Cash register prices differ by type, model and features
With prices ranging from less than $100 to more than $2,000, there’s a cash register for every budget
Electronic point-of-sale (POS) systems are a better choice for expanding companies
Entry Level Cash Register Prices
Entry level cash registers come equipped with a simple display, keypad, receipt printer, and cash drawer. These are suitable for small businesses with few staff.
Clerks have to manually key in prices, and printed receipts often only show basic information. Registers at this price lack advanced features such as employee numbers or advertisements.
You can pick up an entry level register from most industry retailers, such as Sharp, Royal, and Casio. At this level, feature sets are similar, so price should definitely be your main focus.
Price range: Under $100-$350
Mid-level Cash Register Prices
If you’re willing to spend a bit more, you can get a model with better functionality. Cash registers in this tier tend to feature customer-facing displays and thermal receipt printers.
Most mid-level models also include a laser barcode scanner to cut down on transaction time.
The processing chips in these models enable them to remember product information. Price lookups – or PLUs – are the unique numbers that let you access product pricing details when there’s no barcode to hand. Naturally, you should look for a machine that can store enough PLUs for your stock line.
Price range: $300-$800
High End Cash Register Prices
A great example of a top-line cash register is the SPS-530FT Hybrid by SAM4s. Retailing at just over $1,000, it’s perfect for retail and service industry use. It has dual keypad and touchscreen controls, a high-speed Epson thermal printer, and support for 60,000 PLUs.
Transactions are recorded automatically and you can easily export data via an SD card to a computer for analysis.
Price range: $1,000+
How Much Does a Touchscreen Cash Register Cost?
Touchscreen cash registers are a great choice for small businesses that have modest usage requirements – for example, small stores making a few sales per hour.
A basic touchscreen cash register will cost around $350.
Higher end models, such as those used in bars and restaurants, could cost around $1,200.
An advanced touchscreen register, like the Casio VR 7100 (pictured above), will cost upwards of $2,000.
This kind of device would best serve businesses with a constant flow of customers.
A few brands to look out for are Sam4s, Sharp, Royal, and Casio. Their touchscreen cash registers range in price from around $800-$1,500.
Which Cash Register is Best for Your Business?
Cash register costs vary from model to model depending on their feature set. You should invest in one that’s equipped to handle all of your point-of-sale needs.
Smaller businesses like independent book shops or food service vehicles might not need laser scanners or thousands of PLUs. For these kinds of businesses, a basic machine is probably a better bet.
Others, such as grocery stores, clubs and bars, may need fast machines that can power through lots of sales quickly. For these businesses, a more expensive register may prove the better buy.
Next Steps: Cash Registers vs POS Systems
By now, you should have a better idea of cash register prices.
Still, you may find that a cash register only takes you so far. For one thing, cash registers can’t scale with your business, so when you need to upgrade, you have to buy completely new equipment.
A more scalable solution is an electronic point-of-sale (POS) system. POS systems consist of easily upgradeable hardware and software. They’re typically available on a software-as-a-subscription (SaaS) model, which means you pay a supplier a monthly fee for access to their software. The right POS software can assist with everything from stock management to financial reporting.
So, cash register or POS? To help you decide, here are some questions to consider before you buy:
Could portable payment terminals help me serve customers faster?
Do I ever run low on key ingredients at critical moments?
Do any of my competitors run electronic customer rewards schemes?
Can my customers get the same in-store discounts as they would online?
Do we pre-schedule weekly and seasonal special offers?
Does reporting and budgeting take longer than an hour a week?
Can my front desk staff easily access bookings and customer account details?
Do I have integrated in-store and online appointment booking?
Are HR processes more difficult than they need to be?
If you answered ‘Yes’ more than ‘No’:
A POS solution will help your company pull in more profits!
If you answered ‘No’ more than ‘Yes’:
A cash register can probably cater to your needs!