Yoco And Shopstar Join Forces To Empower Small Businesses
Yoco And Shopstar Join Forces To Empower Small Businesses. Yoco, Africa’s leading fintech company empowering small businesses, announces a strategic partnership with Shopstar, a prominent ecommerce platform, to revolutionise the digital retail landscape for small businesses across the country and deliver omnichannel solutions that puts control and visibility into the hands of business owners.
The collaboration between Yoco and Shopstar marks a significant milestone in the journey towards empowering small businesses with the tools and resources they need to thrive in an increasingly digital marketplace. By leveraging Yoco’s expertise in payment solutions and Shopstar’s innovative ecommerce platform, this partnership aims to provide business owners with seamless access to robust ecommerce capabilities coupled with convenient payment solutions.
The partnership takes centrestage at a time when ecommerce continues to grow despite complex economic headwinds in the country. Recent statistics put this growth at a Compound annual growth rate (CAGR) of over 14.8% between 2023 and 2030 with a market value of $6.2 billion as of 2023, while the Rand Merchant Bank has predicted that ecommerce in South Africa will match that of the developed world by 2026, underlining the significance of initiatives like Yoco and Shopstar’s partnership.
Commenting on the partnership, Marcello Schermer, Head of Partnerships & International Expansion said “At Yoco, we are committed to empowering 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, as we work together to provide business owners on our platform with access to cutting-edge ecommerce solutions coupled with seamless payment processing capabilities.”
Similarly, Marion Hermans, Founder of Marley Grey, expressed how the Yoco and Shopstar integration has simplified things for her. “As a Shopstar user, I really find it easy to integrate Yoco to my website – this has made payment processes seamless for my business with quick payouts. The Yoco ecosystem allows me to gather all payments in one place, do my reports and also check my analytics with ease”, she said.
The partnership between Yoco and Shopstar represents a powerful union of two industry leaders dedicated to empowering small businesses and driving economic growth across Africa. By providing small businesses with access to cutting-edge ecommerce solutions and seamless payment processing capabilities, this collaboration is poised to transform the digital retail landscape and unlock new opportunities for small businesses to succeed and thrive.
