Choosing the right speed point machine for your business can be overwhelming, especially with so many options available in South Africa. Three of the most popular swiping machine brands are iKhokha, Yoco, and Flash. Each of these brands offers different features, pricing, and benefits, making it crucial to select the best one based on your business needs.
The Best Card Machine for Small Business
In this article, we will compare iKhokha vs Yoco vs Flash machines, highlighting the strengths of iKhokha and Flash to help you make an informed decision.
iKhokha vs Yoco vs Flash: Which Card Machine is Best for Your Business?
iKhokha Card Machine: A reliable and affordable speedpoint machine designed for small to medium-sized businesses. It offers competitive transaction rates, multiple payment options, and access to business financing.
Yoco Card Machine: Another popular swiping machine, Yoco is known for its ease of use and simple pricing. It is best for small businesses that need a straightforward payment solution.
Flash Machine: Designed for micro-entrepreneurs and spaza shops, the Flash machine allows businesses to sell prepaid services like airtime, electricity, and Lotto tickets, in addition to accepting card payments.
Key Differences: iKhokha vs Yoco vs Flash
Card Machine Price: iKhokha is an affordable one-time purchase, Yoco is slightly higher than iKhokha, and Flash is low-cost but may have additional fees.
Transaction Fees: iKhokha offers lower fees compared to Yoco, while Flash fees vary depending on the service used.
Where to Buy: iKhokha and Flash machines are available online here with national delivery to your door. Yoco, Flash and Ikhokha are available at approved retailers.
Accepts Card Payments: All three machines accept card payments.
Sells Airtime & Prepaid Services: Only the Flash machine allows businesses to sell airtime, electricity, and Lotto tickets.
Business Financing Available: iKhokha provides financing to its users, while Yoco and Flash do not.
Mobile App Support: All three machines come with mobile app support.
Connectivity: iKhokha, Flash and Yoco support Bluetooth, WiFi, and 4G.
Why Choose an iKhokha Machine?
The iKhokha machine is a great choice for businesses that need an affordable and flexible speedpoint machine.
Affordable Card Machine Price: The iKhokha machine price is lower than Yoco, making it accessible to small businesses. It is also available at Pep stores for convenience.
Lower Transaction Fees: Compared to Yoco, iKhokha offers lower transaction fees, helping businesses save money on every sale.
Multiple Payment Options: The iKhokha machine accepts chip, tap, and swipe transactions, along with online payments and QR code transactions.
Business Financing: One unique feature of iKhokha is that it offers business financing to its users, helping small businesses grow with access to capital.
Easy Setup & Mobile App: The iKhokha card machine connects easily to smartphones via Bluetooth or WiFi, and its mobile app provides insights into sales and business performance.
Why Choose a Flash Machine?
The Flash machine is perfect for spaza shops, tuck shops, and informal traders who want to offer more than just card payments.
Sell Airtime, Electricity & More: Unlike iKhokha and Yoco, the Flash machine allows businesses to sell prepaid services such as airtime, electricity, Lotto tickets, and bill payments. This feature is ideal for entrepreneurs looking to diversify their income streams.
Low-Cost Entry: The Flash machine price is affordable, making it a great option for micro-businesses with limited capital.
Cash & Card Payments: Customers can pay with cash or card, increasing business convenience and accessibility.
Reliable 4G Connection: Even in areas with weak internet, the Flash machine works using a 4G network, ensuring uninterrupted service.
Which Card Machine is Best for You?
- If you run a retail or small business and need a cost-effective card machine with low transaction fees, go for iKhokha.
- If you own a spaza shop or informal business and want to sell airtime, electricity, and Lotto tickets, choose Flash.
- If you prefer a simple card payment solution with fixed pricing, Yoco is a good option, though it’s more expensive.
For businesses that need both card payments and prepaid services, you may even consider using both an iKhokha machine and a Flash machine to maximise earnings.
When selecting a swiping machine, consider factors such as card machine price, transaction fees, and business needs. The iKhokha card machine stands out for its affordability and business financing options, while the Flash machine is unbeatable for businesses selling airtime, electricity, and other prepaid services.