Are you looking for point-of-sale (POS) system for your small business? If you are, you came to the right place.
This article lists out the best POS systems for small businesses. Use this information to choose the system that best fits your needs.
Best Small Business POS Systems
A POS system is an integral part of your retail business. Not only should it help you track and records sales, but a good system will also speed up your everyday tasks. Overall, it should contribute to a better customer experience.
When looking at different systems keep these areas in mind:
- Costs – Setup, payment processing, equipment, software, etc.
- Accepting different payment types – Debit, credit, EMV chip cards, and NFC payments like Apple Pay
- Security – Protection of your customer’s data
- Ease of use
- Mobility – Depending on your business type, can you accept payments on the go?
- Features – Inventory management, loyalty programs, reporting, etc.
- Integration – Will it integrate with your other retail systems such as accounting, ERP or eCommerce system?
We’ll look at five of the best POS systems for a small business, in no particular order.
Lightspeed is a popular cloud-based POS software. It is used for a variety of different retail businesses from apparel to electronics. It runs on any connected device – Mac, iPad, or PC. This allows your employees to be mobile in the store.
Lightspeed is stacked full of features that include: inventory management, multiple vendor purchase orders, acceptance of different payment options, wireless cash drawer, customer relationship management, and advanced reporting. Lightspeed also integrates with your accounting and eCommerce systems to streamline your entire business.
Pricing for Lightspeed starts at $99/month for 1 register and access for 5 employees. It tops out at $289/month for up to 4 registers and up to 20 employees access. Additional registers and employees can be added on a per monthly rate. There is a free 14-day trial.
Lightspeed is an affordable, robust POS system.
Shopify is one of the fastest growing eCommerce platforms available. They also offer their own POS system. If you’re already selling online through Shopify, then their POS system might be best for you.
Shopify’s POS system is an app for your iPhone, iPad, or Android devices. Users can also add card readers, cash drawers, receipt printers, and barcode scanners. Other features include inventory management, credit card acceptance, accounting integration, synchronize online and retail customers, and reporting dashboard. All users get 24×7 support by email, chat, or phone.
Pricing is not readily available on their site. However, it is noted that credit card rates are as low as 2.4% + 0 cents. Equipment can be ordered. Shopify also offers a free 14-day trial.
Vend is a cloud-based POS system that works on iPad, Mac, or PC. They also offer their own eCommerce system that can easily integrate with the POS system. They boast a 95% good feedback rate in their last 100 ratings.
Their list of features includes: inventory management, accepts NFC payments, manage customer profiles, build custom loyalty programs, customizable reports, staffing and scheduling, and accounting integrations. Vend works with a variety hardware, some you even might already own. They offer 24×7 support.
Vend’s pricing starts at $69/month for 1 register and up to 3 users. Their top plan maxes at $199/month and includes multiple outlets, 2 registers, and unlimited users. Additional registers can be purchased on a monthly rate. You can also purchase priority phone support.
Vend is one of the most popular POS systems and will surely meet most of your needs.
Revel Systems is an iPad-based POS system. It’s geared towards a variety of business types from retail to enterprise to restaurants. They also offer their own eCommerce platform.
Their main features include: employee management, tracking inventory, security benefits, loyalty programs, customer relationship management, reporting, and social media integration. Hardware includes iPads, barcode scanners, cash drawers, and printers.
Pricing is not available for Revel. If you’re looking for an iPad POS system, Revel is a newer POS system to try.
Square POS started with the idea that everyone should be able to accept credit cards. Founded by Twitter CEO and founder, Jack Dorsey, Square started as a simple credit card reader that could be attached to any mobile device. It has since evolved into a full fledged POS system that can be leveraged by different small businesses.
Users can sign-up and receive a Square magstripe reader for free. It’s compatible with both Android and Apple devices. It also accepts chip cards and NFC payments. Users can also use an iPad to make a countertop POS system.
Square’s main features include: real-time inventory management, different receipt options, reporting dashboard, manage employee access, gift card support, customer profiles, and accounting system integration. Users also have access to Square’s API in order to build custom apps for payments, eCommerce, POS, and more.
Pricing for the free app includes just credit card processing fees, which are 2.75% per swipe, dip, or tap. All keyed-in transactions costs are 3.5% + 15 cents per transaction. There are no monthly fees or chargeback transaction fees.
If you’re looking to get up and running quickly, Square definitely warrants a closer look.
What to Do Next
We can’t pick a POS system for you without knowing the ins and outs of your business. However, this information should help you narrow down your choices to a few. Take the time to explore the differences in each platform and choose the one that best fits your need.
For more research on POS systems, check out these other articles: