A Retail POS System can be referred to as the hardware and the software that is used to record the financial transactions of a retail store. It is the best solution for retail store owners to manage and assess their businesses. A Retail POS system can be as basic as a free software that functions on any PC or an online-based system such as Quickbooks to a completely integrated system with mobile POS abilities such as used in Apple stores. The key point is the data that the POS system produces for businesses and helps them keep track and be profitable. Retail point of service (POS) systems also empower retail staff to provide exceptional service levels aknd develop customer loyalty in an omnichannel world.
Top Eight Retail POS System for Small Businesses in 2021
Square POS System is the best for small businesses since it is free and is extremely user-friendly. Square offers a free POS software that is ideal for mobile as well as brick-and-mortar stores and has a free online store. The system also offers built-in payment processing, making it simple to get up and running instantly, and Square’s various optional add-on features mean the system can scale with the business.
Lightspeed Retail is an ideal retail POS system for businesses with large or complex inventories, including specialty stores which are required to manage custom orders. The software allows retailers create product bundles, classify with multiple alternatives, and manage purchase orders with the help of a built-in catalog. Lightspeed also offers one of the most refined analytics platforms for small businesses.
Toast is a restaurant POS system that has been precisely created for the food service industry. It syndicates front-of-house capabilities such as table mapping, menu management, and real-time response collection with back-of-house features such as kitchen displays and ingredient-level catalog tracking. Toast also provides online ordering and delivery functionalities, including the payroll tools and an extensive collection of industry-specific hardware, making it the best retail POS system for bars as well restaurants.
Shopify is an ecommerce solution that offers a free POS software that helps sell products at events or on-the-go. It also offers features to enable selling on social media as well as third-party marketplaces. For brick and mortar stores, Shopify offers a POS Pro plan which has omnichannel selling tools, sophisticated inventory management, and more thorough analytics. All the Shopify plans, sales, inventory, and customer data is stored in one place, making Shopify the best POS system for multichannel sellers.
Vend is an iPad and web-based POS system that has been created precisely for brick and mortar retailers. It is one of the few POS systems that is equipped with loyalty programs, store credit, layaway tools, offline processing, and easy product catalog administration. Vend assimilates with several payment processors so that companies can shop around for the lowest rates, and offers numerous payment options such as PayPal.
PayPal Here is a free mobile POS powered by PayPal which allows businesses to accept payments and send bills from any locations. PayPal is the sole small business mobile POS that straightaway accepts PayPal payments. This choice makes it an appropriate Square POS and payment substitute for mobile vendors and their customers.
Fresha, previously known as Shedul, is a free and multipurpose spa and salon POS management system software for beauty industry specialists. Fresha syndicates retail sales and inventory management functionalities with online appointment booking, calendar management, marketing tools, and reporting for an all-inclusive POS system. The software is totally free to use, which is a supreme value.
IT Retail’s Market POS is a precise system that comprises rare features such as scale integration for vending goods by weight, bottle deposit management, mechanized shopper rewards program, and self-checkout choices. The POS is wrapped in rugged hardware that is essential in a grocery environment and helps markets sell online and connect with a network of delivery drivers.