How much do Point of Sale (POS) systems cost for different types of retail businesses?

Different companies have different needs, and thus the cost of a POS system depends on your type of business. Even within the same industry, concepts require a unique approach to a point of sales system. Evo payments and Smarter POS offer customized solutions geared towards reaching the most efficient state possible.

How do POS systems integrate with my business?

POS systems alleviate the complexity associated with running a retail business. These systems aid in inventory management, time management, and even routing if your retailer offers delivery. Anything required to handle customers and a sale is a feature within a full-service system.

POS systems offer as many features as required to collect data and help in both the back and front end. The register, payment processing system, ticket printer, inventory manager, and time sheets are all components of a point of sale system.

Evo aims to fit the widest variety of situations possible. We allow developers to create custom payment solutions for retailers and webstores through Snap and provide the hardware that lets your business thrive. Our mobile and handheld payment solutions allow you to go green by avoiding receipts while closing the sale wherever the customer is in your store.

What do POS systems cost for different types of retail businesses?

A POS system cost comparison requires looking at your industry. If you are a small retailer selling products you do not produce, an iPad-based POS system costs as little as $500. However, if you customize or prepare a product, a point of sale system can cost $2500 or more.

A restaurant requiring credit card processing, routing, ticketing, and order management will have a higher cost than the company selling a small set of mattresses from a single manufacturer. Most businesses fall somewhere in between. The overall cost of a solution does not vary much between providers.

Is there a single solution that fits all of my needs?

Some companies such as Stripe and Clover offer a single unified solution. These companies offer a simple card reader for as low as $59 or a simple register with an attached printer and payment system for $1200.

The off the shelf solution does not work for many retailers, bars, and restaurants. Bars, bakeries, and restaurants have particularly unique requirements. Food services companies benefit from closing sales at the table or in front of the customer and have inventory needs which are not always best handled by a simple card reader.

Evo offers a customized solution at an affordable cost. Our systems and software offer flexible solutions for any business. We work with our customers instead of sticking to a small set of features. Our restaurant POS, Maître D, was listed by QuickBooks as being among the best in the industry.

Smarter POS is a highly integrated solution from EVO that embraces your business. Our payment systems handle loyalty campaigns, credit cards, and helps you to manage every aspect of your business. We even provide custom branding to help you stick out from the pack.

The cost of a POS depends on your type of business. Evo works to provide the best solution for your company. Contact us today to find out how we can help you be more profitable.

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References

How Much Does a Point of Sale System Cost? Expert Point of Sale. (2019): https://www.expertmarket.com/pos/how-much-does-a-pos-system-cost