For example, an in-person processing fee might be 2.6% plus 10 cents per transaction. These rates are expressed as a flat rate or a percentage plus a number of cents. Most companies will offer a few different rates in-person (or in-store), keyed-in, and sometimes even rates for online purchases. Look at both monthly fees and processing fees. Payment processor: Some POS systems include their own payment processor, while others offer a choice of several that can integrate with their equipment.Some providers offer 24/7 phone support, while others may only provide online chat or email options. Look for a POS provider that offers support when you need it. Customer support: Any time a restaurant or retail store can't process transactions, it loses money.Some systems include self-ordering features for when stock levels are low, and others can sync a business’s inventory across multiple locations. Features: Important POS features include management of inventory, employees, menus, loyalty programs, and gift cards.Depending on your business, this can mean acquiring a tablet for a tablet-based system, card reader, cash register, cash drawer, receipt printer, barcode scanner, KDS, and customer-facing display. Hardware: This can also eat up a big chunk of your budget when setting up a POS system for the first time.Factors that can affect the price of a system include the number of locations, number of registers (some companies add a per-register monthly fee), add-ons (any extra features, third-party apps, or software integrations), and transaction fees. Price: Price is always going to be a concern, especially for small businesses and startups.Plus, an easy-to-learn system will make training new employees uncomplicated. Ease of use: A complex or cumbersome system is going to slow you down and make transactions a chore, so an easy-to-use system is a top priority.

Point of sales system for retail stores