The 6 Best POS Systems for Small Businesses in 2023

Square

Square provides flexibility for small businesses and plenty of room to grow.

Pros

Robust free option for online sales
Easily track inventory
Integrated payment system

Cons

Expensive processing fees for businesses with high volumes
Free option lacks advanced features
Extra fee for a loyalty program

Founded in 2009, Square POS systems and devices are used in small businesses, from retail shops to diners. The platform’s versatility, combined with various pricing options, makes Square the best overall POS system for small businesses.

Square offers three plans, all of which provide integrated payments. You’ll pay credit card processing fees of 2.9% plus $0.30 for online transactions on the Free Plan and the Professional Plan charges the same rates, but costs $12 a month for extra features. The Performance plan also costs $26 for even more features, but charges the same fee for processing. Premium costs $72 and offers lowering processing fees of 2.6% + $0.30.

For most small businesses, you’ll want a Square register for $799. But the company also offers mobile square readers and iPad stands so you can customize your setup. All three plans come with standard features like:

Barcode scanning
Invoice and electronic gift card options
Instagram selling capabilities
View low and out of stock inventory
Sales reports
Time tracking
Timecard reporting

Select from popular Square plans such as:

Free: It’s free to sell online or in-person while tracking inventory, reviewing sales reports, and overseeing your employees.
Professional: $12 a month and create custom websites without Square branding.
Performance: For $26 a month you get advanced reporting, reviews, marketing features, and more.
Premium: Costs $72 a month. It has a lower processing fee and performance features.

Square also offers integrations with your small business software. Just head to your dashboard to connect your POS system with:

WooCommerce
QuickBooks Online
Xero
TaxJar
SumAll

Get more from your services by adding extra services like loyalty, email marketing, and payroll programs. If you need help with your Square POS system, you can contact Square support via phone or email or get answers from the seller community or support articles.