or withdrawal charges. Work out your own amount →
What people actually earn on Yoco
Sourced figures from the platform, filings and independent studies
We haven't found a verified figure for what people earn on Yoco yet. We add one here when Yoco or an independent study publishes numbers. See what people earn on other platforms →
What changed
Every update we made to this listing, with the page we checked
2 updates · latest Nov 1, 2026
What changed
Every update we made to this listing, with the page we checked
- Payout speed added: Instant Payout arrives within an hour. Standard payouts typically take 1 to 2 business days. source ↗
- Minimum payout added: R50 for Instant Payout source ↗
Every change we make to this listing, with the official page we checked. Recent updates across all platforms →
How complete is this profile?
We have 9 of the 17 things we track for every platform. Fees, payouts, join rules, countries and real earnings count most.
- Plain-English overview
- Payment protection
- Real earnings figures
- Review ratings
- Wikipedia or reference page
- Support channels
- Mobile apps
- Social accounts
- What kind of platform it is
- Year founded
- Headquarters
- Fees
- Minimum payout
- How fast you get paid
- Withdrawal methods
- Join requirements
- Countries it accepts
Every fact is checked against the platform's own pages. How we check →
Our rating
Worked out from the facts on this page, the same way for every platform
Strong on fees.
- Fees4.5
- Getting paid3.0
- Access2.8
- Track record3.5
- Proof of earningsNot enough facts yet
Not a review of service quality: a score from verified fees, payouts, access, track record and earnings data. How the rating works
Achievements
30 of 100 points from 5 of 14 achievements, Bronze tier. Earned from verified facts, never paid for
Free to joinNo fee to sign up+5
Why it matters Paying to join is a red flag on many work sites. This one costs nothing to start.
How we check The platform's sign-up and pricing pages show no fee to register as an earner.
Yoco free
Every platform with this badge →Clear feesPublishes its cut as a percentage+5
Why it matters You can work out what you keep before you start.
How we check The platform publishes its cut as a percentage on its pricing or help pages, which we record as a range when it is tiered.
Yoco 2.6–3%
Every platform with this badge →Low cutTakes 10% or less of what you earn+10
Why it matters More of every payment reaches you. Many marketplaces take 20% or more.
How we check The highest percentage the platform names in its published fees is 10% or less.
Yoco 2.6–3%
Every platform with this badge →Fast payoutsPays out instantly, daily or on demand+5
Why it matters Money arrives when you need it, not weeks later.
How we check The platform says payouts are instant, same-day, daily or on demand.
Yoco Instant Payout arrives within an hour. Standard payouts typically take 1 to 2 business day…
Every platform with this badge →10 years runningFounded at least 10 years ago+5
Why it matters Platforms that have lasted a decade are less likely to vanish with your balance.
How we check Its founding year, checked against company records, is at least 10 years ago.
Yoco Founded 2015
Every platform with this badge →Verified earningsA sourced figure for what people earn or are paid there10
Why it matters You can judge the pay from a real number instead of the platform's own promises.
How we check We need a figure for what earners are paid, earn typically, or how many people earn, with a link to the filing, pay page or study it came from.
Not earned yet: we have not verified this for Yoco.
Every platform with this badge →Open worldwideAccepts people from almost every country10
Why it matters Most earning platforms only take people from a handful of countries. This one lets almost anyone join.
How we check The platform's own terms or sign-up pages say it accepts people worldwide, with no more than eight countries left out.
Yoco South Africa
Every platform with this badge →Low payout barLets you cash out $10 or less5
Why it matters Small earnings are not left stuck in your account waiting for a high threshold.
How we check The platform's published minimum withdrawal is $10 or less, or it has no minimum.
Yoco R50 for Instant Payout
Every platform with this badge →Payment protectionHolds or guarantees payment before you work10
Why it matters Something stops you working for nothing, such as client money held before the work starts.
How we check The platform publishes how it protects earners' payments: escrow, guaranteed pay or a dispute process.
Not earned yet: we have not verified this for Yoco.
Every platform with this badge →Loved appA mobile app rated 4.5 or higher5
Why it matters A well-rated app usually means smooth day-to-day work and fewer payout problems.
How we check The platform's app is rated 4.5 or higher on the Apple App Store or Google Play.
Not earned yet: we have not verified this for Yoco.
Every platform with this badge →Top 10K websiteAmong the world's 10,000 most visited sites (Tranco)5
Why it matters Big platforms have more clients and buyers, and a lot to lose from treating earners badly.
How we check The site ranks in the world's 10,000 most visited on the Tranco list, a research-grade ranking.
Yoco #180,664 worldwide
Every platform with this badge →20 years runningFounded at least 20 years ago5
Why it matters Two decades of paying people is a strong track record.
How we check Its founding year, checked against company records, is at least 20 years ago.
Yoco Founded 2015
Every platform with this badge →Public companyListed on a stock exchange, with audited filings5
Why it matters Listed companies publish audited accounts, so their finances and risks are public.
