Choosing the right small business retail POS system is a major decision. That's why we put together this list of the best POS systems for retail, which includes details about their top features and pricing.
In This Guide:
Korona POS System
The Korona POS system is largely regarded as the best option for any retail business. Their software was built with retail management in mind, and the technology they use allows for things like inventory management and sales reports to be automated.
Their interface is very straightforward and user friendly, so you can easily learn how to use the wide variety of features the Korona POS system has to offer.
Features
This POS system Is the top of its class because of the expansive list of standard features available.
For example, their inventory management tools do not have any maximums, and product data can be easily changed or adjusted as needed. Everything from vendor management and ordering to invoicing can be automated, helping you improve efficiency and accuracy.
The Korona POS system also has some of the fastest transaction times in the industry. This is a necessary benefit if you have seasonal demand or have times of the day that are busier than others.
Here are some additional features that make this one of the best POS systems for retail:
- Cloud-based support
- eCommerce and multi-store capabilities
- Employee management tools
- KPI reporting features
- 24/7 customer support
Costs
The Korona small business retail POS system requires a monthly fee that starts at $49.00 per month. You have the option to pay this fee at a discounted annual lump sum, or you can make regular monthly payments.
The pricing will also vary depending on the number of users and terminals your business needs, but the provider prides itself on having no hidden fees or additional costs. There are also no cancellation penalties should you change your mind.
Square POS System
Another excellent small business retail POS system is Square. They have some of the most reliable - and aesthetically appealing - hardware in the market, and you have likely seen their registers in terminals in many boutiques and stores.
One of the most appealing aspects of this platform is mobile functionality and the ability to pick and choose the solutions that you need.
Features
The Square POS system is extremely user friendly and offers many features to help business owners scale their operations. Here are some of the most notable tools they offer:
- Inventory and warehouse management systems
- CRM features
- Custom invoice solutions
- Marketing campaign capabilities
Costs
This Square POS system for retail is one of the only options that does not require a monthly subscription. Your cost instead comes in the form of transaction fees, so the pricing will vary depending on the volume of business you conduct.
This is what some of the transaction fees look like:
- Keyed-in Cards: 3.5% + 15 cents
- eCommerce Sales: 2.9% + 30 cents
- Square Register: 2.6% + 10 cents
The hardware needed is also very affordable, starting at just $10 for the Square reader. The score register is the most expensive and starts at $999, and the square stand retails for $199.
Clover POS System
Another one of the best POS systems for retail is Clover. They are unique because they outsource much of their functionality to an app marketplace but have completely proprietary hardware. However, this can benefit many small businesses since it allows you to source almost any tool or feature that you need!
Features
The features in this platform are almost limitless because of their application marketplace. You can incorporate anything from Yelp and DocuSign to MailChimp and QuickBooks into your system!
These are some additional standard features:
- Cash management tools
- Employee management
- Advanced reporting features
- CRM
Costs
The cost of the Clover POS system for retail depends on the number of terminals you need, and the banking institution will use it to cover your transactions.
The estimated cost for a Clover terminal is between $1,000 and $1,200, and you can also expect to pay a monthly subscription fee between $15 and $30 per month.
References: