ERPLY, a popular point-of-sale (POS) software company, has just released a credit card reader for the iPad. This device will allow retailers to use their iPad to process credit card transactions on the spot.
As more tablet POS products become available to retailers it begs the question of whether traditional registers will eventually go the way of the dinosaur.
According to a press release by ERPLY, “The new credit card device connects to an iPad or iPhone and transmits a customer’s encrypted credit card data to the ERPLY point-of-sale software and inventory management software suite to process payments.” It is enabled for traditional credit card processing as well as Near Field Communications payment options, so retailer and consumers can feel comfortable with the sale.
ERPLY recently hit the App Store with their own free POS app called, Point of Sale. With this app, and a registered account, retailers can replace registers with a more mobile solution. Not only does ERPLY’s software allow for regular POS sales, but it includes inventory management, customer database storage and detailed reporting so that business owners can better keep track of the movement of products. Now, with the card reader, retailers have an easier way to process transactions.
A free account with ERPLY includes one user, one store, one register and 1,000 SKU inputs for inventory items. For $70, small business owners can add one additional user and up to 50,000 SKUs. Account prices go up from there. The new credit card reader will set you back $50, but has a low transaction fee of only 1.9 percent, which is reasonably lower than mobile POS darling Square’s 2.75 percent.