How much does a POS system cost?
How much a POS system costs depends on the type, the number of tills and what is and is not included in the price. So do not just compare the monthly price, but all cost items over a period of a few years. These are the components to take into account.
Software: subscription or licence
Cloud POS systems usually charge a subscription per till or per location per month. Local software sometimes uses a one-off licence plus annual maintenance fees. Check whether updates and new features are included in the price.
Hardware
Think of a POS computer or tablet, receipt printer, cash drawer, barcode scanner, customer display and possibly a scale or label printer. Hardware is usually a one-off purchase. Check whether your existing equipment can still be used.
Card terminal and transaction fees
For card payments you need a payment terminal, bought or rented, and you pay a payment provider per transaction. Those fees vary by provider and payment method. Check whether the POS can connect to several providers, so you have a choice.
Integrations and add-ons
An integration with your webshop, accounting software or shipping partner is sometimes included and sometimes a paid add-on. Integrations that run through third parties may also have their own costs.
Pricing per user or per module
Some providers charge extra per employee, per module (such as stock or a loyalty card) or per additional location. As you grow, this adds up quickly. So work out what you will pay over two or three years.
Implementation, training and support
Set-up, data migration, training and support may be charged once or monthly. Also ask whether support can be reached by phone and whether that costs extra.
Tip: put the quotes from different providers into one overview, with the one-off costs (hardware, installation) and the recurring costs (subscription, transactions, add-ons) over three years. Only then will you see which POS system is really the best value.
