- Shopify and Square offer competitive point-of-sale systems, complete with software, hardware and credit card processors.
- Shopify offers customers flexibility in choosing hardware, credit card processors and integrations. It is a great choice for businesses whose revenue comes from e-commerce sales.
- Square offers reasonably priced POS software, hardware and transaction fees. It can perform all the functions an entrepreneur or small business needs from a POS solution. Square is a great, affordable choice for businesses whose revenue comes from in-store sales.
A point-of-sale (POS) system is a combination of hardware and software used to complete sales transactions. But that’s not all that POS systems do. They also store customer contact information, organize your sales data, and provide insightful metrics about how your business is doing.
There are hundreds of POS systems that are available. And though the best POS system for your business depends on your needs and budget, two competitive POS systems that are often compared with each other are Shopify and Square.
If you’re stumped over whether you should go with Shopify or Square, we can help. We’ve examined both POS systems, including what each company offers, their costs (including their processing rates), features and their limitations. Here’s what we found, which, hopefully, makes your decision easier.
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Shopify vs. Square POS Software: Pricing and plans
Shopify charges a flat monthly fee, plus card processing fees for each transaction. Here are the rates for each plan.
- Cost: $29 per month, plus 2.9% and 30 cents for each online credit card transaction. In-person credit card transactions are charged 2.7%. If you choose to use a payment provider other than Shopify Payments,