Bring in the cash and bolster your business with the best retail POS systems
Running a retail business is no longer just about buying and selling – it’s about finding ways to stay ahead of your competitors. An old cash register doesn’t have the functionality to help you do this, but a modern POS system does.
Modern POS systems are like mini computers, giving you all the tools you need to run every area of your business. They can help with everything from processing payments to managing your staff, and can even be used to run marketing campaigns.
With the assistance of a modern POS system, you can better manage your retail business, process payments quicker, and grow and nurture your customer base. This all helps you to stay ahead of your competitors, and establish yourself as a successful retail business.
If you’re searching for the best retail POS systems, you may not be entirely sure about the type of system you need. Thankfully, we’ve whittled it down to the very best suppliers, and even provided you with information on what they’re great at (and what they’re not so good at).
To give you a sneak peek, we can reveal that the best retail POS systems are supplied by Lightspeed, EPOS Now, Square, Revel Systems, and Vend. Find out more about each supplier in the next section.
The Best Retail POS Systems
So what makes each retail POS system so great? Take a look at the table below, then click on the supplier for more information.
|Retail POS System Supplier||Best For|
|Lightspeed||Retail management software|
|EPOS Now||Offline mode|
|Revel Systems||Customer management|
Best for retail management software
Lightspeed offers sophisticated retail management software that enables you delve deeper into your stock control, inventory, and sales reports. You’ll be able to do things like order from integrated catalogs, receive notifications when items are running low, and download detailed sales reports that give you insight at employee level. On top of that, Lightspeed can help you set up a retail system that is tailored to the unique needs of your business – whether you own a cycle store, a pet store, or anything in between.
- Heaps of tailored features
- Includes a merchant account
- Great for multi-site stores
- Expensive compared to other suppliers
- No sophisticated offline mode
Best for offline mode
Some stores aren’t guaranteed a reliable wifi connection – but with EPOS Now, you don’t need to worry about that. Its system can work in offline mode for up to two weeks, storing all of your transactions until there’s a wifi connection to upload them to the cloud. EPOS Now is one of the only retail POS providers that offers you a fixed POS system, which makes it far more robust than an iPad. And with regular updates, an incredibly intuitive user interface, and plenty of hardware options, EPOS Now is just a great all-rounder.
- iPad and fixed options available
- Lots of hardware options
- Great offline capabilities
- Maintenance costs extra
- Doesn’t include a merchant account
Best for pop-up stores
There’s a lot to love about Square. It offers a simple, modern POS system that enables you to get your retail business off the ground in a matter of days. You can set up a Square account in just 10 easy steps – then, once your account and card reader are synchronized, you’re ready to start taking payments. Square supplies its software free of charge, but charges about 3.4% plus 10¢ for tap and go card payments – a tad higher than other merchant account providers.
- Easy to use software
- Lots of app integrations available
- Quick and easy to set up
- Software is less sophisticated than other systems’
- Transaction fees are a tad higher
Click on your state to find out!
Best for customer management
A Revel Systems retail POS system already has a CRM (customer relationship management) system built in. This means you’ll have all the tools you need to capture your customers’ data and regularly interact with them. Send them emails on the latest deals and sale items, and tailor the emails to their buying habits to increase the likelihood of capturing a sale. You can even use Revel’s POS system to book client appointments, which is handy if you run consultations as part of your retail business.
- Great offline functionality
- Integrated CRM system
- Tailored solutions for different store types
- Apps and add-ons cost extra
- Onboarding and installation are priced separately
Best for ecommerce integration
In 2018, there were 19.8 million e-commerce users in Canada alone, which suggests it’s a HUGE market to tap into. Why rely on high street walk-ins when customers can literally order what they need while they’re sat at their kitchen table with a coffee? Vend easily integrates with a range of ecommerce providers, including Shopify, WooCommerce, and Magento, meaning you can rake in the sales even when your store is closed. There are also three system packages to choose from, so you’re never paying for more than you need.
- Allows you to become an omni-channel retailer
- Sophisticated software
- Lots of great integrations
- 24/7 support will cost you extra
- Reporting is not as sophisticated as others’
When you’re looking for a retail POS system, it’s always best to have an idea of your priorities. In essence, all of these POS systems can provide you with the tools to sell online, manage your customers, and produce game-changing reports. Some of them just do certain things better.
While we’ve provided you with a rough idea of pricing, they’re by no means exact. There are lots of costs you’ll need to consider – not just the hardware and software, but transactional fees, installation fees, and ongoing maintenance all come into it.
The only way to get an accurate price is to bite the bullet and get in touch with suppliers directly. Expert Market’s price comparison service not only pairs you up with the best supplier for your needs, but also gives you the means to easily compare quotes, and get the best deal for your business. Why not provide us with a few details, and let us do the hard work?
What retail POS features should I be looking out for?
If you’re looking to invest in a retail POS system, consider the following features:
- An iPad, mobile phone, or screen
- A stand
- Receipt printer
- Barcode scanner
- Card terminal
Don’t forget, you’ll need to have a merchant account provider, and you should make sure that the POS software you choose provides you with the tools you need to manage your business. This should include inventory management, reporting, and potential CRM and accounting software integrations.
What is retail POS software?
Retail POS software is a program that provides you with all the tools you need to manage your retail business. It usually comes in the form of an app, which you can download onto a mobile phone, tablet, or even a fixed screen.
Make sure to check which merchant account providers work with your POS software provider before you buy.
How much does a retail POS system cost?
The cost of a retail POS system can depend on the hardware you choose, the software features you require, and how many user accounts you require. We have a whole page dedicated to the cost of POS systems, so head over there for more information.