It's that time of year again.
The Sage Small Business Awards with CapeTalk celebrates South Africa's entrepreneurial spirit.
If you’re proud of what your small business has achieved or know of a small business contributing to the growth of SA, nominate them now and they could win the 2017 Sage Small Business Award.
Last year's Sage Small Business Award with CapeTalk winner Yoco.
CEO and co-founder Katlego Maphai says Yoco makes it really easy for small businesses to accept card payments.
We have two card readers that connect up to your phone. You download an app, Android or iOS and you simply able to accept card payments. We've made it very easy to sign up. It takes you ten minutes to sign up, on average two to three days to get to your doorstep and you start transacting.— Katlego Maphai, Yoco CEO and co-founder
We started off in Cape Town and moved to Johannesburg in 2013.
Maphai adds that during that year in Johannesburg, he spent the entire time trying to get permission to operate as a payment facilitator.
The company is self-funded he says, and later, after securing a licence and began building the physical product, he moved back to Cape Town.
We took the bold decision to test our product properly in the market.— Katlego Maphai, Yoco CEO and co-founder
It was only in October 2015 that we really launched the company and since then, it has been growing like crazy.— Katlego Maphai, Yoco CEO and co-founder
Maphai says winning the Sage Small Business Awards with CapeTalk helped him and the business with exposure to the market.
It also helped the business gain credibility with the public he says.
Take a listen: