Payment processing: This is the hardware and software required to accept customer payments.Features vary by product, but here are some of the most common POS system features:
Modern POS systems include a variety of features that help you manage your day-to-day business operations. So, if you want more functionality and features, it’s easy to add them to your POS at any time with Square. What’s nice about these additional plan types is that they are optional. Square for Retail plans have the same monthly fees as the Square for Restaurants plan, but they come with discounted transaction fees (2.5% + $010 for in-person payments).
The plan costs $60 per month for each of your locations, plus an extra $40 per month for each additional POS system you use. With Square for Restaurants, for example, you get POS software that’s geared specifically for restaurant use. Square also offers other plans geared for certain types of businesses.
Taking customer payments is easy with Square’s credit card readers and point-of-sale mobile app, which works with most Android and Apple devices for example, many Square users run their businesses with iPads. For an all-in-one system for taking payments wherever your customers are, pair the Square POS and mPOS systems together to give your business an extra boost. In fact, we also picked Square as the best mobile POS system for small businesses. Square is a common favorite of mobile businesses like food trucks and boutique retail shops. These benefits make Square a great choice for new business owners who need simple but powerful features from the get-go.
It’s free to start, easy to use, and chock-full of useful features. Our pick for the best POS system for small-business owners is Square. If your hardware will be used in a restaurant as a stationary POS, you’d probably want a more substantial setup over a mobile reader. If you plan on using the hardware for the foreseeable future, you may want to consider buying over renting. The hardware option you choose should largely be dictated by the needs of your business. The hardware can range from a free mobile reader to top-of-the-line POS systems that cost thousands of dollars. It’s important to note that in addition to the prices listed above, you may want to purchase or rent point-of-sale hardware. Implementing that type of hardware and software combo in your restaurant can significantly speed up your workflow and help you serve more customers. If you can afford multiple brands listed above, the next thing to determine is how valuable that brand’s offering will be for your business.įor example, Revel is one of the most expensive programs listed, but it also has more hardware options than some of the other brands in addition to exclusive features for restaurants. When comparing POS brands, the price is only a small part of the equation.