First launched in November, SalesVu includes many of the tools that have made Square, and to a lesser extent, GoPayment, popular with mobile users. In this case, however, SalesVu is targeting business customers.
New retail features include the ability to print receipts, cash drawer management, and barcode scanning. For restaurants, SalesVu Version 2.0 includes tip adjusting, split checks, kitchen/bar printing, and online ordering. Finally, for the service industry, the app now includes invoicing, recurring billing, and online scheduling.
According to TechCrunch, SalesVu hopes to compete with others in terms of pricing.
To combat Square’s low 2.75%, SalesVu negotiated with its partner Mercury Payment Systems to take the risk and go even lower to a flat 2.7% in the U.S. In Canada, rates vary from 1.73% to 3.26% depending on card type, which means it’s (sometimes) lower than Intuit’s GoPayment. The company has a profit-sharing arrangement with Mercury, which allows it to generate revenue from those fees.
SalesVu Point of Sale and Mobile Payments for iPad and for iPhone are available now in the App Store.