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pos system for small business

Best POS Systems for Small Businesses

Point of sale (POS) systems are the most important part of any business. These devices keep track of your inventories, issue receipts, card reader, and so much more. Whether you own a retail store or a restaurant, a small business needs all the help it can get. Here are the top POS systems to help get your business rolling.

Square

Square is not only one of the best POS systems, but it’s also relatively cheap to purchase and easy to use. While the cost of classic point of sale systems can be thousands of dollars, Square card readers can be as little as $10. This device allows you to process payments from credit cards using just your phone or another mobile device.

Square also doesn’t lock you into long-term contract agreements, which means you don’t have to worry about early-termination fees. Additionally, there is no additional hardware required, which can save a lot of money in the long run. Square runs on any iOS and Android device and registration is easy.

Shopify

Shopify is another device that is similar to Square. It’s a small tool that you plug into your smartphone or tablet. It allows you to process payments real time without the need for clunky all-in-one systems. There are no long-term contract agreements, and you have the ability to pay your monthly subscription month-to-month.

If you ever have an issue with your Shopify device or account, you can contact customer support 24/7, even on holidays. You can assign an SKU and price for every item you have, even if it’s just a different color. Shopify can additionally keep track of inventory and send you alerts when it’s getting low.

PayPal Here

If you own a small business, you’re probably familiar with PayPal. If you already have a PayPal set up, you may consider purchasing PayPal Here for your point of sale system. It uses the PayPal system to process payments, so you will need an account to use this device. Unlike other services, there are no yearly, monthly, or quarterly charges like Square and Shopify. There is still a fee per swipe, but there are no other hidden fees that keep you guessing.

This small device can handle basic inventory, run reports, and manage users. It can process various types of payments, and you can email or text the receipt to your customer right away. Unfortunately, PayPal doesn’t offer support for free, but you can email to get assistance with your device.

iPayment POS

If you’re looking for a classic point of sale system that won’t break the bank, iPayment POS is a great system for your business. While it isn’t designed for full-service restaurants, it works great for any other type of business. There are low fee rates, and a long-term contract isn’t required.
Because iPayment POS is an all-in-one system, you’ll be paying much more than you would when compared to Shopify or Square. On top of having to purchase or use your own iPad, you’ll also need to buy the equipment, which can be as high as $1,599. However, the company allows you to purchase different types of bundles to suit your needs.

If you’re looking for a cheaper way to get the equipment, iPayment POS allows you to lease the hardware for a minimum of 48 months, but purchasing the hardware upfront costs less in the long run. Thankfully, this system processes any payment including EBT, EMV chips, gift cards, so your money is well spent.

Bindo POS

Bindo is another all-in-one point of sale system, and it aims to give its customers complete access to everything they need to run a small business. Bindo has an inventory database with over 10 million products and other tools that are useful for everyday use. Some common features you may enjoy as a small business include the ability to manage your inventory, add unique items, add multiple discounts to one order, and more.

Bindo relies on Wi-Fi to work because it’s entirely cloud-based, so a high-speed internet connection is required. Unfortunately, Bindo is not equipped to handle restaurants, which means this machine is retail use only. Finally, Bindo offers free support 24 hours a day, seven days a week so you can get help when you need it most.

Last Updated: April 05, 2017