ShopKeep is pushing to challenge rival Square within the mobile obligations race by helping companies turn iPads into cash registers.
The Brand New You are able to-based company now boasts over $two million in funding, acquiring the backing of three major vc's in the National Retail Federation Large Show.
"This financing will further enable ShopKeep to create superior customer support and affordable innovative technology to small company proprietors, who require it probably the most,Inch stated ShopKeep co-founder and Boss Jason Richelson. "We're excited to assist small shops like mine operate a better, more lucrative business using just an iPad."
ShopKeep software connects merchants' iPads or Computers to some cash drawer, mobile charge card swiper and printer, allowing them to conduct transactions even throughout Internet black outs. The service costs $50 monthly, including inventory management and customer support.
Richelson's innovation now looks to undercut rival Square, which already includes a strong lead within the mobile payment area. The startup, headed by Twitter co-founder Jack Dorsey, boasts nearly $$ 30 million in funding, processed nearly $2 billion this year and claims nearly a million commercial clients.
Square presents a formidable threat to ShopKeep, however the latter is a lot cheaper and targets more compact merchants than Apple, Best To Buy or Wal-Mart.
Retailers like Ove Escava, co-who owns New You are able to-based The Bean coffee store, appear at first sight especially glad to get better back-finish support and personalized attention from ShopKeep.
"We always get solutions from support," he added. "I known as once after night time and that i heard back."
Richelson and ShopKeep co-founder Amy Bennett designed their startup with your merchant focal points in your mind, after becoming frustrated with the purpose of purchase software used at their New You are able to wine and gourmet food business, Greene Grape.
ShopKeep is just 2 yrs old, but may transform the growing mobile payment marketplace for small company proprietors interested in making the most of their transaction technology for any minimal cost.
ShopKeep Uncovers IPad Cash Registers, Challenges Square initially made an appearance at Mobiledia on Thu Jan 19, 2012 10:31 am.
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