iKhokha And Shopstar Pave The Way For Simpler E-commerce
iKhokha And Shopstar Pave The Way For Simpler E-commerce. South Africa’s e-commerce penetration rate is growing rapidly. Today, nearly half of all South Africans (47.7%) have shopped online, according to eMarketer.
The e-commerce market in Mzansi is also projected to reach R120 billion rand in 2023, meaning the opportunities are there for those who know how to take them, but complicated tech and expensive tools still stand in the way of SMEs reaching for their piece of the pie. iKhokha is changing tha, with their recent integration of iK Pay Gateway into Shopstar, the fintech is on a mission to reduce costs and effort for those looking to explore the world of e-commerce.
“This collaboration marks a significant milestone in our e-commerce journey,” says iKhokha CEO, Matt Putman. “By integrating our platforms, we’ve made the process of setting up an online store and facilitating payments smoother than ever. Our goal is to continuously create opportunities, ensuring all entrepreneurs flourish in the digital realm.”
iKhokha is a co-founder led financial technology company that believes every South African entrepreneur should be given the opportunity to compete in the digital economy – because when small businesses grow, South Africa thrives. All its digital payment solutions are built in-house at its HQ in Umhlanga where it manages the entire product life cycle from research to design, development, user testing, rollout, and product evolution. From Tap & Go enabled card machines to point-of-sale systems, top-tier ecommerce products (such as iK Pay Gateway) and, of course, the iKhokha app, the company prides itself on building highly competitive products at affordable prices to give businesses the payment tools they need to succeed, both in-person and online.
Transitioning is straightforward. If businesses operate a Shopstar, Wix or WooCommerce website, setting iKhokha up as their payment gateway is swift, allowing them to start reaping the benefits almost immediately.
