10 POS Options for Small Businesses | Fora Financial Blog
The Top 10 POS Options for Small Businesses
July 12, 2019

The Top 10 POS Options for Small Businesses

Every interaction with your customers is significant when you’re running a small business. However, the point at which a customer makes a purchase is arguably the most critical moment in your customer’s journey.

This is what makes the point-of-sale (POS) system you chose so important for your business. Many modern POS systems help facilitate accounting, payroll, inventory and customer management, marketing promotions, and more.

To help kickstart your research, here are 10 popular POS options for small businesses that you should consider.

Which POS System is Right for Your Business?

1. Square

You can start using Square for free by simply downloading the app, signing up, and waiting for your card reader to arrive. Square is popular among mobile businesses such as food trucks because you can use it to accept payments on any device while also tracking sales, invoicing, and managing customers.

However, transaction fees tend to be higher — around 2.75 percent plus a flat fee — unless you sign up for a paid plan. Paid plans start at $60 per location per month.

2. Clover

Clover POS provides four different types of POS hardware that cost from $59 to $1149. They also offer two options for POS software to pair with these devices which are called Register and Register Lite. Register costs $29 per month plus transaction fees and Register Lite costs $14 per month plus transaction fees.

Both software options accept all forms of payment, manage payroll, and track sales, but you’ll need to upgrade to Register to add tips and manage inventory.

3. Shopify POS

The Shopify POS works online and in-store on both iOS and Android devices. Its plans start at $29 per month and go up to $79 and $299 per month.

On the more expensive plans, you’ll have lower transaction fees, more staff accounts, and additional features like advanced reporting.

For another $49 per month, you can lease a cash register, card reader, receipt printer, barcode scanner, and iPad stand from Shopify.

4. Quickbooks POS

Rather than ongoing monthly fees, you pay for the Quickbooks POS with a one-time purchase of $1200 to $1700 depending on the plan. Your transaction fees will depend on the monthly payment plan you choose.

Mobile readers, iPads, barcode scanners, and other devices all work with Quickbooks POS software. Moreover, if you’re already using QuickBooks for accounting, the POS integrates seamlessly with your accounting and payrolls system.

5. PayPal Here

Like Square, you can get started with PayPal Here for free, but you’ll have to purchase card readers to use it. There are three options for PayPal card readers which range from $14.99 to $79.99.

Of course, you’ll also pay transaction fees for all accepted payments through PayPal Here. This POS system has plenty of other features which include the ability to apply discounts and add tips, manage inventory, and report sales.

6. ShopKeep

For exact pricing on the ShopKeep POS, you’ll need to head to their website and request a quote by providing information about your business. However, according to PC Mag, the system starts at $69 per month, per register.

ShopKeep is iPad-based and it bills itself as a POS that’s well-suited to the needs of franchises, bars, restaurants, and retail businesses. The system allows you to manage booking, inventory, payroll, and marketing and is designed to require minimal training.

7. Toast

The Toast POS, as the name implies, is built with food service businesses in mind. The starting price for this cloud-based system is $100 per month.

Using Toast, servers can accept tableside payments with a tablet. Plus, they can manage individual food item availability to keep the kitchen and servers on the same page. This POS blends online ordering, payroll, sales reporting, and loyalty programs together in one system.

8. Oracle Simphony POS

A POS designed for food and beverage businesses in the hospitality industry is the Oracle Simphony POS which has a one-time starting price of $5000. The system works with the Oracle MICROS Tablet 700 Series, which processes tableside payments. With this POS, managers can see live video of the restaurant, manage inventory, facilitate loyalty programs, and process payroll.

9. Vend

Starting at $99 per month, Vend’s POS is a cloud-based system that’s compatible with all operating systems. However, since the system is completely cloud-based, you’ll need a tablet to process transactions. Vend is fairly basic compared to more sophisticated POSs but it does provide inventory management and basic reporting features.  It’s an ideal system for businesses with fewer than 10 locations.

10. Revel Systems

The Revel Systems POS is advertised as a system built for sit-down and quick-service restaurants, bars, and retail locations. It starts at $119 per month, but to get an exact number you’ll have to go through their website and talk to a representative.

Generally, the price will rise as you add registers. The features on Revel Systems POS include inventory management, reporting, time tracking, and a customer database.


With so many options in the POS space, it’s easy to get overwhelmed by features, pricing structures, and hardware options. The best way to overcome this is to consider what you need to run your business and eliminate systems that don’t meet your needs.

From there, your list will be more manageable, and you can spend time learning about each of the remaining systems to determine which will work for your business.

Fora Financial

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved, or otherwise endorsed by any of these entities.

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Fora Financial is a working capital provider to small business owners nationwide. In addition, the Fora Financial team provides educational information to the small business community through their blog, which covers topics such as business financing, marketing, technology, and much more. If you’d like to see a topic covered on the Fora Financial blog, or want to submit a guest post, please email us at [email protected].