Best for
Erply is best for retail businesses of all sizes looking for locally installed or cloud-based POS software solutions.
Specializes in
Erply offers POS software solutions mainly to retail businesses of all sizes. The company also provides its POS solutions to coffee shops and merchants with extensive inventories, such as grocery stores. The company partners with third-party merchant providers for payment processing services. Erply, which aims to be every retail business's first choice for software solutions according to its website, offers a feature-packed POS that can be hosted via the cloud or on locally installed servers. The company also offers merchants proprietary API solutions that allow merchants to design new apps on their POS or integrate with third-party or custom apps.
Pricing Summary
Setup Fee: $0
Monthly Fee: Up to $79/Mo.(Monthly Billing) and Up to $69/Mo.(Annual Billing)
Swipe Rate: 2.2% + $0.10
Keyed-in Rate: 2.2% + $0.10
Early Termination Fee : None
Contract Terms:
Erply is a reseller of Cayan, TSYS, and WorldPay payment processing services. The company's acquiring banks are Wells Fargo Bank, N.A., Walnut Creek, and U.S. Bank, Minneapolis, Minnesota.
Officially founded in 2010, the New York City, NY-based Erply is headed by founder and CEO Kris Hiiumaa.
Erply was founded in 2010 by Kris Hiiemaa, the current CEO. Erply is headquartered in New York City, New York. The company is primarily a POS software vendor for retail merchants and resells merchant account solutions for Cayan, TSYS, and WorldPay. Erply has also partnered with I.D. Tech, Ingenico, MagTek, Pax Paypal, and Verifone for POS equipment.
Erply was a product of SeedCamp funding in 2009. In 2013, the company successfully raised $2.2 million in Series B financing from Redpoint Ventures, Index Ventures, and 500 Companies.
The company lists on its website that it offers 24/7 support with offices in five countries. Erply processes five million transactions a month and supports all international currencies.
Erply is not accredited with the Better Business Bureau (BBB) and does not have a rating assigned. The company also does not have any complaints lodged against it on the BBB site.
Head Quarters
New York, New York
Year Founded
2009
CEO
Kristjan Hiiemaa
Employees
70
Merchant Provider Risk Tolerance
Payment Processing: Erply resells payment processing services to retail businesses of all sizes for Cayan, TSYS, and WorldPay. The company supports contactless payment processing via cash, credit and debit card, Apple Pay, Google Pay, and NFC.
Point of Sale Software: The company's flagship offering is its feature-rich POS software that can be either cloud-based or locally installed on merchants' machines. Erply has tailored its POS solution to retailers of all sizes or businesses of any size or industry which manage large inventories.
Point of Sale Hardware: Erply partners with I.D. Tech, Ingenico, MagTek, Pax, Paypal, and Verifone for the latest secure EMV-enabled POS equipment.
Discloses All Important Terms
Yes
Public Pricing Available
Yes
Erply offers various pricing which we have found pricing information for;
Swiped Rate – 2.20% - 4.99% + $0.10
Keyed-in Rate – 2.20% - 4.99% + $0.10
Early termination fees – None
PCI compliance fee – not available
Equipment leases & terms – not available
The company offers a monthly rate on its POS offering and a 20% discount with annual billing.
POS plan for small businesses without inventory – $29/month or $228/annually
POS for inventory-based e-commerce businesses – $59/month or $468/annually
POS with Inventory + Retail – $79/month or $828/annually
Merchants may also be charged fees for a payment gateway or virtual terminal, batch fees, chargeback fees as they occur, and technical support fees, among others, for payment processing through Erply.
Pricing Model
Tiered Pricing
Swiped Rate
2.2% + $0.10
Keyed-in Rate
2.2% + $0.10
Mobile Payment Rate
2.2% + $0.10
Virtual Terminal Rate
Monthly Fee
Up to $79/Mo.(Monthly Billing) and Up to $69/Mo.(Annual Billing)
Payment Gateway Fee
Undisclosed
Batch Fee
Undisclosed
Early Termination Fee
None
PCI Compliance Fee
Undisclosed
Equipment Lease Terms
Address Verification Service (AVS)
Application Fee
Account Setup Fee
$0
Gateway Setup Fee
Annual Fee
Monthly Minimum
Statement Fee
Erply is very transparent regarding its terms and conditions. The company resells merchant processing of numerous vendors, all of which do not have early termination fees.
Merchants should carefully review whether there is any non-cancelable long-term equipment lease agreement language in its contract with Erply for POS hardware equipment.
Contract Length
Month-to-month1 Year
Early Termination Fee
None
Erply is not accredited with the Better Business Bureau (BBB) and does not have a rating assigned. The company also does not have any complaints lodged against it on the BBB site. Nor does the company have any complaints against any other online forum or review site.
There are no outstanding lawsuits or FTC complaints against Erply at this time.
BBB
NR and is not BBB Accredited. (0 Review; 0 Complaint)
N/A
N/A
Yelp
N/A
Total Online Reviews
50+
Total Online Complaints
>10
Lawsuits
None
If you're in the market for a merchant account provider, be sure to check out our user reviews, our merchant accounts guide and our top popular merchant provider picks