By Susan Guillory
If you plan on having a retail store, you will need a point-of-sale (POS) system to complete sales, track inventory, and manage other aspects of your small business. But deciding on a POS system can feel overwhelming. Some are easier to use than others. Some give you better reporting than others. To help you narrow your search, here are three types of POS systems to consider for your store.
All-In-One POS System
Some POS systems give you robust functionality in one application. Not only can you accept payment from customers but you can also get detailed reporting about your business.
These types of POS systems often run quickly, saving you time both when checking out a customer and when collating your data. Because these systems are so robust, they’re often tailor-made to your specific industry. For example, a restaurant all-in-one POS system will look and react differently than that of a clothing store all-in-one POS system.
The potential downside to these systems is that they can cost a good amount of money each month. If you’re just getting started, you might want to opt for another system that’s better suited for your budget.
Cloud-Based POS System
Cloud-based POS systems are basically mobile apps your business can use on any device. This is beneficial to many types of businesses, including restaurants wanting to offer table-side checkout or retailers wanting to offer mobile checkout locations throughout the store.
If you’re using non-traditional hardware, such as tablets or smartphones, to accept payment, you’ll want to get a cloud-based POS system.
EMV Chip Readers
In late 2015, consumers started to have their credit cards switched to include the EMV chip. Store owners were supposed to do the same, yet many retailers have been slow to adopt EMV chip readers at their POS systems.
EMV chip readers don’t matter much for consumers, but they make a big difference for retailers. If there is a fraudulent charge, retailers have better protection when a chip reader is used rather than the traditional swipe-to-pay system. If you’re shopping for a new POS system, getting one with a chip reader is ideal. Soon, it’ll be the only option you have.
Which One is Right for You?
Narrowing the pool of choices to the type of POS system will help you decide which one is right for your needs. If you’re well established and have a healthy revenue stream coming in, an all-in-one might be the best option. If you’re just getting started, you’ll want to steer toward the cloud-based POS systems. And, if you want to stay compliant while minimizing your risk, you might want to limit your search to only include POS systems with EMV chip readers.
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Tatiana Clark
I use livepos in my retail store. It helped me secure all my files.
Helene Gallegos
Livepos helps my business to grow. Their features are very helpful in our everyday operations.
Sofia Bray
It’s been a year since we have been using Livepos as our point of sale. They really made a big difference in our business compared to the pos we used before.
Skyla Bridges
Using livepos makes it easy for us every day. The features they provide are very helpful in many ways
Sophie Bradford
Livepos is really great! It secures my files and helped me manage my business to make it successful.
Brittney Carey
Livepos has been my pos for a couple of years now. It’s a great system with amazing features that really helped me to run my business successfully.
Sonia Branch
I have been using Livepos for a couple of years now. This system is easy to use. Even non-technical users can operate it without having any trouble.
Jad Acosta
Livepos works the best in my store. It’s easier for us now to work with the help of this system.
Skyler Brennan
Since I use Livepos, it makes my job easy. The support is always there to guide us on anything we need advice on and how to use the system.
Corinne Guerra
Livepos has been part of my business for a couple of years now. I like how it completely track and manage my inventory.
Fern Greer
Livepos is one of the best pos systems. This system helped me to run my business smoothly.
Elva Rivas
One of the outstanding and useful pos systems out there is livepos. I’m using it for a couple of years now.
Stella Bowman
The features of livepos are great! It’s compatible in my store and very helpful.
Stacy Boyd
I’m using livepos for years now. It is all in one pos. it’s useful and very reliable.
Bil Barber
Livepos system is what I’m using in my store for a couple of years now and it is very helpful for me.
Stephany Bowen
I use livepos system for years now and it’s a big help in running my business. They also have friendly customer service and they’re are very reliable.
Simone Brit
I’ve been searching for a pos system before that is compatible in my store and I find livepos. This helped me a lot in running my business for a couple of years now.
Jasmine Straight
Livepos is my point of sale for a couple of years now. It has all the features that helped me every day.
Sophie Boyle
Livepos is the perfect point of sale in my store. Their features are the best and comfortable to use.
Alice Cole
We use livepos in my multi stores. Their features are amazing like real time dash board and inventory. It really helps us a lot in our daily operations.
Damon Wallis
For a couple of years of running my multiple location stores, livepos is one of the best help to our everyday transactions. It makes our work much easier everyday and really saves so much of our time.