﻿The best point-of-sale or POS systems do more than just process transactions.
The best systems also offer software capabilities that streamline your daily
workflow, combining tools such as employee scheduling, customer loyalty programs, and
inventory tracking into one sleek platform. To help you choose the right POS system for your
business, in this video we’ll review and compare the most popular point-of-sale providers.
So let’s get started. 1. Square - Best POS System Overall
Square is a payment processing and point of sale (POS) platform used by businesses
of all sizes, from brand-new startups to large multi-store operations.
With Square you can accept all kinds of debit and credit cards, as well as gift cards,
and all at the same rate. Square covers any and all disputes
that may arise, as well as prioritising fraud protection and encryption so both you and your
customers are securely covered at all times The solution lets you also integrate seamlessly
with all the online aspects of running a business. From being able to send your customers a checkout
link directly through email or social media, to having your sales and inventory conveniently sync
with POS purchases automatically every time. Other pros you get with the Square POS system are
robust reporting, real-time analytics, and 24/7 customer support.
Plus,it’s simple to operate and doesn’t require any training to get started.
Square is the only one of our best picks that offers a free POS plan. To take advantage
of this option, you just have to process payments through its in-house platform.
Instead of charging a flat fee, Square bases its prices on the client business’s sales,
making it a good option for newer businesses with low sales volume.
You’ll pay transaction fees of 2.6% plus 10 cents for in-person transactions. Online payments come
with transaction fees of 2.9% plus 30 cents. Square also offers two paid plans – Plus and
Premium. The Plus plan is $60 per month per location and $40 per month per added POS device.
The Premium plan offers custom pricing. The platform’s versatility, combined with
various pricing options, makes Square the best overall POS system for small businesses.
Below this video is a link to the Square POS free plan.
2. Touchbistro - Best POS System For Restaurants
TouchBistro – as the name suggests – is a POS system designed with restaurants in mind.
It's an all-in-one restaurant management solution that can help you with everything
from inventory management to guest tracking and floor management.
TouchBistro is designed specifically for restaurants and offers dedicated solutions for
table service, counter service, bars & lounges, coffee shops, bakeries, and food trucks.
With TouchBistro, you'll have access to a range of tools,
including menu planning and inventory tracking, order management, and payment processing.
TouchBistro can also help you with floor plan optimization, menu management, tableside ordering,
and even mobile payment processing. And it's capable of handling resource
management through its scheduling capabilities and inventory tracking functions.
TouchBistro even has a gift card program that lets you customize gift cards to
increase brand awareness and encourage customers to keep coming back.
One of the unique features of TouchBistro is its menu coursing tool, which supports
up to 12 courses, giving you flexibility in accommodating a variety of shared orders.
You can even take orders directly from your website, which seamlessly connects
with your TouchBistro POS. With online ordering, customers can purchase
conveniently and you can boost your profits. And if you ever need help, TouchBistro provides
24/7 support from seasoned restaurateurs and former restaurant servers and managers.
Best of all, TouchBistro offers competitive pricing plans that start at just $69 per
month and offer additional services as add-ons, including loyalty programs, online ordering,
gift cards, marketing, and reservations. With over 29,000 restaurants in more than
100 countries worldwide, TouchBistro is the best all-around POS system for restaurants.
3. Shopify POS - Best POS System For eCommerce
Shopify is a complete platform for running an e-commerce business. No matter where you sell,
in-person or online, Shopify becomes your command center for managing products and orders,
accepting payments, and building relationships with customers.
Shopify POS connects to that powerful back office for in-person sales, ensuring that inventory,
payments, and customer data are fully synced as you make sales from your retail store.
Linking in-store and online sales with Shopify helps you simplify inventory tasks,
have more control over cash flow, and re-engage in-store visitors with online marketing.
Shopify’s sleek POS hardware comes with built-in payment processing
and competitive credit card rates. You’ll be able to accept all the major payment
methods and customize your checkout counter with the hardware you need for your store.
You can integrate Shopify’s card readers with your existing setup or visit the Shopify
Hardware Store to build your full kit. The intuitive and mobile POS app also makes it
easy to fly through checkout and assist customers anywhere, on the sales floor or on the go.
It’s especially well suited for businesses that sell both online and in physical stores,
as it allows for unified reporting of sales data from both channels.
The platform also offers a variety of solutions to transfer data from your
current POS system into Shopify. The system’s exclusive focus is on
e-commerce and retail and there are extra charges you must pay if you’re
not using Shopify’s payment processors. However, if you’re already selling online with
Shopify or want an easy setup for a few retail locations, Shopify POS is a no-brainer.
Plus, Shopify offers our audience a 14-day free trial.
4. SumUp - Best For Mobile Payments SumUp is a point-of-sale system that offers
various hardware and software for merchants to process credit card payments. SumUp is a
popular POS in Europe and recently expanded to the United States. While it has traditionally
offered mobile point-of-sale systems, which make it easy to accept payments on the go,
the company has launched a full-scale POS system for retail owners who want all the features
required to accept payment in-store. SumUp’s POS system can accept chip,
swipe and contactless forms of payment. The hardware, which is available in
several options and prices, connects to the SumUp mobile app via Bluetooth.
SumUp offers smaller and more affordable hardware for mobile payments as well as customizable
full-scale POS systems for larger businesses that need a more robust set of features, including a
cash register, receipt printer and a tablet. SumUp’s mobile POS systems are ideal for merchants
who need an easy way to process payments on the go. For example, if you sell merchandise
at fairs or festivals, a portable POS system’s flexibility will be helpful.
SumUp accepts all major credit cards and payment methods, including Visa,
Mastercard, Amex, Apple Pay and Google Pay. SumUp offers hardware for as little as $35, making
it easy for new business owners to start accepting credit card payments from their customers.
One of the biggest benefits of SumUp is that the pricing structure is transparent for the mobile
POS and the product is easy to use. There are no monthly account fees or minimum fees an account
holder is required to pay. The transaction fee structure is also transparent.
However, merchants must apply separately for a virtual terminal that allows them to
process payments remotely. This policy differs from one of SumUp’s top competitors, Square,
where you are able to process a remote payment automatically once you set up an account.
But overall, the SumUp family of products and services continues to impress with
its low cost and stress-free usability. If you’re looking for an in-house supplement to
its mobile payment processing appeal then the SumUp POS system is a great choice.
5. Vend - Best For Multiple Retail Stores Vend is a cloud-based point-of-sale system for
retailers of all types and sizes. The solution has all the tools for
multi-location retailers to sell, manage, report, and grow their business.
Vend is designed to work on various devices including Macs, PCs, and iPads.
It can also operate with a range of in-store hardware including receipt printers,
barcode scanners, and cash drawers. With Vend, you get the comprehensive solution
to run your stores including point-of-sale, product and advanced inventory management,
customer management, and reporting that gives actionable insights.
You can easily add new users, registers, sales channels, or locations as you grow.
Pricing for Vend’s POS system starts at $99/month when paid annually for the Lite plan with a
monthly turnover limit of $20,000. The Pro plan is $129/month if you pay
yearly. Pricing scales up if you have more than one location.
Vend POS’s biggest con is its slow processing speed. Others are that you can only use Google
Chrome to run this system, and it’s not suited for food trucks, bars, or restaurant businesses.
So these are the best POS software systems available in the market.
We hope this list will help you choose the right software for your business.
If you are undecided about which tool to choose, in the video descriptions you’ll
find free trials and the latest discounts to all of these platforms, so we highly recommend
checking them out and doing your own research to see which platform suits your needs best.
Thanks for watching, and see you in the next video.