POS Systems for Small Business
Are you looking for a point-of-sale (POS) system that fits your business needs? With so many options available, it can be challenging to make the right choice. But don’t worry; Moneybox is here to help!
Our team is familiar with multiple systems, the pricing, and the pros and cons. We’ve reviewed the most popular POS systems in the United States and compiled a comprehensive guide to help you make an informed decision.
This guide will provide detailed information on each system’s most notable features and pricing. We also outline key factors to consider when choosing a POS platform to best serve your business. By the end of this guide, you’ll have the knowledge and tools to select the perfect POS system for your specific requirements.
Clover POS: Most User-Friendly
When it comes to small business point-of-sale solutions, Clover’s POS system stands out as our top choice for several reasons. Its user-friendly interface, ease of use, and wide range of features make it a versatile option for various industries and business models.
Clover offers five industry-specific POS systems tailored to your needs: Full-Service Dining, Quick-Service Dining, Retail Stores, Personal Services, Professional Services, and Home & Field Services. Each system comes equipped with a comprehensive set of tools. For instance, the Personal Services system lets you book appointments and securely store customer credit card information. Moreover, Clover provides numerous hardware options, ranging from portable card readers to fixed terminals, ensuring a seamless experience for your business.
Clover’s Key Features
- Six industry-specific POS systems
- Affordable, in-house payment processing
- Easy-to-use platform
- Advanced reporting and analytics
- Several available high-grade hardware options
Pricing Clover’s pricing structure is straightforward, with various options for processing fees and monthly rates. Typically, card-present transactions come with a processing fee of 2.3% + $0.10. Monthly rates can reach up to $89.85.
Hardware costs vary depending on the item you choose. While some hardware is free with a POS plan, more advanced options can cost up to $1,649. Compared to Square, the next POS system on our list, Clover’s hardware is relatively expensive. However, it is considered some of the most advanced and modern-looking hardware available today.
Lightspeed: Best for Small Businesses Overall
Lightspeed is a point-of-sale system renowned for its outstanding inventory management capabilities. It powers renowned brands like Nordstrom and many others. On the other hand, Vend provides additional retail tools such as eCommerce stores, loyalty programs, and multi-location management.
Lightspeed offers advanced POS systems tailored to three specific industries: Retail, Restaurants, and Golf Courses.
Lightspeed and Vend share the same pricing plans: Lean at $69 per month, Standard at $119, and Advanced at $199 per month. However, there are three options for restaurant-specific packages at varying prices: Essentials at $39 per month, Plus $119 per month, and Pro at $289 per month. Lightspeed doesn’t publicly disclose pricing information for its golf-specific POS system, so you must request a quote for more details.
Lightspeed’s Key Features
- High-grade inventory management tools
- Loyalty programs for your customers
- In-house eCommerce platform
- Features to manage multiple locations, suppliers, and stock
- In-house SEO tools
- Industry-specific systems for retail stores, restaurants, and golf businesses