Posted On : September 14, 2011 by Clare Kaufman

swipeitBy: Macally Peripherals (Apple only)

Cost: Monthly, $20. Transaction fee, $0.15. Setup fee, $15. Sales percentage: N/A

Bargain basement. SwipeIt's claim to fame is its credit card reader hardware, a classic magnetic swiper. But the app's real attraction is its pricing. Unlike most credit card payment apps, SwipeIt doesn't take a cut of your business, charging instead a transaction and monthly fee. For vendors with higher-ticket items, SwipeIt is the best deal around. The jury is still out on the overall value of this inexpensive app, however; SwipeIt lacks the automation and sleek design of top competitors.

Pro: Transaction-based pricing liberates high-ticket vendors from having to share the wealth.

Con: A spare user interface omits many useful features.


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