Empowering South African SMEs with Smart Payment Solutions

South Africa’s entrepreneurs are at the heart of economic development, yet many still face hurdles when it comes to modernising how they trade and get paid. That’s why Access Bank South Africa has partnered with iKhokha to launch an integrated small business payment solution, designed to simplify digital transactions, boost cash flow, and accelerate growth.

This strategic collaboration introduces affordable POS machines for SMEs, digital invoicing, e-commerce tools, and funding support, all built to help businesses thrive in today’s fast-paced market.

Why This Partnership Matters to Small Business Owners

Running a business is more than selling products, it’s about managing operations, maintaining customer relationships, and making informed decisions quickly. However, many SMEs in South Africa still struggle with:

• Limited access to digital payment solutions
• High costs associated with traditional card machines
• Inflexible business funding (options
• Time-consuming onboarding and admin

Access Bank’s financial expertise, combined with iKhokha’s smart technology, brings a comprehensive merchant solution to life, offering tools that do more than just swipe cards.

Key Features of the SME Merchant Solution:

• iK Flyer: A lightweight card machine with robust battery life
• iK Tap on Phone: Accept card payments directly on your smartphone
• iK Pay Link: Share secure payment links with customers nationwide
• iK Invoice: Create professional digital invoices in seconds
• iK Webstore: Launch your free online store in just 3 steps
• iK Cash Advance: Access fast, flexible working capital when you need it

All solutions are FICA-compliant, easy to set up, and backed by Access Bank’s relationship banking model (https://southafrica.accessbankplc.com/about-us/) ensuring personalised support from day one.

Why SMEs Need Digital Payments Now More Than Ever

Consumer expectations have shifted. Card payments, mobile wallets, and online purchases are no longer optional. Businesses that don’t offer these services risk being left behind.

That’s why the Access Bank x iKhokha partnership focuses on affordable digital payment adoption for SMEs, with no monthly rental fees, low transaction costs, and zero hidden charges. Whether you’re a retailer, mobile trader, freelancer, or run a salon, the tools are designed to suit your business model.

As highlighted in our Business Banking section, small businesses can now combine modern payment systems with reliable funding and expert advice, all under one roof.

Fast Onboarding, Simple Setup

Getting started is easy and fully digital:

1. Click your unique Access Bank sign-up link
2. Submit your business and personal details
3. Complete a secure online FICA verification
4. Choose your preferred POS device
5. Start accepting payments within days

You’ll also receive 24/7 merchant support via phone, WhatsApp, and email, plus help with onboarding to get you trading without delay.

Built to Grow with You

The modern entrepreneur needs more than a machine. They need tools to help them grow. Through this partnership, SMEs can tap into:

• Digital sales channels
• Real-time business insights
• Business loans and working capital
• Scalable solutions to match their expansion needs

From your first payment to your first international trade, Access Bank South Africa is committed to helping you unlock new opportunities. Learn more about our support offerings under Trade Finance (https://southafrica.accessbankplc.com/business-banking/trade-finance/).

A Smarter Way to Accept Payments and Grow

With iKhokha ranked South Africa’s #1-rated payment provider on HelloPeter, and Access Bank’s reputation for entrepreneurship support and tailored banking solutions, this partnership is more than a tech upgrade, it’s a business evolution.

Whether you’re just starting out or scaling up, our merchant solution gives you the flexibility, support, and insight needed to run a faster, smarter, and more profitable business.

Ready to get started?

Apply now for your iKhokha merchant solution and join thousands of South African entrepreneurs embracing modern, cashless business operations.