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Point-of-sale (POS) systems enable businesses to accept customer payments for goods and services, but the best POS systems offer much more. Whether you’re most interested in affordability, flexibility or features like inventory management and sales tools, it’s important to make sure you get the best suite of catered tools and capabilities from your POS system.

Out of the more than 30 products we reviewed, we’ve chosen the following ten as the best POS systems available. To select these systems, we’ve factored in overall cost, features, flexibility, third-party integrations and customer feedback. The providers we’ve included on our list stand out from their competition. Some are designed for certain industries and others offer unique benefits you won’t find elsewhere. Read on to find the right option for your needs and budget.

Why trust our small business experts

Our team of experts evaluates hundreds of business products and analyzes thousands of data points to help you find the best product for your situation. We use a data-driven methodology to determine each rating. Advertisers do not influence our editorial content. You can read more about our methodology below.

  • 20 companies reviewed.
  • 19 hours of product testing.
  • 760 data points analyzed.

Best POS systems in 2023

Best POS systems comparison

Starting hardware pricingThird-party integrationsInventory management24/7 customer support
Clover$49YesYesYes
Square$0YesYesYes
eHopper$69YesYesNo
Shopify$39YesYesYes
ErplyThird-party systemsYesYesNo
LightspeedQuote requiredYesYesYes
Aloha POSQuote requiredYesYesYes
Korona POSThird-party systemsYesYesYes
Lightspeed RestaurantQuote requiredYesYesYes
PayPal POS$29YesYesNo

Methodology

We extensively research the key competitors within an industry to determine the best products and services for your business. Our experts identify the factors that matter most to business owners, including pricing, features and customer support, to ensure that our recommendations offer well-rounded products that will meet the needs of various small businesses.

We collect extensive data to narrow our best list to reputable, easy-to-use products with stand-out features at a reasonable price point. And we look at user reviews to ensure that business owners like you are satisfied with our top picks’ services. We use the same rubric to assess companies within a particular space so you can confidently follow our blueprint to the best point-of-sale systems of 2023.

The best POS systems have positive user reviews on customer review sites. POS system companies should provide customers with fast and reliable support. Using a combination of phone support, live chat and knowledge bases, customers should be able to quickly resolve issues 24/7.

POS systems should include robust software and hardware that allow businesses to accept payment for goods and services. Hardware and software should be affordable compared to competitors.

Software should meet the needs of the business with industry-specific features for restaurants and retail stores. Restaurant POS systems should provide table management features and retail POS systems should offer loyalty programs and gift card management features. POS systems should track inventory and create analytic-based reports to help owners stay up to date on the specifics of what they’re selling. Software should integrate with other business tools, including e-commerce sites to track sales across all funnels.

Various hardware options should be offered to meet the needs of different business models. Equipment bundles should be provided to help outfit your entire business, and multi-location support should be offered to help unify your operations across all locations. POS systems should allow companies to accept mobile and contactless payments as well as offer self-service capabilities for customers to check themselves out. And the best POS systems should offer free equipment, such as credit card readers, to help businesses begin accepting payments quickly and easily.

What is a point of sale (POS) system?

A point-of-sale (POS) system is software and/or hardware that allows businesses to accept payments for sales of goods and services, whether in-person, over the phone or online. POS systems usually consist of software, such as virtual payment terminals, as well as hardware, like physical payment terminals, cash drawers, scanners and card readers. 

However, POS systems can do much more than give businesses a way to accept payments. Providers like Clover, Square and eHopper offer a range of other features that help manage aspects of a business, including inventory management tools, payroll software and reporting tools.

How to choose the best POS system for your business

Choosing the best POS system means considering a range of different factors, as businesses will have varying requirements depending on their size, industry and sales volume. Here’s what you need to consider:

  • Price: It might seem obvious, but keep costs in mind when deciding what POS system you need, as not all providers offer transparent pricing. Consider processing fees, monthly fees and hardware costs to ensure you find a plan within your budget. If you’re on a tight budget, look for providers with no monthly fees and free hardware.
  • Features: If your business only needs a basic POS system, you might find some providers’ free or basic plans can fulfill your business needs, while other providers offer more comprehensive plans for businesses that require extra features like inventory management, payroll software and scheduling and reporting tools.
  • Hardware: Not all businesses need cash registers, payment terminals and scanners, but if you do, ensure hardware is affordable and compatible with existing software and equipment. Make a list of the hardware you’ll need, then ensure your chosen provider offers it or can at least accommodate it.
  • Third-party integrations and API access: Many POS systems offer third-party integrations and APIs that can be useful for customizing a POS to your unique needs. It’s worth considering which integrations will be relevant for you and if an API will be helpful or overly complex. 
  • Ease of use: POS systems vary in complexity, and you don’t want to have to frequently rely on the customer service team for help. Free trials can be a good way to test a system and see if you get along with it before committing. If no free trial is available, consider asking for a demo to assess the product’s ease of use.
  • Customer support: The availability and quality of a provider’s customer support team is important. Not all offer 24/7 support, but you should consider the provider’s support channels and whether its support representatives have a reputation for being helpful.

