Finweek - English

KEEPING THE ECONOMY – AND THEMSELVES – AFLOAT

covid-19 has not only impaired lives, but business continuity too.

Around the world, businesses – from small to the largest of conglomerates – have had to grapple with how to keep operations running while maintaining social distancing and adhering to national lockdown restrictions, to limit the spread of the coronavirus.

A crisis of this nature and magnitude placed enormous pressure on organisations to quickly adapt or cease to operate, either briefly or indefinitely.

How quickly a business harnessed the technology it was already employing within the organisation, or digitally transformed its operations, was what kept most enterprises from losing huge chunks of their productivity and output.

Processing mobile payments

Yoco was primarily built on easing the use of cash in the economy by taking cash transactions digital and at low cost. Some seven out of ten adults in South Africa have bank cards, according to But, the

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