![]() Without speaking to a Clover rep, it’s difficult to locate transaction fees or pricing plans. Businesses can see who top sellers are, which makes it easy to recognize top performers. You can also run sales, taxes and payroll reports. It’s also great for service-based businesses thanks to its online booking features and automated reminders.Ĭlover offers features important to larger retail businesses, such as third-party apps, employee management, loyalty programs, marketing and customer management. With its simple setup, user-friendly interface and absence of monthly fees to use the service, Square POS is perfect for small retailers. Square POS also works great for retailers selling both online and off-line because it has a built-in inventory sync system. Square is best known as a mobile payment company, but its retail POS system is growing in popularity. It also has customer surveys so businesses can address any issues before they can become a review, which can make or break a small business. These include inventory management, reporting, analytics, barcode scanning to track inventory and fast swivel screens for many POS terminals. Square POS comes with standard features you see in best-in-class retail point-of-sale systems. Higher-volume businesses may prefer seeking a POS system with lower processing costs. This works great for small retail businesses on strict budgets. Keyed-in costs are 1.4% (UK cards) and 2.5% (non-UK cards), plus 25p per transaction. Processing fees for card-present transactions are 1.75% per transaction. ![]() Simply pay for your hardware and per-transaction fees. One of the best perks of using Square POS for your business is that there is no monthly fee to pay. Retailers operating both off-line and online can benefit from Lightspeed’s robust omnichannel options. Examples include apparel, electronics, toys, sporting goods, home decor, supplements and jewelry. Lightspeed works with many retail industries. Omnichannel businesses will benefit from built-in SEO tools, quick inventory syncing, a tiered customer rewards program, customer memberships and subscriptions. Popular integrations include Mailchimp, Lendio, OpenTable, QuickBooks and Stripe. Examples include third-party apps in categories such as accounting, chat, appointment scheduling, marketing, loyalty, inventory management and customer service. Software integrations help expand the functionality of Lightspeed. Each plan comes with 24/7 customer support, one-on-one onboarding and a dedicated account manager. When you upgrade to its highest tier, the Advanced plan, you’ll get omnichannel loyalty. If you want a true omnichannel experience, you’ll need its Standard plan or higher, which comes with e-commerce features. When using Lightspeed Payments in-person, the processing fee is 1.6% per transaction. Lightspeed plans start at £59 per month and go up to £119 per month. You should always check with the product provider to ensure that information provided is the most up to date. While we work hard to provide accurate and up to date information at the time of publication that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
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