Understanding the cost of POS systems

Starting monthly feePayment processing feeFree trial
Clover$14.95 per monthCard present: 2.6% plus $0.10
Card not present: 3.5% plus $0.10
Yes
SquareFreeCard present: 2.6% plus $0.10
Card not present: 2.9% to 3.5% plus $0.15 to $0.30
Yes
eHopperFreeAverage 2.5% plus $0.10Yes
Shopify$5 per monthCard present: 2.7% plus $0.00
Card not present: 2.9% plus $0.30
Yes
ErplyFreeStarting at 2.2% plus $0.10Yes
Lightspeed$69 per month2.6% plus $0.10Yes
Aloha POSFreeContact for a quoteNo
Korona POS$59 per monthDepends on the payment processorYes
Lightspeed Restaurant$69 per month2.6% plus $0.10Yes
PayPal POSFreeCard present: 2.29% plus $0.09
Card not present: 3.49% plus $0.09
No

POS system costs can be broken down into monthly fees, payment processing fees, hardware costs and a range of other service-based costs.

Monthly subscription fees

This is the core price of different POS systems, paying for its basic services such as the point-of-sale software, inventory management, reporting tools and other features. Most providers charge a monthly fee ranging from under $30 to over $200.

Payment processing fees

Payment processing fees are usually broken down into a monthly service fee and a per-transaction fee. The most common type of per-transaction fee is interchange-plus, which adds a small markup to the interchange fee charged by network providers.

Hardware costs

POS systems often come with hardware such as payment terminals, cash registers and card readers, which are usually accessible for an up-front cost or a monthly fee. However, some providers offer free or discounted hardware when you sign up.

Service-based costs

POS service providers often add other charges to your overall bill for services that grow in cost as you scale up. Examples include:

  • Location fees: Many providers charge an additional fee for two or more business locations.
  • Transaction fees: Some providers, like Shopify, add a fee if you don’t use their software integrations (such as Shopify Payments).

Do all POS systems have a monthly fee?

Not all POS systems have a monthly fee. Providers like Erply, eHopper and Square offer plans with no monthly fee, but they do still have per-transaction payment processing fees.

How much does a POS charge per transaction?

POS system providers usually charge a percentage of the transaction amount, usually between 1.0% and 3.5%, as well as a flat fee, usually $0.05 to $0.20. This pricing model is known as interchange-plus, and is the most common among providers. Transaction rates can vary based on the type of card used to pay and whether customers are paying in person. 

Frequently asked questions (FAQs)

Most POS systems use cloud-based software, meaning they’re connected to the internet and information is stored in the ‘cloud.’ This means you can view and manage your business from any location at any time.

POS systems work in the following way:

  1. The total amount due for the purchase is calculated.
  2. Sales tax is added.
  3. The payment is processed, either directly using a payment card or virtually using the card information. The bank may have to authorize the transaction in this step.
  4. The transaction is completed, and the details, including the time, date and value, are logged.
  5. Depending on the complexity of the POS system, inventory will be updated, and a paper or digital receipt will be issued.

Cloud-based POS systems generally require the internet to function. However, some, such as Clover, can accept card payments offline, storing the data safely and processing it upon a resumed connection.

Yes, many POS systems, such as Square, offer software through a mobile or tablet app. You’ll need a card reader to accept payments from debit cards, credit cards and mobile phones.

Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.

Blueprint has an advertiser disclosure policy. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.

Mehdi is a writer and editor with many years of personal finance expertise under his belt. He's a spirited money-saver, with a passion for making personal finance accessible and manageable. When he isn't writing, Mehdi likes to read about history and travel, hike along coastlines and in forests, and watch his beloved team Manchester United underperform.

Alana Rudder

BLUEPRINT

Alana is the deputy editor for USA Today Blueprint's small business team. She has served as a technology and marketing SME for countless businesses, from startups to leading tech firms — including Adobe and Workfusion. She has zealously shared her expertise with small businesses — including via Forbes Advisor and Fit Small Business — to help them compete for market share. She covers technologies pertaining to payroll and payment processing, online security, customer relationship management, accounting, human resources, marketing, project management, resource planning, customer data management and how small businesses can use process automation, AI and ML to more easily meet their goals. Alana has an MBA from Excelsior University.