App Size: 13.6mb
Developers: Dirk Coetsee, Jack Lieu,
Category: Best Enterprise – Media & communications, Most Innovative App
iKhokha is the ultimate small business application enabling any SME to accept Cash, Card & mobile/QR payments as well as take an optional cash advance based on trading history.. The Cash Advance offered to you is calculated on your card transaction history and is closely linked to your average monthly card turnover to date.
Increase your stock, buy equipment, take on staff or open a new store. It’s up to you! Once you have accepted a Cash Advance in your app the funds are deposited into your bank account within 24hrs.
The more you process through iKhokha the bigger the amount you qualify for.
Repayments are made automatically as a fixed percentage of your daily card sales. Pay more when your sales increase and less when they decrease.
Yes, that’s an SA first.
Additional functionality includes the ability to track your business sales, sell airtime for a rebate and refer friends for R100 cash.
This is a game changing application and SME focussed mobile platform.
*In order to accept debit and credit card payments a merchant will have to purchase the iKhokha card reader.