We could be dead wrong, but this looks to be the first credit card reader for the iPad. It comes from the folks at AppNinjas. The reader allows merchants to process credit cards using their iPad, provided of course they’re connected to the Net via WiFi or 3G. Their compatible Swipe app costs 99 Cents in the App Store and all new customers approved for a merchant account will receive a free credit card reader worth $79. Cost to use their service is 24 cents per transaction plus 1.74 percent of the sale in addition to a $24.95 monthly fee. The Swipe reader is also compatible with an iPod or iPhone.