the number of staff you employ and how many of them need to take payments) This is the whole point of this article – looking at the best POS systems based on:
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Whether you need to accept these payments at a fixed till or have a portable POS system for taking payments anywhere on your premises depends entirely on the nature of your business.ĭue to the differences in business types, one POS system may be great for one business but cause users to pull their hair out in other businesses. You may also be interested in our guide to the best restaurant POS systems where we go into more detail about the options available.Īs obvious as it sounds, a good point of sale (POS) system should make it easy for you to accept and track payments from your customers in-store. In this guide, we’re going to summarise the POS systems for retail and hospitality businesses so you can narrow down your list of options and make the right choice for you. Some providers specialise in solutions for small businesses while others aim to cater for larger enterprises – and then you have the POS systems designed for specific industries such as retail or hospitality.Ĭhoosing the right POS for your business starts with knowing what you need from your system and then understanding which provider can fulfil them. The first thing to understand is that not all POS systems are created equal. Every company promises to offer the best POS system, but they can’t all be telling the truth – so what’s a business owner to do? So you’ve decided you need a POS system for your businesses and now you’re faced with the daunting task of choosing the right provider. POS Transaction Fees ( 3rd party processors)ġ.7% Basic (3.7%) 1.6% Standard (2.6%) 1.5% Advanced (2%)
Monthly POS Software Fees (per store locations) Middle-sized stores and small chains with large inventories Multi-store chains requiring a large number of features and integrations
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