How we check The company has a stock ticker on a public exchange, with filings we can read.
Not earned yet: we have not verified this for Yoco.
Every platform with this badge →Fully documentedFees, payouts, countries and company details all verified15
Why it matters Everything you need to decide is verified here, not left as guesswork.
How we check Fees, payouts, minimum payout, who can join and the company details are all recorded from official pages.
Not earned yet: we have not verified this for Yoco.
Every platform with this badge →
How achievements and tiers work · Open any badge for the details
Can I join Yoco?
Age, countries, equipment and how sign-up works
Yes, if you live in South Africa.
You need a smartphone and a bank account. Your profile and ID are reviewed before you start. First payout: 1-2 business days.
Enter your country and age in the quick check and we will tell you here whether Yoco accepts you. Your answers stay on your device.
Check with my country- A smartphone
- A bank account
- A government ID
- Sign upFree
- Quick profile or ID reviewIncluding an ID check
- Do your first workJobs, tasks or sales
- First payout1-2 business days
Good to know: South African sole traders can sign up without a registered company, but payouts must go to a bank account in their own name.
Apps and support
Mobile apps, help channels, awards and press
How Yoco compares
Against similar platforms in our directory
- At 2.6%–3%, Yoco sits near the middle — the median fee across the 17 card processing platforms we track that charge a percentage is 2.8%.
- Yoco is the only one of the 20 card processing platforms we track that pays out via instant for fee.
- Launched in 2015, Yoco is newer than most card processing platforms — 12 of the 20 we track were founded earlier.
Compared with the card processing platforms in our directory. See them all →
Is Yoco legit?
What we could verify about the company
Yoco is a real, operating platform. What we could verify:
- Operating since 2015 (11 years)
- Headquartered in Cape Town, South Africa
- Its domain yoco.com was registered in 2001 (registry record)
Listing last updated October 2026 · how we verify platforms · Missing or out of date? Tell us
Yoco in public records
Company filings, web traffic and app store data
- Website rank
- #180,664 worldwideAmong the top million sites (yoco.com)
- Domain registered
- Sep 2001yoco.com, 25 years ago
Sources: Tranco · RDAP registry. Retrieved October 29, 2026.
Yoco timeline
Founding, funding, milestones and news
-
Founded
Yoco founded
Headquarters today: Cape Town, South Africa
-
On FreelanceSites
Added to the FreelanceSites.net directory
Checked against its official pages before listing.
From the platform's own reports and press coverage we checked, plus company records on Wikidata. Know a milestone we're missing? Tell us
Guides
Step-by-step help for this platform
No step-by-step guide for Yoco yet. Browse all guides or find the right way to earn for you.
Frequently asked questions
Quick answers about Yoco
How much does Yoco charge?
Yoco fees: 2.6-2.95% per card transaction. On a $100 payment that leaves you about $97.05–$97.40, before withdrawal or conversion costs.
How do you get paid on Yoco?
Yoco pays out via Bank payout 1-3 days and instant for fee. Minimum payout: R50 for Instant Payout. Timing: Instant Payout arrives within an hour. Standard payouts typically take 1 to 2 business days.
Which countries is Yoco available in?
South Africa. Its main focus is South Africa.
Is Yoco legit?
Yes, Yoco is a real, operating platform: operating since 2015 (11 years), headquartered in Cape Town, South Africa and its domain yoco.com was registered in 2001 (registry record). As with any platform, check its current terms before relying on it for income.
What are the best Yoco alternatives?
Similar platforms include Razorpay, PayU, Braintree and Paystack. Compare their fees and payouts in the alternatives section below.
Compare Yoco with…
Yoco alternatives
More card processing like Stripe
RazorpayIndia leading payment gateway - businesses of any size accept cards, UPI, netbanking, and wallets, with payment links and pages for non-coders.
Fees Around 2% per domestic transactionrazorpay.com
PayUA major processor for emerging markets - merchants in India, Latin America, and Central Europe accept cards and hundreds of local payment methods.
Fees ~2% per transaction + GST (India focus)corporate.payu.com
BraintreeA PayPal-owned full-stack processor for online businesses - accept cards, PayPal, Venmo, and wallets through one integration.
Fees Around 2.59% plus 49 cents per transactionbraintreepayments.com
PaystackThe Stripe-owned processor built for Africa - Nigerian, Ghanaian, South African, and Kenyan businesses accept cards, mobile money, and bank transfers.
Fees From 1.5% per local transactionpaystack.com
PaymobA leading MENA payments company - merchants in Egypt, the Gulf, and Pakistan accept cards, wallets, and installments online and in person.
Fees 2.75% + EGP 3 per online transactionpaymob.com
Tap PaymentsA MENA payment gateway letting businesses accept cards and local methods across the Gulf.
Fees ~2.75% standard cardstap.company