- #Lightspeed hq vs. square update
- #Lightspeed hq vs. square upgrade
- #Lightspeed hq vs. square verification
- #Lightspeed hq vs. square software
The days of “talking to the bank” via hardwired phone lines are long gone.
#Lightspeed hq vs. square software
Thanks to 5G, cloud-based software and M1 microprocessors, your cutomers experience faster checkout times. Best POS systems like Square and Lightspeed encrypt credit card data and don’t store it on the system itself. Data breaches, robberies and credit card fraud are more common than you think.
#Lightspeed hq vs. square update
For example, if a client returns a product, the POS should update your stock levels and adjust your accounting automatically. A good POS will reduce the number of steps each staff member takes to complete a task. Automation of menial tasks is the key to keeping wages in check. Your POS solution must track all of your customer data, and give you the option to leverage this data in a way that improves customer experience and/or increases revenue. It is even our top choice for the best free POS system. Overall, Square is the best choice in terms of affordability, with its completely free POS system options, add-ons, affordable hardware, and competitive processing rates. Not only that but there are also RACS (Retail Access Control Standards) compliant registers that you can get directly through Lightspeed so that you can sell things like Juuls or other restricted substances legally. The ability to choose a separate merchant account also means Lightspeed is compatible with high-risk businesses, such as cannabis and vape retailers.
#Lightspeed hq vs. square verification
Lightspeed also has age verification tools, making it the better choice if you sell alcohol, tobacco, e-cigs, or other age-restricted items. The POS system lets you create custom groups or bundles/kits, track items down to the ingredient level, and include custom product modifications, plus, there are over 3,000 built-in product catalogs for reordering and finding new merchandise. Lightspeed inventory management tools are top-notch. Lightspeed’s POS systems are the better choice for full-service restaurants, retailers with large or complex inventories, high-risk businesses, golf courses, and businesses looking for high-level reporting tools and insights. Higher monthly rates if using third-party merchant Lightspeed payments included, but can use third-party merchant account
Tools for managing high-risk and age-restricted sales (RACS compliance)
#Lightspeed hq vs. square upgrade
No in-house add-ons, must upgrade plan to get advanced features Specialty POS for full-service restaurants, retail, and golf coursesįree onboarding assistance and 24/7 support Related: See our article on why small businesses love Square.ĭetailed inventory management, including wastage tracking and integrated vendor catalogsĤ0+ customizable reports and insights/suggestions based on dataĪnalytics, accounting integrations, and ecommerce available in higher-tier plans only With Lightspeed, most of the tools are either only available through higher plans or require third-party integrations. Additionally, you can add Square add-on tools to any plan, including payroll, a loyalty program, and invoicing.
Unlike Lightspeed, however, Square’s plans are extremely affordable, with free plans to get you started and paid plans from $29–$69 per month if you need more. Like Lightspeed, Square comes ready to go with in-house payment processing and a native online store. Square is also great for businesses that want a POS system that will work seamlessly right out of the box, with add-ons and affordable plans to support you as you grow.
Square’s POS systems are the better choice for budget-minded businesses, food truck/cafe operations, mobile sellers, solo or micropreneurs, appointment-based businesses, and small to midsize retailers. Specialty POS solutions for cafes, appointment-based businesses, and retailersįlat-rate payment processing is not ideal for high-volume sales Omnichannel sales management (online store, Google, social media, and Etsy integrations)Ĭustomer support is only available Monday–Friday, 6 a.m. Popular, highly rated mobile app with mobile selling capabilities Affordable and easy to use all plans include an ecommerce store and payment processing
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