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November 14, 2011 04:00 pm GMT
SalesVu, a new mobile payments application and SaaS solution designed for distributed sale teams, has closed $600,000 in angel funding, the company is announcing today. Like Square, SalesVu's service includes a dongle that attaches to an iPhone or iPad, allowing its users to process mobile payments on the go using a mobile app. But unlike Square, the gadget doesn't plug into the headphone jack - it uses the iPhone or iPad's main port instead. The dongle also offers hardware encryption, something which Square's competitors have criticizedthe company for not including.In addition, SalesVu takes Square head on in terms of pricing: it's just 2.7% for all transactions (swiped or keyed in) compared with Square's 2.75% (for swiped transactions only).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IxWDuNW6Bec/
SalesVu Raises $600K For Square-Like Mobile Payments Service
SalesVu, a new mobile payments application and SaaS solution designed for distributed sale teams, has closed $600,000 in angel funding, the company is announcing today. Like Square, SalesVu's service includes a dongle that attaches to an iPhone or iPad, allowing its users to process mobile payments on the go using a mobile app. But unlike Square, the gadget doesn't plug into the headphone jack - it uses the iPhone or iPad's main port instead. The dongle also offers hardware encryption, something which Square's competitors have criticizedthe company for not including.In addition, SalesVu takes Square head on in terms of pricing: it's just 2.7% for all transactions (swiped or keyed in) compared with Square's 2.75% (for swiped transactions only).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IxWDuNW6Bec/
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