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Erply, a company that develops retail inventory management software, is taking on Square, Intuit and VeriFone today with a new mobile credit card reader for iOS devices. Erply’s credit card device connects to an iPad or iPhone and will transmit a customer’s encrypted credit card data to its own point of sale and inventory management software suite to process payments.
With the Erply’s reader, a retailer attaches the device to an iPad or iPhone’s charging port and this communicates with the company’s POS software to process the transaction and record the sale in inventory. The credit card information is actually encrypted inside the device, ensuring that the transaction is safe and secure.
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